Master Data Toolkit Certification SAP S/4HANA
FIS / mpm has recently been certified by the SAP Integration and Certification Centre for the integration with SAP NetWeaver and also NetWeaver on HANA. This certification is the third FIS SAP-Integrated technology to be awarded certification for HANA after FIS / edc (Electronic Document Centre) and FIS / xee (Data Process Module).
FIS / mpm is an integrated SAP add-on application that is utilised specifically for making both wholesale changes and maintenance of SAP master data. The solution provides a toolkit that simplifies master data changes for both initiators and experienced data custodians. FIS / mpm enables processes such as materials management, price changes, vendor and customer maintenance to be actioned more economically than with SAP standard.
FIS/edc Roadmap with SAP S/4HANA
FIS / edc is a deeply integrated technology within SAP and is utilised to accelerate the throughput of financial documents in SAP ERP. FIS Customers planning to migrate to SAP S/4HANA Cloud platform need to be assured that the roadmap for FIS SAP_Integrated products is aligned with the new infrastructures of SAP. FIS Information Systems as an SAP GOLD Partner – works closely with SAP AG to deliver new technologies with complete SAP compatibility using standard SAP GUIs and SAP technologies such as Web Dynpro and Fiori apps.
FIS is an SAP partner with "Gold" status fulfills all SAP service and support standards
To guarantee that partners fulfill the quality requirements defined by SAP in regard to support standards, tools, product-related expertise and service quality - SAP again grants its PartnerEdge Partner Center of Expertise status to FIS Information Systems. FIS regularly participates in the associated partner audit and has just obtained the SAP PcoE certification for the third time in a row.
The requirements for the SAP Partner Center of Expertise status have become more and more demanding in recent years. Partners are required to provide a uniform and worldwide high quality level. The performance of the entire FIS support infrastructure ensures these requirements. The high level of performance has been confirmed by the recent awarding of SAP Partner Center of Expertise (PCoE) certification.
Besides telephone and e-mail, FIS Information Systems uses its own Support Management System FIS/oss® for the 24/7 SAP support with the SAP Solution Manager Enterprise Edition as a central platform.
FIS - Customer Relationship Management
FIS/crm is a web based application that empowers organisations to determine and maintain data and information regarding customers and your relationships with them. FIS/crm enables organisations to work with the information in marketing, sales, cost accounting and customer service. An optimised and integrated CRM enables an easier, faster and lower-cost structuring of your business processes - from acquisition and order processing through to customer support.
Key benefits:
- Independently executable web-application that is available anywhere - without an SAP ERP connection
- Deep integration into the SAP data model (SAP ERP and SAP Retail)
- Intuitive operation
- Sophisticated CRM core processes (address/contact management with activity management, lead and opportunity management, campaign control, field service support)
- Interfaces for third party applications (best-of-breed strategy)
- Integration for central address data maintenance and distribution with FIS/cds
- Expandability to a corporate solution with address data harmonisation
- Sustainability due to continuous development
- Implementation of customer-specific enhancements by with FIS development
As an SAP value-added reseller and Gold Partner, FIS are able to offer support in the development of a strategy solution that is tailored to your company and in the implementation and operation of the CRM Web- Application. In addition, we offer you different support options to enable a problem-free CRM implementation. As part of the CRM implementation, we support industry requirements to optimise your processes.
FIS/crm offers the following advantages for your company:
- Segmented customer profiles differentiating between highly active, moderately active and inactive
- Intuitively operated, browser-based CRM system aimed at low customer churn
- Comprehensive contact management
- Function set for sales management and campaign processing
- CRM system integrated with the SAP architecture
FIS/crm and SAP
FIS/crm is a business software that highly integrates itself into your SAP system architecture. In the FIS/crm customising component, the sales organisation structures of the SAP master data can be mapped in order to transparently match the datasets in SAP ERP and in the FIS/crm system.
For the initial master data synchronization for address data harmonisation as well as for continued data synchronisation, FIS/crm provides an interface to an integrated master data server based on SAP for data exchange between business partners within the application environment.
From FIS/crm it is possible to call SAP transactions directly - enabling ERP system data to be utilised.
Automated Statement Reconciliations
February 15, 201600HomeTop, Products, SAP Statement ProcessingTags: Knowledge Base, OCR, SAP Add-in Product
Automated Statement Reconciliations for SAP
The FIS monitor provides automated statement reconciliations between vendor balances in SAP and the vendor statements. The SAP integrated application may also be used to reconcile payment advice notes from customers.
FIS / edc (statement monitor) is an integrated SAP technology that reduces the workload when reconciling vendor statements or customer payment advice notes (remittances).
The automated statement reconciliation process can be then be achieved in less time and more economically than with SAP alone.
By freeing up time and reducing workload, the Accounts teams can then focus only on the invoices discrepancies between the statement data and SAP vendor data.
Releases of the technology run with both SAP ECC 6 and SAP S/4HANA. The application is able to process both vendor statements and customer payment advice notes in a single SAP add-in technology.
The integrated software in normally paired with the FIS OCR reading technology. This key data reading application automates the data entry of key data from the statements. Statements can be also received via email attachments.
Automated Statements Reconciliations for Vendors
Vendor Statements usually take a lot of time to reconcile manually. In most instances - all statements are compared with the vendor account balance on SAP.
The statement monitor is focused on identifying vendors with unequal reconciliation balances compared to SAP. The solution’s main advantages include:
- Reduced workload on the Accounts Payable team, who now only review vendor accounts with unequal balances
- Ability to identify specific invoices from vendors that have been received or could have been misplaced
- Improving the efficiency of the accounts payable team - who now only review reconciliation exceptions identified by the statement monitor
- Statement data is automatically compared with the vendor balances in SAP on the date of the statement
Summary
For organisations who wish to make savings by introducing an automated statement reconciliation process of reviewing vendor statement balances.
The statement monitor filters exceptions - statements that do not reconcile against vendor balances in SAP on the date displayed on the statement.
An alternative to
- Manually reconciling statements against SAP vendor records
- Spending time identifying which invoices from the statement are not in agreement with SAP
Highlights and key benefits:
- Automatic OCR reading of vendor reconciliation contents from an emailed attachment or a scanned document
- Automatic comparison of data from the vendor data within SAP, filtering statements with non-zero balances
- Identifies invoices potentially in dispute or lost invoices
- Manual comparison of data now diminished, account team now directed to reconciliations where assistance is required
- Vendor data from the document is compared with data in SAP in familiar a SAP GUI
Automated Payment Advice Note Reconciliations
The document monitor can also be utilised to increase the level of automation and decrease the level of manual tasks required when reconciling customer payment advice notes (remittance advice notes).
Using the monitor, customer remittances can be matched and subtracted automatically from the outstanding invoices records in SAP prior to the payment reconciliations with the bank.
Therefore the automated process creates savings and improves matching accuracy.
Highlights and key benefits
- Identifies invoices sent to customers that have not been acknowledged
- Improves the efficiency of the accounts receivable team - who now only review reconciliation exceptions
- Fewer manual comparisons of data required
- Customer data from the document is compared with data in SAP within a familiar SAP environment GUI and therefore easier and quicker to adopt