Oracle Banking Digital Experience

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Oracle Banking Digital

Experience

Corporate E-Factoring User Manual Release 15.1.0.0.0

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User Manual Oracle Banking Digital Experience Corporate E-Factoring ii Oracle Financial Services Software Limited

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User Manual Oracle Banking Digital Experience Corporate E-Factoring iii

1. Preface

1.1 Intended Audience

This document is intended for the following audience:

 Customers

 Partners

1.2 Documentation Accessibility

For information about Oracle's commitment to accessibility, visit the Oracle Accessibility

Program website at

http://www.oracle.com/pls/topic/lookup?ctx=acc&id=docacc

.

1.3 Access to OFSS Support

https://support.us.oracle.com

1.4 Structure

This manual is organized into the following categories:

Preface gives information on the intended audience. It also describes the overall

structure of the User Manual.

Transaction Host Integration Matrix provides information on host integration requirements

for the transactions covered in the User Manual.

The subsequent chapters provide information on transactions covered in the User Manual.

Each transaction is explained in the following manner:

 Introduction to the transaction

 Screenshots of the transaction

The images of screens used in this user manual are for illustrative purpose only, to provide improved understanding of the functionality; actual screens that appear in the application may vary based on selected browser, theme, and mobile devices.

 Procedure containing steps to complete the transaction- The mandatory and conditional

fields of the transaction are explained in the procedure.

If a transaction contains multiple procedures, each procedure is explained. If some functionality is present in many transactions, this functionality is explained separately.

1.5 Related Information Sources

For more information on Oracle Banking Digital Experience Release 15.1.0.0.0, refer to the following documents:

 Oracle Banking Digital Experience Licensing Guide

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Transaction Host Integration Matrix

2. Transaction Host Integration Matrix

Legends

NH No Host Interface Required.

 Host Interface to be developed separately.

 Pre integrated Host interface available.

 Pre integrated Host interface not available.

Transaction Name FLEXCUBE UBS Third Party Host System

Assignment Enquiry  

Credit Limit Enquiry  

Financing Enquiry  

Invoice Enquiry  

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3. Assignment Enquiry

E-factoring is a financial transaction whereby a business sells its invoices to a third party called a factor at a discount in exchange for immediate money to finance business. This option allows a corporate user to make an enquiry on the assignments done in e - factoring.

To view assignment

1. From the E-Factoring menu, select Assignment Enquiry.

The Assignment Enquiry screen appears.

Assignment Enquiry

Field Description

Field Name Description

Entity [Display]

Displays the entity which is used.

Primary Customer Id

[Display]

Displays the primary customer id mapped to you.

Primary Customer Name

[Display]

Displays the primary customer name.

Buyer Name [Mandatory, Drop-Down]

Indicates the buyer's name linked to the seller.

The list’s value is the buyer name linked to the primary customer ID (seller).

Outstanding > 0 [Optional, Option]

Indicates the assignments having outstanding amount greater than zero to be searched.

All [Optional, Option]

Indicates all the assignments to be searched.

Finance Period From

[Conditional, Pick List]

Indicates the date on which the seller presents the invoice to the bank for processing the loan.

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Assignment Enquiry

Finance Period To [Conditional, Pick List]

Indicates the date range for searching the results within the specified criteria.

This date should be greater than the date in Finance Period From field.

To enable this field is enabled, select the All option.

2. From the Buyer Name list, select the appropriate option.

3. Select either Outstanding > 0 or All option.

a. If you select the All option:

i. From the Finance Period From list, select the appropriate date.

ii. From the Finance Period To list, select the appropriate date.

4. Click Search.

The Assignment Enquiry screen with search results appears.

Assignment Enquiry

Column Description

Assignment Date [Display]

Displays the date on which the batch is received by the bank from the seller.

Batch Number

[Display]

Displays the batch number provided by the bank for the invoices presented by the seller to the bank.

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Product Type [Display]

Displays the E-Factoring product under which the batch is booked.

Finance Mode [Display]

Displays the funding mode.

Local Currency [Display]

Displays the the batch amount in the local currency.

This comprises total of all the invoice amount and show the batch total in local currency.

Total Invoice [Display]

Displays the total invoice amount in local currency.

