Working Capital - SCF for SAP ECC & HANA
Kyriba Packaged Integrations for Working Capital, Supply Chain Finance on SAP ECC and HANA
As part of its leading, integrated cloud platform for treasury and finance management, Kyriba offers both dynamic discounting and supply chain finance for global clients. Dynamic discounting reduces the cost of goods sold through direct discounts earned from suppliers. Supply chain finance facilitates term extension on payables, preserving cash for longer on the balance sheet and increasing free cash flow.
Kyriba’s packaged integration to the SAP ERP platforms provides a complete end-to-end solution for Supply Chain Finance (SCF) workflows between SAP and Kyriba.
Extract Receivables - Extract the open documents for SCF Suppliers, map the data to Kyriba, and create documents in Kyriba automatically
Discount Receivables - early payment requests and updated documents are imported into SAP, automatically assigning the alternate payee of the document.
Collection & Reconciliation - extract cleared items from SAP after payment run, transmits to Kyriba, initiates the reconciliation process and updates the document settlement status automatically.
Addressing the ‘first-mile’ integration challenges, Kyriba integrations reduce cost, risk, time and effort required to connect an ERP to Kyriba. Typical estimates of 1-2 months per ERP, per workflow can be reduced to just days with use of a Kyriba packaged integration.