Reconciliation of Fusion Financials to Oracle Flexcube

Summary

How to automate the payment and reconciliation process between the Fusion financial applications to the Oracle FLEXCUBE Core Banking application.

Content

 

Problem Statement:

As part of the Oracle Fusion Financial Cloud Applications implementation project for a Banking Group, there is a requirement to automate the payment and reconciliation process between the Fusion financial applications (Accounts Payables and Accounts Receivables) to the Oracle FLEXCUBE Core Banking application.  Below are the requirements that must be met by the proposed solution:

 

1. The Accounts Payables and Accounts Receivables operations will be managed from the Fusion Cloud Applications and will integrate with FLEXCUBE to affect the payments using pre-determined bank accounts.