Frequently, manual processing of incoming payments is still common practice in enterprises. With FIS, however, this time-consuming work belongs to the past. Our solution automatically matches incoming payment advice notes with the respective purchase orders and recognizes important information such as invoice number and invoice amount. By automatically reading and posting open items in SAP, fast and efficient processing is ensured and a smooth flow in accounting processes guaranteed.
These customers are already convinced of our expertise in the area of FIS/edc:
RECEIVING AND PROCESSING PAYMENT ADVICE NOTES IN A COMPLETELY DIGITAL MANNER
Payment advice notes in paper form or as PDF documents are automatically processed via AI and OCR document recognition with excellent recognition rates. Electronic documents such as EDI formats are supported as well. Once the documents have been imported, they will automatically be assigned to the existing data records in the SAP system.
If no match can be found or errors are detected in payment advice notes, corrections can directly be made in the FIS/edc Payment Advice Monitor. Once all items have been matched correctly and payment has been received, the items assigned are automatically updated in SAP.
Your benefits through FIS/edc for payment advice notes
- Time saving and reduction of error rate through high degree of automation
- Improved liquidity management due to regular monitoring of payment deadlines of open items
- Automatic matching with open customer items when receiving payment advice notes
- High transparency through data matching at item level
- Uniform process for all entry channels (OCR, e-mail, EDI)
- Complete documentation of announced payments
- Faster processing times due to automation of individual process steps
INTERESTING DOWNLOADS
Document Processes for SAP with FIS/edc
Audi AG – Invoice as impulse in the digital nervous system
Document Processes with FIS – What our customer say
„For our decision in favor of FIS, not just the functionality was decisive, but we wanted a sustainable platform that is no stand-alone solution.“
High quality standards – our products are certified
SAP certifies the integration of FIS/edc in RISE with SAP S/4HANA Cloud and confirms compatibility with the S/4HANA Cloud, private edition. FIS/edc therefore fulfils all SAP product standards.
FAQ on FIS/edc
Interested in Processing Payment Advice Notes in SAP? Request personal consulting
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More InformationOptimized processes for efficiency and high data quality
Master data management with FIS/mpm
The FIS optimization supports you in maintaining master data in SAP already before using the production system and significantly increases data quality. Field-tested workflows simplify master data processing by your employees, ensure faster processing times of master data processes and relieve the cost structure of your company.
Integration of your systems using the Business Process Integration solution by FIS
By integrating or connecting both SAP systems and heterogeneous third-party systems into a company’s IT landscape, processes become consistent and digital, procedures are accelerated and companies gain considerable competitive advantages.
Further services by FIS
Downloads
Document Processes for SAP with FIS/edc
E-Invoicing – Intelligent invoicing processes with SAP
Payment Advice Monitor FIS/edc
Order response monitor FIS/edc
Invoice monitor FIS/edc
SAP Fiori-App – FIS/edc Invoice Approval
Sales order monitor FIS/edc
E-Invoicing – The invoicing of the future at Maschinenfabrik Berthold HERMLE AG
Automated invoice processing at the ifm group
Intelligent invoice processing at electrical wholesaler Sonepar in Germany
ASS-Einrichtungssysteme GmbH Designs Intelligent Processes with E-Invoicing Solution
Audi AG – Invoice as impulse in the digital nervous system
GETINGE digitizes international financial processes with FIS
Sto AG frees itself from paper tourism
TE CONNECTIVITY LTD – Invoice processing for the globalized world
Alfred Kärcher GmbH & Co. KG – From Cyrilic to Catalan – FIS/edc in international use at Kaercher
FIS/edc Satisfies All Trade-Specific Requirements at SPAR Austria
Would you like to optimize your payment advice notes and create efficient, transparent and intelligent processes? If so, please do not hesitate to contact the FIS employees by phone or e-mail for further information.
