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SAP In-House Cash

For optimised internal and external payment transactions

Many cash flows, many companies, many bank accounts, and many currencies – all this often leads to complex payment transactions in companies. SAP In-House Cash provides an ideal solution for centralising internal and external payment transactions for a group and for making it more effective: you can set up one or more virtual house banks (In-House Cash Center) in terms of a Payment Factory approach. Additionally, you can execute internal payment transactions by clearing across countries and currencies in a cost-efficient manner (Cash Pooling, Netting). This reduces the number of cash flows and you need fewer external bank accounts. You profit from decreased bank fees and minimise exchange losses. Overall, you have improved control of your payment transactions and achieve standardisation of business processes. In the In-House Cash Center you can manage group-internal current accounts in any currency and use functions such as the calculation of interest, charging of fees, granting of credit lines and generation of bank statements. SAP In-House Cash is seamlessly connected to SAP Financial Accounting and SAP Cash Management.

 

Advantages

 

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