Analyze Collections Success
Application component: Fiori UI for Contract Accounts Receivable and Payable
App type: Transactional, Analytical
Line of business: Finance
Leading industry: Cross Industry
Solution capability: Contract Accounting (S/4)
Description: Note that you can only use this app if one of the business functions of an FI-CA industry is active in your system. Contract Accounts Receivable and Payable (FI-CA) is a subledger that is set up for companies with a high end customer base and a need for processing mass data (B2C). Therefore, FI-CA is used by the industries Utilities (IS-U), Telecommunications (IS-T), Financial Services Collections & Disbursements (FS-CD), Public Sector Collection and Disbursement (PSCD) as well as by an industry-independent FI-CA solution (FI-CAX). This app only provides data for postings in FI-CA and does not provide any information if you only use FI-AR/AP.Using this app, you can display an overview of the collection success (in percent*) over a specific time frame or for various collection strategies and collection steps.This application is available for the role Accounts Payable and Receivable Manager (FI-CA). *In Contract Accounts Receivable and Payable, you can specify whether success is to be determined by you for the selected dunning procedure for Collections Management. By using this success valuation, the extent to which the dunning items have been paid is checked and whether a payment that is close to the issue date of the last dunning notice that could foresee the dunning transaction as the reason for the payment. The result of the analysis is a success rate in percent that is assigned to the relevant dunning notice.
Within this Fiori application Accounts Payable/Receivable Manager (FI-CA) who might need among others to identify revenue leakages and improve cash-flow will be provided with an overview of the collections success (in percentage) within a certain time frame or related to a various collection strategies and dunning activities.
Business roles: Accounts Payable and Receivable Accountant (FI-CA)| Administrator - Accounts Payable and Receivable (FI-CA)| Reconciliation Specialist - Accounts Payable and Receivable (FI-CA)| Collections Specialist (FI-CA)| Accounts Payable and Receivable Manager (FI-CA)| External Auditor - Accounts Payable and Receivable (FI-CA)
Accounts Payable and Receivable Manager (FI-CA) : 
Minimizes overdue receivables and bad debt losses, analyzes and improves customer payment behavior, and optimizes receivables processing costs.

Reconciliation Specialist - Accounts Payable and Receivable (FI-CA) : 
Is responsible for the reconciliation of Contract Accounts Receivable and Payable (FI-CA) with the General Ledger (FI-GL) and all reconciliation accounts and tax on sales and purchases Clearing accounts.

External Auditor - Accounts Payable and Receivable (FI-CA) : 
Reviews the accounts of organizations to ensure the accuracy and completeness of their financial records. Determines if the financial statements of an organization fulfill all required legal accounting policies, and procedures.

Administrator - Accounts Payable and Receivable (FI-CA): (is an add-on role to the Administrator)
Is responsible for the planning, scheduling and execution of jobs and mass activities within FI-CA, including critical Business processes, such as payment run, payment lot, dunning run. 

Accounts Payable and Receivable Accountant (FI-CA) : 
Deals with payment and credit clarification of B2B and B2C customers and works off complex customer requests according account clarification.

Collections Specialist (FI-CA) : 
Deals with the collection process in the company including contacting individuals who have defaulted on debts and/or who have not paid past-due bills to discuss the handling of the overdue items (e.g. using payment agreements).