reconciliation balances

Automated Statement Reconciliations

00HomeTop, Products, SAP Statement ProcessingTags: , ,

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.

balances illustrating automated statement reconciliation

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

Automated Data Entry from Day One

calendar day one

Automated Invoice Content Extraction

00HomeTop, Products, SAP Invoice ProcessingTags: , , ,

Automated Invoice Data Collection

Automated invoice data collection from day one. The OCR (optical character recognition) technology extracts the key information from invoices irrespective of their layout. Advanced machine learning technology is applied for improved recognition rates

  rtificial Intelligence and Machine Learning Automated invoice data collection using the FIS OCR document reader The FIS OCR document reading software (FIS / fci) is a world leading, innovative technology that is used to automatically examine a digital invoice (or other financial document) and collect the required key data with minimal or no human intervention. The technology generates financial and time savings by reducing the manual workload of accounts payable departments. Data quality is also increased prior to importing it into SAP or other ERP/Financials software. Using the technology results in less data entry and therefore frees up resource for accounts departments. The technology collects the content of invoices that are captured as a digital scan or are received as an emailed attachment. The software offers unmatched recognition rates for invoices, extracting both the header and line-item (position) content. The OCR technology is normally paired with the FIS / edc (invoice monitor) to post a high percentage of invoices automatically into SAP (ECC 6 or S4HANA) without the need for human intervention (no touch processing).
Data collection on day one
The OCR reading software is pre-programmed to identify specific information fields on an invoice and then extract the relevant data within close vicinity. The ‘freeform’ recognition technology automatically finds the invoice data irrespective of invoice design and layout.
  • Supplier details and invoice receiver checks are validated against the latest SAP data.
  • Invoice financial values are checked for feasibility by checking arithmetic agreement between net, tax and gross values.
  • Fuzzy technology compensates for incomplete or inaccurate data or poor quality invoice scans.
  • Several OCR engines are utilised to increase data reading accuracy.
  • Machine learning, any manual confirmations or checks are stored in an intelligent knowledge base for each vendor to build up a statistical probability of the key data locations.
  • Automated data entry means that the cost of processing invoices is reduced and savings are generated by the technology.
Reporting
Detailed reports illustrate vendor invoice volumes and data extraction rates for specific fields to identify issues with suppliers. FCI report recognition rates - automated data entry
Summary
For organisations who wish to Make savings by introducing automated data entry processes and significantly reducing the workload on accounts departments. Improve data quality by introducing automated validation and feasibility checks  against SAP data.
Alternative to
  • The printing and manually keying in data from a physical document
  • The slow process of data-entry of  invoice data with inherent errors
Key Technologies
  • Multiple OCR engines - working in agreement
  • Automatic recognition of suppliers,  company codes and order numbers
  • Automatic forwarding of emailed invoices
  • Machine learning by storing key invoice data from previous invoice completions
  • Freeform recognition, FIS / fci is pre-conditioned out-of-the box to search for key financial document data
  • Intelligent knowledge base which stores data co-ordinates for all successfully read invoices and therefore reduces the number of corrections in the future
  • FIS / fci collects header and line items automatically
  • Contributes to no-touch processing when combined with FIS / edc (invoice monitor)
  • Ability to read any semi-structured document such as sales orders, payment advice notes or vendor statements

2018-05-02_1225

New Platform for Returnable Equipment Tracking

00Uncategorised

 

iRetPlat - Innovative Returnable Equipment Platform

iRetPlat is a new, innovative and scalable platform for recording exchanges of returnable equipment such as pallets, trays, dolavs, mesh-boxes and roll cages. The platform is designed specifically for booking and recording the location, stock levels and balances of returnable equipment whether they are at regional sites, customers,"in transit", with logistics/haulage providers or owed to suppliers.

FIS iRetPlat also has the facility to bring together back-office systems (i.e. SAP ERP, Financial Accounts, Warehouse Management,Traceability Systems), mobile workers, logistics teams, regional sites, equipment providers on a single shared platform.The platform has the option to import booking data directly from the ERP and Accounts Systems and updates the equipment location and quantities in real-time, providing a single view for all platform users.

iRetPlat is accessible from a PC or mobile device with an internet connection - an alternative to recording exchanges on paper, back copy carbon notes or Excel. What makes the solution unique is that the platform has the option to be open to partners – showing the returnable equipment asset category and the quantity balance.

