You will learn about the key purposes and functions regarding cash management, using the SAP Cash Management application. In this training course, you will learn how to manage, maintain and monitor bank accounts that includes collecting the receivables and release of cash promptly. Many organizations are using a spreadsheet in an unorganized manner, where you may find the scope to incorporate SAP Cash Management Application for a better business process. You will find enhanced and optimized Cash Management and Treasury solutions that are used to perform the key processes and functionalities of Cash Management of a business. In the SAP Cash Management Application, you will find three core components, which are:
Using BAM, you will learn how to create and approve Bank statements using Bank Master Data. In the Cash Operation, you will be able to deal with the day-to-day management of cash inflow and outflow. You will also learn about how to manage and maintain funds, using the Liquidity Management tool. You will learn how to monitor the details about the cash position and uninterrupted fund transfer between banks. You will also be able to deal with the approval of payment and the requests for bank transfer.
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SAP training with SAP Training London is for you!
Our instructors are highly skilled with industry experience of many years, working in a best and renowned organization. Our Trainers follow an approach to engage students during instruction and thus the training methods are modified as per the trainees’ needs which may include direct 1-1 discussions, group discussions, Q&A rounds etc. Also, you get many more advantages along with a highly professional approach.
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