Oracle Banking Cash Management Cloud Service
Solves the challenges faced by financial institutions: The need to build customer intimacy and competitive advantage through cost-effective solutions while adhering to the stringent demands of a dynamic regulatory environment. Oracle Financial Services comprises the world's most comprehensive and contemporary banking applications and a technology footprint that addresses complex IT and business requirements.
Oracle Cash Management Cloud Service provides a comprehensive solution for banks to offer a range of services in cash management, liquidity management, and virtual account management to their corporate customers. It helps businesses efficiently manage account receivables and payables across multiple accounts and locations, improving working capital management. The liquidity management features optimize interest on checking or current accounts and pool funds from various sources to streamline cash flow. The solution offers a single integrated platform for Virtual accounts the can be used for liquidity management, as well as managing receivables and payables, providing greater control and efficiency. Together, these services offer a seamless and integrated approach to managing corporate financial operations and optimizing cash flow.