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OUR CONSULTING SERVICES – YOUR BUSINESS VALUE• SAP® Bank Communication Management
(BCM) helps reduce complexity, improve control, strengthen compliance, and increase operational efficiencies in payment processing
• SAP® Bank Communication Management stream lines the communication with multiple banks
• SAP® In-House Cash improves operational efficiency by streamlining internal and external payment transactions
• In addition, SAP® Integration Package for SWIFT helps to reduce the complexity and costs of bank communication by enabling the consolidation of multiple communication inter-faces
• Both the number of external bank accounts and cross-border payments can be reduced. Further, physical cash transfers can be reduced by internal netting
SAP®’s Solution for Streamlining Payments and Bank Communications
Status Monitoring
Streamlined Payments and Bank
Communication
Compliance SAP® ERP Financials
Improved Cash Transparency
ApprovalWorkfl ow
Open Interfacesand Standards
© Copyright 05/2014 SymQ GmbH. All rights reserved.SAP® and R/3® are registered trademarks of SAP AG.
SymQ is specialized in analyzing SAP® standard applications and functions in the areas of Cash, Liquidity, Treasury and Risk Management with regard to their suitability for use in companies, and in reviewing and implementing them. Our project teams include industry experts and highly quali-fied SAP® specialists. They have comprehensive expertise in their specific fields and with regard to the systems that are available to support you. We would be happy to provide you with an overview of all functions and options in the SAP® standard appli-
SymQ GmbH
Oldesloer Straße 6322457 HamburgGermany
Tel: +49 (0)40 / 51 48 08 - 0Fax: +49 (0)40 / 51 48 08 - 188
Email: [email protected]://www.symq.de
SymQ Americas
205 N. Michigan Avenue / Suite 4110Chicago, Illinois 60601USA
Tel. +1 (312) 620 1200Fax. +1 (312) 620 1201
Email: [email protected]://www.symq-consulting.com
cation that are particularly useful for your Treasury requirements. We are always available for an onsite appointment. Maximize the potential of your exis-ting system environment and fully get to know the SAP® functions that other companies have already used to leverage untapped Treasury potentials. Op-timize your current Treasury Management with fea-tures that may have been dormant for years in your system landscape and that can significantly improve your daily operative processes.
Your Competent Partner for Treasury Consulting: SymQ
PERFECTION IN DETAIL.
PAYMENT PROCESSMANAGEMENT
In order to decrease operating costs while enhancing process transparency at the same time, treasury departments are increasingly turning to applica-tions that enable them to streamline the communication with multiple banks. Further, by establishing an in-house bank international companies centralize the processing of worldwide payment transactions and increase efficiency in managing their group-wide payments.
In today’s unpredictable global economy, ensuring corporate liquidity is key to finan-cial health. With the SAP® In-House Cash (IHC) application, large enterprises – par-ticularly those with global subsidiaries – can manage liquidity effectively by centra-lizing fragmented cash balances and payment processes in a virtual in-house bank.
As the SAP® In-House Cash module manages accounts centrally, you have a unified view of all payment transactions across your company, along with clear visibility into the liquid funds that are available to each subsidiary.
The SAP® Bank Communication Management (BCM) provides companies with seam-less bank communication with their multiple banks and enables a company to take full advantage of all the benefits of standardized electronic payments such as the SEPA initiative. BCM in combination with the SAP® Integration Package for SWIFT enables the seamless integration with the SWIFTNet infrastructure, a secure and reliable in-frastructure for companies to communicate simply and efficiently with their multiple banking partners.
MANAGING PAYMENTPROCESSES IN SAP®
HOW TO OPTIMIZE YOUR PROCESSES, GAIN EFFICIENCY, AND LOWER COSTS
Moreover, we show you how to optimize group-wi-de payment transactions through implementing net-ting processes and cash pooling procedures. Due to a reduction of the physical payment transactions, you are enabled to minimize the number of external bank accounts and your bank fees, and to improve the availability date. In supporting you to set up the In-house Cash Centre, SymQ shows you how to ma-nage all your bank accounts and how to perform ac-tivities such as interest calculation and debiting of fees.
