Starting point

Trade credit is the most common type of credit granted in business. Therefore, credit management is moving up the corporate agenda. Credit master data that are out-of-date and lacking monitoring systems cause problems in the credit check process, entailing, for example, unwanted blocking of business partners or contract accounts. This, in turn, can strain relations with the sales department and, ultimately, the customer.

Credit management is efficient only if the SAP credit master data (credit limit, solvency index, risk category) are up-to-date for each customer and subject to continuous checks. The sheer number of active customers, however, makes a manual handling of these tasks practically impossible.

Challenge

Maintaining your credit data manually is an enormous effort. In most cases, you feed the credit master data into your system without ever updating them according to the latest information on your customers. This leads to a failure of identifying current risks as well as to a rise in collection costs, value adjustment requirement, and bad debt losses.

Solution

SOPLEX CM for FI-CA – the SAP credit management software by SOPLEX

This SAP solution determines all credit master data on a daily basis and according to a set of fully customizable criteria defined by you.

• Use of all available SAP credit management features
• Integration of all relevant SAP modules (FI-CA, CO, ...)
• Integration of the SAP e-mail functions
• Integration of e-mail functions
• Interfaces to other systems, such as SAP BW, dispute management …, can be implemented

Features

SOPLEX CM for FI-CA – dynamic credit management with SAP

• Fully customizable set of rules
• Use of all internal data (payment behaviour, …)
• Use of all external data existing in SAP (business information, …)
• Automatic determination of credit master data
• Automatic monitoring of customers
• Automatic alert system
• CM for FI-CA information system – reports by the click of a button

Business impact

SOPLEX CM for FI-CA is the SAP solution that gives you a constant and automatic overview of your customers’ solvency and thus helps you to organize follow-up processes.

• Automatic analysis and rating of customers
• Calculation of ratios (credit limit, solvency index, risk category, …)
• Organization of solvency-related follow-up processes
• Optimized credit check processes (warning, blocking of business partners and contract accounts)
• Comprehensive reporting tools

Technology

SOPLEX CM for FI-CA is add-in software for SAP

• Own namespace
• Programming language ABAP/4
• No modification of the SAP system
• Implementation via SAP transports
• Multilingual versions
• No additional hardware required
• No third-party software required
• SAP authorization concept
• Easy to implement