This productized integration represents significant business value for utilities that must summarize financial transactions for accounts receivable and accounts payable data within the master financial books of record.

Many utilities choose Oracle E-Business Suite Financials for General Ledger and Accounts Payable as the foundation for corporate financial accounting. Many also choose Oracle Utilities Customer Care and Billing to address changing regulatory and market conditions and to meet the complex needs of residential, commercial, and industrial customers.

The prepackaged integration between these leading applications ensures seamless automated flow of financial transactions. The integration also makes relevant financial information visible from a single application. Key business processes that are automated by the integration include processing of customer refunds to Accounts Payable and providing updated and accurate Accounts Receivable records to the General Ledger.

By leveraging this integration, project implementation costs, duration and risk can be lowered, reducing the need to define requirements, construct designs, and then build and test custom code. Further, productized integration ensures ongoing vendor responsibility for the update of integration, resulting in lower total cost of ownership.

By utilizing best practices and best-in-class Oracle Fusion Middleware, Oracle delivers an adaptable end-to-end solution that improves enterprise control and visibility of financial transactions.

Oracle BPEL Process Manager, an Oracle Fusion middleware product, is used to coordinate the data flow and data mapping of the integration. Oracle BPEL Process Manager provides a comprehensive solution for creating, deploying, and managing cross-application business processes with both automated and manual workflow steps.

This is a bi-directional integration. Data is sent from Oracle Utilities Customer Care and Billing to Oracle E-Business Suite for General Ledger and Accounts Payable and vice versa to support both Customer Refund and General Ledger Consolidation business processes.