AP Invoice file for Deutsche Bank

Summary

AP Invoice file for Deutsche Bank

Content

Has anyone worked with Deutsche Bank to provide them an AP invoice file?  We have a requirement to pay a few of our suppliers via Deutsche Bank.  These suppliers will send us AP invoices.  Once these AP invoices are validated, we need to send these validated invoices to Deutsche Bank (prior to payment term).  Deutsche Bank will ultimately pay these AP invoices.  These suppliers can request payment from Deutsche Bank when the supplier wants to receive payment.

 

We then pay Deutsche Bank from Oracle Cloud Payables at the AP invoice term (example - Net 60 payment term) for those supplier AP invoices that were sent to Deutsche Bank weeks earlier.  We have Deutsche Bank set up as a factor for these suppliers.