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Configuring SAP® ERP Financial and Controlling by John Burger, Peter Jones

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Biller Direct

Biller Direct is a relatively new functionality, offered only with mySAP ERP (SAP 5.0). It is SAP’s solution to electronic invoicing and payment collection. At first glance this may not seem like an exciting development, but this application offers a business many advantages and operating efficiencies. SAP achieves this by linking AR and AP to a web-based tool that can both present invoices to customers and allow customers to process payments online.

The efficiencies that you can derive from Biller Direct start with the processing of invoices electronically. Instead of having to mail an invoice to your customer, your customer now receives the invoice instantaneously. The savings are threefold. First, Biller Direct reduces the cost ...

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