T|A|C Events' "SAP User Insights January 2023" presents a case study detailing how Otto Group, an international e-commerce and service group, addressed its complex financial challenges. With decentralized operations leading to low standardization, poor central controls, and high security and compliance risks in payment transactions, Otto Group sought improvement. The solution implemented was an SAP S/4HANA Payment Factory Target Operating Model, built on a suite of Treasury applications. This initiative aimed to standardize and simplify payment processes, resulting in increased automation, enhanced process reliability, reduced manual efforts, improved fraud prevention, and better compliance. Additionally, it provided greater cash flow transparency and optimized working capital management f

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