Organisations customarily, have been focusing maximum time and resources in managing the Supply Chain Metrics and not concentrating by giving time and attention to the organisations financial planning and resourcing. As the costs are continuing to rise, it has become imperative to concentrate and devote time and resource in managing the company’s cash and working capital requirements.
SAP brought out SAP FSCM suite of applications to manage this money market and working capital requirement more adequately and productively, therefore helping organizations to manage the costs and expenses related to this demand and supply procedure better.
FSCM functionalities can be leveraged in these vital business segments for more efficiency - working capital management, receivables management and payments cost management. 4 broad functionality segments supporting all financial management and other business process integration:
Financial and Management Accounting
Financial Supply Chain Management
Treasury and Risk Management
Corporate Governance
Nexus have confidence in providing pioneering business solutions to the clients resulting into cost saving for the organisation finance and operations. Our solutions offerings are as follows:
prominent capacity in electronic invoicing and installments. Clients and providers can get to invoicing and installment data, furnishes consistent incorporation with the bookkeeping framework and provides to deal with electronic installment and settlement forms.
helps to improve the efficiency of assortments. User friendly as it is simple for operators to identify and distinguish issue records or issues.
preconfigured segments & functionality improving the capacity to evaluate and answer to the money and liquidity positions.
overseeing money related exchanges and budgetary risks in the business. Integrated - with Financial, Banking, Information System, and Accounting
Provides with functionality to manage credit policies and risks associated with the receivables centrally - even for scenarios where the business is supported by multiple instances across the globe. Brings in functionality of managing complex customer credit account hierarchies and rules associated with it
Enabled and automation of manual activities involved in payment and receivables management disputes in electronic form. Improved integration and information workflows across multiple stakeholders involved to resolve the disputes.
visualize net records, group money receipts, and installments on a regional premise, and thereby, reduce exchange intercompany installments costs.
Enabling role matrix and different levels of approvals for outgoing payments using the Workflow methodology. Based on approved credit limits, routing of payments to authorized approvers, and transfer from Bank website to SAP.
Having achieved a unique position in delivering solutions on SAP-FSCM platforms successfully; we commit that we would be the trusted partner in your financial journey. Contact us today to get started!