FSCM is nothing more than improving the efficiency of the accounts receivable and accounts payable teams, resulting in an improvement in the company's cash flow. The SAP Financial Supply Chain Management module and application suite provide solutions to improve the AR process; it provides functions for electronic invoices, bill dispute management, collection management, and credit risk management.
SAP Financial Supply Chain Management (SAP FSCM) contains the following: 1. SAP Treasury and Risk Management (TRM) 2. SAP Biller Direct (BD) 3. SAP Cash and Liquidity Management (CLM) 4. SAP Collection Management (COL) 5. SAP Credit Management (CR) 6. SAP Dispute Management (DM) 7. SAP In-House Cash (IHC)
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