How efficient is your financial infrastructure? Even the best-organised finance departments can often benefit greatly from advanced software solutions for streamlining their incoming and outgoing cash flows. APRO Banking Gateway for Oracle Financials™ is such a solution: a standardized, easy-to-use application that will significantly simplify and expedite communication between your banks and Oracle Financials.
While the standard Oracle E-Business Suite is an extremely useful application, invoice processing is still a labor-intensive process. Manual entry, paper invoices get lost, payments are often overdue and it takes considerable time before every authorized official has actually approved an invoice. This is why APRO developed APRO Imaging: a standard, efficient solution for invoice processing and approval that is fully integrated with Oracle E-Business Suite.
How many repetitive invoices does your finance department receive every day? Processing high-volume invoices, whether manually or even with the help of scanning solutions, is time-consuming. This is why many companies these days prefer receiving electronic invoices: it is quick, easy and efficient, especially with APRO E-Invoicing. The APRO E-Invoicing module is a fully automated and user-friendly application to process all your electronic invoices and is fully integrated with Oracle E-Business Suite.
APRO GL-Account Reconciliation
Are you tired of using Excel to reconcile your GL accounts? It is a complicated, labour-intensive process with a high risk of making mistakes. This is why APRO developed the APRO GL Reconciliation module for the APRO Banking Gateway: a quick, easy and efficient automated solution for reconciling GL accounts that is fully integrated with Oracle E-Business Suite.
Inter-company transactions: a daily recurring headache for many conglomerates, holdings and groups. Making payments to affiliated companies takes a lot of time, not to mention the associated administration expenses, bank fees and currency conversion costs – and the larger the group, the bigger the hassle. This is why APRO developed APRO Multilateral Netting for Oracle Financials™, a user-friendly solution for handling all inter-company transactions in a quick, easy and efficient manner, using a direct link to Oracle Financials.
The check is still a common means of payment for invoices, particularly in the USA. Banks that receive paper checks and associated documents (remittance advices, for example) nowadays scan them into so-called lockbox files, which are then, in turn, sent to the receiving companies. Unfortunately, processing these files is a time-consuming, complicated affair. This is why APRO offers APRO E-Lockbox, an easy, automated application for processing lockbox files to the Oracle E-Business Suite.
The Single Euro Payment Area (SEPA): an initiative by the European Union and European banks to create a European zone within which electronic cross-border payments are considered domestic for time and cost efficiency. To make and receive such SEPA payments, companies need bank accounts with BIC and IBAN numbers. However, manually entering these numbers for every last supplier and customer account is a labour-intensive process that can take months. This is why APRO developed the APRO BIC-IBAN module for the quick, automated retrieval (and update?) of all the necessary account information.
Do you do business in the USA? Then you will be familiar with the complicated process of cheque payments and lockbox files. This time-consuming procedure is slow, costly and makes incoming and outgoing cash flows for the USA difficult to process in Oracle Financials. This is why APRO developed the APRO Banking Gateway, a quick and efficient solution for handling all your American cash flows without a hassle. For ease of use and the security of your financial processes, this standardised application is fully integrated with the Oracle E-Business Suite.