Financial Supply Chain Management (FSCM) is a holistic response to today’s business environment and challenges. We observe that today’s companies are no longer satisfied with simply managing the operations and finance function with yesterday’s processes and tools. Many are closely examining how they can perform better within their core finance areas.
FSCM is an integrated approach to provide better visibility and control over ALL cash-related processes.
Better predictability of cash flow
Reduction of working capital
Reduction of operating expenses
End-to-end integration of business processes
There are various FSCM components, which make up the entire FSCM solution suite within SAP ERP and can be used independently from each other to optimize the financial aspects of the cash flow cycle.