07/09/2021 Other Services
SAP FICA is a sub-ledger accounting system that interacts with financial accounting to correctly record transactions at the client level. SAP FICA is a cross-application component, an industry-specific sub-ledger accounting system used in a variety of industry-specific solutions such as ISU, Telecom, Insurance. FICA supports the following financial processes for the utility.
SAP FICA is integrated with the Billing and, Invoicing module of ISU Security Deposit Management. It refers to the processes involved with collecting and tracking security deposits required from contract partners who are a poor credit risk.
These processes allow the utility to collect security deposits from those customers who represent a risk to the utility, and refund the deposit when it is determined that it is no longer required.
Advantages of FICA:
- High levels of automation that significantly reduce the effort required to complete routine tasks
- Reduction in the average value of accounts receivable as a result of increased efficiency in
receivables management
- Improved customer service due to transparency and simple tracking of activities
- High levels of customer satisfaction thanks to the option of responding to the individual customer
requirements and representing these in the system
- Reduced operating costs due to seamless integration with other my SAP.com solutions
- Employees are motivated by functions that are easy to use in a user-friendly system
To join in SAP FICA Online Training batches, please feel free to call or email us.
Email: sangita@proexcellency.com , info@proexcellency.com
Phone : +91- 9148251978, 08041506795
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