No IT hardware is required, the platform is “cloud-based” and available 24/7 – with the capability of recording all posting transactions and exchanges in UK/Europe. iRetPlat encompasses high functionality and an intuitive design based on cutting-edge SAP Infrastructure.

 

 

 

Key Features

ERP Back Office Data integration:

  • The solution provides tried and tested business integration tools - that map the data output from back office systems onto the platform – making equipment bookings visible to all parties.
  • iRetPlat functions as a hosted enhancement for ERP/IT systems – providing additional functionality and reporting tools.
  • Supports RFID and GS1 standards such as EDI.

Productivity and Process Improvements

  • Significant improvement in the productivity of logistics teams as transactions are made automatically or via a simple app - rather than on paper or via (bespoke) Excel spreadsheets.
  • Comprehensive management of complex operations between sites, customers and equipment providers.
  • SMART device cameras can be used for recording broken equipment or quantity variants - supporting evidence in dispute management.
  • iRetPlat Fiori/Mobile app turns SMART devices into productive working tools.
  • Exceptional user experience with SAP’s intuitive Fiori app technology features.
  • Maximise equipment utilisation with managed inventory levels.
  • No re-keying or manual input of data.

 

Photo by Ivan Bandura on Unsplash

Scalability

  • iRetPlat can be configured for all returnable equipment assets within an organisation. Additional customers, regional sites and partners added quickly and easily.
  • Cloud-based platform means that features can be managed and deployed for each logistics discipline including guest access for selected partners.
  • No IT infrastructure required – and fast “on-boarding".
  • Subscription-based monthly payment model - no upfront licence or support costs.

Dispute Management Workflow

  • iRetPlat offers workflow and notification tools to provide selected guests with the option to agree (or dispute) equipment asset types, quantities with supporting evidence of conveyed with images - using SMART devices as productive tools.
  • Collaboration and notification functions with platform guests - an alternative to using email as a workflow tool.

Dashboard / Reporting Tools

  • Several Reporting Tools are available giving your organisation a single enterprise view of returnable equipment asset volumes, conditions and locations within the entire supply chain
  • Furthermore the Excel formats for equipment stock, balances and transaction records can be tailored when necessary
  • iRetPlat provides a single view of returnable equipment from multiple providers
  • Real-time and instantaneous equipment availability checks
  • Tracking of returnable equipment quantities with time based reporting tools
  • Instantaneous view of RTP stock levels for delivery planning

 

 

FIS Information Systems – Constant Innovation

  • As one of SAP AG's leading international partners, FIS have more than 100 specialist developers of SAP Fiori apps, SAP Standard (ABAP) and bespoke application development.
  • FIS are constantly improving the platform with new customer driven ideas and advanced features.
  • FIS also host the iRetPlat - proving a single point of support for your organisation.
  • FIS provide consultancy with industry experts within the disciplines of supply chain and logistics.
  • 24/7 availability
  • Administration and user training.
  • The platform is currently available in English and German languages.

 An alternative to:

“Traditional” paper or Excel spreadsheet records of RTP exchanges

Key Applications and Industries:

  • Food Production
  • Manufacturing
  • Equipment Hire
  • Hazardous Chemicals
  • Palletised Products

info@fisuk.co.uk

Contact Us
fis3

FIS Integrated Technologies Migration SAP ERP ECC to SAP S/4HANA

00Uncategorised

shana_roadmap_2

Secure Investment with FIS Integrated Technologies

Organisations with FIS SAP Integrated Technologies with SAP ECC 6.0 have their investment securely protected when migrating to SAP S/4 HANA.

 

FIS/edc (New Generation) and S/4HANA

FIS/edc is supported with release SAP ERP ECC 6.0 with any database.

FIS/edc (invoice monitor) is released as a new version annually in January/February. There are now essential two SMART product lines available from FIS:

a) SMART products for SAP ERP ECC 6.0

b) SMART products for SAP S/4HANA - NextGeneration (NG)

FIS/edc is available for SAP S/4 HANA Enterprise Management 1511, SAP S/4 HANA Finance 1605 with a  release for S/4 HANA Enterprise Management 1610. FIS/edc for S/4 HANA 1610 is not a new release of FIS/edc for SAP ERP and S/4 HANA 1511. It is a new product designed specifically for S/4 HANA 1610. Existing FIS customers running FIS/edc for SAP ERP or S/4 HANA 1511 and upgrading to S/4 HANA 1610 will require to install the new release - not a maintenance upgrade.

