Optimizing Global Payments in SAP S/4HANA- Virtual 2020

As the world of payments becomes faster and more complex, using state-of-the-art technology is essential. Intelligent automation, cloud, and managed services are playing a vital role in helping companies to address sophisticated international payment challenges, including detecting and preventing fraud attempts, using a payment factory to control the payment processes of all subsidiaries of large companies, and simplifying support bank connections and protocols. This session will provide guidance on:

• How to centralize bank connections and communications in SAP systems to simplify payments across multiple banks and bank accounts
• Automating payment processes using SAP as a payment factory that can handle all payment formats, (ISO 20022 XML CGI, local formats) and bank protocols (EBICS, H2H, FTX, SWIFT)
• Understanding how to implement automatic fraud and compliance checks that maximize security and compliance


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