Bank Automated Payment System (BAPS):

  • Application Overview

    Bank Automation Payment System (BAPS) is an automation tool for making seamless payments through Oracle E-Business Suite. Robust mechanism of payments & flexibility in configuration as per customer requirements; makes it an excellent tool to streamline Supplier & Employee payments.

  • Key Highlights:

    • BAPS Streamlines payments by executing routine transactions with minimal manual intervention.
    • BAPS enables staff to be more productive.
    • Compliance is enforced at every step, so that users can spend less time on processing paper and more time on discovering and exploring new opportunities.
    • It is an extension of Oracle E-Business Suite. All transactional processes, inquiries and reporting are done within Oracle.
    • Powerful capabilities, simple to use.
  • Security and Integration

    • Integrated Solution with leading UAE Banks
    • Secured approvals through Oracle Workflow.
    • Approval Hierarchy integrated with Oracle HRMS.
    • BAPS notifies required operations & management layers via emails & sends notification about payment status.
    • PGP Encryption for secure transmission.
    • Integrated 2 way communication between ERP & Banking channel without user intervention.
    • Secure transmission using industry standard encryption processes.
    • Works with Oracle EBS Release 12.x

  • Business Benefits

    • Records payment approvals in Oracle Accounts Payable.
    • Powerful Approval workflows simplify standard Approval process.
    • Eases your bank statement reconciliation.
    • Enhances Paperless Environment.
    • Increases Employees Productivity.
    • Strengthens internal processes
    • No need to login to multiple systems.

    Customer Quote: "We are able to save a lot of time in getting payments transferred to our employees & suppliers. This has improved our engagement with suppliers; it has created a Win-Win situation for us."

  • System Functionalities

    • Approval notifications carry full details of payment.
    • Drills down to the source transaction from the notification.
    • Prints authorized signatory's signature electronically on checks based on HR data.
    • Predefined Reports.

    Make a call, see the change for yourself
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