Cash management

SAP Financial Supply Chain Management (SAP FSCM) is the set of applications which may operate every process within the "cash-to-cash" cycle. The implementation of the solution which manages financial resources and settlements provides the company with the tools which supports the entire working-capital management cycle.

The tools which increase working-capital, reduce enterprise costs and are most frequently chosen by our clients are the following:

• SAP Cash and Liquidity Management enables to monitor cash flows ensuring the insight into company’s future. The tool allows to plan future cash flows properly so that funds are always optimally lodged.
• SAP Treasury and Risk Management is an integrated solution which is used for managing financial instruments of an enterprise. The key elements of this solution are: Market Risk Analyzer, Credit Risk Analyzer, Transaction Manager, Hedge Management and Portfolio Analyzer. These tools mechanize and support the enterprise in respect of financial instruments and portfolio management, in connection with complete optimalization and financial risk management.
• SAP In-House Cash is used to centrally process the internal and external payments and to reduce transaction costs.
• SAP Dispute Management contains functions for processing receivables-related dispute cases. The tool allows to control each dispute case till the end of the process.

Advantages connected with the implementation of SAP FSCM tools

BPX has a practical implementation knowledge concerning FSCM tools acquired during many projects in Poland and abroad. Effective implementations allowed our clients to get the following benefits:

• complex financial transactions management for wide range of instruments,
• optimalization of enterprise funds investment process, in both front and back office,
• easier current future cash flows planning and the control over expenses and revenues,
• exposures analysis and the possibility to react immediately in critical situations,
• investment decisions support to avoid losses.

The integration with Home Banking systems (SAP TR)

BPX is experienced in system integration with SAP Home Banking systems. We apply checked solutions and we base our work on accepted standards. The scope of each integration project differs depending on client’s needs. The most frequently used options for outgoing payments (in PLN and in other currencies) are the following:

• automatic transfers for liabilities
• automatic payments for the offices
• automatic payments for the Social Insurance Institution

For incoming payments:

• automatic direct debit
• import of electronic bank statements and posting all operations on appropriate general ledger accounts and on suppliers’ and recipients’ accounts