Open the Doors to SAP S/4HANA Finance for Advanced Payment Management

It’s time to centralize all payment activities and boost the efficiency of operations

Open the Doors to SAP S/4HANA Finance for Advanced Payment Management

It’s time to centralize all payment activities and boost the efficiency of operations

A move from separate payment operations to a payment factory

Have you ever experienced unexpected payment delays or spent too much time trying to bring data to a common standard? As any business can’t go without performing payment operations, diverse payment channels and shifting standards often become a matter of payment processing challenges.

SAP S/4HANA Finance for advanced payment management is designed to ensure quick and successful payments.

Payment management process becomes really advanced with the solution from SAP — you will appreciate the security and visibility of all payment operations. SAP S/4HANA Finance for advanced payment management turns them into a centralized payment factory.

The solution covers several payment scenarios, including payments ‘in name of’ (with forwarding only and with routing optimization), payments ‘on behalf of’, and internal payments. As for integration opportunities, it can be integrated with both SAP (Cash Management, General Ledger, Multi-Bank Connectivity, In-House Cash, etc.) and third-party applications.

Managing all payment activities is now easier

All payment activities of a corporate group are centralized and controlled. The SAP solution ensures advanced payment processes through the set of functions available:

  • Handling different formats

Converters make it possible to work with various data formats (CSV, IDoc, XML, and others).

  • Validations and enrichments

Payments are checked for errors. All necessary additions or amendments can be made either manually or automatically.

  • Clearing processing

Advanced payment management supports different clearing scenarios.

  • Payment order management

The solution gives visibility to the whole payment process and payment information. You can see payment details, recall payment orders, manage priorities across the transactions, and so on.

  • Monitoring workflows

You control the entire payment processing workflow and run comprehensive reports.

SAP S/4HANA Finance for Advanced Payment Management to make secure and cost-effective payments

How to manage transactions quickly and efficiently regardless of diverse data formats involved? 

LeverX will answer this question and show you the power of SAP S/4HANA Finance for Advanced Payment Management and all advanced payment factory capabilities.

Your company will lower operational risks and expenses on payment processing and gain better speed and accuracy of transactions, precise tracking of payment events, and full cash flow visibility. We are at your disposal to clarify any SAP solution-related details.