As you can act like a real bank, you are also able to manage overdraft facilities and to process bank statements. It is a matter of course that SAP® In-House Cash offers seamless integration in SAP® ERP Financial Accounting and SAP® Cash Management.
Optimize your group-wide payment processes and significantly increase efficiency in bank communication by using state-of-the-art tech-nology
SAP® In-House Cash
Numerous corporate entities, several house banks, countless bank accounts and, last but not least, pay-ments in many different currencies can challenge the efficiency of payment processes. SymQ will help you reduce the complexity of payment processes by increasing transparency and efficiency. We will be happy to support you in implementing or optimizing the SAP® In-House Cash module in order to estab-lish a state-of-the-art solution for centralized and ef-fective group-wide (internal) and external payment processes. SAP® In-House Cash enables you to set up one or more virtual banks (In-House Cash Cen-tres) and to establish a payment factory.
SAP® Bank Communication Management
Regarding external payment transactions, in most companies multiple and technically different ban-king connectivity prevails. Bank communication can, thus, become an intransparent, inse cure and expen-sive matter. By implementing the module SAP® Bank Communication Management, SymQ helps compa-nies to put such things right: SAP® Bank Communi-cation Management enables you to group payments according to your needs and to process them in certain batches. As a result, you gain transparency, achieve greater security and are able to reduce the costs of payment processes.
In conjunction with the SAP® Integration Package for SWIFT, the SAP® Bank Communication Management module, finally, enables you to do the payment pro-cessing without any further external bank commu-nication tool. We will also show you how to make your payment approval secure and auditable, and how to establish a monitoring functionality in order to control payments through their whole life cycle. Further, you are enabled to process bank statements in all its particulars.
SAP®
NetWeaverProcess
Integration PI
BankCommunication
Management
Payments
– monitor – groupe – reject – approve
Adapter
SWIFTService Bureau
SWIFTNetInterface
Bank
Bank
Bank
FI-AP
FI-AR
TRM
IHC
CM
Other Subledgers (e.g., HR, RE)
„SymQ helps you reduce the complexity of your payment processes and make them more transparent and efficient.“
Jochen StiebeManaging DirectorSymQ GmbH
Local BankAccounts
In-House BankClearing/Netting System
– Internal accounts for subsidiaries – Clearing/Netting of internal
accounts receivable and accounts payable
– Account statements for subsidiaries
Central Bank Accounts
FinancialAccounting
Sub 1 Sub 2 Sub 3PartnerPartner
Subsidiaries
PaymentsPaymentson Behalf
Paymentson Behalf
Account Statements
Account Statements
External Internal
Internal Account Statements
Payment Data
Payment Data
Postings
Internal PaymentsPayments
Payment Factory
– Filter (internal/external) – Concentration of payments – Local country formats – Reduce cross-border transaction
costs – Reduce exchange rate eff ects
In order to decrease operating costs while enhancing process transparency at the same time, treasury departments are increasingly turning to applica-tions that enable them to streamline the communication with multiple banks. Further, by establishing an in-house bank international companies centralize the processing of worldwide payment transactions and increase efficiency in managing their group-wide payments.
In today’s unpredictable global economy, ensuring corporate liquidity is key to finan-cial health. With the SAP® In-House Cash (IHC) application, large enterprises – par-ticularly those with global subsidiaries – can manage liquidity effectively by centra-lizing fragmented cash balances and payment processes in a virtual in-house bank.
As the SAP® In-House Cash module manages accounts centrally, you have a unified view of all payment transactions across your company, along with clear visibility into the liquid funds that are available to each subsidiary.
The SAP® Bank Communication Management (BCM) provides companies with seam-less bank communication with their multiple banks and enables a company to take full advantage of all the benefits of standardized electronic payments such as the SEPA initiative. BCM in combination with the SAP® Integration Package for SWIFT enables the seamless integration with the SWIFTNet infrastructure, a secure and reliable in-frastructure for companies to communicate simply and efficiently with their multiple banking partners.
