R12 – Payments – IBY

Back to R12 – Upgrade Overview
This is a completely new module to provide a central payment capture and disbursement facility.
Overview

New Concepts: Payment Processing Profile, Payment Request and Payment Instruction
Payment disbursement functionality for Payables
Credit card functionality for Advanced Collections and Receivables
Bank account transfer functionality for Cash Management
Secure storage and encryption of payment [...]

Posted in: Payments by Kent Comments Off , ,