Embedded Solutions for Oracle B2B: Banking
Partner product overview
Embedded solutions for Oracle B2B: Banking provides joint J.P. Morgan and Oracle customers a 360-degree view of their financial position to operate their day-to-day business finance effectively. As the first direct embedded banking solution live for Oracle Fusion Cloud ERP, the offering provides integrated banking services for faster bank onboarding, real-time access to banking data, and streamlined outbound and inbound payments which are enabled with turnkey connectivity between Oracle Cloud ERP and J.P. Morgan Payments. Businesses have experienced a significant reduction in bank to ERP connectivity timelines compared to traditional solutions as well as a reduction in technical resources to configure their bank services within their ERP.
If interested in other integrations, you can explore Embedded Solutions for Oracle B2B: Touchless Expense.
Benefits with J.P. Morgan
- Eliminate weeks of technical integration work with ”out of the box” capabilities
- Automate onboarding of bank master data
- Simplify and help automate cash application. Payment advice and remittance information are collated and combined with the lockbox file, eliminating the need for manual entry and application
- Process and reconcile bank statements
- Process payment and acknowledgment files for funds disbursement
- Process direct debit settlement batch and acknowledgment files
Oracle is an American multinational technology corporation that provides products and services which address enterprise information technology (IT) environments. Oracle's complete cloud suite of SaaS applications brings consistent processes and a single source of truth across the most important business functions - including Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM).