Adamas Tech : IT consultancy and solutions

Contact
Call Us +91-6296680677
Contact Us
Real Estate

SAP Bank Communication Management

Streamline and secure banking communications with SAP Bank Communication Management, ensuring efficient payment processing and enhanced financial control.

Business Overview

  • One of the fastest growing regional full-service real estate firms that has several iconic developments in the residential, hospitality and commercial sectors.
  • Implementation of SAP S/4 HANA Bank Communication Management and Multi-Bank Connectivity
    • Business challenges:
    • Hybrid (mostly manual) and complex payment processing
    • Disparate Banking Interfaces
    • High operation costs
    • Inefficient workflows with slow processing times for payments, collections, and bank statements.
    • High risk of errors due to manual data entry and lack of automation.
    • Limited visibility into cash flow due to slow and inaccurate bank account information.
    • Difficulty complying with financial regulations due to manual processes and lack of audit trails.
    • Increased risk of fraud due to insecure communication channels and lack of controls.
    • Difficulty in Scaling Operations

Solutions Offered

Payment Formatting

Generated  Payment Files in Bank Specific Format

Payment Authorization

Grouping and approval of Payments in BCM with Digital Signatures .

Bank Integration

Integration with Multi-Bank Connectivity for SWIFT integration

Setting up of EBS

It involved configuring the electronic banking system for seamless transaction processing and reporting

Technologies Leveraged

  • SAP S4 HANA on Cloud 
  • BCM Functionality on Cloud

Business Benefits

70%

Improvement in batch-processing time

40%

Reduction in overtime costs

80%

Faster report execution, saving time for users and managers

75%

Improvement in period closure reporting (from 8-10 days to 2-3 days)

More Benefits

  • Streamlined Workflows: Automated tasks like payment initiation, file format conversion, and message exchange with banks, reducing manual effort and processing times.
  • Reduced Errors: Automated data validation and eliminates manual data entry, minimizing errors and improving data accuracy.
  • Fully integrated Bank Communication Management and Multi-Bank Connectivity
  • End to end process automation of Bank transactions;
  • Encryption and Digital Signatures, regulatory Compliance and reduced Risk of Fraud
  • Complete visibility and control on cash flow; Real time end to end tracking and visibility
  • Improved cash flow management,
  • Reduced efforts and cost due to automation.
  • No down time for MBC ( sap cloud); Centralized management
  • Enhanced Relationships with Banks: Streamlined communication and efficient processes foster better relationships with banks.
Shape
CONSULTING EXCELLENCE

Build a solution that
wins you more clients.

Increased Efficiency

Our solution employs advanced Object Detection techniques and computer vision algorithms to automate the inspection of steel plates, identifying defects like cracks, scratches, and dents with precision. By streamlining this process, we ensure timely intervention for maintaining high-quality standards in industrial applications.

Improved Accuracy

AI-driven inspections have revolutionized the way errors are identified and corrected in various industries. These advanced systems use machine learning algorithms to analyze vast amounts of data with unprecedented accuracy,

Cost Reduction

By identifying issues at an early stage of production, companies can address them promptly, preventing them from escalating and causing significant setbacks down the line.

Iphone
OUR PRICING

Our affordable pricing plans

we believe in transparency as the foundation of trust with our clients.

Buy a best plan that match your budget

30/year

Premium package

Billed annually

  • 30 Days Free Trail
  • Unlimited Features
  • Easy Data Backup
  • Cloud Database
  • Sync to All Devices
Get started