IntroductionSEPA stands for ‘Single Euro Payment Area’. It’s a financial system that is designed to create efficiency for countries using the currency Euro by providing a unified system in which to perform financial transactions. The SEPA seeks to cr...

“Run Simple” has been a very catchy phrase since its inceptions as SAP’s new theme which rolled out at its annual SapphireNow user conference in Orlando as a brand message SAP adopted way back in June 2014. A very good strategy adopted by SAP to conv...

SAP FSCD (Collections and Disbursement) Vs FI-AR (Accounts Receivable)After reading this blog we shall be in a position to understand why we have FSCD to manage receivables rather than using the traditional SAP AR module. For the simple reason that F...

In-Force Business Configurator (IFBC) is used to administer and amend the information, in the form of templates that is relevant for policy management. Therefore, we can create, change, and delete the templates in the IFBC in FSPM. A template describ...

This article will illustrate how to design & use Collection Strategy (CS) in FSCD.This is a sequel to my below docs / blogs Dunning in FSCD simplifiedChange of approach in Insurance Collections I have highlighted the effective use of Dunning by Dunni...