Oracle Payables improves margins, instills corporate and fiscal discipline, and optimizes business relationships.
Enhance Value by Combining With The Entire Oracle E-Business Suite Oracle Payables works seamlessly with other Oracle E-Business Suite products to drive better decision-making, sustainable financial discipline, regulatory compliance, and optimized business processes at the lowest cost.
Lower Costs Automate invoice processing using a variety of tools including Electronic Data Interchange (EDI), XML messages, Evaluated Receipt Settlement (ERS) and business-to-business e-commerce. Eliminate paper with Transcepta's unique electronic invoicing solution that works seamlessly with Oracle solutions. Control cash flow, minimize errors, and eliminate inefficiencies by using specialized payment tools.
Instill Corporate and Fiscal Discipline Enforce business rules to lower exposure to fraud, error, and unauthorized payments. Automate the routing and approval of invoices according to the unique requirements of your business. Leverage joint controls with other E-Business products such as Oracle Purchasing and Oracle General Ledger.
Improve Business Relationships Oracle Payables works with iSupplier Portal to help suppliers enter and check the status of their own invoices. Employees also benefit from Oracle Payables when it is used with Oracle Internet Expenses to provide employees with multiple ways to submit expense reports.
Grow Globally International business requirements including foreign-currency transactions, global tax regimes, and future dated payments can be easily managed. To meet country-specific statutory requirements, Oracle Payables supports automated calculation and accounting of partially recoverable and non-recoverable value-added tax, sales and use tax, withholding tax, and regional and local taxes.