Cash Application Integration (1MV)

The 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. 

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

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

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

Additional Information

• This scope item is excluded from the default activation

The license for SAP Cash Application is required. This scope item provides integration and must be activated before customers can make additional integration settings. If you request this scope item, see the set-up instructions in the SAP Best Practices Explorer.

Where is Cash Application Integration(1MV) being used?

This Scope item is used in the following way:

• As a support function of Financial Operations within Finance Scope Item Group

Process flow of Cash Application Integration (1MV)

• Best Practices of SAP S/4HANA On Premise *1
• Best Practices of SAP S/4HANA Cloud *2
• Best Practices of SAP Analytics Cloud *2
• Best Practices of Robotics Process Automation(RPA) with SAP Leonardo *2

• RISE with SAP
• SAP S/4HANA Cloud
• SAP on Azure
• Business Process Management