XTrem

XTrem, an open banking solution where corporate bank accounts and transactions can be instantly viewed and managed, takes cash flow management to a new level thanks to its seamless integration infrastructure with Oracle EBS and Oracle Cloud systems.

XTrem: Open Banking Solution

XTrem, an open banking solution where corporate bank accounts and transactions can be instantly viewed and managed, takes cash flow management to a new level thanks to its seamless integration infrastructure with Oracle EBS and Oracle Cloud systems.

Banks and bank accounts can be defined on the XTrem product, bank account movements can be monitored, and asset status in bank accounts can be tracked.

All transactions on the open banking application are transferred to your Oracle EBS / Oracle Cloud system via webservices, ensuring reconciliation and controllability of transactions on the ERP application.

Instantly or periodically;

  • Creating bank account transactions as statement records on ERP,
  • Automatic collection from bank statements,
  • Mapping collections to customers or transactions,
  • Automatic reconciliation of bank account transactions (reconciliation of collections, reconciliation of supplier and personnel payments, reconciliation of general ledger receipt)
  • Generating receipts from bank account transactions
    processes are designed to be configurable according to customer needs.