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recurring retirement allowance payments

in Payables, Payments & Cash Management 4 comments

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Hi,

I work for an insurance company and we need to do recurring payments of retirement allowances: i see that ad-hoc payments in Oracle Cash Management could be a solution... but as we will have several hundred of payments per month to do and as ad-hoc payments are manual (it seems to not have any web service, FBDI or API to create ad-hoc payments in bulk), it's not really applicable to us...

I have also seen the option of one time payments which can be created in batch through FBDI but it will create invoices and in fact, we don't really require invoices for those type of payments.

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