Contact Us
Governance logo

FIS / mpm – Simplified Master Data and Price Management

10HomeDown, ProductsTags: ,

Simplified Master Data and Price Management

FIS / mpm (Master Data and Price Management) aligns specific routes and roles when creating master data in SAP. A staging area with a shadow database ensures the trouble-free exchange of master data with SAP Production.Master Data complexity solved

The FIS / mpm (master data and price management) application has been developed specifically for organisations with SAP ERP who face issues when adding new or maintaining existing master data. The FIS technology also provides functionality to upload large data volumes.

The FIS technology is an "SAP centric" application that runs on SAP standards (i.e. with familiar SAP GUIs, Fiori and NetWeaver interfaces).

FIS / mpm is an add-in application, deeply integrated into SAP standard with releases for both either SAP ECC 6 and SAP S/4HANA.

The technology functions by using a staging area using tables in a shadow database. The technology eliminates the need for file exchanges and data mapping between SAP and non-integrated software.

One of the primary functions of the application is to address the issue of master data governance. FIS / mpm provides a clear method of controlling master data updates for all participants in pre-defined roles. SAP master data team members are called on at the final stage only, releasing the new data into SAP Production. The software reduces the workload of SAP master data managers from routine tasks.

Staging area and shadow database

Maintaining and storing big datasets is very time-consuming and cost-intensive. Due to the multitude of materials, it is particularly important  to automate the data creation and maintenance processes. 

The FIS / mpm shadow database is used as a "holding area" to store the data that needs addressing. The data is imported and copied from from SAP Production. No modifications to SAP standard are required.

Master Data Management Diagram

Central to the  application is the staging area. These data tables are created, modified, enhanced, checked within FIS / mpm prior to the master data being transferred to SAP ERP.

Identifying Most Common Processing Issues

FIS / mpm fundamentally addresses the most common issues when creating master data in SAP.

  • Inefficient use of email as a workflow tool
  • Working with complex and bespoke Excel spreadsheets with multiple worksheets that are difficult to maintain
  • Processing data that includes detailed data completion notes
  • In-house solutions that required bespoke coding
  • SAP master data team called upon for assistance on basic tasks
  • Working with external applications that exchange files with SAP standard - which can cause issues with table synchronisation with SAP upgrades and enhancement packs
  • No governance with the process of creating and checking data prior to transferring into SAP

Governance

Issues with non-defined roles mean that employees that may have the most expertise of the data (i.e. for vendors, customers, materials, prices etc.) may not be aware of the stringent data requirements of SAP. In practice this usually results in data omissions and invalid fields.

Secondly, the SAP data custodians may have the knowledge of the strict master data stipulations of SAP but may have less knowledge of the initial data that is being added or maintained.

FIS / mpm reduces the time taken by senior master data teams correcting minor errors from initiators.

Schematic of SAP add-in technology with file options

 

Roles and processes defined

In an effort to resolve the most common issues, FIS / mpm defines typical roles (Initiators, enrichers, SAP key-users, SAP power-users etc.) and workflow procedures for SAP ERP master data. This means that data is reviewed by the correct people and in a stringent process and workflow and therefore controlling way master data is created and maintained.

FIS / mpm addresses the core issues by defining the common tasks within the process and then providing a methodology controlled by the SAP master data team.

  • FIS / mpm provides an easy-to-use interface at source for the data initiators - significantly reducing the number of fields for completion, identifying mandatory fields and provides drop down choice selections for data import
  • Bulk uploads can created from FIS / mpm by defining Excel worksheets with clearly labelled tables
  • The FIS / mpm Web Dynpro workflow module allows  data checking by a supervisor
  • The FIS / mpm application validates fields for feasibility and completeness prior to advancing the data to the SAP supervisors
  • The FIS / mpm staging area is a workplace that provides a checking area before releasing of master data into SAP.

Complete and up-to-date data with the FIS / mpm Analysis Tool

Keeping the data integrity the system correct and up-to-date is a big challenge for enterprises. Checking and comparing all data is very time-consuming and is therefore rarely carried out regularly. This is where the analysis tool from FIS /mpm comes in.

