Consolidated Remittance Advice in SAP Business ByDesign

A solution that improves the efficiency of your Accounts Receivable Department and enables integration with your Bank

Many businesses find it very time consuming for their AR department to have to pull payment confirmations from several sources like the bank portal, following up with debtors or email just to complete some their main tasks: collecting debt and clearing open receivables. Once all the information is gathered, individual Remittance Advice are created and posted by the AR Clerk. Although the transaction is available in SAP Business ByDesign, the manual activity consumes a considerable amount of time and usually represents a challenge for AR departments specifically in businesses where collection is made in bulk like in Wholesale, Retail, and Professional services.

Great News! We have a solution to streamline the process. At Seidor, we identified an opportunity area to develop a solution that reduces time and will make your AR department's life easier: Consolidated Remittance Advice in SAP Business ByDesign. This simple solution also allows for a smoother bank reconciliation process with less repetition of task, which in turn gives more time for value added activities.

What is Consolidated Remittance Advice?

Now, businesses can consolidate information surrounding open debt and clearing open receivables with an easy-to-use excel worksheet which has the flexibility to accept multiple customers, amounts, payment methods and invoice numbers at the same time and integrates seamlessly with SAP Business ByDesign.

Instead of the time-consuming way of manually computing all this information, we have made it simpler for you.

Watch How It Works

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Want to discuss further? Contact Brittanie Ryan, Customer Engagement Specialist at Seidor: brittanie.ryan@seidor.com

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Seidor is an SAP Platinum Partner for SAP Business ByDesign

We sell, install, train, and support on this solution from our offices in Houston, Detroit, Miami, New Jersey, and California.

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