SAP Payment Processing Archives

What is SAP Payment Processing?

SAP Payment Processing is a critical component of SAP ERP that allows organizations to manage and process payments efficiently. For SAP customers, SAP Payment Processing provides a secure, centralized, and automated solution for businesses to process and manage payments. It enables businesses to process payments quickly and accurately while meeting compliance requirements. SAP Payment Processing is a scalable solution that can meet the needs of companies of all sizes.

What is SAP Payment Processing?

Key capabilities of SAP Payment Processing include:

Ability to create and manage payments quickly and easily
Automated payment processing, including invoice validation and authorization
Comprehensive reporting features that provide insights into payments activity
Integration with existing financial systems and processes

Key Considerations for SAPinsiders

Configure SAP Payment Processing properly to ensure compliant transactions processing. Although the SAP Payment Processing solution can provide significant value and benefits for businesses of all types, it should be configured to meet the business’s specific needs. Ensure all required approvals are in place before payments can be made and the solution is compliant with banking and financial regulations. This paves the way for adopting a shared services model to reduce costs.

Explore opportunities for payments automation to enhance supplier experience. This case study illustrates how an organization like Irvine Company partnered with Serrala to drive the successful automation of supplier payments.

Leverage industry-specific applications and solution extensions to enable robust SAP Payment Processing functionality. This case study, based on an interview with Jason Nyhus, Senior Vice President Global Sales and Alliances at Digital River, illustrates how global organizations with specific needs around e-commerce and cross-border transactions integrate SAP Payment Processing functionality with third-party solutions. For example, Digital River’s solution provides back-office order management automation for e-commerce companies to support payment processing.

- SAP Payment Processing
Introduction To Payment Card Processing In SAP

Reading time: 1 min

Learn how to best plan and implement payment card processing in your SAP system.
- SAP Payment Processing
Leverage the Benefits of Finance Shared Services with Central Payments Functionality

Reading time: 10 mins

In my blog titled “Accelerate Your Finance Shared Services Transformation and Centralized Reporting,” I provided a quick overview of the innovations included in SAP S/4HANA 1709. In this blog, I provide a detailed view of the Central Payments functionality introduced with SAP S/4HANA 1709. This functionality is a key enabler for a central execution of…
- SAP Payment Processing
- Premium
Uses of the Treasury Payment Program

Reading time: 25 mins

Learn about the different types of payments that can be made through SAP’s Treasury payment program. Key Concept Treasury departments execute various types of payments, such as bank account transfers, trade-related payments, and one-off payments. These types of payments can be made by a treasury department using SAP’s Treasury payment program (formally named the Payment…...…
- SAP Payment Processing
Mexico Moves Beyond eInvoicing and Is Now Tracking Payments

Reading time: 2 mins

Mexico continues to push through the most comprehensive electronic invoicing initiatives in the world. The newest addition transitions its invoice tracking for tax payments from registration to collections. In other words, Mexico is now tracking the money. Other countries have adopted similar “recipient acknowledgement” processes, including Brazil with the Manifestação do Destinatário and Chile with…
- SAP Payment Processing
- Premium
Tips on How to Enhance the Batch and Payment Monitor in SAP Bank Communication Management

Reading time: 14 mins

Learn how to add custom functionality to the Batch and Payment Monitor (transaction code BNK_MONI) report by using the Enhancement Framework, also known as enhancement points. Key Concept The Enhancement Framework, introduced in SAP NetWeaver 2004, greatly increased the flexibility of making enhancements to SAP-delivered programs by allowing custom functionality to be added to standard…...…