MANAGING PAYMENTPROCESSES IN SAP®
HOW TO OPTIMIZE YOUR PROCESSES, GAIN EFFICIENCY, AND LOWER COSTS
Moreover, we show you how to optimize group-wi-de payment transactions through implementing net-ting processes and cash pooling procedures. Due to a reduction of the physical payment transactions, you are enabled to minimize the number of external bank accounts and your bank fees, and to improve the availability date. In supporting you to set up the In-house Cash Centre, SymQ shows you how to ma-nage all your bank accounts and how to perform ac-tivities such as interest calculation and debiting of fees.
As you can act like a real bank, you are also able to manage overdraft facilities and to process bank statements. It is a matter of course that SAP® In-House Cash offers seamless integration in SAP® ERP Financial Accounting and SAP® Cash Management.
Optimize your group-wide payment processes and significantly increase efficiency in bank communication by using state-of-the-art tech-nology
SAP® In-House Cash
Numerous corporate entities, several house banks, countless bank accounts and, last but not least, pay-ments in many different currencies can challenge the efficiency of payment processes. SymQ will help you reduce the complexity of payment processes by increasing transparency and efficiency. We will be happy to support you in implementing or optimizing the SAP® In-House Cash module in order to estab-lish a state-of-the-art solution for centralized and ef-fective group-wide (internal) and external payment processes. SAP® In-House Cash enables you to set up one or more virtual banks (In-House Cash Cen-tres) and to establish a payment factory.
SAP® Bank Communication Management
Regarding external payment transactions, in most companies multiple and technically different ban-king connectivity prevails. Bank communication can, thus, become an intransparent, inse cure and expen-sive matter. By implementing the module SAP® Bank Communication Management, SymQ helps compa-nies to put such things right: SAP® Bank Communi-cation Management enables you to group payments according to your needs and to process them in certain batches. As a result, you gain transparency, achieve greater security and are able to reduce the costs of payment processes.
In conjunction with the SAP® Integration Package for SWIFT, the SAP® Bank Communication Management module, finally, enables you to do the payment pro-cessing without any further external bank commu-nication tool. We will also show you how to make your payment approval secure and auditable, and how to establish a monitoring functionality in order to control payments through their whole life cycle. Further, you are enabled to process bank statements in all its particulars.
SAP®
NetWeaverProcess
Integration PI
BankCommunication
Management
Payments
– monitor – groupe – reject – approve
Adapter
SWIFTService Bureau
SWIFTNetInterface
Bank
Bank
Bank
FI-AP
FI-AR
TRM
IHC
CM
Other Subledgers (e.g., HR, RE)
„SymQ helps you reduce the complexity of your payment processes and make them more transparent and efficient.“
Jochen StiebeManaging DirectorSymQ GmbH
Local BankAccounts
In-House BankClearing/Netting System
– Internal accounts for subsidiaries – Clearing/Netting of internal
accounts receivable and accounts payable
– Account statements for subsidiaries
Central Bank Accounts
FinancialAccounting
Sub 1 Sub 2 Sub 3PartnerPartner
Subsidiaries
PaymentsPaymentson Behalf
Paymentson Behalf
Account Statements
Account Statements
External Internal
Internal Account Statements
Payment Data
Payment Data
Postings
Internal PaymentsPayments
Payment Factory
– Filter (internal/external) – Concentration of payments – Local country formats – Reduce cross-border transaction
costs – Reduce exchange rate eff ects
In order to decrease operating costs while enhancing process transparency at the same time, treasury departments are increasingly turning to applica-tions that enable them to streamline the communication with multiple banks. Further, by establishing an in-house bank international companies centralize the processing of worldwide payment transactions and increase efficiency in managing their group-wide payments.
In today’s unpredictable global economy, ensuring corporate liquidity is key to finan-cial health. With the SAP® In-House Cash (IHC) application, large enterprises – par-ticularly those with global subsidiaries – can manage liquidity effectively by centra-lizing fragmented cash balances and payment processes in a virtual in-house bank.
As the SAP® In-House Cash module manages accounts centrally, you have a unified view of all payment transactions across your company, along with clear visibility into the liquid funds that are available to each subsidiary.
The SAP® Bank Communication Management (BCM) provides companies with seam-less bank communication with their multiple banks and enables a company to take full advantage of all the benefits of standardized electronic payments such as the SEPA initiative. BCM in combination with the SAP® Integration Package for SWIFT enables the seamless integration with the SWIFTNet infrastructure, a secure and reliable in-frastructure for companies to communicate simply and efficiently with their multiple banking partners.
