This case study details how Mercedes-Benz Mobility AG, a global financial services provider, addressed the significant challenge of manually reconciling high volumes of unallocated payments, a process consuming excessive staff hours. Their existing system, while automated for basic matching, struggled with incomplete or incorrect payment information. To enhance efficiency and speed, the company implemented the SAP Cash Application Add-On, leveraging artificial intelligence and machine learning. This solution enabled automated matching of previously manual unallocated payments. The case study highlights the transformation in payment management, allowing accounting teams to reallocate time from repetitive tasks to more strategic activities, thereby improving overall operational efficiency in

Join for free to read