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So far MFBSAdmin has created 11 blog entries.

Accounts payable statement matching in SAP at Netcare

Accounts payable statement matching in SAP at Netcare.  In South Africa, Netcare operates the largest private hospital, primary healthcare, emergency medical services and renal care networks. At the Mastering SAP Conference held 15- 16 April 2019 in Johannesburg, Louise Nel, Accounts Payable Manager, spoke on Netcare’s projects for Accounts Payable Automation. Post the implementation of BEST for automated supplier statement reconciliations in SAP, Netcare partnered with Procure 2 Pay Intellection (Pty) Ltd to implement electronic invoicing across the Netcare Business Group. Objectives were to [...]

2022-08-04T08:39:03+00:00May 9th, 2019|

Creditor Statement Matching in SAP is possible with BEST!

Creditor Statement Matching in SAP. BEST News – March 2018 BEST Happenings: AP Managers using BEST for Creditor Statement Matching in SAP locally were invited with representatives to attend the first User Group in September 2017 at 10 Bompas Hotel in Johannesburg. It was a great opportunity for networking with other BEST clients over a relaxed breakfast and learning about new functionality available from the BEST team. We covered the latest Support Packs, Developments in the Fiori and Hana space and modules BEST Statement [...]

2022-08-04T08:42:04+00:00March 19th, 2018|

Why & How to Reconcile Supplier Statement Reconciliations in SAP

Why, How to perform Supplier Statement Reconciliations in SAP - BY HENRY CURTIS Vendor payments account for the largest cash outflow in most organizations. One of the best ways for accounts payable (AP) managers to sleep easily at night is to preform a reconciliation of vendor statements. While the benefits are numerous, this task can be time-consuming and tedious and is often overlooked. Organizations must use an effective process for reconciling vendors.A vendor statement is a statement of account or document from the vendor’s [...]

2022-08-04T08:42:17+00:00August 3rd, 2017|

Accounts payable statement matching in SAP – BEST is now certified for S/4 Hana

Accounts Payable Statement Matching in SAP – BEST is now certified for S/4 Hana. It gives us great pleasure to announce that BEST is now certified for S/4 Hana.  Well done to all in the BEST team who helped to make this possible. You may want to view the certificate here or contact the SAP ICC directly (http://scn.sap.com/community/icc or icc-info@sap.com) This certification confirms that BEST meets the requirements for deploying BEST Supplier Statement Reconciliation 3 on SAP S/4HANA. Our focus is developing, implementing and supporting SAP [...]

2022-08-04T08:42:34+00:00July 12th, 2017|

Upgrading your Custom Developments to S/4 Hana with BEST – creditor invoice matching in SAP

BEST functionality for Creditor Invoice Matching in SAP. Thoughts on upgrading your Custom Developments to S/4 Hana. BEST was a proud sponsor of SAPHILA 2017 in Sun City. A big thanks to Henry Curtis who shared his experience as one of the speakers at the conference. “Upgrading to S/4 HANA – The next BEST Thing!? But what about your historical custom developments?" As the architect of an SAP add-on module built in SAP, upgrading to S/4HANA is very alluring. The functionality is heavily integrated [...]

2022-08-04T08:42:55+00:00June 23rd, 2017|

Supplier statement reconciliations in SAP with BEST – Can they Reconcile Themselves?

Supplier statement reconciliations in SAP with BEST In your mind, is the ability to reconcile supplier statements in SAP without someone to validate, match, fix and approve – nothing but a pure fairy-tale? Then it is time to turn your AP staff into performers by increasing productivity. Empower AP staff to work more efficiently, error free, and faster. This will allow working on exceptions instead of boring manual processes. Is the word total automation something you think at all possible? PDF statements? Excel statements? [...]

2022-08-04T08:43:14+00:00March 30th, 2017|

Exhausted of manual recons? Perform creditor statement reconciliations in SAP.

Perform creditor statement reconciliations in SAP and stop manual recons. If you are still ticking paper statements, and heavily reliant on tedious (and often inaccurate) spreadsheet reconciliations, but your organisation uses SAP – you can easily rather use SAP to automate and control your reconciliations. Simply move away from manual processing and maximise your existing SAP investment to automate these essential reconciliations! Watch this short video and see how to automate this process inside of SAP. The advantages of automatic creditor statement reconciliations in [...]

2022-08-04T08:44:05+00:00July 15th, 2016|

Reconcile Supplier Statements with Supplier Statement Matching in SAP.

Supplier Statement Matching in SAP Why we reconcile vendor statements was discussed in my previous article. While the benefits may be appealing, it can be an onerous task to match thousands of supplier invoices and other documents every month. Manual matching of statements may involve much printing and ticking, or system downloads and manipulation to produce many disparate Excel spreadsheets. Automate supplier reconciliations in your existing accounting system As with other accounts payable processes, it is essential to digitise. A computer or automated supplier statement [...]

2021-02-02T09:26:32+00:00March 14th, 2016|
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