Oracle Modern Best Practice for Banking—Finance

Accelerate Cash Position Management
Accelerate Cash Position Management

Banking Transactions to Cash Position

Modern, data-driven reconciliation processes allow banks to focus on optimizing their cash positions and mitigating currency risk. With Oracle Modern Best Practice, daily interfaces with external institutions and in-house core systems automatically compare records, adjust fees, and align daily balances. Mobile, social, and analytics help ensure an efficient close and error-free account reconciliation of statements and balances to bank transactions. Take advantage of the cloud for an easy platform to securely socialize bank transactions.


Review Activities
Mobile. Analytics. Social. icon Mobile. Analytics. Social.

Review Activities

Review automated aggregation of disbursements, payroll, collections, investments, and borrowing. View highlighted differences and variances to plan via secure, role-based dashboards.



Bank Validation
Create Bank Transactions icon Mobile. Analytics. Social.

Bank Validation

Daily interfaces with external institutions and in-house core systems featuring automatic comparison of records and automatic adjustment of fees and minor differences. Align daily balances.


Manage End of Period Positions
Mobile. Analytics. Social. icon Mobile. Analytics. Social.

Manage In-house Banking Services (Optional)

Centralize subsidiary payment and collection processing. Manage transactions, interests, and fees netting among accounts. Facilitate intercompany lending and borrowing. Provide account statements.


Initiate Interbank Activities
Mobile. Analytics. Social.  icon Mobile. Analytics. Social.

Initiate Interbank Activities

Execute global cash management. Optimize balances across domestic and vostro and nostro accounts. Comply with cross-border taxation and regulation. Review account positions in real time.


Manage End-of-Period Cash Positions
Mobile. Analytics. Social.  icon Mobile. Analytics. Social.

Manage End-of-Period Cash Positions

Automated month-end statement reconciliation. Balance sheet optimization with automatic updates to forecasts and plans.



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