Financial Supply Chain Management
Financial Supply Chain Management (FSCM) represents a major area of process innovation and improvement for enterprises in a broad range of industries. Over the last several decades, there has been little improvement in the areas of billing, accounts receivable, collections, dispute resolution, credit scoring and cash management. Today, many businesses see these functions as a prime area for process improvement and source of greater cost-savings.
To address these business improvement opportunities, SEAL has developed various implementation packages that deliver the key components of SAP’s FSCM offering. Few of the areas are mentioned below:
- Streamline Collections & Disputes
- Collection Management
- Dispute Management
- Efficient Credit Management & Customer Self Service
- Credit Management
- Biller Direct
- Cash Optimization through Improved Cash & Liquidity Forecast
- In-House Cash
- Cash and Liquidity Management
- Manage Financial Instruments using Treasury and Risk Management
- Treasury and Risk Management
When a company manages their financial supply chain of collections, disputes, and credit well they have a significant impact on not just cash flow, but on its ability to compete successfully and maintain sound financial strength in the market place.
An effective receivables and collections function can help reduce day’s sales outstanding and improve operating cash flow by turning sales revenue into cash. Adopting best practices in Financial Supply Chain Management is a key factor for sustaining both short and long term success.
How SEAL Can Help
More Info Why SEAL
- Business Case Building
- Application Managed Services
- Assessment Service
- Offshore Delivery