OCR Recognition of Payment Advice with the SAP Cash Application

Automatic Payment Advice Import

The SAP Cash Application is offering, for the first time, SAP-integrated OCR recognition for incoming payment advice from your business partners.

Payment advice in PDF or image file format that is received from your business partners can be converted automatically into the SAP spreadsheet format required for further processing using SAP Cloud-based OCR recognition. You can either use a modern Fiori app for bulk uploads or opt for automatic processing of all e-mail attachments. This represents an important element of fully automated bank statement processing, which can be realized with the SAP Cash Application in the S/4HANA system. 

If you would like to learn more about the possibilities of the SAP Cash Application, our experts will be happy to help you.