SAP Financial Practices series offers collection management, dispute management, credit risk management, cash and liquidity planning functions.
With the collection management, you can manage the maturity tracking of your customer invoices and the maturity postponing approval and realization transactions. It provides data to facilitate decision-making in customer management with integrated aging reports.
The integrated structure of credit risk management with sales and collection modules allows you to carry out your sales transactions in a controlled manner based on the risk ratings and limits you have exported or created. It also ensures that limit increase requests are subject to approvals.
With cash and liquidity planning, all cash related transaction and planning (sales-purchase orders and invoices, loans and other treasury products) generated on the system are reported from a single location and also allows for more precise cash management by allowing plan data to be entered.