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Alternatives to providing letter of credit
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2017 Jun 08 3:24 PM - edited 2024 Feb 03 11:00 PM
- SAP Managed Tags:
- SAP Ariba Procurement,
- SAP Supplier Lifecycle Management
Hello,
We are looking for SAP alternatives to providing a supplier our letter of credit upon purchasing goods. Is there any SAP alternative to Letter of Credit that provides similar functionality (meaning that the supplier is ensured payment, while we are ensured goods are shipped)?
We are currently using SAP ECC 6.0
Thanks in advance .
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Letter of credit is a sales foreign trade activity and this functionality is there in standard SAP, why do you looking for alternatives in SAP? Anything wrong with the existing solution?
https://wiki.scn.sap.com/wiki/pages/viewpage.action?pageId=447457369
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