RDM | Financials | Treasury Treasury applications from SAP support organizations to oversee cash and payment processes, ensure liquidity, handle financial transactions from deal capturing to accounting and evaluate interest, foreign exchange, price and commodity risks. Today, Treasury applications from SAP contain the following components:
- Treasury and Risk Management — SAP Treasury and Risk Management offers straight-through processing of the principal tasks in a finance department to ensure optimum liquidity management as well as portfolio and risk management – in strict accordance with legal regulations.
- Cash and Liquidity Management — The SAP Cash and Liquidity Management application provides a complete overview of your cash resources at all times, while also closely monitoring your financial reserves.
- In-House Cash — The SAP In-House Cash application controls internal and external payments by means of its in-house cash center. It also reduces external transactions, while it minimizes your external bank account and foreign payment workload.
- Bank Communication Management — With the SAP Bank Communication Management application, you can seamlessly connect to your bank, track the entire payment life cycle and significantly improve straight-through processing rates and internal compliance.
|Treasury and Risk Management||SAP Treasury and Risk Management is full-featured, integrated series of solutions that are geared towards analyzing and optimizing business processes in the finance area of a company. It offers the customers straight through processing of the principal tasks in a finance department to ensure optimum liquidity management as well as portfolio and risk management – in strict accordance with legal regulations.|
|Cash and Liquidity Management||SAP Cash Management is an outmost helpful instrument to support the cash manager ideally in managing liquidity and currency risk in the most efficient way. Redundant data entry is entirely eliminated. All corporate sectors operate on a unique and consistent data basis which is used for different purposes – for example by the A/R accounts manager for controlling incoming payments, by the A/P accounts manager for controlling cashed checks or the cash manager for controlling bank transfers. At the same time, the cash manager is free to choose his focus on the accurate and up-to-date cash reports – across countries, currencies, subsidiaries or even across the whole group.|
|In-House Cash||The SAP In-House Cash application allows diversified companies to optimize their intra-group payment transactions by opening an in-house bank. An In-House Cash Center is a virtual bank within the corporate group, with which each associated company has one account or more. For the associated companies, the In-House Cash Center is just another house bank, which they use primarily to process payables and receivables involving other group companies. At the same time, you can set up accounts for external companies that are not associated with the group. This allows them to be included in the netting process. The In-House Cash Center is used to process all payments between company units, thus keeping cash resources within the group and optimizing how they are applied. This saves on the costs of external netting services and gives you greater flexibility when you process payment netting transactions.|
|Bank Communication Management||SAP Bank Communication Management is used for managing multiple bank communication interfaces, enabling you to connect to your bank, track the entire payment life cycle of a transaction, and improve straight-through processing rates and internal compliance. SAP Bank Communication Management is also responsible for the creation and approval of batches, the payment status monitor, and the bank statement monitor.|