Invoice Outstanding

[Display]

Displays the outstanding amount (in local currency) from the buyer.

Outstanding Loan [Display]

Displays the total of all loan amounts in local currency.

Available Finance Amount

[Display]

Displays the outstanding loan amount and available finance amount based on the batch and product.

5. Click the Batch Number link.

The Assignment Inquiry – Invoice Details screen appears.

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Assignment Enquiry

The options mentioned below are applicable for records of assignment enquiry transactions.

To enable the word wrap in the columns, select the Word Wrap check box.

Click Customize Columns to reorder the columns or select the columns that appear in the assignment enquiry transactions list.

Click Download to download all or selected columns in the assignment enquiry

transactions list. You can download the list in PDF, XLS, QIF, OFX and MT940 formats. Click Print to print the assignment enquiry transactions list and open the list as a PDF document.

Click to view the first page of the assignment enquiry transactions list.

Click to view the previous page of the assignment enquiry transactions list.

Click to view the next page of the assignment enquiry transactions list.

Click to view the last page of the assignment enquiry transactions list.

From the Page list, select the required page number of the assignment enquiry form transactions list.

From the Show Rows list, select the number of rows to be displayed in the assignment enquiry transactions list.

Click next to the required column to sort the records of assignment enquiry

transactions in ascending or descending order.

Assignment Enquiry – Invoice Details

Batch Number

[Display]

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Assignment Date [Display]

Displays the date on which the batch is received by the bank from the seller.

Invoice Due Date [Display]

Displays the due date for invoice.

Invoice Number [Display]

Displays the number on invoice.

Displays the type of factoring product

Buyer Name [Display]

Displays the name of the buyer.

Invoice Date [Display]

Displays the date of invoice.

Invoice Amount Currency

[Display]

Displays the invoice outstanding amount in invoice currency.

Outstanding Amount Currency

[Display]

Displays the invoice amount in local currency.

Outstanding Loan Currency

[Display]

Displays total outstanding loan.

Available Finance Amount Currency

[Display]

Displays the total available finance amount.

Invoice Amount Local Currency

[Display]

Displays the invoice amount in local currency.

Outstanding Amount Local Currency

[Display]

Displays the total outstanding loan in local currency.

Available Finance Amount Local Currency

[Display]

6. Click Download to download the complete statement.

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Credit Limit Inquiry

4. Credit Limit Enquiry

This option allows a corporate user to make an enquiry on the credit limit.

To enquire credit limit

1. From the E-Factoring menu, select Credit Limit Enquiry.

The Credit Limit Enquiry screen appears.

Credit Limit Enquiry

[Display]

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Credit Limit Enquiry

Column Name Description

Facility Number [Display]

Displays the facility number of the limits.

Buyer Name

[Display]

Approval Date [Display]

Displays the approval date of the limit.

Expiry Date [Display]

Displays the expiry date of the limit.

Status [Display]

Displays the status of the limit.

Displays the product type.

Credit Limit Currency

[Display]

Displays the currency of the limit.

Credit Limit Amount

[Display]

Displays the limit amount in credit limit currency.

Assigned Amount [Display]

Displays the amount assigned under the facility in credit limit currency.

Finance Limit Currency

[Display]

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Credit Limit Inquiry

Column Name Description

Finance Limit Amount

[Display]

Displays financing limit amount in currency.

Financed Amount [Display]

Displays the financed amount.

The options mentioned below are applicable for records of credit limit enquiry transactions.

Click Customize Columns to reorder the columns or select the columns that appear in the credit limit enquiry transactions list.

Click Download to download all or selected columns in the credit limit enquiry

transactions list. You can download the list in PDF, XLS, QIF, OFX and MT940 formats. Click Print to print the credit limit enquiry transactions list and open the list as a PDF document.

Click to view the first page of the credit limit enquiry transactions list.

Click to view the previous page of the credit limit enquiry transactions list.

Click to view the next page of the credit limit enquiry transactions list.

Click to view the last page of the credit limit enquiry transactions list.

From the Page list, select the required page number of the credit limit enquiry form transactions list.

From the Show Rows list, select the number of rows to be displayed in the credit limit enquiry transactions list.

