Cash Application Integration

SAP Cash Application uses the past data in your system to propose invoice matching prediction results. It helps lower the manual effort in the time-consuming clearing process of open items. 

SAP Cash Application also learns from the past patterns of the manual actions taken during the reprocessing of the bank statement items to create templates for reprocessing rule. Instead of only being able to create reprocessing rules manually, you can use the templates to create reprocessing rules more easily. 

Moreover, with the scope item activated, the reprocessing of bank statement items is triggered automatically following the initial posting. Thus, the system applies the corresponding reprocessing rules to the pending items to complete the postings.

With this scope item, the remittance advices can also be created automatically by the system based on the advice file sent from your customers/payees. 

To use this solution's functions, you must purchase the extra license on the SCP platform.

Key Process Steps Covered

  • Extract unstructured remittance advice data and make it available to be used for standard clearing process
  • Extract and replicate historical data to Machine Learning Platform as machine training data
  • Extract and replicate open receivable items to Machine Learning Platform for scoring
  • Perform payables line-item matching – Self-initiated
  • Get automated training process
  • Reprocess bank statement by matching the open receivable items to the proposed bank statement

Benefits

  • Save effort in this labor-intensive process
  • Consume the fully integrated business process easily with the SAP Cash Application solution