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Promise to Pay and How to Configure them in SAP

Collector training on understanding and configuring promise-to-pay in SAP. Eliminate your bad debts now by setting it up in your SAP application.

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About this course

promoImage
description
lessonOverview

Imagine you are on your 3rd follow-up call and your customer keeps extending the payment deadline. What would you do?

Today, due to a large number of bankruptcies and business closures, credit and collection teams want to take proactive steps to bind slow-paying customers to meet their commitments.

One such thing that SAP experts swear by are 'Promise-to-pays'. These acts like a written agreement between you and your customer where they commit you to pay set amount of money on a certain date. However, the question is how do you configure and customize that in SAP with respect to present day needs?

Watch this tutorial to learn about-

1. Fundamentals of promise-to-pay
2. How to create status profile in SAP
3. How to configure number intervals and case types
4. How to configure promise-to-pay in the system

transcript

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discuss Coming Soon
instructor
name title image description
Editor www.highako.com Highako.com is a video-first microlearning platform trusted by over 10,000+ Credit and Collections professionals.
Drive skill growth with role-specific, expert video lessons.
Measure practical expertise through hands-on assessments.
Connect and collaborate with the largest credit community and get access to ready-to-use templates.
recommendation
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tribe
widgetType Id components
topic sap-technical-skills-fin-fscm-cr input

Curriculum15 Mins

  • SAP Promise-to-pay 101 (~ 5 Min)
  • Preview
    Understanding Key Concepts of Promise-to-pay in SAP
  • Pre-requisites for Creating SAP Promise-to-pay (~ 10 Min)
  • Creating Status Profile in SAP FSCM
  • Configuring Number Interval and Case Types in SAP
  • Configuring Automatic Status Change for Promise to Pay in SAP
  • Creating Promise to Pay in SAP FSCM (~ 4 Min)
  • Configuring Promise-to-pay in SAP FSCM

About this course

promoImage
description
lessonOverview

Imagine you are on your 3rd follow-up call and your customer keeps extending the payment deadline. What would you do?

Today, due to a large number of bankruptcies and business closures, credit and collection teams want to take proactive steps to bind slow-paying customers to meet their commitments.

One such thing that SAP experts swear by are 'Promise-to-pays'. These acts like a written agreement between you and your customer where they commit you to pay set amount of money on a certain date. However, the question is how do you configure and customize that in SAP with respect to present day needs?

Watch this tutorial to learn about-

1. Fundamentals of promise-to-pay
2. How to create status profile in SAP
3. How to configure number intervals and case types
4. How to configure promise-to-pay in the system

transcript

Coming Soon

resources Coming Soon
discuss Coming Soon
instructor
name title image description
Editor www.highako.com Highako.com is a video-first microlearning platform trusted by over 10,000+ Credit and Collections professionals.
Drive skill growth with role-specific, expert video lessons.
Measure practical expertise through hands-on assessments.
Connect and collaborate with the largest credit community and get access to ready-to-use templates.
recommendation
image tag title description link duration
Credit Scoring Credit Scoring Rules and How to Configure them in SAP Learn to configure credit scoring rules in SAP. Learn how to create credit segments, define rating procedures and scoring formulas in SAP credit management. https://academy.highako.com/credit-scoring-rules-and-how-to-configure-them-in-sap-course 20 Mins
Credit Scoring Credit Scoring in SAP Credit Management Module Course on SAP Credit Limit Scoring to train you on SAP for credit checks, order blocks for low & high-risk categories in SAP FSCM and SD Module. https://academy.highako.com/credit-scoring-in-sap-credit-management-module-course 20 Mins
KPIs and Reporting SAP S/4 HANA Credit Management Reporting and Analytics Course on SAP S/4 HANA capabilities for trade credit management and analytics to track credit blocks, risk exposure, and aging reports. https://academy.highako.com/sap-s4-hana-credit-management-reporting-and-analytics-course 40 Mins
tribe
widgetType Id components
topic sap-technical-skills-fin-fscm-cr input

Curriculum15 Mins

  • SAP Promise-to-pay 101 (~ 5 Min)
  • Preview
    Understanding Key Concepts of Promise-to-pay in SAP
  • Pre-requisites for Creating SAP Promise-to-pay (~ 10 Min)
  • Creating Status Profile in SAP FSCM
  • Configuring Number Interval and Case Types in SAP
  • Configuring Automatic Status Change for Promise to Pay in SAP
  • Creating Promise to Pay in SAP FSCM (~ 4 Min)
  • Configuring Promise-to-pay in SAP FSCM