SAP Cash Application Reviews & Product Details

SAP Cash Application is an intelligent receivables matching solution that leverages embedded machine learning to automate the traditionally manual process of matching incoming payments with open invoices. By continuously learning from historical data and accountant actions, it adapts to customer- and country-specific behaviors, enhancing the efficiency and accuracy of accounts receivable operations. This automation reduces days sales outstanding , lowers total cost of ownership , and allows finance teams to focus on more strategic tasks. Key Features and Functionality: - Flexible Receivable Matching Process: Offers options for automatic posting and clearing, scheduling receivables processing as single runs or recurrent jobs, and matching open items and customers. - Increased Automation with Machine Learning: Continuously learns from accountant behavior to apply insights to future payments, automating and improving the accuracy of the labor-intensive clearing process, and enabling accountants to focus on complex cases requiring manual intervention. - Extraction of Information from Payment Advice: Intelligently classifies regions on documents, identifies and extracts relevant information, and automates the matching of payments to invoices. Primary Value and Problem Solved: SAP Cash Application addresses the inefficiencies and high manual effort associated with traditional cash application processes. By automating the matching of incoming payments to open receivables through machine learning, it accelerates payment processing, reduces DSO, and enhances customer service performance. The solution also lowers TCO by improving operational efficiencies and scales with business growth, supporting shared services and maintaining processing workflows through integration with SAP S/4HANA Cloud and on-premise systems.

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User Insights

Average based on 17 real user reviews.

Avinash Y.

General Manager, Program Management

Small-Business (50 or fewer emp.)

9/6/2021

"Highly efficient tool for managing day to day payments and receivables"

4.5/5

What do you like best about SAP Cash Application?

Payment process is more efficient because of ease in processing from multiple source data, pdf formats etc. Makes it more aspiring Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

It's a perfect blend. Need to use it more to find what else can be done Review collected by and hosted on G2.com.

Recommendations to others considering SAP Cash Application:

Fantastic application which will help you to get rid of all your errors and non value adding manual efforts for managing day to day payments Review collected by and hosted on G2.com.

What problems is SAP Cash Application solving and how is that benefiting you?

Managing daily payment records, Processing bank statements is done at a very fast pace . Payable line item matching is simplified and easy. Review collected by and hosted on G2.com.

Nic B.

LMO Manager

Small-Business (50 or fewer emp.)

4/13/2023

"Easy to use"

5/5

What do you like best about SAP Cash Application?

It was intuitive to use, did not require specialized training Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

There isn't anything I don't like. It has been easy to use and works seamlessly for us. Review collected by and hosted on G2.com.

Victor P.

Owner

Small-Business (50 or fewer emp.)

12/8/2021

"Uses machine learning and automates some (but not all) A/R and A/P matching"

4.5/5

What do you like best about SAP Cash Application?

It is flexible and sometimes surprises the user with its capabilities (machine learning, of course). But it cannot fully replace an accountant matching (or at least monitoring) A/R-to-bank matching. Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

Freeform text (e.g. transaction descriptions) is processed well - but not great; I saw it miss reference numbers (that would have allowed perfect matching, of course - if those were recognized)... Review collected by and hosted on G2.com.

What problems is SAP Cash Application solving and how is that benefiting you?

Automation of A/R and bank matching, some A/P reconciliation (90% is A/R). We were able to speed up the process (by around 20%), increase productivity (2 FTEs now do the work 3 were doing previously) and the number of A/R transaction errors, payment misapplications etc. decreased from 1 in 1000 (roughly) to 1 in 5000 or even better. Review collected by and hosted on G2.com.

Landon J.

Controller

Mid-Market (51-1000 emp.)

12/8/2021

"SAP Cash Application Review"

4/5

What do you like best about SAP Cash Application?

I had used this application at a previous company and enjoyed the capabilities it did provide including automatic posting and matching of cash and enhancing the complete accounts receivable process for our company. Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

As with most SAP items, I still feel like they lag behind on the actual view or user interface of their software. The software is much improved, but I believe other steps can be taken to improve the interface. Review collected by and hosted on G2.com.

Ardit T.

Financial Planning and Analysis Manager

Enterprise (> 1000 emp.)

12/8/2021

"Great tool to review Cash Applied"

3.5/5

What do you like best about SAP Cash Application?

I like the UI, it is self explained and allows user to modify based on business practices. Also the filtering allows you to get a detailed view of the analysis and add more details Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

Sometimes that are glitches with integrations that are hard to overcome and require IT team for simple mapping. Also there are sometimes updates from the source that you are not made aware Review collected by and hosted on G2.com.

Verified User in Automotive

Enterprise (> 1000 emp.)

11/16/2021

"Easen your month-end closing"

4.5/5

What do you like best about SAP Cash Application?

Clearing the payments manually is very hard and time-consuming. It helps us to reduce time while we are doing month-end closing. Also, if you are familiar with SAP tools, it is easy to get used to. Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

The application works as a web extension of SAP, so you have to use it through a browser. It would be much easier if I could use the application as an SAP module. Review collected by and hosted on G2.com.

What problems is SAP Cash Application solving and how is that benefiting you?

At the end of each month, the accounting department needs to clear payments and complete the closing. Month-end closing has tight deadlines, and since the company is managing lots of cash, it is hard to do it manually without errors. SAP Cash Application helped us to clear payments quickly and use our time more efficiently. Review collected by and hosted on G2.com.

Verified User in Capital Markets

Small-Business (50 or fewer emp.)

1/19/2022

Business partner of the seller or seller's competitor, not included in G2 scores.

"SAP : The cash manager"

5/5

What do you like best about SAP Cash Application?

The flow of cash is just seemingly sought out with this software. SAP was just amazing as its other software are as well. The sheer ease of application, never hangs and is just amazing. Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

Just the computing time, if you press a wrong key the software just starts processing in the background for minutes and doesn't give any sign which is really irritating at times. Review collected by and hosted on G2.com.

Rakesh P.

Lead SAP Basis Consultant

Mid-Market (51-1000 emp.)

11/23/2021

Business partner of the seller or seller's competitor, not included in G2 scores.

"SAP cash management"

5/5

What do you like best about SAP Cash Application?

Cash management module is very helpful in managing the cash and other financial aspects. It helps in smooth and auditable process for cash management and transparent Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

It is very complex to setup, require deep knowledge of SAP. Review collected by and hosted on G2.com.

Verified User in Accounting

Mid-Market (51-1000 emp.)

12/18/2021

"Perfect solution -SAP Cash application"

4.5/5

What do you like best about SAP Cash Application?

It helps to improve the accounts reconciliation process for the organization. It provides up-to-date pictures of accounting receivables, which helps manage the resources efficiently. Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

Compared to other alternatives available, the SAP cash application has fewer specifications. However, the SAP cash application is capable of providing solutions for medium size organizations. Review collected by and hosted on G2.com.