SAP FSCM Training Overview
SAP Financial Supply Chain Management (SAP FSCM) and the SAP approach for developing this solution. Participants get clear understanding of Cash and Liquidity Management, Dispute and Collection Management
SAP Training Course outline
Business Partners:
Fundamental Concept of a business Partner.
Customer / Vendor Integration.
Business Partners for Cash Management.
Configuration overview.
Cash and Liquidity Management:
Bank Accounts.
Planning and Controlling free cash flows.
Electronic Bank Statements.
Reconciliation the cash flows with the Bank Statements.
Forecasting Liquidity.
Configuration overview.
Dispute Management
Dispute Management Overview.
Business Process Overview.
Finance Process Integration.
Dispute Case Details.
Dispute Management Functions.
Configuration.
Collections Management
Overview of Collections Management.
Business Process Overview.
Configuration.
Workflow
Overview of Workflow.
Importance of Workflow in FSCM.
Job Scheduling
FSCM jobs
Setting up job Variants.
Documentation of the job processes in Microsoft Visio
full course details please visit our website www.magnifictraining.com
Duration for course is 30 days or 45 hours and special care will be taken. It is a one to one training with hands on experience.
* Resume preparation and Interview assistance will be provided.
For any further details please contact +91-9052666559 or
visit www.magnifictraining.com
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2. SAP Financial Supply Chain Management - An overview
Financial Supply Chain Management (FSCM) in simple terms means
managing demand and supply of cash/cash equivalents. SAP has come out
with SAP FSCM functionality or suite of applications to manage this more
effectively and efficiently thus helping companies to manage the costs
associated with this process better. In this posting we will look at what are
the features and functionalities available in SAP FSCM and how it can be
leveraged better for the benefit of business.
Key business areas where SAP FSCM functionalities can be leveraged are
input for more efficient working capital management, receivables
management and cost management of payments. SAP FSCM
functionalities are enabled by SAP Net weaver technology to enhance the
reach and better integration - both within and outside the organization
applications as well as integrated within SAP ERP
3. SAP FSCM Online Training Concepts :
Present customer invoices and account data using the Internet with SAP Biller
Direct
Process claims and deductions with SAP Dispute Management
Collect outstanding receivables efficiently with SAP Collections Management
Integration of these SAP FSCM components with each other, with Financial
Accounting And other SAP ERP components
Integration with Dispute Management
Relative BADi implementations
4. Overview of the SAP FSCM
Introduction to SAP FSCM Business Processes and
Integration with FI Overview
SAP Biller Direct (FIN-FSCM-BD)
FIN-FSCM-BD Business Processes
Customer Portal Administration
Create Users, Work list Customer Messages
Display and Delete Customer Action Logs
Create Customer Notifications
Activities of the Bill Receiver
5. Key functionalities/applications within FSCM are:
Electronic Bill Presentment and Payment :
This application provides a better and more real time interfacing with the
customers and vendors with added benefit of self service to view the accounts
as well as make electronic payments. It is mainly caters to presenting the
invoices and account statements to the customer and vendors over the
internet. Key benefit is reduction in overheads and cycle time associated with
this process for both - organization as well as its customer and vendors.
Collections Management
This application provides the functionality to manage the collections more
efficiently and effectively. This is similar to the collection management
functionality already present in SAP FI-AR component with added features like
sending payment reminders, portal catering to collection agents, devising
collection strategies and managing agreements related to payments from
customer.
6. SAP Training Course outline
Business Partners:
Fundamental Concept of a business Partner.
Customer / Vendor Integration.
Business Partners for Cash Management.
Configuration overview.
Cash and Liquidity Management:
Bank Accounts.
Planning and Controlling free cash flows.
Electronic Bank Statements.
Reconciliation the cash flows with the Bank Statements.
Forecasting Liquidity.
Configuration overview.
7. SAP FSCM – Dispute Management
Overview SAP Dispute Management
Process flow of Dispute Management
Financial Process Integration
Data Transfer
Dispute Case Details
Functions of SAP Dispute Management
Generic Functions of SAP Dispute Management
Customizing of SAP Dispute Management
Customizing of Process Integration
Processing of dispute through various business process
Integration with Biller Direct
Relative BADi implementations
8. FIN-FSCM-DM Configuration
Dispute Case Processing
Create RMS ID
Element Type and Case Record Model
Create Element Type and Profile for case search
Create customer specific functions
Text Profiles
Status Management - create status profile
Correspondence and Case Types
Workflow and Process Integration Settings
9. SAP FSCM – Collections Management
Overview of SAP Collections Management
Functions of SAP Collections Management
Customizing of SAP Collections Management
Integration Collections Management and Dispute Management
Work list generation for collections process
Processing of receivable
Process of P2P, Resubmission, Contacts and Dispute Cases
Relative BADi implementations
10. Some of the key benefits SAP FSCM brings in are:
Last step integration with customers and vendors with minimal infrastructure
requirements from customer or vendor side thus leading to higher adoption
rate
Reduction in manual activities, communication and co-ordination efforts thus
leading to reduction in overall cost of managing and doing activities in the
receivables related process areas
Usage of business partners across multiple functionalities provide more
flexibility as well as streamline the m data maintenance across the landscape
Information available almost in real time to better manage the working capital
and receivables thus reducing the cost associated with it
In subsequent posting on this topic we will understand in more detail each of
the application areas in SAP FSCM in more detail.