Click next to the required column to sort the records of credit limit enquiry transactions

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5. Financing Enquiry

This option allows a corporate user to make financing enquiry.

To make finance enquiry

1. From the E-Factoring menu, select Financing Enquiry.

The Financing Enquiry screen appears.

Financing Enquiry

[Display]

Outstanding > 0 [Optional, Option]

Indicates the assignments having outstanding amount greater than zero to be searched.

All [Optional, Option]

Indicates all the assignments to be searched.

Financing Date From

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Financing Enquiry

3. Select either Outstanding > 0 or All option.

a. If you select the All option:

i. From the Finance Date From list, select the appropriate date.

ii. From the Finance Date To list, select the appropriate date.

The Financing Enquiry screen with search results appears.

Financing Enquiry

Financing Date [Display]

Displays the date of financing.

Loan Reference

Number [Display]

Displays the system generated reference number of the loan. Indicates the link to view the Financing Enquiry – Loan Details screen.

Displays the e-factoring product under which the loan is booked.

Funding Mode [Display]

Displays one of the bank's three modes of financing.

Financing Currency

[Display]

Displays the currency of the loan.

Financing Amount [Display]

Displays the amount of the loan.

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5. Click the Loan Reference Number link.

The Financing Enquiry – Loan Details screen appears.

OR

The options mentioned below are applicable for records of financing enquiry transactions.

Click Customize Columns to reorder the columns or select the columns that appear in the financing enquiry transactions list.

Click Download to download all or selected columns in the financing enquiry transactions list. You can download the list in PDF, XLS, QIF, OFX and MT940 formats.

Click Print to print the financing enquiry transactions list and open the list as a PDF document.

Click to view the first page of the financing enquiry transactions list.

Click to view the previous page of the financing enquiry transactions list.

Click to view the next page of the financing enquiry transactions list.

Click to view the last page of the financing enquiry transactions list.

From the Page list, select the required page number of the financing enquiry form transactions list.

From the Show Rows list, select the number of rows to be displayed in the financing enquiry transactions list.

Click next to the required column to sort the records of financing enquiry transactions

in ascending or descending order.

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Financing Enquiry

Displays the date of invoice.

Invoice Amount currency

[Display]

Displays the invoice outstanding amount in invoice currency.

Outstanding Amount currency

[Display]

Displays the outstanding invoice amount in local currency.

Finance Amount (Loan CCY)

[Display]

Displays the total outstanding loan.

Outstanding Loan Currency

[Display]

Displays the outstanding loan currency.

Available Finance Amount currency

[Display]

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6. Invoice Enquiry

This option allows a corporate user to make an enquiry on the invoices.

To make invoice enquiry

1. From the E-Factoring menu, select Invoice Enquiry.

The Invoice Enquiry screen appears.

Invoice Enquiry

[Display]

Invoice Number From

[Optional, Alphanumeric, 30]

Indicates the search based on the invoice number.

Invoice Number To

[Optional, Alphanumeric, 30]

Indicates the search based on the invoice number.

[Optional, Pick List]

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Invoice Enquiry

Finance Period To [Optional, Pick List]

Overdue Period From

[Mandatory, Numeric, Two]

Indicates the search based on the overdue period date.

E.g.: If any number (say 7) is entered, then the system displays all the invoices overdue by more than 7 days.

Overdue Period To [Mandatory, Numeric, Two]

Indicates the search based on the overdue period date.

E.g.: If any number (say 7) is entered, then the system displays all the invoices overdue by less than 7 days. If the number is 0, it means the invoice is not overdue.

3. From the Overdue Period From list, select the appropriate date.

4. From the Overdue Period To list, select the appropriate date.

The Invoice Enquiry screen with the search results appears.

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Displays the invoice date.

Invoice Number

[Display]

Displays the invoice number.

Displays the buyer name.

Displays the product type.

Displays the invoice due date.

Invoice Amount [Display]

Displays the invoice amount in invoice currency.

Outstanding Amount

[Display]

Displays the outstanding invoice amount in invoice currency.

Displays displays the outstanding loan amount against the Invoice in loan currency.

Overdue Days [Display]

Displays the days overdue.

