Learn to take advantage of SAP Leonardo machine learning to automate your cash application using SAP Cash Application. Explore how to leverage SAP S/4HANA and send incoming payment and open invoice information to a matching engine built using the SAP Cloud Platform. Open invoices are matched against incoming payments and either automatically cleared or a proposed clearing is made and ready for review. The more SAP Cash Application is used, the more clearing is automated.
Compliance is critical to treasury, and having a compliance-oriented mindset in the leadership of the treasury organization is especially important. Treasury departments handle a very substantial portion of the balance sheet. They’re managing the liquidity of the company, dealing with business units in many countries around the world.
Whether you’re a CFO or a financial controller, you know how much time and effort you and your team spend deep in concentration to get your monthly accounting figures to balance. Your accounts payable and accounts receivable work doesn’t get much attention unless things go wrong, but all the time you need to stay on top of your tasks to keep things running smoothly.