• FS² AutoBank automates reduces manual reconciliation tasks, on average, by 75 % and automates the invoice level on average,
    by 80 % with peaks to 98 %.

FS² AUTOBANK – INTELLIGENT CASH APPLICATION

Optimize your cash application and receivables management processes, reduce manual tasks and costs, and minimize risks with FS² AutoBank! Our SAP-integrated software combines highest levels of automation with intelligent features and fully integrates with your current SAP environment – on premise, in the cloud or both!

FS² AutoBank automates cash application processes and reduces manual reconciliation tasks, on average, by 75 %. It automates at the invoice level on average, by 80 % with peaks to 98 %.

Automation in FS² is versatile. It accepts many different payment formats such as bank statements, remittance advices, lockbox and check images. All payment information is seamlessly integrated into the process and available for matching purposes and research in SAP, allowing condensed processing times and streamlined work processes.

An SAP add-on, AutoBank, easily configures into your existing SAP system, work process structures and is maintained and controlled by you, the business unit, eliminating the need to rely on IT for setting up posting rules and filters.

FS² AutoBank includes Fiori, a sleek new UI with structured transactions that allow you to create your role based dashboard with vivid graphics. All of the information you require is available in one simple screen, no more opening and closing screens to see the complete picture.

Also, with a new Business Intelligence Reporting that works together with Fiori and FS² AutoBank, you can quickly set-up new reports and run speedy queries based on daily or historical data. The personalized reports are supported with responsive robust metrics and analytics to keep your processes up to date and streamlined.

FS² AutoBank is compliant with SAP ECC, HANA, and S/4HANA Finance allowing for faster processing time utilizing less memory saving you cost.

FS² AutoBank puts you back in the driver’s seat and releases valuable time for you to ensure that your cash is coming in faster!

Highlights and Benefits of FS² AutoBank

  • Installs directly in Your SAP environment
  • Accepts all common formats from banks and customers
  • Business unit manages posting rules and filters
  • Easy adaption = high user rate
  • Automates the cash application process
  • Access and work with real time data within SAP
  • Powerful work flows
  • LiveCash offers same day processing
  • Robust reports/analytics/metrics
  • SmartEye for remittance advices, emails and PDFs
  • One screen dashboard self-learning software SAP conversant
  • Compliant with latest SAP Technology S/4HANA Finance and previous SAP systems
  • Meets all audit requirements
  • Added value and investment to your SAP
  • Trusted SAP security