SAP Credit Management

AUGUST 28, 2023

Interest Calculation Tax authorities may have to calculate and post credit/debit interests on payables/receivables. The Penalty and Interest Simulation Report (transaction code FPI7) is pretty useful: this report simulates the interest and penalty per document on a business partner.

Credit and Collections 138

Credit and Collections Transactions 138

Emagia

JULY 12, 2023

Point of Sale (POS) transactions have revolutionized the way businesses conducts their sales and interact with customers. In a rapidly evolving digital landscape, POS transaction serves as the pivotal link between the buyer and the seller, facilitating seamless and secure payment processes. What is POS (Point of Sale) Transaction?

Transactions 52

Transactions Credit and Collections 52

SAP Credit Management

SEPTEMBER 11, 2023

Recently, we had the privilege of hosting an exciting and collaborative event, “Hack2build: Develop SAP Ariba / Business network/ Fieldglass / Concur use case in Intelligent Spend Management Business Networks (ISBN) LoB with SAP Build” which brought together eight SAP partner teams from diverse backgrounds and industry solutions.

Transactions 200

Transactions 200

TreviPay

SEPTEMBER 18, 2024

Trade credit insurance has become a vital tool for businesses looking to protect themselves from the risk of non-payment by customers. Trade credit insurance, also known as accounts receivable insurance, safeguards businesses from significant losses. This guide to trade credit insurance will help you navigate the complexities of it.

Bad Debt 52

Bad Debt Default Credit and Collections Collector 52

SAP Credit Management

JANUARY 25, 2023

They contain the journal entries for all business transactions that are posted to them. Leverage Group Reporting’s existing abilities to manage and orchestrate global data collection processes for currencies, quantities, and texts for ESG scenario.

Revenue Recognition 166

Revenue Recognition Credit and Collections Transactions 166

Emagia

NOVEMBER 21, 2023

Most recently that meant talking with a group of leaders in the B2B credit industry as part of NACM South Central’s annual “Day at the Races” event in Louisville, KY. As part of travels to such events, Emagia has fielded more questions than ever this year as Generative AI has pushed to the forefront of business trends and curiosity.

Days Sales Outstanding 52

Days Sales Outstanding DSO Credit and Collections B2B Credit 52

TreviPay

OCTOBER 2, 2024

October 2, 2024 — TreviPay , the most-trusted B2B payments and invoicing network, today announced a new strategic partnership with Allianz Trade the global leader in trade credit insurance. By utilizing the benefits that trade credit insurance provides, the partnership will enable companies to secure transactions and grow with confidence.

Bad Debt 64

Bad Debt Credit and Collections DSO Transactions 64

TreviPay

MARCH 20, 2023

Credit management is integral to accounts receivable management. Good credit management supports consistent cash flow, smooth payment collections, customer satisfaction, and much else. Getting B2B credit management right can make a huge difference to a company’s success and growth… What is credit management?

B2B Credit 52

B2B Credit Credit Management Credit and Collections Days Sales Outstanding 52

SAP Credit Management

JULY 31, 2023

The data foundation is provided by external data services, where the bus location, timetables, road disruption are collected. John would start the process with data ingestion and orchestration, where all the external data in collected with SAP Data Intelligence and it is ending in Data Lake. The solution would have two kinds of output.

Dashboards 137

Dashboards Transactions 137

Gaviti

JUNE 10, 2024

If your business is scaling and expanding into new geographic regions, it may present challenges in collecting receivables. That means you’ll need to ensure that customers can pay in the most convenient way for them while minimizing declines transactions and latency. Deliver intelligent transaction routing.

Payment Portals 52

Payment Portals Electronic Funds Transfer Credit and Collections Cash Applicator 52

SAP Credit Management

SEPTEMBER 13, 2023

But a new digital transformation [1] replace legacy connectivity technologies of electronic data interchange (EDI) with the Internet of Supply Chains (IoSC) [2] Internet of Supply Chains (IoSC) links systems, processes, and people into a collective information network for intelligent business execution.

Transactions 169

Transactions 169

CreditStrong for Business

JULY 29, 2024

If your credit scores aren’t in good shape, it can be challenging to get access to financing for your small business. Fortunately, there are commercial lenders that offer small business loans with no credit check, and in some cases, it can be what you need to keep your business afloat.