The analysis tool checks the entire dataset either at defined points in time or manually initiated using pre-defined criteria. In this way, for example, the address data of customers is regularly checked for completeness.

For incorrect data records, a data maintenance process can then be started with FIS / mpm. This automatically forwards the incomplete or incorrect data records to the appropriate person responsible for processing.

The fields can also be filled automatically if, for example, the information in another field is identical or indicates the content of the field. In this way, the completeness and correctness of all data records can be permanently improved without much manual effort.

Summary

For organisations who wish to save time and effort when creating new or maintaining existing master data within SAP.

For organisations who wish to create clear roles and governance for master data changes and additions.

An alternative to:
  • Complex forms and Excel sheets for participants with data expertise moving backwards and forwards between parties
  • Using Email as a workflow – no clear governance on processes – process unlikely to capture all necessary data comprehensively
  • Tasking SAP experts with minor data management issues
  • Inefficient methods of data management handling in SAP
Key technologies and benefits:
  • Versions available for SAP ECC 6,  SAP S/4HANA, SAP Private Cloud
  • Flexible Data Imports including data from Excel, SAP ERP, Financial Accounts Systems and other ERP systems
  • Web Dynpro workflow – allows participants with minimal SAP expertise create new and maintain master data
  • Ability to ensure clear governance of roles and responsibilities – from initiation to final SAP release
  • Allows bulk upload of master data (Excel) as well as single records
  • Provides intelligent data validation checks prior to transfer into the FIS / mpm staging area
  • FIS / mpm staging area provides final checking of data before release into SAP ERP
  • Automatic reports to show the success of data transfers into SAP ERP
  • Timed events to release data from FIS / mpm staging area into SAP ERP
FIS / mpm components

FIS / mpm is currently available in English, German and French with further versions available on request. Releases available for SAP ECC 6 and SAP S/4HANA

  • Article master, purchasing info records and source list
  • Vendor master
  • Customer master
  • Bill of materials
  • Document Maintenance
  • Conditions
  • Sales Functions

 

 

 

 

Diagram depicting system connectivity

FIS / xee Secure Connectivity Between ERPs

00HomeDown, Products, SAP Systems ConnectivityTags:

Secure Connectivity between SAP and ERPs

FIS / xee (xml and edi engine) is an advanced “business data adapter” that facilitates integration with other IT systems. FIS / xee provides a secure data exchange within SAP and has comprehensive EDI support.

illustration of flexible wires

SAP Business Process Integration, IT Systems, Customers and Suppliers

With digital transformation, it is important for enterprises to implement cross-system processes. Processes can be automated and made more consistent by integrating and connecting SAP systems and third-party systems.

In addition, more applications are also migrating into the cloud, creating hybrid IT landscapes.

The connection of business partners, such as customers, vendors or authorities, enables you to optimise the data exchange and the information flow across company boundaries.

Processes, such as purchase-to-pay, can be digitised using an EDI solution. This increases the degree of automation of your business processes throughout the organisation.

FIS / xee is an innovative application which facilitates the electronic exchange of data, documents and messages with SAP ERP and other applications - both internal and external.

FIS / xee has been certified by SAP AG and is successfully used worldwide with more than 300 installations.

The FIS / xee range of products support business process integration and communication processes. The application provides a single application for business process integration with internal IT systems and systems from both vendors and customers.

Key benefits include:
  • Optimise and accelerate the information flow across enterprise boundaries
  • Continuous linking of your business processes – avoiding media changes
  • Improvement of your business relationships with customers and vendors
  • Permanent availability
  • Decrease of error rate – no manual data entry required
Business Process Integration made easy:
  • The FIS / xee system is a user-friendly and secure system for the electronic exchange of data, documents and messages with your business partners and additional internal applications - both SAP and non-SAP
  • With FIS / xee, a flexible and secure exchange is possible in any kind of requested format (e.g. the industry standards VDA, ODETTE, ANSI X.12, EDIFACT, XML etc.)
  • The entire administration and monitoring takes place in the “SAP-look-and-feel” user interface (dedicated SAP transactions) to enable very short implementation times
  • Media changes are avoided and business processes run more securely
  • In addition, the automation involved in the electronic exchange of documents and messages accelerates the processes and reduces costs
  • To meet the requirements of the industry standards, format conversions or mappings can easily be created using FIS/xee workbench
  • Versions of FIS / xee run with both SAP ECC 6 and SAP S/4HANA

The FIS business process integration technology is fully integrated into SAP ERP, i.e. system settings and monitoring are executed via user-friendly and easily understood SAP transactions.

