SAP FSCM ONLINE TRAINING

SAP FSCM ONLINE TRAINING
AcuteSoft is a Global Interactive Learning company started by proven industry experts with an aim to provide Quality Training in the latest IT Technologies.
AcuteSoft has a pool of Expert Trainers worldwide on all the technologies to train the students.
AcuteSoft is offering Training services to Major IT giants and to individual students worldwide.
About Our faculty: we have excellent SAP FSCM instructors who have real time experience plus expert orientation in SAP FSCM Training.
SAP FSCM ONLINE TRAINING
We offer you:
1. Interactive Learning at Learners convenience
2. Industry Savvy Trainers
3. Learn Right from Your Place
4. Customized Curriculum
5. 24/7 system access
6. Highly Affordable Courses
7. Support after Training
a. Resume Preparation
b. Certification Guidance
c. Interview assistance
We have a forth coming online batch on  SAP FSCM Training .
We also provide online training on SAP FICO,SAP SD,SAP WM,SAP PP,SAP MM,SAP SRM,SAP FSCM,SAP MDM,SAP APO, SAP IS RETAIL,SAP CRM,SAP ABAP,SAP BI,SAP BASIS,SAP BO,SAP HANA,SAP BPC,SAP ESS-MSS,SAP CS,SAP PLM,SAP GTS,SAP SNC ,Informatica ,Cognos ,OBIEE, SAS,Oracle Apps All Modules,Testing Tools, Android,iPhone,Hyperion and Big Dada hadoop.

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SAP FSCM INTRODUCTION

   SAP Financial Supply Chain Management (FSCM)

Financial Supply Chain Management (FSCM) in simple terms means managing demand and supply of cash/cash equivalents. SAP has come out with SAP FSCM functionality or suite of applications to manage this more effectively and efficiently thus helping companies to manage the costs associated with this process better. In this posting we will look at what are the features and functionalities available in SAP FSCM and how it can be leveraged better for the benefit of business.

The main components in FSCM are

• Credit Management

• Collections Management

• Dispute Management

• Electronic Invoicing

SAP FSCM ONLINE TRAINING

 SAP FSCM Course Curriculum
 
    Overview of the SAP FSCM

• Introduction to SAP FSCM Business Processes and

• Integration with FI Overview

    SAP Biller Direct (FIN-FSCM-BD)

• FIN-FSCM-BD Business Processes

• Customer Portal Administration

• Create Users, Worklist Customer Messages

• Display and Delete Customer Action Logs

• Create Customer Notifications

• Activities of the Bill Receiver

     FIN-FSCM-BD Configuration

• (Process Integration with AR Accounting)

• Payment Methods, Partial Payment and

• Currency, Payment Block for Release Process

• Credit Card settings

• Business AddIns - determination of Bills, Notification address

     SAP Collections Management (FIN-FSCM-COL)

• FIN-FSCM-COL Business Processes (User Menu Transactions)

• SAP AR and FSCM Collection Management Data Integration

• Creation of Worklists

• My worklist and Supervisor Worklist

• Evaluation and Confirmation of Promise to Pay

     FIN-FSCM-COL Configuration

• Basic Settings for Collections Management

• Make Settings in Accounting

• Define Company Codes for Collection Management

• Define Organizational Structure for Collection Management

• Business Partner Settings

• Promises to Pay, Worklist Distribution Procedure

• Integration with FIN AR and FSCM DM (Dispute Management)

     SAP Credit Management (FIN-FSCM-CR)

• FIN-FSCM-CR Business Processes (User Menu Transactions)

• Master data - Business Partner, Customer Lists, Credit Limit

• Master Data Mass Changes - Credit Limit, Score, Rules

• List Displays - Credit Profile, Credit segment, Credit Exposure

• Integration with AR Accounting

     FIN-FSCM-CR Configuration

• Credit Risk Monitoring Settings

• Master data - Credit segments, Rating Procedure Formulas

• Credit Limit, Credit Ratings, Create Risk Classes

• Integration with AR accounting

• AR - Define Credit Segment, Credit Control Area, Recon Accts

     SAP Dispute Management (FIN-FSCM-DM)

• FIN-FSCM-DM Business Processes (User Menu Transactions)

• Dispute Case Processing, Automatic Write off of dispute cases

• Automatic Creation of dispute cases

• Automatic Assignment of Open Items to Dispute Cases

• Document Changes through Dispute Cases

• Dispute Case Regular Processor

     FIN-FSCM-DM Configuration

• Dispute Case Processing

• Create RMS ID

• Element Type and Case Record Model

• Create Element Type and Profile for case search

• Create customer specific functions

• Text Profiles

• Status Management - create status profile

• Correspondence and Case Types

• Workflow and Process Integration Settings

SAP FSCM ONLINE TRAINING

    COMPANY PROFILE

AcuteSoft Solutions India Pvt.Ltd. is an emerging end to end SAP training provider focused on training for companies that have captive, in-house or specific technology based training requirements. We focus on the needs of the SAP ERP community.
We offer in-depth SAP FSCM Online Training in any module of SAP.  Our response is almost immediate and we offer you the freedom to cut down on your training costs and ramp-up your resources where needed in minimal time.
We bridge the gap between the need of the industry for knowledgeable and skilled professionals and the training required to produce highly qualified candidates and professionals.