Small Businesses 52

Small Businesses Credit Scoring Credit and Collections Invoice Amount 52

SAP Credit Management

JULY 26, 2023

SAP Business Network Global Track and Trace Event table now available Solution owners can now display an event table in the ‘Events’ tab on the detail pages of all fulfillment tracking applications. You can also report events and personalize table settings. The app shall be visible in your SAP Fiori launchpad.

Transactions 136

Transactions 136

Your Virtual Credit Manager

SEPTEMBER 19, 2023

Now that you understand that your customer has become a liability, it’s time to review their credit worthiness again so you can make informed choices. Order a new credit report, request updated financial statements, and re-check the references provided when they first applied for credit.

Credit and Collections 130

Credit and Collections Default Bad Debt Credit Risk 130

Lendio

DECEMBER 14, 2022

Even as a small business owner with no revenue and no credit (or bad personal credit), you might be able to find a startup business loan. Getting A Business Loan With No Credit. When you apply for a business loan, many commercial lenders will review your credit history to get a sense of how you’ve handled debt in the past.

Credit Scoring 98

Credit Scoring Credit and Collections Credit Reporting Agencies Small Businesses 98

Due

JANUARY 3, 2023

You might get asked similar questions by lenders when you apply for loans and credit cards. To find out, they might check your credit report. What are credit reports, why are they important and what is in them? What is a Credit Report and Why is it Important? Credit Reports vs. Credit Scores.

Credit Scoring 119

Credit Scoring Credit and Collections Bankruptcy Credit Reporting Agencies 119

SAP Credit Management

JANUARY 31, 2023

Batch classification can be maintained in batch master transactions, and in several applications (goods movements, orders, process messages). Batch status can be changed in batch master transaction and via usage decision. Batch Derivation is triggered by certain events. One batch class per material (note 115581 ).

Default 176

Default Transactions 176

Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 1 Engaging the bank or credit union loan workout team or an outside expert can help restore CRE loans in distress or mitigate their impact.

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

SAP Credit Management

SEPTEMBER 12, 2023

It is clear from our learnings and everyday events that our customers are starting major change initiatives to address new client expectations, market openings, varying industry trends, and innovations in technology. The current entitlements offered under the RISE and GROW programmes can be effectively supplemented by leveraging CPEA credits.

Process Mining 186

Process Mining Credit and Collections Transactions 186

Abrigo

SEPTEMBER 23, 2024

Takeaway 2 The sensitive nature of the information they collect means it's vital for banks and credit unions to have cybersecurity measures in place to protect their assets and reputations. Banks and credit unions handle sensitive financial data and transactions that affect millions of customers and businesses.

Cybersecurity 78

Cybersecurity Credit Unions Credit and Collections Default 78

SAP Credit Management

JULY 16, 2023

Hello S4 HANA Experts, Since all of us have started working with S/4 HANA systems usage of Fiori launch pad and Fiori apps has increased in place of SAP GUI transactions. Run the following Transaction /UI2/APPDESC_GET_ALL or Report /UI2/APPDESC_GET_ALL All back-end and reproducible catalogues for all system aliases are replicated.

Transactions 149

Transactions 149

SAP Credit Management

JANUARY 30, 2023

in the most secure manner, across hybrid cloud solutions and on-premise deployments as well as virtual private cloud environments Kindly see our documentation: What Is SAP Event Mesh? SAP Help Portal and What is SAP Integration Suite, Advanced Event Mesh? | SAP Help Portal and What is SAP Integration Suite, Advanced Event Mesh?

Default 140

Default Transactions 140

SAP Credit Management

FEBRUARY 6, 2023

Leverage Group Reporting’s existing abilities to manage and orchestrate global data collection processes for currencies, quantities, and texts for ESG scenario.

Transactions 142

Transactions 142

Emagia

OCTOBER 17, 2022

Enterprises digitally transform their credit risk management processes to manage and navigate volatile market conditions, new regulatory pressures, increasing customer expectations, and other credit risks related to customers and vendors. Robotic Process Automation (RPA). Artificial intelligence (AI). Machine Learning (ML).

Credit Risk 52

Credit Risk Credit Scoring Bankruptcy Credit and Collections 52

SAP Credit Management

JANUARY 17, 2023

Supplier Onboarding: This process represents how a customer can get started with the supplier and be as simple as collecting name, address and a little information in order to get approval for a sourcing event.

Transactions 111

Transactions 111

Fundera

AUGUST 29, 2022

No matter the size of your business, applying for a business credit card can offer a variety of benefits. You can use a business credit card to cover everyday expenses, build your credit history, and, in most cases, earn rewards for your spending. Compare business credit cards and choose the right option for you.

