Accurate Supplier Master Data is crucial to operating a business, e.g. the Accounts Payable process. Incorrect and uncontrolled changes to Supplier Master Data can lead to incorrect payments and other costly errors. Banks do not perform a IBAN Name check or account type check for payments. Therefore it is very important to have correct and validated IBAN information in your supplier master data before you make any payments to the IBAN. The Supplier Master Data Application provides detailed insight into the supplier master and IBAN data in Oracle EBS.
KPIs:
Process: Accounts Payable
System requirements: Oracle EBS
Review bank account changes
Any changes in bank accounts are visible and can be reviewed. A full history of the definition of bank accounts is available.
Supplier Invoice Activity
Insight into who is creating and changing supplier master data. What supplier master data is changed and what are the suppliers with many changes?
IBAN Validation
Automatically check the new and changed IBANs for banks in the UK, the Netherlands, and France.
VAT Number Validation (Optional)
Automatically check the VAT Numbers in the Supplier Master Data and get the results in Celonis.
Action Flow Automation of VAT Number checking
Automation of IBAN checking for Name, Age, Type, Validation, and Switch Service.
