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What is Bank Communication Management

SAP Bank Communication Management is used for multiple bank communication interfaces, enabling to connect to your bank track the entire payment life cycle, BCM manages the payment approvals, Payment status monitor and bank statement monitor also.

With BCM single or multiple payment runs can be presented and monitored in payment status monitor and this, monitor serves as repository of incoming status message from swift and form individual banks.

With BCM several payment runs can be merged as batches, approval/Reject cab be done at batch level or payment document level also.

What are the advantages of BCM:
  • Reduction of manual efforts ensures the payments processing is automated.
  • Reduce cycle and payment processing
  • Common interface of payment processing when there are dealing with multiple banks.
  • Payment runs are batched based in various criteria predefined in the system configuration.
  • Workflow based approval system ensures that the payments are routed through a proper channel with.
  • Minimum of manual efforts.
  • Payment file is generated upon the final authorization and can be sent to bank directly using BCM.
  • Single point of reporting tool for the status of payment showing clear visibility to the stake-holders.

What are the Features of BCM;

  • Payment Authorization
  • Payment acknowledgement
  • Payment Grouping (Merge Payments)
  • Payment Status Monitor
  • Bank Statement Monitor
  • Display Incoming System Statement
  • Batch and Payment monitor
  • Define alerts
  • Upload the payment report status.
  • Digital Signature.
  • Cross Payment run payment run payment media.


  The existing SAP functionality “Automatic Payment Program” is utilized by the client for processing payments to multiple vendors efficiently. However, despite its usage, certain specific requirements of the client remain unmet. These additional requirements necessitate the incorporation of supplementary features within the existing functionality to enhance its effectiveness and ensure it aligns seamlessly with the client’s needs.

Bank Communication Process Flow

 In our exploration of potential solutions, we carefully evaluated various options including Treasury Management Systems (TMS), Cash Management Systems, API Banking Solutions, and others. After thorough consideration, we concluded that the Bank Communication Management (BCM) system would best align with the client’s needs and objectives, offering comprehensive functionality tailored to streamline their communication and transaction processes with financial institutions

This proposed functionality was meticulously designed to cater to the specific needs articulated by the client, addressing their day-to-day operational demands effectively.

The Bank Communication Management system we suggested serves as a centralized platform for managing and streamlining all communication processes related to banking operations. This includes facilitating seamless interactions between the client’s organization and various financial institutions, optimizing transactional workflows, and ensuring secure and efficient communication channels.

By implementing this BCM functionality, we aimed to enhance the client’s ability to manage their banking activities with greater ease, accuracy, and efficiency. It provides them with the tools necessary to monitor and control financial transactions, access real-time information, and maintain compliance with regulatory standards.

Overall, the proposed Bank Communication Management functionality not only meets the immediate requirements of the client but also positions them for long-term success by providing a robust infrastructure to support their evolving banking needs.


Management (BCM) functionality can vary depending on several factors including the complexity of the client’s requirements, the scale of the project, the availability of resources, and the chosen technology stack. However, here’s a generalized overview of the typical stages and timeline for such an implementation:

  1. Requirement Gathering and Analysis (2-4 weeks);

This phase involves in-depth discussions with the client to understand their specific needs and objectives. It includes gathering requirements related to communication processes, security measures, integration with existing systems, compliance needs, etc.

  1. Solution Design and Planning (2-3 weeks);

Based on the gathered requirements, a comprehensive solution architecture and implementation plan are developed. This includes defining the scope of the project, outlining the functional and technical specifications, identifying potential risks, and creating a project timeline.

  1. Development and Customization (6-10 weeks);

The actual development of the BCM functionality takes place in this phase. It involves designing and coding the software components, integrating with third-party systems if required, implementing security measures, and customizing the solution to fit the client’s specific needs.

  1. Testing and Quality Assurance (4-6 weeks);

Rigorous testing is conducted to ensure the reliability, performance, and security of the BCM system. This includes functional testing, integration testing, security testing, and user acceptance testing (UAT). Any issues or bugs discovered during testing are addressed and resolved.

  1. Deployment and Implementation (2-4 weeks);

Once the BCM functionality has been thoroughly tested and validated, it is deployed into the client’s environment. This involves configuring the system, migrating data, training end-users, and establishing support mechanisms.


After or Post Implementation:

 After deployment, ongoing support and maintenance are provided to ensure the smooth operation of the BCM system. Additionally, continuous optimization efforts may be undertaken to enhance performance, add new features, or address evolving business needs.

Overall, the entire implementation process for the BCM functionality typically takes around 4-6 months, but this timeline can vary based on the specific project requirements and circumstances. It’s crucial to maintain clear communication with the client throughout the process to manage expectations and ensure successful delivery

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