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SAP - Payment Terms Harmonizer (Catalog 3) app

The Payment Terms Harmonizer app  for the Procurement process gives category managers visibility of the payment terms for all their suppliers on one platform. You can identify suppliers with suboptimal payment terms and leverage multiple data points to optimize your negotiation strategies.

With the Payment Terms Harmonizer app, you can:

  • Get a consolidated view of all payment terms across multiple organizations and systems for all suppliers.

  • Take data-driven action on the opportunities with the highest impact on working capital and P&L based on transactional and master data combined.

  • Prioritize suppliers by the highest potential benefit relating to suboptimal use of payment terms. Drive efficient negotiation strategies with your suppliers.

  • Explore the potential impact of different payment terms, on P&L and/or FCF, when negotiating with suppliers.

  • Transfer negotiation outcomes to your source system from Celonis.

The app helps you to gain data-driven insights from combined transactional and master data to optimize negotiation strategies for payment terms with suppliers.

The Payment Terms Harmonizer app comes with these views:

  • Payment Terms Harmonizer - this is the main view that business users can use to manage payment terms negotiation. It has three tabs: Vendor, Vendor VAT, and Contracts.Setup and Validation - this is a quickstart view for setup, where you can validate business logic. The parameters you set in this view are automatically reflected in the Payment Terms Harmonizer

  • Value Framing - this is a view where you can frame the value linked to the use case. It has two tabs: Payment Days - FCF, Cash Discount - P&L.

This documentation is for the object-centric Catalog 3 version of the Payment Terms Harmonizer app, which works with objects and events created for object-centric process mining. It uses the perspective_custom_ProcurementSAPECC perspective that’s supplied with our object-centric data model. The perspective includes the objects, events, and relationships from the Celonis catalog that are relevant for the Procurement business process.