Credit Scoring 52

Credit Scoring Credit and Collections Transactions Bankruptcy 52

Your Virtual Credit Manager

MAY 2, 2023

Growth is down, interest rates continue rising, small businesses are facing a credit crunch, commercial bankruptcies are skyrocketing and experts see an emerging threat: Washington Post: U.S. A critical part of this exercise involves identifying active and new customers posing high, or even just marginal, credit risks.

Bankruptcy 100

Bankruptcy Credit and Collections Accounts Receivable (AR) Default 100

SAP Credit Management

AUGUST 3, 2023

For example, it holds the revenue recognition key for event-based revenue recognition, or the profit center. For the pre-billing, Subscription Billing collects all relevant information, such as usages, up to the billing due date. If event-based revenue recognition is used, the billed revenue from the invoice is deferred.

Revenue Recognition 157

Revenue Recognition Invoice Amount Transactions 157

SAP Credit Management

SEPTEMBER 13, 2023

After all it does not take that long to collect all the socks and other goodies from the exhibition hall. Those sort of slides are not really intended for showing at public events as there is so much text it takes ten minutes to read them, and they are only up for 30 seconds. Sadly, I can. I suppose that is like ICE cars.

Transactions 198

Transactions Order to Cash 198

Gaviti

APRIL 24, 2024

Dunning workflows are a series of automated emails and actions that A/R teams use to collect invoices from customers. The Dunning Notice: The Foundation of any Dunning Workflow A dunning notice , or dunning letter, is a document sent to customers at various stages in the dunning process to collect unpaid invoices.

DSO 52

DSO Credit and Collections Bad Debt Days Sales Outstanding 52

TreviPay

JANUARY 11, 2023

DSO is the average number of days a company takes to collect a customer’s payment for a sale. Part of the cash conversion cycle, DSO is also sometimes referred to as “days receivables” or “cash collection period.”. Number of Accounts Receivables / Number of Net Credit Sales x Number of Days = DSO. 4 Ways to improve DSO.

Days Sales Outstanding 98

Days Sales Outstanding DSO Credit and Collections Alternative Payment Methods 98

MNS Credit Management Group

MAY 3, 2023

After demonetization, the government closed all the channels for the creation and transfer of black money, resulting in stringent requirements for the accounting evidence supporting each transaction. In this article, we will explore the causes of these issues, their consequences in the b2b debt collection industry, and potential solutions.

Bankruptcy 52

Bankruptcy Debt Collections Collector Credit and Collections 52

Abrigo

JULY 27, 2023

How banks and credit unions can leverage regtech What FI staff members need to know when considering implementing regtech in the banking sector. Takeaway 3 Banks and credit unions considering regtech should make sure their provider is adaptable and their institution is ready for implementation. What is regtech?

Credit Unions 78

Credit Unions Credit and Collections Transactions 78

Abrigo

JULY 27, 2023

How banks and credit unions can leverage regtech What FI staff members need to know when considering implementing regtech for banks. Takeaway 3 Banks and credit unions considering regtech should make sure their provider is adaptable and their institution is ready for implementation. What is regtech?

Credit Unions 78

Credit Unions Credit and Collections Transactions 78

SAP Credit Management

FEBRUARY 8, 2023

The Our Ambitions App lets users visualize ambitions and KPIs related to sustainability targets, set long-term ambitions and analyze current and forecasted events. Demo: SAP Product Footprint Management – Calculate Freight Transport Footprint Manage Data app: Configure master and transactional activity data for your transport footprints.

Dashboards 149

Dashboards Transactions 149

SAP Credit Management

AUGUST 6, 2023

You can go to the business workplace by clicking the button marked or with the “SBWP” transaction code. First of all, there are a few small steps to complete in the “SWU3” transaction code. First of all, there are a few small steps to complete in the “SWU3” transaction code. Then come back and click on the “Start Event” tab.

Transactions 155

Transactions 155

Abrigo

APRIL 2, 2024

You might also like this SMB Lending Insights report for banks and credit unions Download report Takeaway 1 Banks need to implement good business strategies to attract new customers and build on existing relationships. While banks collect various metrics, two critical items to track are business development (BD) activities and referrals.

Credit Risk 68

Credit Risk Credit and Collections Credit Unions Small Businesses 68