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SAP Cash Application Reviews & Product Details

Ardit T.
AT
Financial Planning and Analysis Manager
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
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.

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

We have been able to significantly reduce our month end close times using this software. It has also allowed us to quickly analyze what is unpaid and how to reforecast Review collected by and hosted on G2.com.

SAP Cash Application Overview

SAP Cash Application Details
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Seller Details
Seller
SAP
Year Founded
1972
HQ Location
Walldorf
Twitter
@SAP
301,811 Twitter followers
LinkedIn® Page
www.linkedin.com
125,049 employees on LinkedIn®
Ownership
NYSE:SAP
Phone
+1 (800) 872-1727
Total Revenue (USD mm)
$27,338
Description

Our business analytics solutions close the gap between transactions, data preparation, analysis, and action, so you can make more informed decisions.

Recent SAP Cash Application Reviews

Victor P.
VP
Victor P.Small-Business (50 or fewer emp.)
4.5 out of 5
"Uses machine learning and automates some (but not all) A/R and A/P matching"
It is flexible and sometimes surprises the user with its capabilities (machine learning, of course). But it cannot fully replace an accountant matc...
Nic  B.
NB
Nic B.Small-Business (50 or fewer emp.)
5.0 out of 5
"Easy to use"
It was intuitive to use, did not require specialized training
Avinash Y.
AY
Avinash Y.Small-Business (50 or fewer emp.)
4.5 out of 5
"Highly efficient tool for managing day to day payments and receivables"
System makes simple to handle large number of payments simultaneously that are processed at different locations
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SAP Cash Application Media

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16 out of 17 Total Reviews for SAP Cash Application

4.1 out of 5
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G2 reviews are authentic and verified.
Nic  B.
NB
LMO Manager
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
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.

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

During the height of COVID-19, cash was tight. SAP Cash application helped us understand exactly where we were so there were no surprises week to week. Review collected by and hosted on G2.com.

Avinash Y.
AY
General Manager, Program Management
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about SAP Cash Application?

System makes simple to handle large number of payments simultaneously that are processed at different locations Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

Report creation process is easy but additional options from respective companies reporting requirements will help better 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.

Victor P.
VP
Owner
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
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.

LJ
Controller
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
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.

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

We were simply trying to improve the output or efficiency of our employees and needed software to speed up the cash application process. We felt like this software did help us to do that. Review collected by and hosted on G2.com.

Verified User in Automotive
UA
Enterprise(> 1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
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
UC
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about SAP Cash Application?

The flow of cash is just seemingly sought out with this software. SAP was just amazin g as it's other softwares 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.

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

All the Cash flow management. Profits and Assests, Salaries are all computed with great ease via this software. Review collected by and hosted on G2.com.

Rakesh P.
RP
Lead SAP Basis Consultant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
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.

Recommendations to others considering SAP Cash Application:

Go for it blindly. Review collected by and hosted on G2.com.

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

It helps us managing cash, banking and liquidity. We keep the trace of all financias, UI is best. Review collected by and hosted on G2.com.

Verified User in Accounting
UA
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
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.

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

It helps our organization for automatic posting to the ledger and reconciling balances. Also, it provides the best solutions for account receivable and Payable processes. Review collected by and hosted on G2.com.

LB
A
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about SAP Cash Application?

Efficiency, Automation, Price is fair and reasonable Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

A bit complex for average person to understand Review collected by and hosted on G2.com.

Recommendations to others considering SAP Cash Application:

Ensure set up the program correctly and set up the automation to benefit the most from the application Review collected by and hosted on G2.com.

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

Reduced manual processing Review collected by and hosted on G2.com.

Verified User in Consumer Goods
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about SAP Cash Application?

I think I like it is part of SAP so SAP data can be flowed into cash applications easily and in real-time basis. I think it is very helpful for SAP user Review collected by and hosted on G2.com.

What do you dislike about SAP Cash Application?

SAP is one of the comprehensive ERP systems in the market now, so it has preset rules must to follow and sometimes it is not felixble to tie in with business operation Review collected by and hosted on G2.com.

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

Customer is a group customer but has different subsidiaries and one payment for multiple accounts. SAP could custom apply rules, but it needs to build those rules in the system Review collected by and hosted on G2.com.