MANAGING PAYMENTPROCESSES IN SAP®
HOW TO OPTIMIZE YOUR PROCESSES, GAIN EFFICIENCY, AND LOWER COSTS
Moreover, we show you how to optimize group-wi-de payment transactions through implementing net-ting processes and cash pooling procedures. Due to a reduction of the physical payment transactions, you are enabled to minimize the number of external bank accounts and your bank fees, and to improve the availability date. In supporting you to set up the In-house Cash Centre, SymQ shows you how to ma-nage all your bank accounts and how to perform ac-tivities such as interest calculation and debiting of fees.
As you can act like a real bank, you are also able to manage overdraft facilities and to process bank statements. It is a matter of course that SAP® In-House Cash offers seamless integration in SAP® ERP Financial Accounting and SAP® Cash Management.
Optimize your group-wide payment processes and significantly increase efficiency in bank communication by using state-of-the-art tech-nology
SAP® In-House Cash
Numerous corporate entities, several house banks, countless bank accounts and, last but not least, pay-ments in many different currencies can challenge the efficiency of payment processes. SymQ will help you reduce the complexity of payment processes by increasing transparency and efficiency. We will be happy to support you in implementing or optimizing the SAP® In-House Cash module in order to estab-lish a state-of-the-art solution for centralized and ef-fective group-wide (internal) and external payment processes. SAP® In-House Cash enables you to set up one or more virtual banks (In-House Cash Cen-tres) and to establish a payment factory.
SAP® Bank Communication Management
Regarding external payment transactions, in most companies multiple and technically different ban-king connectivity prevails. Bank communication can, thus, become an intransparent, inse cure and expen-sive matter. By implementing the module SAP® Bank Communication Management, SymQ helps compa-nies to put such things right: SAP® Bank Communi-cation Management enables you to group payments according to your needs and to process them in certain batches. As a result, you gain transparency, achieve greater security and are able to reduce the costs of payment processes.
In conjunction with the SAP® Integration Package for SWIFT, the SAP® Bank Communication Management module, finally, enables you to do the payment pro-cessing without any further external bank commu-nication tool. We will also show you how to make your payment approval secure and auditable, and how to establish a monitoring functionality in order to control payments through their whole life cycle. Further, you are enabled to process bank statements in all its particulars.
SAP®
NetWeaverProcess
Integration PI
BankCommunication
Management
Payments
– monitor – groupe – reject – approve
Adapter
SWIFTService Bureau
SWIFTNetInterface
Bank
Bank
Bank
FI-AP
FI-AR
TRM
IHC
CM
Other Subledgers (e.g., HR, RE)
„SymQ helps you reduce the complexity of your payment processes and make them more transparent and efficient.“
Jochen StiebeManaging DirectorSymQ GmbH
Local BankAccounts
In-House BankClearing/Netting System
– Internal accounts for subsidiaries – Clearing/Netting of internal
accounts receivable and accounts payable
– Account statements for subsidiaries
Central Bank Accounts
FinancialAccounting
Sub 1 Sub 2 Sub 3PartnerPartner
Subsidiaries
PaymentsPaymentson Behalf
Paymentson Behalf
Account Statements
Account Statements
External Internal
Internal Account Statements
Payment Data
Payment Data
Postings
Internal PaymentsPayments
Payment Factory
– Filter (internal/external) – Concentration of payments – Local country formats – Reduce cross-border transaction
costs – Reduce exchange rate eff ects
OUR CONSULTING SERVICES – YOUR BUSINESS VALUE• SAP® Bank Communication Management
(BCM) helps reduce complexity, improve control, strengthen compliance, and increase operational efficiencies in payment processing
• SAP® Bank Communication Management stream lines the communication with multiple banks
• SAP® In-House Cash improves operational efficiency by streamlining internal and external payment transactions
• In addition, SAP® Integration Package for SWIFT helps to reduce the complexity and costs of bank communication by enabling the consolidation of multiple communication inter-faces
• Both the number of external bank accounts and cross-border payments can be reduced. Further, physical cash transfers can be reduced by internal netting
SAP®’s Solution for Streamlining Payments and Bank Communications
Status Monitoring
Streamlined Payments and Bank
Communication
Compliance SAP® ERP Financials
Improved Cash Transparency
ApprovalWorkfl ow
Open Interfacesand Standards
© Copyright 05/2014 SymQ GmbH. All rights reserved.SAP® and R/3® are registered trademarks of SAP AG.
