Payment Management
SAP Cash Management
SAP S/4HANA Payment management in Integration with SAP
Multi-Bank Connectivity
As organizations scale up, there is significant increase in payment volumes and
hence need to automate, streamline, optimize the end-to-end payment process
across the entire group.
Advanced payment management(APM) allows you to centralize all payment
activities of a corporate group.
Advanced payment management supports five payment scenarios:
Internal payments,
payments ‘in name of’
with forwarding only,
payments ‘in name of’ with routing optimization,
payments ‘on behalf of’ and
central incoming payments.
SAP S/4HANA Payment management in Integration
with SAP Multi-Bank Connectivity
It integrates with other areas within SAP S/4HANA such as
In- House Bank,
In-House Cash,
Cash Management,
Bank Communication Management,
Bank Account Management and
General Ledger.
SAP S/4HANA Payment management in Integration
with SAP Multi-Bank Connectivity
It integrates with other areas within SAP S/4HANA such as
In- House Bank,
In-House Cash,
Cash Management,
Bank Communication Management,
Bank Account Management and
General Ledger.
The system uses Bank Account Management to determine the bank
account to be used, triggers approval through Bank Communication
Management and once approved creates the external medium for
transmission to the bank using Multi Bank Connectivity.
SAP S/4HANA Finance for advanced payment management provides
centralized payment factory to manage payments from various systems –
SAP, non-SAP and manual payments.