Leverage automated, integrated, and collaborative receivables management processes
Receivables management includes all financial accounting operations related to accounts receivables, including billing customers, and managing disputes, collections, and customer credit risk. Today, receivables managers must constantly balance the need to decrease days sales outstanding (DPO) and bad debt write-offs, while maintaining superior customer service. These managers must ensure that cash is on hand to fund business operations and new growth opportunities at low cost to deliver on margin goals. SAP software provides automated, integrated, and collaborative processes for receivables management. Accounting departments can then improve management of disputes and collections, streamline billing, and lower customer credit risk. Our software supports billing customers and managing disputes, collections, and customer credit risk. As a result, accounting decreases the amount of cash and effort tied up in disputes and collections, DPO, and bad debt write-offs.
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