Credit management supports your company in determining the risk of bad debt towards your business partners at an early stage and in making credit decisions efficiently and partially automatically. With the introduction of S/4HANA, it is mandatory to use the new Credit Management in Financial Supply Chain Management (FIN-FSCM-CR). The user now has only one application at his disposal that is comprehensively integrated and operates across systems. Classic credit management (FI-AR-CR) is no longer supported. When switching to S/4HANA, it is important to ensure that your company's credit management data - business partners, master data and the transfer/update of open items from FI-AR - is transferred.
The changeover to the new credit management solution will result in decisive advantages for your company:
Depending on your existing solution in the ERP system, you have to plan appropriate activities for a change to S/4HANA.