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Sap Fscd Online Training

Introduction to SAP FSCD training

SAP FSCD (Collections/Disbursements for Insurance) which is provided by Contract Accounts Receivable & Payable (FI-CA) is based on functions for subledger accounting.Contract Accounts Receivable & Payable forms the basis for various subledger components in the industry solutions, is for an industries with many business partners subledger accounting system specifically & a high volume of documents. For more information on SAP FSCD join SAP FSCD training . SAP FSCD Online Training by Global Online Training is based on latest live project,  research, and best possible industry update. Not only students will find this module advantageous to avail, but also on job professional will find it super flexible for attaining besides their regular job. Here course fee is affordable & the entire training is done on best interactive virtual platform.

SAP Fscd Course Content

Overview of the SAP FSCM
  • Introduction to SAP FSCM Training
  • Introduction to the SAP FSCM Business Processes &
  • Integration with the FI – Overview

 

SAP Biller Direct (FIN-FSCM-BD)
  • FIN-FSCM-BD Business Processes:
  • Customer Portal Administration
  • Create Users, Work list Customer Messages
  • Display & Delete Customer Action Logs
  • Create Customer Notifications
  • Activities of the Bill Receiver
  • Explains from SAP FSCM Training
FIN-FSCM-BD Configuration:
  • (Process Integration with AR Accounting)
  • Payment Methods, Partial Payment &
  • Currency, Payment Block for the Release Process
  • Credit Card settings
SAP Collections Management (FIN-FSCM-COL)
  • FIN-FSCM-COL Business Processes (User Menu Transactions):
  • SAP AR & FSCM Collection Management Data Integration
  • Creation of the Wordlists
  • My work list & Supervisor Work list
  • Evaluation & Confirmation of the Promise to Pay
  • more explanation from SAP FSCM online Training
FIN-FSCM-COL Configuration:
  • Basic Settings for the Collections Management
  • Make Settings in the Accounting
  • Define Company Codes for the Collection Management
  • Define Organizational Structure for the Collection Management
  • Business Partner Settings
  • Promises to Pay, Work list Distribution Procedure,
  • Integration with FIN AR & 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 the AR Accounting with brief explanation SAP FSCM Training.
FIN-FSCM-CR Configuration
  • Credit the Risk Monitoring Settings:
  • Master data – Credit segments, Rating Procedure Formulas
  • Credit Limit, Credit Ratings, Create the Risk Classes
  • Integration with the AR accounting
  • AR – Define the Credit Segment, Credit Control Area, Recon Accts
SAP Dispute the Management (FIN-FSCM-DM)
  • SAP FSCM Training with all the below syllabus
  • FIN-FSCM-DM Business Processes (User Menu Transactions)
  • Dispute the Case Processing, Automatic Write off of dispute cases
  • Automatic Creation of dispute cases
  • Automatic Assignment of the Open Items to the Dispute Cases
  • Document Changes through Dispute Cases
  • Dispute Case Regular Processor
  • Dispute the Case Processing:
  • Create RMS ID
  • Element Type & Case Record Model
  • Create Element Type & Profile for the case search
  • Create the customer specific functions
  • Text Profiles
  • Status Management – create status profile
  • Correspondence & Case Types
  • Workflow & Process Integration Settings

Benefits for SAP FSCD

Here is a list of the benefits that SAP FSCD offers

  • Using SAP FSCD for your company of Evaluation
  • Payments Model implementation of Efficient of by means of the ConVista
  • In consideration of regulatory requirements such as SEPA & Code of Conduct Extension & optimization
  • Integration of architecture & organization
  • Use of accelerators: The ConVista products TestSuite, Collection Connector, Smart View, &Smart Gate, & ConVista Payments Model for more benefits on SAP FSCD join SAP FSCD Training

Overview on SAP FSCD

Now financial institutions needs more fact based strategy& Post crises era is indeed different & technology solutions. Insurance industry has to face following changes after financial crises,

  1. Customer behavior & Thinking
  2. Requirements on Financial Reporting
  3. Requirements of Solvency II
  4. Cost effectiveness
  5. They are offering more they need innovation in products & competition . For more financial crises register to SAP FSCM Training

The winners & losers during the crises is IT that differentiates a Key factor. If SAP FSCD has good IT infrastructure then it’s easy to respond organization to changes in economy, technology & environment. If there is weak IT infrastructure then it results

  1. IT investments Wrong
  2. For elephant to move in small room if organization is big then it’s tough
  3. to create confidence in their customer misses Organization
  4.  The best products in market for this industry sector of SAP FSCD Insurance are indeed one. Launching new initiatives becomes difficult.

It provides for ensuring profitable growth appropriate IT environment. The entire insurance value chain Solution integrates– from through payment of claims collection of premiums. SAP for Insurance supports, powerful & data integrity, analytics for SAP FSCD strategic & tactical decision reporting & making. For more overview on SAP FSCD just join SAP FSCD Training.