SAP Bank Communication Management

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Bank Communication Management

SAP Bank Communication Management (BCM) is used for dealing with multiple bank communication interfaces, empowering you to associate with your bank, track the whole installment life pattern of exchange, and further develop straight-through handling rates and interior consistency. Bank Communication The board is likewise answerable for the creation and endorsement of groups, the installment status monitor, and the bank statement monitor.

With Bank Communication The payments, the installments in one or a few installment runs can be introduced and handled in an installment status screen. This screen likewise fills in as a vault for approaching status messages from Quick and individual banks. The installments in the installment run can be assembled into one or a few clusters as per your requirements. For instance, installments can be gathered by low-worth and high-esteem installments. You can likewise utilize advanced marks to support, reject, or resubmit installments. See Computerized Mark and Delivery Work process.

Implementation Considerations

To use the Bank Communication Management capabilities, make the fundamental framework settings in the Implementation Guide (IMG) by picking the Monetary Store network The Communication Bank Communication Management.

Incorporation

The SAP Bank Communication Management application forms part of the SAP ERP Financials arrangement. This considers the close joining of installment handling in S/4HANA Financials with the Installment Medium Workbench.

Bank Communication Management can likewise be used related to the SAP Combination Package for SWIFT. This provides you with one single point of interaction for bank communication using SWIFT Net.

Features