Oracle Buys NetSuite

Oracle set the ball rolling with Netsuite acquisition. Oracle OpenWorld Keynote—Cloud Innovation, Mike Hurd (Oracle CEO) predicted that by year 2025 - "Two software-as-a-service (SaaS) suite providers will have 80 percent of the cloud enterprise application market. I volunteer us to be one of them Everything came full circle with NetSuite last week, when Oracle […]

Positive Pay Implementation – Step by Step Guide

Now that you know what Positive Pay is, you need to find out how to start using Positive Pay. First, we need to start by saying that EVERY bank handles Positive Pay differently. The steps/outline presented here are just a representation of what the most common implementation procedure could look like. 1. Contact your bank […]

Understanding Positive Pay

Positive Pay can best be described as a fraud prevention program or tool. Technology has increasingly facilitated the ability of criminals to create counterfeit checks and false identification that can be used to engage in fraudulent check activities. As a result, companies must adopt practices to protect against check fraud. Positive pay can provide this […]

Release 12.2.5 AR Enhacement : Apply Receipts Automatically based on Match Score and Knapsack Method

This is one of R12.2.5 Enhancement in EBS AR. The Automatic Cash Application improves accuracy and on-time application of cash receipts with the introduction of two new methods for automatically applying cash receipts. The first method generates match scores using the Levenshtein distance algorithm and automatically applies the receipt based on a score threshold. The […]

Oracle Data Relationship Management Analytics

The following Patch Set Updates have been released Recently for Oracle Data Relationship Management Patch 23236297 - PATCH SET UPDATE: ORACLE DATA RELATIONSHIP MANAGEMENT - Patch 23750023 - PATCH SET UPDATE: DATA RELATIONSHIP MANAGEMENT ANALYTICS - Oracle Data Relationship Management Analytics is a capstone dashboard and reporting application that draws upon the […]