Data conversion and communication take place on an external subsystem computer that is independent from SAP. The applications of the SAP systems transfer the data to the standard SAP IDoc interface connected to the FIS / xee system.

 
 
 
fiscash

FIS/cash – Point of Sale Terminal Software for SAP

00Uncategorised

FIS/cash

Introduction

FIS/cash is a unique technology that has been developed primarily for the wholesaler industry - using either SAP ERP or SAP Retail and having a number of retail outlets. The solution is unique in that the cash register has advanced features for payment processes and also has a direct access to real-time SAP stock levels.

Standard FIS/cash is able to facilitate a wide range of commercial transactions such as:

  • Different payment methods – card or account
  • Different shipping types – pickup, cash on delivery
  • Cash Returns and refunds
  • Credit or Debit – memos
  • Down payment and deposits
  • Creation and payment of vouchers

Furthermore, the FIS/cash technology has direct connectivity to SAP and references the SAP database for stock levels. This is particularly attractive, if the organisation has other channels to market (i.e. internet, telephone sales or mail order) as the retail clerk will have a view on availability and the goods location whether in-store or distribution centre.

The FIS/cash is also has functionality to assist with periodic cash transactions, cash desk closing and shift analysis.

FIs_cash_screen_shot_April_2016

Simplified UX

The FIS and SAP transaction codes run in the background as the operator works with simplified screen functions.

The screen designs are often customised from the standard for each client - to account for specific user requirements.

Summary

FIS/cash provides a richly functional cash register client to SAP ERP - with the access to real SAP data. Using this method, the store operator can view exact stock availability even if recent inventory has changed from other channels (i.e. internet, telesales, mail order or other retail outlet).

Contact Us
FIS Award Logo

SAP Partner Centre of Expertise (PCoE) Certification

40News

SAP Partner Centre of Expertise (PCoE) Certification

FIS Information Systems is one of SAP’s leading global partners and has attained "Gold" certification status. The means that FIS fulfil all the required service and support criteria as specified by SAP AG. FIS have achieved the quality requirements defined by SAP in regard to support standards, application tools, product-related proficiency and service quality.
SAP again awarded its PartnerEdge Partner Centre of Expertise status to FIS Information Systems. FIS regularly participates in partner audits and has just been awarded the SAP PcoE certification (Partner centre of Excellence) for the third time in a row. 
The requirements for the SAP PcoE have become increasingly demanding in recent years. Partners are required to provide a consistent, uniform and worldwide high level of SAP expertise and quality. The performance of the entire FIS support infrastructure ensures that these criteria were met.
I addition to telephone and e-mail support, FIS Information Systems uses its own Support Management System FIS/oss® for 24/7 SAP support with the SAP Solution Manager Enterprise Edition as a central platform
Untitled-4 copy

FIS Information Systems UK Limited

00Services

FIS develop technologies that enhance the core functionality of SAP ERP (SAP ECC 6 and SAP S/4HANA). The technologies optimise business processes, automate manual tasks and improve data quality. Each FIS user becomes more productive as processes become more efficient – lowering the cost of business transactions.

"SMART" technologies are deeply integrated with SAP - working with existing SAP processes, accessing real-time data and without any modifications to SAP standard.

Online marketplace management

Marketplace Management – not just Amazon

00HomeTop, Marketplace Management, ServicesTags: , ,

Marketplace Management, not just Amazon and eBay

Online marketplaces enable a fast and flexible method of product exposure to new markets and customer groups. For organisations with SAP, FIS / TradeFlex optimises marketplace management

Marketplace ManagementMost customers start their product search via online marketplaces such as Amazon or eBay. The marketplace platforms offer benefits for enterprises including:

  • international reach
  • unlimited product selection
  • individual advertising opportunities
  • optional shipping services

In order to achieve these benefits and with potentially higher margins coupled with improved customer satisfaction, a deep integration of the systems involved should be considered.

