Oracle Fusion Financials - Accounts Payables

What you'll learn
Configuring Oracle Fusion Financials Payables Module
How to enter variety of invoices
How to create Payments for invoices
Reconciliation with General Ledger
Requirements
Basic knowledge of Oracle Fusion
Description
Oracle Fusion Payables is a comprehensive module within the Oracle Fusion Cloud Financials suite that automates and streamlines the end-to-end accounts payable process. It enables organizations to manage supplier invoices, payments, and expense reimbursements efficiently, while ensuring compliance with internal policies and external regulations.The module supports multiple invoice types including standard, credit memos, and prepayments, and offers flexible methods for invoice capture, such as manual entry, spreadsheet upload, and intelligent document recognition (IDR) for scanned invoices. Seamless integration with Oracle Procurement and Projects ensures accurate and timely invoice matching and approval workflows.A key strength of Oracle Fusion Payables is its automated invoice validation and approval process, which reduces errors and ensures timely processing. The system supports three-way and two-way matching, helping to prevent overpayments and duplicate payments.The module enables organizations to manage global payments across multiple legal entities and currencies, offering strong support for centralized payment processing, payment terms, and bank integration. It also supports diverse payment methods such as electronic funds transfer (EFT), checks, and virtual cards.Oracle Fusion Payables provides real-time visibility into liabilities, cash requirements, and supplier performance through robust dashboards and analytics. Built-in controls and audit capabilities ensure data accuracy and policy compliance.In summary, Oracle Fusion Payables enhances operational efficiency, strengthens financial control, and optimizes cash flow management through intelligent automation and seamless integration with enterprise systems.
Who this course is for
Implementers and end users of Oracle Fusion Financials
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