Integrated Trade Finance for Oracle Fusion ERP
Partner product overview
Integrated Trade Finance for Oracle Fusion ERP provides joint J.P. Morgan Supply Chain Finance and Oracle clients streamline connectivity to the bank without a resource intensive technology project, enabling the buyer client to meet their working capital objectives faster. As clients are looking for embedded banking services which are native to Oracle Fusion Cloud ERP, the offering reduces the friction points that are typical for a Supply Chain Finance implementation. Treasurers are able to achieve their working capital targets without the hassle of modifying existing AR or AP processes. In addition, procurement teams benefit from the expert payment terms advisory and dedicated execution team for successful utilization of the program.
Benefits with J.P. Morgan
- Eliminate weeks of technical integration work with ”out of the box” capabilities
- Achieve working capital goals through a payment terms extension and offering your suppliers to get paid early at advantageous rates.
- Automatically connect and send approved invoice information in the designed format without the need of a long expensive technology project.
- Suppliers are provided with a platform to view their early payment offers; however they are not obligated to discount.
- Processing file acknowledgments are natively shown to the users within Oracle Fusion.
- Prior business accounts payable processes remain unchanged.
Solution availability
- NAMR
- APAC
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).