AI-based Bank Statement Processing with SAP Cash Application
SAP Cash Application for SAP S/4HANA moves beyond the traditional model of bank statement processing based on fixed patterns by incorporating flexible artificial intelligence (AI) in the SAP Cloud.
With the help of machine learning, an artificial intelligence system tailored to the needs of your company is automatically trained to match open items with bank statements. This eliminates the effort required to maintain fixed search patterns. In addition, fewer bank statements require manual postprocessing and any remaining postprocessing is easier thanks to the matching proposals generated by the AI system as well as the new reprocessing rules tool in SAP S/4HANA. This saves you time in your daily tasks so you have more time for your customers.
Say goodbye to manual postprocessing of bank statements and let us guide your transition to full automation.