SAP Treasury and Working Capital Management Live

SAP Treasury and Working Capital Management Live

On 20-21 October, SAP organized its annual ‘Treasury and Working Capital Management Live’ which, due to the ongoing COVID-19 restrictions, was again a digital event. Zanders traditionally has a strong presence at this event and again this year we hosted two interesting presentations.

On the first day of the event, Sony and Zanders jointly presented Sony’s global treasury transformation. Sony is globally active in gaming, music, pictures, electronics, imaging and financial services and is headquartered in Tokyo, Japan. Together with Zanders, Sony embarked on a digital transformation to replace various inhouse legacy systems by a new SAP S/4 HANA platform combined with a new hybrid treasury model. With all its treasury centers now using one single treasury platform built on the latest SAP S/4HANA technology and bespoke developments to satisfy business requirements, Sony’s treasury operations now benefit from standardized, simplified and automated processes across all its treasury centers.

On the second day, we presented SAP S/4 HANA Advanced Payment Management (APM) which operates as a central payment hub, allowing the receipt and transformation of numerous payment formats through a single core payment channel. Throughout various use cases, we demonstrated the main benefits of APM such as the dynamic routing of payments, its scalability by entity/bank/ERP, capturing payments from various sources and the centralized control framework. Next to that, we showed how APM could work in a payment factory solution structure where it has four key processing points: input/output manager, enrichment and validation, routing and transaction clearing. The different steps were shown during an interactive demonstration to make it clear for participants and highlight the key benefits.

As the strategic importance of cash flow visibility, managing liquidity and managing financial risk is at an all-time high, and the role of the corporate treasurer has never been more critical, Zanders hosted various interesting discussions and use cases on how treasury technology such as SAP S/4 HANA can add value to treasury and the business. If you were unable to attend the event, we would be happy to discuss these topics with you. In case you have any questions, please do not hesitate to contact us.

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