     Unique Features :

1. Top of the line trainers, hand-picked to suit your requirement
2. Customized training - you can choose the level and depth of training to be delivered
3. Interactive Feedback mechanism
4. Cutting-edge training delivery

     SAP FSCM ONLINE TRAINING

Experience the Quality of our Corporate Training
ACUTE SOFT is a Global Interactive Learning company started by proven industry experts with an aim to provide Quality Training in the latest IT Technologies.
ACUTE SOFT has a pool of Expert Trainers worldwide on all the technologies to train the students.
ACUTE SOFT is offering online Training services to Major IT giants and to individual students worldwide. 

Contact : Santhosh /Lakshmi :
INDIA: +91-9848346149, +91-7702226149
Land line: 040 - 42627705
US : +1 973-619-0109, +1 312-235-6527
UK : +44 203-290-4899
Skype id : acutesoft
http://www.acutesoft.com            
http://training.acutesoft.com

SAP FSCM Interview Question and Answers

  SAP FSCM Interview Question and Answers
 
     Why should I use SAP FSCM ?

If you are using standard FI-AR to manage your credit collections process, SAP FSCM provides tools to enhance your process. The tools in isolation will not solve any problems or add any direct benefit. However, the various modules will improve control and visibility, and enable the team to process more customers with a common process.

    What version of SAP do I need to be on ?

If you are using SAP ERP 6 then the core processes and functionality can be accessed. However, it should not be overlooked that new functionality has been released in the latest Enhancement Packages. Some customers can see the benefit of implementing SAP FSCM immediately and will work with their existing Enhancement Package version. Others will recognise some of the new functionality and wait until their ERP system is on the relevant Enhancement Package.

    Is my business too small/ big to use SAP FSCM ?

• As I mentioned before if you currently manage your Credit Collections process utilising the SAP FI-AR module then you can use SAP FSCM. The size of your business should not be seen as a blocker to move to SAP FSCM. In some cases, having large volumes of customers or large volumes of invoices increases the potential benefits. The real measure is to look at the potential process improvements. If you want to perform credit checking and scoring in a more efficient manner SAP FSCM will improve your existing process.

• SAP has recently released an RDS to provide an efficient process to implement SAP FSCM, reducing the cost of implementation. This is targeted at smaller customers wanting an accelerated implementation. Please note this is only available for customers on Enhancement Package 5 and beyond.

    What module(s) should I start with ?

• Collections Management is the most popular and most simple module to implement. However, to fully see the benefits of Collections Management the other 3 modules should be implemented as well.

• When asked the question, I normally turn this around and try to align the customer's strategic objectives from the implementation to decide the scope of the implementation. Customers who have high volumes of customer invoice disputes will obviously look towards Dispute Management - however aligning this with Collections Management joins the gaps between disputes and credit collections. Where a customer has bad debt issues and pays significant attention to Credit Limits and Credit Exposure, Credit Management will be more appealing - however the Credit Risk Class and Credit Exposure can be used to influence the Collections Worklist.

    What are the Major benefits of SAP FSCM ?

• The process improvement that can be achieved can be broken down into a number of different streams.

• Process efficiency and controls can be seen within the Credit Collection teams and other associated teams.

• The Collection worklist ensures the correct customer is called at the right time within the Collection process. This will enable more customers to be called, as the volume of effort to record a customer contact is simplified into a single transaction.

• Logging disputes removes manual offline processes, and reducing the time spent to log and process disputes will directly improve the cash collection process leading to more cash being received in a quicker time frame.

• The new version of Credit Management provides more accurate credit data using internal and external data, reducing the potential risk for bad debts.

    Where is reporting found for SAP FSCM ?

As with most new SAP functionality, reporting in core ERP is limited within SAP FSCM. Implementing just the core SAP FSCM modules alone will leave a gap in terms of business reporting. Within SAP BW there is some good business content which is simple to implement. Reporting should be part of the initial build within the project. Some customers who do not use SAP BW will design their own ABAP reports which is must better than using the standard content. Any project that does not consider reporting will find it almost impossible to measure the performance of the various teams.

     How do you implement SAP FSCM ?

• It is really important to note that a SAP FSCM project is 80% process re-design and 20% software implementation. It is therefore imperative that any business implementation of SAP FSCM aligns to these percentages. An implementation team cannot work in isolation from the business as the screens, terminology and processes are considerable different to core SAP FI-AR.

• A business cannot input into any solution unless they understand the full capability of a system, otherwise they are over reliant on the implementation partner to make decisions for them. With this in mind, running business workshops on a proof of concept within the customer's landscape enables the customer to make decisions with a better understanding. In turn this will reduce the subsequent phases including, build, test and training.

     Do I need to have PI to use SAP FSCM Credit Management ?

The simple answer here is no if you have Enhancement Package 5. However you need to implement WS-RM to replace the job PI does. If you have a PI server it does not make sense to look at the WS-RM option. If you do not have PI and want Credit Management it is worth considering WS-RM (if you have Enhancement Pack 5). To be fair this is more of technology question for your BASIS team to decide the landscape approach they plan to adopt.

     How do I design a global template for SAP FSCM ?

Before designing the processes to support the Credit Collections team, the organisational units need to be defined. Collections and Credit Management have separate organisational units to represent the various levels within a Company. Where measure are to be common, organisational units can be shared, and where differences are required unique values are required. Breaking out the full implementation into smaller chunks enables the solution to be rolled out and enabling quick wins.