Replace fragmented domestic and international payment systems with a secure, centralized XML file, within Oracle JD Edwards.
WHAT IT DOES
Manual payment processes increase the risk of errors, fraud, and inefficiencies. SCANMAN AP Payment Automation determines the best payment route for each invoice, and checks suppliers’ bank accounts so that payments are always sent to the correct account, all within JD Edwards.
THE BENEFITS
Gain Control Over Your Payments
With SCANMAN AP Payment Automation, you get full control over your payments and streamlined financial workflows, reducing delays, errors, and manual tasks in JD Edwards
Fewer Errors and Risk of Fraud
Automate payment validation and routing to ensure that payments are made to the correct account, with built-in fraud checks before execution.
Flexible payment formats
Execute payments to multiple banks, currencies, and countries with minimal manual intervention.
Faster payment processes
Improve cash flow control, vendor relationships, and operational agility with faster execution and fewer delays.
Standardized payment processes
Replace disconnected systems with one consistent payment process across all banks, entities, and formats.
Features
Discover the Key Features of AP Payment Automation
Discover the features of SCANMAN Sales Order Automation, designed to help you fulfill orders faster and reduce manual data entry.
Embedded within JD Edwards E1
SCANMAN AP Payment Automation is embedded directly within JD Edwards E1.
Payment Route Optimization
Automatically determines the best possible payment route for each payment and validates bank account information during payment run creation.
Secured XML Payment Files
Automatically generates bank-specific, secured XML payment files directly from JDE E1 and compliant with the ISO 20022 guidelines.
Standard and Regional Payment Formats
Supports global formats like CGI and MT101, along with local formats like BTL9, DTAZV, and others Chinese and Brazilian variations.
Global Bank Support
Compatible with all major bank-specific formats, including HSBC, BAML, BNP Paribas, JP Morgan, RBC, and more.
Fraud Check
Built-in fraud detection flags errors and anomalies before payment execution.
SMART MATCHING
Automated Payment Matching in JD Edwards
Upload lockbox records and bank statements automatically into JD Edwards. SCANMAN’s smart matching engine reconciles payments with open AP vouchers.
- Fully automated payment/receipt matching process
- Up to 95% automated matching
- Supports all bank formats globally