We specialized in financial accounting modules.FI (GL, AP, AR, AA, TR, TRM and FCM)
Besides, we have advanced knowledge of the following services:
Bank Statement Processing
Integrate cash position and bank reconciliation into the same process.
Algorithm for Automatic collection.
Search string configuration.
Automatic payments
SEPA Payments, SEPA Direct Debit, International payments, transfer between house banks.
Treasury and Risk Management process
Money Market transactions are short to long-term investment or borrowing of liquid funds with both external and internal business partners.
Cash Management Reporting
Cash Management is the SAP functionality that will facilitate the daily Treasury operations providing reporting of Cash position and liquidity forecast. Integrated with G/L accounting documents, Bank statements and Treasury.
Foreign Exchange Purchase
End-to-end Business Process involving Foreign Currency Exchange in SAP Treasury and Risk Management (TRM) module.
Petty Cash
Travel expenses, vendor payments in cash, some payments to employees in cash will be some of the business transactions available to be managed in petty cash.
FX Rate Daily Update
Automatically Exchange rate update in SAP from ECB by a daily job.
Intercompany Reconciliation
Is a tool to be used for reconciliation processes Intercompany. The purpose of ICR is to ensure that intercompany documents from accounting transactions within the corporate group correspond one to another.
OCR (Optical Character Recognition)
Application used to scan and verify incoming invoices from vendors. The system allows detecting the relevant data of an invoice and using it to verify against the purchase order information and subsequently post the invoice.
Month-End Valuation
Foreign Currency Valuation for the operations registered in Foreign Currency. (Bank, Loans, Credits in Foreign currency)
Dunning Procedure
Dunning procedure allows to print claim letters and send them to customers who have not paid their invoices before due date.
SWIFT Net
Communication network and protocol between Banks.
BCM (Bank Communication Management)
SAP application used to manage communication between company applications and Banks via SWIFT net.
Dunning Procedure
Dunning procedure allows to print claim letters and send them to customers who have not paid their invoices before due date.
SWIFT Net
Communication network and protocol between Banks.