1.2.1.1 Oracle Banking Cash Management Cloud Service

This topic provides the information about the various functional features added in this release.

Remapping of Menus

As a part of this release, Accounting, and Charges screens menu are moved from Maintenance under Collection module to Maintenance under Cash Management main menu.

Remapping of Inquiry Menu

All the Inquiry screens are moved from the individual modules (Collections, Netting and Cash Flow Forecasting) to Inquiry menu under Cash Management main menu.

Changes in Menu Names

As a part of this release, all the maintenance and summary screens have been renamed with the appropriate descriptions. For example, the Cashflow Code menu is renamed from Create/View to Create Cashflow Code/View Cashflow Code accordingly.

Addition of Non Bank Master Maintenance

A Non Bank Master Maintenance screen is newly introduced to create a master list of Bank and Bank codes which are external to the System Banks for cheque collections.

Addition of Non Bank Branch Master Maintenance

A Non Bank Branch Master Maintenance screen is newly introduced to create a master list of Branch and Branch codes which are external to the System Branches for cheque collections.

Enhancement in Location Maintenance

As a part of this release, the following fields are added in the Create Location screen to capture the location details along with the routing number:
  • The State / Province Code, Country Code and Routing Number fields are newly added.
  • The Controlling Branch is renamed as Branch for all the location networks.
  • The Priority is renamed as Branch Priority for Own Branches.
  • The Priority is renamed as Bank Priority for Correspondent Banks and Outside Network Banks.

Enhancement in Product Definition Maintenance

As a part of this release, the following changes are added in the Create Product Definition screen to link more than one branch/multiple branches during product creation:
  • The Branch field is modified into ALL/Allowed/Restricted buttons to indicate whether the product is available for all the branches or allowed/restricted to the specific branches only.
  • If the Branch is selected with ALL, the product will be available for all the branches to which the user has access.
  • If the Branch is selected with Allowed/Restricted, the Allowed/Restricted Branches table grid will appear respectively with the following fields to select the branches for which the branch has to be allowed/restricted.
    • Branch Code
    • Branch Name

Enhancement in Relationship Maintenance

As a part of this release, the two new sections are introduced in Create Relationship screen to maintain the existing set of invoicing parameters at both the Receivables and Payables level. The following parameters are now available under the Receivables and Payables section.
  • Auto-Debit Applicable
  • Holiday Treatment
  • Auto Acceptance Applicable
  • No. of Days
  • Allow Overdue Receivables
  • Maximum Days Overdue
  • Validate Linked Purchase Orders
  • Excess Handling
  • Excess Refund Party
  • Excess Refund Payment Mode

Addition of Channel Transaction

A Channel Transaction screen is newly introduced to review the transactions and allowed for process or cancel the transactions.

UI Enhancement in Cash Deposit Inquiry screen

The Deposit Slip No. is renamed as Deposit Slip Number in the Cash Deposit Inquiry screen.

UI Enhancement in Instrument Collection screen

The following fields are renamed in the Instrument Details pop-up screen.
  • The Drawer A/C number is renamed as Drawer Account Number.
  • The Drawer A/c name is renamed as Drawer Account Name.

Enhancement in Inquiry Screen

The multiple status columns are consolidated to a single status column to indicate a clear and final status of a transaction in the Inquiry screens. The following changes are added in the Inquiry screens.
  • In the Cash Deposit Inquiry screen, the existing Processing Status and Credit Status columns are consolidated into a single column as Status.
  • In the Cash Withdrawal Inquiry screen, the existing Processing Status and Debit Status columns are consolidated into a single column as Status.

All the inquiry screens are moved from the individual modules (Collections, Netting and Cash Flow Forecasting) to Inquiry menu under Cash Management main menu.

Alerts Enhancements in Cash Management

  • The following changes are introduced in the Create Alerts Decisioning screen.
    • In the Collections module, the Delivery Mode field drop-down values appear based on the toggle Plato Alert Integration selection in System Parameters screen under Integration Parameters tab in Receivables and Payables.
  • The Corporate ID is renamed as Corporate on the widgets of View Alert Decisioning screen and Search Filter overlay screen.
  • The alerts are added for File Upload, Cash Deposit, Cash Withdrawal and Netting Events in Alert Decisioning screen.
  • The Alerts Template Details and Alerts Template ID screens are introduced to Create and maintain a definite template for specific events.
  • In the Create Alert Decisioning screen, under Delivery Mode drop down field Agent value is added.

Alerts Enhancements in Receivables and Payables

  • The following changes are introduced in the Create Alerts Decisioning screen.
    • In the Receivables and Payables module, the Delivery Mode field drop-down values appear based on the toggle Plato Alert Integration selection in System Parameters screen under Integration Parameters tab.
  • The Alerts Template Details and Alerts Template ID screens are introduced to Create and maintain a definite template for specific events.

