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What is Oracle Banking Trade Finance?

Oracle Banking Trade Finance offers a comprehensive solution designed to efficiently oversee trade finance operations in a cohesive way. This robust platform includes thorough end-to-end capabilities for an array of trade financing products, such as documentary credits, guarantees, and documentary collections. By centralizing the processing of these various instruments, it ensures that transactions are managed seamlessly. With full compliance to UCP 600, ISP98, and URDG 758, the system features automated workflows that support auto accounting, settlement, messaging, taxation, brokerage, interest, charges, and commissions, leading to a standardized processing experience. Moreover, it facilitates effortless transitions across different channels and presents a user-friendly interface that can be tailored to specific needs, bolstered by a wide range of open APIs that promote flexibility and integration. This level of adaptability is essential for organizations aiming to enhance their trade finance operations effectively, allowing them to respond swiftly to market changes and customer demands. Overall, the solution not only streamlines processes but also empowers businesses to achieve higher efficiency and productivity in their trade finance activities.

What is Apruve?

Simplifying the process of offering trade credit should be as straightforward as accepting credit card payments. Apruve stands at the confluence of B2B trade credit and accounts receivable automation technology. This platform empowers large enterprises to revolutionize their trade credit, accounts receivable, and collections operations by leveraging automation and ensuring timely payments. By collaborating with an international credit network, Apruve guarantees next-day financing for all outstanding invoices while streamlining the procure-to-pay process and mitigating risks. Our tailored solutions cater to your specific markets, customer needs, and business objectives, allowing you to enhance and expedite the procure-to-pay experience seamlessly. Moreover, this innovative approach not only optimizes cash flow but also strengthens relationships with clients through improved payment terms.

Media

Media

Integrations Supported

RadiantOne
WinBill

Integrations Supported

BigCommerce
Enzy
Miva
NetSuite
OroCommerce
Shift4Shop
Shopify
Xero
tradeit

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing is based on a SaaS fee plus a transaction fee (dependent on order volume). Apruve makes offering net terms to your buyers as easy as accepting a credit card with low transaction fees.

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Oracle

Date Founded

1979

Company Location

United States

Company Website

www.oracle.com/industries/financial-services/banking/trade-finance/

Company Facts

Organization Name

Apruve

Date Founded

2013

Company Location

United States

Company Website

www.apruve.com

Categories and Features

Trade Finance

Not specified

Categories and Features

Accounts Receivable

Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Receivables Ledger
Recurring Billing

AR Automation

Not specified

B2B eCommerce

Not specified

B2B Payment

Not specified

Billing and Invoicing

Billing Portal
Customer Portal
Dunning Management
Invoice History
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Recurring/Subscription Billing

Buy Now Pay Later

Not specified

Payment Processing

ACH Check Transactions
Online Payments
Recurring Billing

Trade Finance

Not specified

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