Actionable insights into cash flow dynamics with Phocas’ 3-way forecasting

14 results

  1. Payment Formats Unwieldy? Visualize Them with the Payment Medium Workbench

    Learn how to model payment file structures with the graphical editor of the Data Medium Exchange Engine (DMEE). Understand the various node types that are available to create your own payment format trees and their differences. Comprehend the technical architecture, the graphical user interface, and the relevant configuration of the DMEE. Find out how the...…

  2. How to Create XML Payments in an SAP System

    Learn about the International Organization for Standardization (ISO) XML payment messages and how to create them using an SAP system. Learn the configuration steps required to create ISO XML payment messages. Key Concept International Organization for Standardization (ISO) 20022 is a single standardization approach to be used by all financial standards initiatives and is a standard for electronic...…

  3. Key Steps to Make Enhancements to a Payment Medium Workbench File

    Learn how to add key data to the SWIFT (Society for the Worldwide Interbank Telecommunication) MT101 payment file that is not delivered in SAP standard systems using event-based function modules. Discover how dynamic function calls enable you to create country- or bank-specific logic that allows you one MT101 payment file format with an unlimited number...…

  4. Maintain Payment Formats with the Payment Medium Workbench

    Replace your classic RFFO* payment medium programs with the little-known functionalities of the Payment Medium Workbench (PMW) within the SAP Financials module. Understand the relevant configuration, functionality, and different processes of the PMW. Key Concept The Payment Medium Workbench (PMW) and the Data Medium Exchange Engine (DMEE) are software components that allow you to create...…

  5. Ready Your SAP System for the New Payment Methods within the Single Euro Payments Area: The Structure of the SEPA Credit Transfer Payment Format

    It is highly likely that by 2014 the Single Euro Payments Area (SEPA) will become mandatory for all companies operating in Europe that are sending and receiving Euro payments in the SEPA zone. One of the most significant impacts will be the decommissioning of domestic payment formats. Become familiar with the new payment methods being...…

  6. How to Modify the File Format for SEPA Direct Debit Invoices

    Learn how to change reference fields in SEPA Direct Debit to make payment collections more efficient and cost-effective. Key Concept The SEPA format is the standard way of transferring electronic bank payments in euros within the countries of the EU and four additional countries. The file format is standardized for all countries. The SEPA Direct...…

  7. Change Is Coming to Financial Planning and Analysis:

      Financial professionals are extremely focused on FP&A (financial planning & analysis). As SAPinsider prepares our 2020 studies, “The State of the Market for SAP Financial Planning and Analysis” and “The State of the Market for SAP Finance – a Benchmark Study,” we had a chance to converse with Bryan Lapidus, FPA&A Director, FP&A Practices…

  8. 5 Steps to Automate Email Communication of Payment Advices

    Use business transaction events in conjunction with SAPconnect to manage automated email communication initiated by various processes. See configuration steps and development during the automatic payment run (transaction code F110). Key Concept Business transaction events (BTE), also known as open FI interfaces, are more generic than enhancement project-based user exits and are of similar use...…

  9. SAP Analytics Cloud – Enhancements to Improve User Experience

    SAP Analytics Cloud has been available for a few years now, with many customers using the product or thinking about implementing it. Perhaps you’re using SAP Analytics Cloud for analytical scenarios or planning scenarios, and are aware of the enhancements being delivered each quarter. In this article, we’ll focus on a set of critical enhancements…

  10. How Organizations Can Achieve Enterprise Sustainability

    Sustainability is more than just a buzzword. It is a key element of the ESG (environment, social, and governance) puzzle. Organizations can no longer merely pay it lip service. Today, sustainability efforts must satisfy employees and shareholders, and provide a global positive impact. Sustainability discussions today often begin and end around the measure of a…