The SAP Cash Application enables an intelligent incoming payment processing powered by machine learning.
The SAP Cash Application learns matching criteria from payments history and automatically creates matching proposals for incoming payments. It takes advantage of machine learning to enable an effortless setup and to increase automatic matching rates.
The SAP Cash Application provides the following key points for your business:
- SAP Cash Application is a cloud service that is tightly integrated with the SAP S/4HANA Cloud for Contract Accounting and Invoicing.
- SAP Cash Application contributes essentially to the Total Cost of Ownership reduction because it provides higher automation rates than the classical approaches without any configuration effort. It boosts efficiency of the traditionally very labor-intensive clearing process, being executed with nearly no user interaction.
- This higher automatization level allows you to focus more and more on strategic tasks for your business.
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