By Uwe Erdtmann, Finance Line of Business Marketing, SAP

Today, the general availability of SAP Cash Management powered by SAP HANA was announced by Thack Brown, general manager and global head of line-of-business finance at SAP, at the Financials 2015 event in Las Vegas.

The solution is the newest iteration of S-innovations coming from SAP and marks another example of SAP’s journey towards the Future of Finance. It delivers on the promise of real time and simplicity and showcases the innovative potential that comes with S/4HANA in a very sensitive area of finance – cash management.

What Is SAP Cash Management Powered by SAP HANA?

SAP Cash Management powered by SAP HANA is a software solution that helps treasurers and cash managers to simplify and automate their daily cash operations. The solution is part of the integrated set of treasury solutions from SAP, delivering in-memory driven instant insight with an intuitive and device-independent user interface. The solution can be implemented as a component of SAP Simple Finance, either on premise or in the cloud.

To get a first glimpse of how SAP Cash Management powered by SAP HANA helps companies meet these challenges, watch this three-minute YouTube video.

What Differentiates SAP Cash Management from Other Solutions?

SAP Cash Management powered by SAP HANA integrates data from SAP and non-SAP systems into one single source of truth. It provides real-time, drill-down analysis into global bank balances and cash positions, facilitates dynamic liquidity forecasting including cash flow analysis, and enables treasurers to take immediate action with integrated bank account management.

Or, in one simple sentence – the solution can help cash managers tackle challenges in the near, mid, and long term with one single system.

Strong cash management is critical when faced with reduced bank lending and other liquidity challenges. Businesses need cash to operate, and when it can’t be procured easily from the outside, it must be generated and conserved from within.

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