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Payment Document Managment Comparison - Essay Example

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Payment document management often allows an individual to enter purchasing and sales transactions by utilizing payment methods other than cash, credit card or check. The documents can often be submitted for discounting and collection at the bank as well as assessing the risks…
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Payment Document Managment Comparison
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Download file to see previous pages Users enjoy access to work and collaborate on corporate, personal and business content. Utilizing SAP mobile platform to deploy and build mobile application that help to keep individuals connected. SAP program is a mobile application platform that solves mobility challenges as well as supporting mobile application that fit the business to consumer or business to enterprise use case and helps balance device the requirement of the user with enterprise requirement (Klamm, Bonnie and Joann, 21). The paper will discuss payment document management through utilization of SAP ECC 6.0 and Microsoft Dynamics GP10.
Payment document utilizes the information present in the receivable management and payment management modules and updates the bank reconciliation and general ledger module by utilizing SAP program and Microsoft dynamic GP 10. In the past years, the increase in complexity of the products has resulted to the creation of development tools that are increasing complex, such as more advanced production processes and computer aided design such as computer aided manufacturing systems. Computer aided design system and computer aided manufacturing system tools have been utilized to optimize production quality and times. As the process become more complex, the systems utilized for the management of technical document entails the need for it to more sophisticate. The many procedures describing products such as texts and design drawing means that there is huge increase in the data that has been stored digitally. The availability and quality of documentations is becoming increasingly significant. The management of the various documents under the SAP system present various advantages that includes linking document management to production systems and computerized development with the aim of avoiding data redundancy, minimizing the work load involved as well as maintaining consistency of data in ...Download file to see next pagesRead More
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