Knowledge quiz

It’s time to put what you’ve learned to the test, get 4 questions right to pass this unit.

There are two correct answers.

Enables the integration of payment and statement processes with the company's SAP system.

Offers the ability to directly conduct business with customers through the SAP platform.

Enables end-to-end visibility across the end-to-end bank communication.

Provides a platform for executing stock trading operations.

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Elimination of physical banks and shift to virtual banking

Complete integration and straight-through processing of payment and statement processes

Low transaction fees and low cost of money transfer

Exclusive deals and discounts for transactions

Provision to open multiple bank accounts for a single user

There are two correct answers.

Provides a platform for managing various payment file types, including lockbox, bank statements, payment rejections, and intraday statements.

Gives a detailed overview of individual employee salary accounts.

Acts as a stepping stone for cash position and liquidity analysis in SAP S/4HANA Cloud.

Facilitates setting up of automated regular payments for utilities.

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Facilitates the exchange of international currencies.

Manages and analyzes bank statements to ensure accurate financial reporting.

Tracks individual customer purchases and behaviors

Assists in the digitization and automation of bank statement document management.

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API, HTTPS, XML

SWIFT, API, Host2Host

SCTP, PPP, ARP

SWIFT, UDP, TCP