Description

Oracle Payables is a financial management solution designed for supply chain teams. It enables users to automate invoice processing using a variety of tools including Electronic Data Interchange (EDI), XML messages, Evaluated Receipt Settlement (ERS), and business-to-business eCommerce, streamline the routing and approval of invoices according to the requirement of business, create supplier records from external sources, as well as match credit and debit memos to purchase orders. Features include procure-to-pay optimization, support global accounting and tax requirements, self-service inquiry of invoice and payment status, and built-in policy enforcement.