1.2.4 Integrations

Oracle Banking Digital Experience

Service API Enhancements

Service APIs have been enhanced to expose the new and revised capabilities to external channels:
  • Charge Inquiry Service APIs: Provide online and deferred charge details, outstanding deferred amounts, full and partial liquidation information, and reversal details.
  • Interest Simulation API: Calculates and returns the applicable interest before a finance transaction is submitted.
  • Charge Simulation APIs: Calculate applicable charges for Invoice, Purchase Order, and Finance events before transaction submission.
  • External Account Mapping APIs: Support mappings applicable to all events or to individual events. An event-specific mapping takes precedence over an all-event mapping.
  • Account Onboarding and Modification APIs: Support the onboarding and modification of internal and external settlement accounts, including the applicable bank-authorization workflow.
  • Finance Initiation APIs: Support Invoice and Purchase Order financing with a user-specified finance currency and finance amount. The applicable exchange rate is derived and populated by the application.
  • Transaction Advice APIs: Provide generated transaction advices to external channels for display, download, or printing.
  • Anomaly Inquiry APIs: Provide invoice anomaly status, review classification, remarks, and related anomaly information to external channels.
  • Open Account Direct Transaction APIs: Support the creation and inquiry of Open Account Direct payment transactions, including transactions for which financing is requested.
  • Structured and Hybrid Address Support: Applicable service APIs support structured and hybrid party-address information introduced across Supply Chain Finance and Receivables.
  • AML Screening Integration APIs: Support AML screening for Finance and Open Account Direct transactions through OBRH and make the screening response available to the transaction workflow.

Accounting Integration with Multiple Accounting Systems

Separate OBRH routing configurations are available for CASA and GL accounting entries. Based on the accounting-system configuration, the application segregates the entries and routes each category through the corresponding OBRH integration to the designated accounting system.

ELCM API Versioning Adoption

The existing ELCM integration has been enhanced to adopt the latest API version through OBRH, ensuring compatibility with the updated ELCM interface.

AML Screening Integration for Finance and Open Account Direct Transactions

Oracle Banking Supply Chain Finance integrates Finance and Open Account Direct Payment transactions with the configured third-party AML screening provider through Oracle Banking Routing Hub. Transaction data is submitted for screening, and the provider response is returned to the Compliance Check stage for automated routing or manual review.