SAP ERP > Shared Service Delivery > Financial Shared Services

Financial Shared Services

Main Process

 

 

 


 

 

Business Processes

Accounting Interaction CenterSAP Component or Feature Available
provides optimized communication between the business units and the Shared Services Centre that handles the F&A processes. Accounting Interaction Center is the F&A derivate of the generic Interaction Center solution configured along the specific requirements of service organizations.
 
General LedgerSAP Component or Feature Available
provides an overall view of external accounting as required by various accounting principles

This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Accounts PayableSAP Component or Feature Available

    provides an overview of all accounts of money the company owes and for which payment is not initiated yet.

    Supports Invoice Verification by exchanging and processing invoices electronically. Tight integration with Purchasing and automatic posting of financial documents based on defined rules

    Supports rule-based processing (e.g. periodic valuation processes and automatic postings)

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Invoice ManagementPartner Product Available with Future Releases
    Extracts information from paper and EDI-invoices, provides automated handling of invoices (as far as possible), supports the accountant in the re-conciliation process

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Supplier Enabling (biller direct pay-side)SAP Component or Feature Available
    provides the electronic reception of invoices from suppliers and sharing of status and account information, enables direct electronic payment

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP: Financial Supply Chain Management - Biller Direct, Dispute, Credit and Collections Mgmt.

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    Accounts ReceivableSAP Component or Feature Available
    provides view of all amounts owed to your company, supports invoicing and dunning. Tight integration with Purchasing. Automatic posting of financial documents based on defined rules. Scheduled procedures, e.g. closing activities

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Credit ManagementSAP Component or Feature Available
    controls and manages your company’s credit risk. Supports credit approval by connecting to external rating agencies and by leveraging data gained during collections process.

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP: Financial Supply Chain Management - Biller Direct, Dispute, Credit and Collections Mgmt.

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    Collections ManagementSAP Component or Feature Available
    is a part of SAP Financial Supply Chain Management (FSCM), makes receivables management in your company more efficient and acts proactively to process an ever-increasing receivables balance in as short a time period as possible

    (selection of customers, prioritization of customers, preparation of customer contact, processing of receivable)

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP: Financial Supply Chain Management - Biller Direct, Dispute, Credit and Collections Mgmt.

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    Dispute ManagementSAP Component or Feature Available
    is a part of SAP Financial Supply Chain Management (FSCM), enables processing and tracking of receivables related disputes, enables consistent handling of dispute related client contacts by different service agents

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP: Financial Supply Chain Management - Biller Direct, Dispute, Credit and Collections Mgmt.

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    Cutomer Enabling (Biller Direct sell-side)SAP Component or Feature Available
    Provides electronic bill presentment to customers and and sharing of status and account information. Provides integration with Dispute Management for creation of disputes and status update / review of dispute-related information.

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP: Financial Supply Chain Management - Biller Direct, Dispute, Credit and Collections Mgmt.

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    Inter-company ReconciliationSAP Component or Feature Available
    enables reconciliation of intercompany balances in real time via the web and allows corporations to close faster.

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Inter-company ProcessingFuture Focus
    Supports business transactions between company units to maintain consistency of books at all times and to allow faster closing.
     
    In-house CashSAP Component or Feature Available
    is a part of SAP Financial Supply Chain Management (FSCM),

    realizes arbitration of internal and external cash flows. Optimizes cash resources within the company, helps minimize transactions with external banks

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP: Financial Supply Chain Management - Biller Direct, Dispute, Credit and Collections Mgmt.

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    Inventory AccountingSAP Component or Feature Available
    Enables valuation and accounting for changes in valuation of inventory assets.

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Fixed Asset AccountingSAP Component or Feature Available
    The general ledger functionality in SAP ERP Financials lets you increase the efficiency of fixed asset management and proactively manage your asset life cycles from acquisition to retirement.

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Tax AccountingSAP Component or Feature Available
    Supports the calculation and reporting of taxes on sales and purchases and of withholding tax

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    TreasurySAP Component or Feature Available
    Improve corporate governance of the treasury function

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP
  • SAP ERP: Treasury - SAP Treasury and Risk Management

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    Local CloseSAP Component or Feature Available
    performs year-end closing for a company in accordance with the locally applicable accounting principles and/or with the accounting principles applied by the corporate group

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    Financial StatementsSAP Component or Feature Available
    creates formal records of business‘ financial activities
     
    Tax ManagementSAP Product Available with Future Releases
    supports companies to calculate, book and manage the amount of withholding tax

    This process is supported by the following SAP and/or partner offerings

  • SAP ERP

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    SSC dashboard analyticsSAP Product Available with Future Releases
    provides information about the workload of the service center and its ability to cope with the workload. Supports personalization of alerts based on KPI thresholds.
     
    SAP Product Available Partner Product Available SAP Product Available with Future Releases Partner Product Available with Future Releases Future Focus
    Please note that the Solution Map, containing proprietary information of SAP AG, reflects SAP's current development intentions, which are subject to change. Future focus coverage may be provided by SAP or SAP partners. Check for local availability of all SAP and SAP partner solutions. ©SAP AG 2007