FSCM improves the efficiency of the accounts receivable and accounts payable teams, improving the business’s cash flow. SAP Financial Supply Chain Management suite of modules and applications provides a solution to improve your AR processes; it provides functionalities for electronic billing, managing billing disputes, collections management, and credit risk management.
Following are the Modules of FSCM :
– SAP Treasury and Risk Management (FIN-FSCM-TRM),
– SAP Biller Direct (FIN-FSCM-BD),
– SAP Cash and Liquidity Management (FIN-FSCM-CLM),
– SAP Collections Management (FIN-FSCM-COL),
– SAP Credit Management (FIN-FSCM-CR),
– SAP Dispute Management (FIN-FSCM-DM)
– SAP In-House Cash (FIN-FSCM-IHC).
– SAP Bank Communication Manager (FIN-FSCM-BCM)
Functions of FSCM:
1. Electronic Bill Presentment and Payment
2. Collections Management
3. Credit Management
4. Dispute Management