22nd Century and your Oracle Cloud Journey
A centralized payment platform built on Oracle Cloud that offers the treasury department full visibility and control over payment processes. Our Oracle ERP team developed a comprehensive Oracle PaaS extension to efficiently manage and process payments, utilizing Oracle technologies and advanced features to enable robust reporting and seamless integrations. The payment gateway extension leverages Oracle Digital Assistant to enable AI capabilities to track and resolve fraudulent transactions. Additionally, the extension captures payments from various sources including Payables, Receivables, Treasury Payments, Payroll and 3rd party payments. As part of Receivables, the extension tracks customer on-line and lockbox payments, provides real-time reporting on customer outstanding balances.
Seamless Integration
Leverage Oracle Integration Cloud (OIC) to seamlessly integrate with Oracle Fusion Solutions. Our solution supports a diverse array of payment methods, including checks, positive pay, ACH, wire transfers, lockbox, customer portal payments, receipts, and electronic payments.
Comprehensive Payment Control
Effortlessly manage payment releases, holds, and cancellations with full control over your financial transactions. This guarantees smoother operations, strengthens financial oversight, and supports more informed, strategic decision making.
Extensive Bank Connectivity
Take advantage of automated bank integrations with leading institutions such as Wells Fargo and Bank of America, with future integrations planned for the top 20 banks in the USA, providing a comprehensive and scalable solution.
Advance Fraud Protection
Harness the capabilities of GenAI and Oracle Digital Assistant to proactively identify and report fraudulent payments, strengthening security and reducing financial risk.
Customer Portal & Lockbox Payments
The Customer Portal Online Lockbox Payments Reconciliation automates the process of matching and recording customer payments received via lockbox services. It ensures accurate reconciliation of payments, typically checks, deposited into a bank account. Customer payments are integrated with the payment gateway for a centralized view of customer payments for accounts receivable and treasury departments.
Powerful Reporting & Insights
Gain actionable insights with treasury dashboards and advanced reporting capabilities powered by Oracle Analytics Cloud, allowing you to analyze payment activities and make informed financial decisions.