Dispute Amount [Display]

Displays the dispute amount in the invoice currency.

Credit Note Amount

[Display]

Displays the credit note amount in invoice currency.

Chargeback Amount

[Display]

Displays the charge back amount in invoice currency.

Discrepancy [Display]

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Invoice Enquiry

The options mentioned below are applicable for records of invoice enquiry transactions.

Click Customize Columns to reorder the columns or select the columns that appear in the invoice enquiry transactions list.

Click Download to download all or selected columns in the invoice enquiry transactions list. You can download the list in PDF, XLS, QIF, OFX and MT940 formats.

Click Print to print the invoice enquiry transactions list and open the list as a PDF document.

Click to view the first page of the invoice enquiry transactions list.

Click to view the previous page of the invoice enquiry transactions list.

Click to view the next page of the invoice enquiry transactions list.

Click to view the last page of the invoice enquiry transactions list.

From the Page list, select the required page number of the invoice enquiry form transactions list.

From the Show Rows list, select the number of rows to be displayed in the invoice enquiry transactions list.

Click next to the required column to sort the records of invoice enquiry transactions in

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User Manual Oracle Banking Digital Experience Corporate E-Factoring.Docx 22

7. Repayment Enquiry

Using this option, you can make an enquiry on the repayment.

To enquire about repayment

1. From the E-Factoring menu, select Repayment Enquiry.

The Repayment Enquiry screen appears.

Repayment Enquiry

[Display]

[Optional, Pick List]

Finance Period To [Optional, Pick List]

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Repayment Enquiry

Repayment Enquiry

Repayment Date [Display]

Displays the date on which repayment is done.

Receipt Reference

Number [Display]

Displays the system generated reference number of the repayment.

Indicates the link to view the Repayment Enquiry – Receipt Details.

Displays the type of factoring product.

Receipt Amount [Display]

Displays the amount paid by the buyer or seller.

Payout To Client [Display]

Displays any balance amount (after deducting the loan amount) paid to the seller's CASA account in receipt currency.

Loan Reference Number

[Display]

Displays the financing reference number.

Indicates the link to view the Repayment Enquiry – Receipt Details.

Foreign Exchange Rate

[Display]

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Financing Amount [Display]

Displays the total amount financed under the displayed receipt reference number in loan currency under the financing reference number.

Repay of Principal Amount

[Display]

Displays the total amount paid as principal in loan currency.

Interest Repayment Amount

[Display]

Displays the total amount paid as interest in loan currency.

4. Click the Receipt Reference Number or Loan Reference number link.

The Repayment Enquiry – Receipt Details screen appears.

The options mentioned below are applicable for records of repayment enquiry transactions.

Click Customize Columns to reorder the columns or select the columns that appear in the repayment enquiry transactions list.

Click Download to download all or selected columns in the repayment enquiry

transactions list. You can download the list in PDF, XLS, QIF, OFX and MT940 formats. Click Print to print the repayment enquiry transactions list and open the list as a PDF document.

Click to view the first page of the repayment enquiry transactions list.

Click to view the previous page of the repayment enquiry transactions list.

Click to view the next page of the repayment enquiry transactions list.

Click to view the last page of the repayment enquiry transactions list.

From the Page list, select the required page number of the repayment enquiry form transactions list.

From the Show Rows list, select the number of rows to be displayed in the repayment enquiry transactions list.

Click next to the required column to sort the records of repayment enquiry transactions

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Repayment Enquiry

Repayment Enquiry – Receipt Details

Invoice Amount [Display]

Displays the invoice amount in invoice currency.

Financed Reference

[Display]

Displays the reference number under which invoice was financed.

Foreign Exchange Rate

[Display]

Displays the foreign exchange rate.

Repayment of Principal Amount (Loan CCY)

[Display]

Displays the principal amount in loan currency.

Repayment of Interest Amount (Loan CCY)

[Display]

Displays the repayment of interest amount in loan currency.

Settled Invoice Amount (Invoice Currency)

[Display]

Displays the the amount settled by the bank for the invoice in invoice currency.

Credit Note Amount (Invoice Currency)

[Display]

Displays the discount given by the seller to the buyer (may be over some dispute) in invoice currency.

Oracle Banking Digital Experience