SymQ is specialized in analyzing SAP® standard applications and functions in the areas of Cash, Liquidity, Treasury and Risk Management with regard to their suitability for use in companies, and in reviewing and implementing them. Our project teams include industry experts and highly quali-fied SAP® specialists. They have comprehensive expertise in their specific fields and with regard to the systems that are available to support you. We would be happy to provide you with an overview of all functions and options in the SAP® standard appli-
SymQ GmbH
Oldesloer Straße 6322457 HamburgGermany
Tel: +49 (0)40 / 51 48 08 - 0Fax: +49 (0)40 / 51 48 08 - 188
Email: [email protected]://www.symq.de
SymQ Americas
205 N. Michigan Avenue / Suite 4110Chicago, Illinois 60601USA
Tel. +1 (312) 620 1200Fax. +1 (312) 620 1201
Email: [email protected]://www.symq-consulting.com
cation that are particularly useful for your Treasury requirements. We are always available for an onsite appointment. Maximize the potential of your exis-ting system environment and fully get to know the SAP® functions that other companies have already used to leverage untapped Treasury potentials. Op-timize your current Treasury Management with fea-tures that may have been dormant for years in your system landscape and that can significantly improve your daily operative processes.
Your Competent Partner for Treasury Consulting: SymQ
PERFECTION IN DETAIL.
PAYMENT PROCESSMANAGEMENT
OUR CONSULTING SERVICES – YOUR BUSINESS VALUE• SAP® Bank Communication Management
(BCM) helps reduce complexity, improve control, strengthen compliance, and increase operational efficiencies in payment processing
• SAP® Bank Communication Management stream lines the communication with multiple banks
• SAP® In-House Cash improves operational efficiency by streamlining internal and external payment transactions
• In addition, SAP® Integration Package for SWIFT helps to reduce the complexity and costs of bank communication by enabling the consolidation of multiple communication inter-faces
• Both the number of external bank accounts and cross-border payments can be reduced. Further, physical cash transfers can be reduced by internal netting
SAP®’s Solution for Streamlining Payments and Bank Communications
Status Monitoring
Streamlined Payments and Bank
Communication
Compliance SAP® ERP Financials
Improved Cash Transparency
ApprovalWorkfl ow
Open Interfacesand Standards
© Copyright 05/2014 SymQ GmbH. All rights reserved.SAP® and R/3® are registered trademarks of SAP AG.
SymQ is specialized in analyzing SAP® standard applications and functions in the areas of Cash, Liquidity, Treasury and Risk Management with regard to their suitability for use in companies, and in reviewing and implementing them. Our project teams include industry experts and highly quali-fied SAP® specialists. They have comprehensive expertise in their specific fields and with regard to the systems that are available to support you. We would be happy to provide you with an overview of all functions and options in the SAP® standard appli-
SymQ GmbH
Oldesloer Straße 6322457 HamburgGermany
Tel: +49 (0)40 / 51 48 08 - 0Fax: +49 (0)40 / 51 48 08 - 188
Email: [email protected]://www.symq.de
SymQ Americas
205 N. Michigan Avenue / Suite 4110Chicago, Illinois 60601USA
Tel. +1 (312) 620 1200Fax. +1 (312) 620 1201
Email: [email protected]://www.symq-consulting.com
cation that are particularly useful for your Treasury requirements. We are always available for an onsite appointment. Maximize the potential of your exis-ting system environment and fully get to know the SAP® functions that other companies have already used to leverage untapped Treasury potentials. Op-timize your current Treasury Management with fea-tures that may have been dormant for years in your system landscape and that can significantly improve your daily operative processes.
Your Competent Partner for Treasury Consulting: SymQ
PERFECTION IN DETAIL.
PAYMENT PROCESSMANAGEMENT
