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Question 4 - C_S4FTR_2023 discussion

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Your company experiences low automatic reconciliation for incoming payments. You therefore decide to use machine learning to improve the clearing automation.What do you use to support this kind of functionality?

A.

SAP digital payments add-on

Answers
A.

SAP digital payments add-on

B.

SAP S/4HANA Cloud for advanced payment management

Answers
B.

SAP S/4HANA Cloud for advanced payment management

C.

SAP Cash Application

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C.

SAP Cash Application

D.

SAP Multi-Bank Connectivity

Answers
D.

SAP Multi-Bank Connectivity

Suggested answer: C

Explanation:

You can use SAP Cash Application to improve the clearing automation for incoming payments. SAP Cash Application is a cloud-based service that uses machine learning to match incoming bank statement items with open receivables. It learns from past manual clearing actions and applies intelligent algorithms to propose matches with high accuracy. It also provides explanations for the proposed matches and allows users to confirm or reject them.

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asked 31/10/2024
Michael Golo
22 questions
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