Entity Management

Federal agencies interact with external entities as a routine part of their business operations. Agencies make payments to some entities, such as suppliers, and receive payments from others, such as customers. Entities are referred to as parties in Oracle Fusion.

Oracle Fusion's standard supplier and customer functionality supports these business relationships, with the addition of federal-specific attributes required to meet government requirements.

Federal agencies use the General Services Administration’s System for Award Management (SAM) as the authoritative source for importing and maintaining both supplier and customer records. This integration helps ensure entity information remains correct, consistent, and compliant with federal standards.

The following table describes how U.S. Federal Financials enhances entity management activities:

Entity Management Activity	U.S. Federal Financials Feature
Define federal attributes	Supplier and supplier site attributes. Customer attributes.
Manage entities	System for Award Management (SAM)
Update Trading Partner TAS	Party Default Trading Partner TAS Update Process Supplier Trading Partner TAS Not Found Report