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PLAID Integration

edited Sep 11, 2024 10:15AM in Supplier Management 1 comment

Summary:

We are currently working on a project to integrate with PLAID software to get Supplier’s bank account details and update Supplier record in Oracle Fusion. In current process, getting Supplier’s bank account and updating is manual process. Through integration to PLAID to (our Supplier Management system) GEP and Oracle, we plan to automate bank account update process.

Content (please ensure you mask any confidential information):

Our current process to collect supplier's banking info for ACH payments is manual and very cumbersome, we are currently looking at integrating with PLAID for suppliers to do bank authentication and backend system can then collect banking info. I wanted to know if Oracle Fusion Payables has any inbuilt integration with PLAID or any other banking tool. Also curious how other clients are doing this step as its sensitive information.

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