What is partner in SAP FIN-FSCM-BC - Biller Consolidator?

SAP Term: partner

• Component: FIN-FSCM-BC

• Component Name: Biller Consolidator

• Description: Describes all organizations or persons participating in SAP . These include the biller invoicing party and the customer bill-to party or invoice recipient as well as financial institutions and trustees. &EXAMPLE& The participating billers are the partners of the Biller Service Provider BSP, and the participating customers are the partners of the Consolidator or Customer Service Provider CSP.

Smart SAP Assistant

• Key Concepts: 
  A partner in the context of SAP FIN-FSCM-BC Biller Consolidator is an entity that is responsible for the collection and payment of invoices. Partners can be banks, financial institutions, or other companies that are responsible for the collection and payment of invoices. 
  
  How to use it: 
  In order to use a partner in SAP FIN-FSCM-BC Biller Consolidator, you must first create a partner profile. This profile will contain information about the partner such as their name, address, contact information, and any other relevant information. Once the profile is created, you can then assign invoices to the partner and they will be responsible for collecting and paying them. 
  
  Tips & Tricks: 
  When creating a partner profile in SAP FIN-FSCM-BC Biller Consolidator, make sure to include all relevant information about the partner. This will ensure that the partner is able to collect and pay invoices accurately and efficiently. Additionally, it is important to keep the partner profile up to date with any changes in contact information or other relevant information. 
  
  Related Information: 
  For more information on partners in SAP FIN-FSCM-BC Biller Consolidator, please refer to the official SAP documentation. Additionally, there are many online resources available that provide detailed tutorials on how to use partners in this software.