SAP FSCM Training is about SAP Financial Supply Chain Management, between two or more business partners & which optimizes the fiscal & info flows within an organization. SAP FSCM Training offers by SSNIT Solutions with best quality for offering all its participants unique business insight & mastering skill in collection management managing credit management, Dispute Management, & Biller Direct with an implemented SAP domain. SAP FSCM Training entire course is designed with latest industry development and technological updates incorporated. SSNIT Solutions offers flexi timing and reasonable course fee for all its participants. There are provisions for forth personal training as well as corporate batches can also be accommodated.
SAP FSCM Training (Financial Supply Chain Management) in simple terms means managing demand & cash equivalents or supply of cash. SAP has come out with efficiently thus helping companies to manage the costs associated with this process better & SAP FSCM functionality or suite of applications to manage this more effectively. In how it can be leveraged better for the benefit of business & in these posting functionalities available in SAP FSCM & we will look at what are the features.
Key business areas where SAP FSCM functionalities can be leveraged are input for more efficient working capital management, cost management & receivables management of payments. Better integration – both within & outside the organization applications as well as integrated within SAP ERP Financials & SAP FSCM functionalities are enabled by SAP Netweaver technology to enhance the reach. SSNIT Solutions provide best SAP FSCM training in the following training modules of SAP FSCM
Prerequisites of SAP FSCM Training
Knowledge Required on SAP, mySAP Financials and other sales process
Modules of SAP FSCM:
Collections Management – SAP FSCM Training.
SAP Collections Management is the component in the FSCM (Financial Supply Chain Management) module. It is has been created for anyone who wants to understand FSCM Collections management & how it integrates with FI AR & other related modules.
Collection Management will help you configure & deliver this module for your customers.
SAP Collection Management Training helps in aggressive & proactive collection of Receivables.
It is definitely a dynamic module helping companies effectively collect Receivables.
SAP Disputes Management – SAP FSCM Training
SAP FSCM Dispute Management deals in dispute cases with accounts receivable issues
Dispute Management is co-ordinate with record receivable book keeping and biller direct
SAP FSCM Dispute administration makes particular record related instances of relievable and server to purpose those cases with different payment defaults by clients
SAP Dispute Management optimizes account receivables collection processes. Dispute Management provides centralized control on dispute cases
New Disputes: In SAP, new Dispute case could be made at the time of handling an approaching instalment or monetary transaction
SAP provides a common initial screen with transaction code – UDM_DISPUTE. This transaction provides information of dispute cases.
We can search dispute cases with person responsible, processor, case id, external references and many other options for searching the dispute cases
3. SAP Credit Management – SAP FSCM Training
An organizational unit for specifying and controlling credit limits
Used for Credit Management in the FI-AR
SAP Credit Management is a component of SAP Financial Supply Chain Management
SAP Credit Management provides functions for integrating external credit information, scoring, categorizing new customers on the basis of their credit data, and converting this information into quick credit decisions
Credit Management allows organizations to monitor & control their customer’s credit risk in one central system
It is particularly suitable for handling credit management processes in extremely distributed system landscapes
SAP Treasury and Risk Management – SAP FSCM Training
SAP Treasury and Risk Management (SAP TRM) are positioned within SAP FSCM (Financial Supply Chain Management).
Treasury and Risk Management Training provide corporate treasury tools that work for regulatory compliance, financial risk management, and liquidity monitoring and cash flow.
Financial transactions managed in the Transaction Manager can be evaluated & monitored using the analyzer components.
The SAP FSCM Treasury and Risk Management analyzer in addition to components Portfolio Analyzer, Market Risk Analyzer & Credit Risk Analyzer, the Transaction Manager is also linked to SAP Cash Management
In this TRM series of solutions that are geared towards optimizing business processes & analyzing in the finance area of a company.
FSCM- IN-House Cash Management – SAP FSCM Training
SAP FACM-In House Cash Management is a solution for companies that operates globally to manage their external payment transactions and intra-group more efficiently
It is used to process all payments between company units thus keeping cash resources within the group and optimizing how they are applied
The SAP FSCM In House Cash supports the optimization of cash flow within companies by enabling the centralization of payments with in a group of subsidiaries
In this scenario the parent company serves as an internal bank for the subsidiaries
All incoming & outgoing payments with external entities are processed through the in house cash center of the parent company
FSCM-Bank Communication Management – SAP FSCM Training
SAP FSCM-Bank Communication Managements used for managing multiple bank communication interfaces
Bank Communication Management can be used to efficiently manage inbound & outbound communications with banking partners
SAP Bank Communication Management application forms part of the SAP ERP Financials solution. Bank management allows for close integration of payment processing in ERP Financials with the Payment Medium Workbench.
FSCM Bank Communication Managements also responsible for the creation & approval of batches, the bank statement monitor & the payment status monitor.
These monitor also serves as a repository for incoming status messages from SWIFT and from individual banks. In the payments run can be grouped to one or several batches according to your needs.
Features for SAP FSCM Training:
The customer with credit limit (risk class &order limit)
Credit Rules Engine, which takes information and credit decisions & automates credit scoring & calculations of credit limits
SAP FSCM online course credit score, determined from internally & externally-collected information. Both manual & automated updating of credit scores is possible. A mass recalculation can be run to re-evaluate scores & each customer has a credit scoring procedure.
Note function, for credit controller to record additional information
To attach any external items like document storage, (credit reports, bank records).
The exceptions for most cases allow you to concentrate on automated credit decisions.
External rating agencies with communication via XML
My virtual job support team helps to solve the all the technical issues in the SAP FSCM project, best SAP FSCM job support by highly skilled consultants at your flexible timings.
SAP FSCM – DISPUTE MANAGEMENT
SAP FSCM – COLLECTIONS MANAGEMENT
SAP FSCM-CREDIT MANAGEMENT
CONCEPTS OF TREASURY AND RISK MANAGEMENT
CONCEPTS OF CASH AND LIQUIDITY MANAGEMENT
CONCEPTS OF CREDIT MANAGEMENT
Credit Master Data
Credit information and business partner rating
Source and credit limit calculation and credit limit check (Credit rules engine)
Credit information and credit decision
Collect receivables – SAP FSCM Training
Control collection of receivables
Creation of wordlists for managing receivables
Create Dispute cases with link to
Business Partners – SAP FSCM Training
Outstanding Building and accounting documents
Collection strategies defined in collection management
TREASURY AND RISK MANAGEMENT
Trading – SAP FSCM Training
Securities accounting management
MARKET RISK ANALYZER
Mark – To – Market Valuation and position analysis
Calculate risk and return figure
CREDIT RISK ANALYZER
Attributable amount Determination – Market – Based quantification of various exposures
Limit Management – Controlling Risk by setting up and monitoring limits
Updating limits and comparing attributes amounts with limits
Calculate and monitor the rate of return (yields) on your financial assets
Credit information and business partner rating – SAP FSCM Training
CASH AND LIQUIDITY MANAGEMENT
Monitor Cash flow comparing incoming cash to Outgoing Cash
Liquidity planner to gain a clear picture of financial resources