Tuesday, June 12, 2012

Derivatives of priorities

Derivatives of Priorities
Wednesday, May 30, 2012
6:53 PM
The next step in the process is to define how priorities are meet. The priority with which a customer is going to be allocated, in terms of collection activity, is completely configurable and is based on the number of tests met.

The value of the priority, is directly proportional to the level of urgency with which that customer will be dealt with.
Generally, the higher risk customers with the greatest outstanding sum will result in the highest priority values.

SPRO --> FSCM --> Collection management --> basic settings for collection management --> Collection strategies -->  Priorities--> Define derivatives for priority

From Percentage specifies the minimum amount of percentage to be considered for a particular priority level.

For example, assume there are 5 tests and all are equally weighted. Each test carries 6 points. If a customer is to qualify as high priority, it would have to pass at least four out of five to gain sufficient points to qualify as "very high". The math: 4 tests =24 points, which is greater then the minimum points required to qualify as a high priority, which is 76% of 30 points =22.8 points.

Biller Direct

Streamlines billing and payment processes by aggregating the billing data of several billers, reducing manual billing effort, and increasing productivity of accounts receivable and payable accounting.
The biller sends bills electronically to the Biller Consolidator, which then converts the format as necessary and posts the bills with the appropriate value-added tax to the relevant customer.

  • The bill is issued to the customer's ERP system (B2B) or displayed in a portal (especially in B2C
  • scenarios).
  • Issuing the bill to the (commercial) customer's ERP system allows the customer to optimize the bill
  • receipt process:
  • Automatic entry of billing data
  • Automatic comparison of invoice and purchase order
  • Automatic posting