Receivables Management and Payment Handling (aka Contract Accounts Receivable and Payable) receives and manages large posting volumes, for example, created by billing processes, and uploads these postings to the general ledger.
The software has been tailored towards the requirements of corporates across all industries and lines of business with high volumes of end customers, subscriptions, and pay-per-use transactions. The processes provided with Receivables Management and Payment Handling are highly flexible to allow for a maximum of automation, as well as ensuring outstanding system performance and scalability.
The collection process fully automates routine tasks such as the calculation of interest payments.
Receivables Management and Payment Handling (aka Contract Accounts Receivable and Payable) receives and manages large posting volumes, for example, created by billing processes, and uploads these postings to the general ledger.
The software has been tailored towards the requirements of corporates across all industries and lines of business with high volumes of end customers, subscriptions, and pay-per-use transactions. The processes provided with Receivables Management and Payment Handling are highly flexible to allow for a maximum of automation, as well as ensuring outstanding system performance and scalability.
The collection process fully automates routine tasks such as the calculation of interest payments.
Features
The functions that you can use with the business function Contract Accounts Receivable and Payable (FICAX) are listed below.
For master data maintenance, you can use the functions of the following components:
The business function Contract Accounts Receivable and Payable is integrated with General Ledger Accounting (FI-GL), Controlling, Cash Management, SAP Credit Management, SAP Biller Direct, SAP Dispute Management and Funds Management.
The business function Contract Accounts Receivable and Payable is integrated with General Ledger Accounting (FI-GL), Controlling, Cash Management, SAP Credit Management, SAP Biller Direct, SAP Dispute Management and Funds Management.
