Accounts Payable

The Accounts Payable (AP) process is responsible for paying suppliers and vendors for goods and services purchased by the company. AP departments typically handle incoming bills and invoices but may serve additional functions depending on the size and nature of the business.

Accounts Receivable

Accounts Receivable, abbreviated as AR or A/R, are legally enforceable claims for payment held by a business for goods supplied or services rendered that customers have ordered but not paid for.

Cash Management

Cash management is the process of collecting and managing cash flows. Cash management can be important for both individuals and companies. In business, it is a key component of a company's financial stability.

General Ledger

Oracle® General Ledger is a comprehensive financial management solution that provides highly automated financial processing, effective management control, and real-time visibility to financial results. It provides everything you need to meet financial compliance and improve your bottom line.

Fixed Assets

Oracle Fixed Assets is part of Oracle Financials. Oracle Fixed Assets has four main business processes - additions, adjustments, depreciation, and retirements. It provides an effective way to track assets for financial and reporting needs.