This is the preferred way to manage the information flow across the entire order-to-cash process, from product placement via billing, payments and returns processing.

Online marketplace logos

With the trend towards using market platform organisations such as Amazon and eBay, FIS have created a new cloud-based integration tool that provides comprehensive functions for SAP users.

FIS / TradeFlex allows organisations to manage their product data, orders, payments, returns and refunds. FIS / TradeFlex brings together your SAP system, the marketplace platform and additional systems including PIM (Product Information Management).

Your benefits by using FIS / TradeFlex

  • Comprehensive and process integration in SAP
  • Reduced workload for users as the entire process from order-to-cash, product selection and returns is covered
  • Full transparency of expenses and revenues, including reporting/evaluation
  • Centralised, multi marketplace management from one application
  • Significantly increase the visibility of your brands
  • Take advantage of new markets and customer groups locally and internationally
  • Improved customer service – ready to provide information at any time

Comprehensive Processes in Marketplace Management

FIS / TradeFlex offers the optimal software solution for organisations with SAP to connect to marketplaces.

Whether an enterprise wants to step into marketplace ecommerce for the first time or already transact business via this channel (by selling their product range via their own online shop).

The FIS / TradeFlex marketplace management software enables enterprises to overcome the challenges of new platforms by using state-of-the-art technology. Running on SAP Cloud Platform and the high-performance HANA database, FIS / TradeFlex provides the ideal opportunity to seamlessly integrate the sales of your product portfolio on marketplaces into the SAP.
The software enables the management of all order-to-cash process steps in one solution.

Key Features include  Available product quantities are automatically transferred to the online marketplace (i.e. adjusted to reflect actual stock levels in SAP in real-time)

  • Product attributes (i.e. size, colour, weight, materials) are automatically mapped with several marketplaces 
  • Billing documents are transferred back to the marketplaces via message control
  • Automatic prevention of unnecessary goods dispatches
  • Reimbursement management
  • Automated posting of charges if they are considered for payment
  • Returns notification via the marketplace
  • Back processing of payments in case of returns or credit memos

SAP Cloud PlatformSoftware applications from the cloud need to be continuously connected to the ERP system in order to avoid data silos.

The FIS professionals use SAP Cloud Platform Integration to implement continuous and efficient processes for hybrid IT landscapes as well.

What is FIS / TradeFlex? FIS / TradeFlex is not a marketplace itself. It is an application build on SAP Cloud platform and Cloud Platform Integration to connect B2B as well as B2C marketplaces  to SAP system (no matter whether it is an ECC or S/4HANA system). This is done with no SAP modifications.

Who is FIS / TradeFlex for? Generally for wholesalers and producers/manufacturers who want to simplify and automate their processes when selling at marketplaces. In summary, FIS / TradeFlex is used by organisations with SAP who want to automate their marketplace business channel with the least possible amount of manual work whilst focusing on the whole process.

The solution provides easy access to another sales channel besides their own shop-system.

What is the competitive advantage of FIS / TradeFlex? FIS focus on process integration far deeper than pushing an order to SAP. We differentiate our product by adding payment matching, returns cancellation, dispute management functionality.

Marketplace Platforms with FIS / TradeFlex connectivity.

fnac logo Fnac is a French based retain chain specialising in the electronics, books (including audio), electronics, CDs and DVDs and computer games.
mercateo online marketplace logoMercateo is a B2B trading platform on the Internet, providing business customers the facility to search for many suppliers and products
Otto marketplaceOtto is one of the world's biggest mail order and e-commerce companies. Brands include including Freemans and Gratton in the UK. 
Digitec Galaxus logo platformDigitec Galaxus is  the biggest online retailer in Switzerland – operating the Digitec and Galaxus online marketplaces.
Conrad logo platformConrad electronics is a German retailer of electronic products. The marketplace platform  is focused on consumer and specialist electronics including computing equipment.
French DIY chain Mano ManoManoMano  is a French based e-commerce company specialising in DIY goods and gardening products. ManoMano work with over 3000 retailers.
Cdiscount logoCdiscount is a French e-commerce website with products such as electronics, household appliances and food - as well as services i.e. banking, travel, and mobile phone subscriptions.
idealo logoThe Idealo website allows users to compare prices on a range of products from hundreds of shops and also offer selected flight destinations.