Oracle®
Payables, an expenditure management tool, streamlines your
procure-to-pay process while providing strong financial
controls and strategic financial information. Oracle Payables
is part of the Oracle E-Business Suite, an integrated set
of applications that are engineered to work together.
Streamline
Accounts Payable Processing
Streamlining
routine accounts payable transactions, such as invoice processing
and supplier inquiries, dramatically reduces procurement
cycle times and lowers administrative costs. Free your accounts
payable professionals from administrative tasks, so they
can spend more time on higher value-added activities like
audit, control, and expenditure analysis.
Invoice
Processing
Automate invoice processing by taking advantage of features
that support electronic processing. Oracle Payables supports
industry standard electronic data interchange (EDI), XML
messages, evaluated receipt settlement (ERS), and business-to-business
e-commerce. By eliminating the need to receive and manually
process invoices, you can work more closely with your strategic
suppliers. Use workflow and approval rules to automatically
route invoices for review and authorization.
Easily
manage recurring payments for ongoing business needs, such
as office space and utilities, with Oracle Payables. Or
take advantage of integration with Oracle Property Manager
to have your real estate department automatically send approved
property lease payments to Oracle Payables for payment.
For those suppliers who continue to use paper invoices,
use the Oracle Payables Invoice Gateway for routine invoice
processing. Use a simple window for data entry, which you
can easily customize for your unique requirements. All fields
within the window can be moved, renamed, or hidden as needed
to support streamlined data entry.
