For finance teams managing high-volume customer remittances, customer clearing can become one of the most time-consuming parts of month-end.
Customer clearing
The Role of AI in SAP Reconciliation Automation
SAP reconciliation automation is evolving as finance teams look for faster, more controlled ways to reduce manual work, improve visibility and strengthen audit readiness.
Tolerances and Timing: The Messy Edges of SAP Customer Clearing
A customer pays £97,346.42 against an invoice of £97,346.50. The 8p difference falls inside almost any sensible SAP customer clearing tolerance, so the system writes it off and posts the clearing without anyone touching it.
SAP Cash Application: Why More Automation Matters for Ongoing Clearing
SAP cash application is still a daily problem for many finance teams. Your AR team processed yesterday’s bank receipts overnight.
Customer Clearing in SAP: Automated Cash Application for Enhanced DSO Performance
Customer clearing processes significantly impact cash flow management and working capital efficiency in SAP environments.
3 Ways Manual Customer Clearing is Hurting Your DSO Metrics in SAP
Automated customer clearing enables continuous processing throughout the month rather than periodic batch clearing.
Spotlight on Customer Clearing Module
Christopher Brooks gave a detailed presentation on BEST’s Customer Clearing Module.
Why standard SAP clearing functionality doesn’t cut it
BEST is excited to be part of the Connecting SAP Conference for HR, Payroll, Financials & Technologies 2024, taking place from 18 to 19 March 2024, at The Maslow Hotel in Sandton, Johannesburg.
BEST Reader Modules – automate loading and reading of statements and remittances to SAP
Automate the Loading of Documents into SAP with BEST Reader Modules Reduce manual processing within the BEST modules by using our additional Reader modules. This optical character recognition software is fully integrated with SAP, BEST Vendor Recons and BEST Customer...
Amka uses BEST to allocate customer payments in SAP quickly and accurately
Webinar interview on 20 October 2022 with Doris Pieters, Accounts Receivables Supervisor, on how Amka allocate customer payments in SAP quickly and accurately with the BEST Debtors Remit and Remittance Reader modules. Amka is a South African company with over 60 years...