SAP FSCM can greatly simplify financial supply-chain management in an organization. With this set of applications, companies can more easily address the multifaceted challenges of managing cash flow and optimizing working capital—two critical elements for successful financial performance today.
The outcome of the experience of this Finance Best Practice Network (see also the article, Advantages of Finance Best Practice Networks) shows clearly that traditional cash-flow reporting is “out” and only seen as a complementary communication to stakeholders with no impact on the cash-flow management on an operational level, which is key in today’s turbulent financial environment.
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