Helps you to centralize control over the payment cycle, and improve through
processing of the payment life cycle and increasing transparency.
With Advanced Payments Management, it is possible to centralize all payment activities of your group. The solution smoothly integrates with In-House Cash, Cash Management, Bank Communication Management, Bank Account Management, and General Ledger.
Overview of the process for advanced payment management
SAP In-House cash supports you to reduce bank accounts, control high bank charges, and centrally manage Intercompany payments. The application is a virtual bank, at a central level which helps to manage internal payments and streamline controls on payments.
Overview of the process for IHC
Reduce the number of external bank accounts
Process Intra group payments
IHC helps in achieving efficiency in your banking and payment processes by
Reducing your bank footprint by optimizing the accounts
Make possible Intragroup netting and payments.
Bring down your group bank charges and connectivity costs by leveraging a virtual bank /cash center.
Smoothen working capital management by cash pooling/concentration.
Looking to optimize your payments and bank communications? Contact us to discover how our support and expertise can enhance your organization's operational efficiency and competitiveness.