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Letter of credit and bank guarantee tracking and alert mechanism

edited Jul 31, 2019 12:01PM in Payables, Payments & Cash Management 3 comments

Summary

Letter of credit and bank guarantee tracking and alert mechanism

Content

Letter of credit and bank guarantee tracking and alert mechanism .

We are a group of company across various industry segments currently configuring Oracle Cloud ERP/SCM.

 

In our business we make multiple payment using letter of credit and using bank guarantee for receivable purpose. and we would like track the progress or history of both of these document. like when it got open how much has already been used , what is the expiry date. also would like to have an alert mechanism if these document are going to get expire in next 10 days. is it possible to manage these all activity , history and alert mechanism in Oracle ERP Cloud.

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