UI Enhancement in Alerts Maintenance Screen

The Corporate ID is renamed as Corporate on the widgets of View Alert Decisioning screen and Search Filter overlay screen.

UI Enhancement in Charge Decisioning/Preferential Pricing Screen

An External Pricing toggle is newly introduced in Charge Decisioning/Preferential Pricing maintenance screens to allow the external pricing to be levied on transactions and configure the charges from an external system.

The following fields are newly introduced and will appear only if the External Pricing toggle is switched ON:

  • External Pricing System
  • External Pricing Identifier
  • External Pricing Identifier Description

Enhancements in Payment Inquiry Screen

In Receivables and Payables module Payment Inquiry screen has been enhanced with following changes.
  • A new field Posting Status is added in Payment Inquiry screen for Receivables and Payables module.
  • Two new columns Reconciliation Amount (Cashflow Currency) and Reconciliation Amount (Payment Currency) are added in the Reconciled Cashflow Details tab for the Payment Inquiry - Search Result screen.

Addition of Multilateral Netting Functionality

As a part of this release, the Multilateral Netting is introduced in place of the Bilateral Netting using which the user can settle off the receivables or payables among the participants/subsidiaries. The following screens are introduced to enable the multilateral netting functionality.
  • Netting Structure: The Netting Structure screen is introduced to create and maintain the netting structure, so that the appropriate subsidiaries are linked to the global netting center and sub center. The same can be further enriched with netting parameters, invoice parameters and scheduling parameters.
  • Netting Management: The Netting Management screen is introduced to accept or reject a netting transaction on a particular associated party against its receivables and payables so that the number of payment transactions between those two parties is reduced leading to significant cost savings. Once the netting transactions are accepted, the subsidiaries/sub center and global netting center can initiate the payout transactions to settle the obligations.

UI Enhancement in Create Netting Structure Screen

The Holiday Treatment field is introduced in the Create Netting Structure screen with drop-down values Next Business Date and Previous Business Date.

Enhancement in Netting Inquiry Screen

Addition of drop-down values for the Transaction status field in the Netting Inquiry screen.

In the Netting Inquiry screen, Delinked Flag has been introduced to show the receivables and payables associated to the netting transactions for a Corporte that are delinked due to rejection/delinking by the counterparty/other subsidiary.

Enhancements in Create Charge Decisioning Screen

Addition of drop-down values for Instrument Status field in the Create Charge Decisioning screen for Receivables and Payables module.

Netting Transaction Status portlet is added in Dashboard

The Netting Transaction Status portlet is added in dashboard to give an overview of all netting transactions, categorized by the current status. The following are the list of netting transaction status.
  • Awaiting Acceptance
  • Awaiting Settlement
  • Corporate to Sub center
  • Corporate to Global Netting Center
  • Sub Center to Global Netting Center
  • Sub Center to Corporate
  • Global Netting Center to Sub Center
  • Global Netting Center to Corporate

Enhancement in EOD Jobs

New batch jobs are configured in the EoD batch.

Batch Job for Allocation handoff

Batch hand off job is available in Trigger Task UI for running batch handoff to virtual account management system.

UI Enhancements System parameters

The following UI enhancements are performed in the System Parameters screen:
  • The Allow Cashflow ML flag is moved from the Receivables and Payables module to Cash Management.
  • The Transaction History Days – Cashflows field is moved from the Receivables and Payables module to Cash Management.

The Review Channel Request toggle is introduced in Cash Management Collection module under workflow parameter tab in system parameter screen to enable review of transactions initiated from channel.

A new System Parameters maintenance screen has been introduced to view and modify the day zero parameters for Cash Management and Receivables & Payables application.

Receivables and Payables > System Parameters > View System Parameters.

Cash Management > System Parameters > View System Parameters.

The following tabs are introduced for the respective application:

  • Cash Management
    • Workflow Parameters
    • Integration Parameters
    • Application Parameters
  • Receivables & Payables
    • Workflow Parameters
    • Dashboard Parameters
    • Integration Parameters
    • Application Parameters
    • Feature Activation

Enhancement in Multi bank cashflow visibility

Cash Flow Forecasting in Cash Management is enhanced to enable the users to forecast the future cash flows based on expected cash inflows and outflows that can be from different sources. Also, users can view their aggregated cash balances across banks, entities, locations, currencies and accounts.

Enhancement in all Maintenance and Audit Screens

The additional details like branch of the record, maker and checker comments, audit history of the modifications, calendar time and UTC time details are introduced to all Maintenance Screens and Audit Screens.

Cashflow File upload Enhancements

As part of this release, File upload is enhanced to support upload of cashflow transactions from external bank / bank accounts. Real Bank Account number is mandatory in File Upload and fields such as BIC, Real account , Virtual Account and Own Flag cannot be edited. A New Flag will be introduced Own Bank which will have value Y or N or Null to indicate the bank account is comes from own bank or external bank.

Parent topic: Functional Features