Difference between FICO, FICA and FSCM

[Former Member]

Helllo Everyone

Can any one please clarify for me what is the difference in capability amongh FICO, FICA and FSCM.

Is FICA and FSCM sub-modue for FICO or just completle new module. I am trying to understand what new functionality FICA/FSCM bring .

Thanks

help.sap.com

[Former Member]

Hi,

FI-CO is Financials and Controlling and other are FI-CA and FSCM are different modules and below are the details about those.

About FI-CA

FI-CA is a module for running Contract Accounts and used for Utilities in cooperation with IS-U module

Read more: http://help.sap.com/saphelp_fica471/helpdata/en/7b/834f3e58717937e10000000a114084/frameset.htm

http://wiki.answers.com/Q/Is_sap-fica_correct_or_sap-fico_correct#ixzz1T5GwWGQ5

About FS-CM (Financial Supply Chain Management)

Read More: http://help.sap.com/saphelp_erp60_sp/helpdata/en/89/f49f3b1e604aa88c492005122daeba/frameset.htm

The SAP Financial Supply Chain Management (SAP FSCM) set of applications provides a complete, integrated solution for managing electronic customer billing disputes, receivables, collections, and customer credit risk. SAP FSCM helps you more effectively control your company's accounts receivable processes and ensure cash flows through online billing, more streamlined handling of billing disputes, and collections.

Complete integration with core SAP ERP applications ensures that your receivables and collections professionals have the most up-to-date data. So they can resolve issues quickly u2013 resulting in accelerated cash flow and lower operating expenses.

SAP FSCM includes the following applications:

Credit management

Employs sophisticated tools to analyze customer credit worthiness and establish policy

Helps you avoid overdue accounts and bad debt losses by proactively managing customer credit risk exposure

Electronic invoicing and payments

Enables customer access to invoices, account status, and payment information over the Internet

Integrates seamlessly with your existing customer or supplier facing portals

Dispute management

Resolves invoice disputes faster and more systematically

Reduces days sales outstanding (DSO) and improve cash flows

Collections management

Enables the more effective management of past due accounts

Ensures faster collection of delinquent payments though prioritized collections efforts.

Hope this clarifies,

Som.