Finance P2P - Payments

Key metrics	Payback period: 7 months Effort saved: 1,1 FTEs Processed cases yearly: 4800
Challenge description	Specific triggering schedule and specific payments days parameters per entity Bank environments differ from country to country
Solution	Specialized triggering schedule Email populator robot checking for new payment approvals Select in SAP payments according to defined rules, send them for approval via email, after receiving the approval send payment file to bank
Process steps	Initiate process based on daily schedule Create draft payment run and send for approval APPROVER: Approves payment file Execute payment run and upload payment file to bank Inform user about process completion
Systems used	MS Excel, MS Outlook, SAP, Sharepoint, Bank server/Bank application
Technology used