SAP In-House Cash

Optimize your intra-group payment transactions

The SAP In-House Cash application allows diversified companies to optimize their intra-group payment transactions by opening an in-house bank. An In-House Cash Center is a virtual bank within the corporate group, with which each associated company has one account or more. For the associated companies, the In-House Cash Center is just another house bank, which they use primarily to process payables and receivables involving other group companies. At the same time, you can set up accounts for external companies that are not associated with the group. This allows them to be included in the netting process.

The In-House Cash Center is used to process all payments between company units, thus keeping cash resources within the group and optimizing how they are applied. This saves on the costs of external netting services and gives you greater flexibility when you process payment netting transactions.

The SAP In-House Cash component allows companies with a diversified organizational structure to minimize the actual flow of cash and therefore reduce bank charges, interest expenses and losses resulting from delays in value-dating payments. It also helps to avoid many of the disadvantages associated with external clearing solutions, such as inflexible procedures with fixed dates and extra costs resulting from manual post processing. By managing accounts centrally, you can assure your company's ability to pay, optimize credit management, minimize interest expenses, and maximize interest revenues.