The Citi and Oracle ERP Banking as a Service (BaaS) Connector is now available, speeding integration and time to payment for the companies’ joint customers. With this, these organizations will be able to easily access Citi’s Treasury and Trade Solutions services via the Connector.
To compete at a global scale, enterprises must have a fast, efficient financial supply chain, from the transaction through to payment. With the Citi and Oracle ERP BaaS Connector, corporations can eliminate friction and complete transactions with one-click, real-time connectivity.
Using the CitiConnect® application programming interfaces (APIs), Oracle ERP Cloud customers can connect to the suite of Citi Treasury and Trade Solutions. This enables easy integration with Citi’s core treasury management functionality, which currently allows payment initiation and is soon expected to extend to transaction status inquiry and balance inquiry.
“At Citi, we are committed to providing clients with omni-channel experiences by seamlessly embedding our solutions into our clients’ existing treasury applications, making it easier to do business,” said Tapodyuti Bose, Global Head of Channel and Enterprise Services, Citi Treasury and Trade Solutions. “The symmetry between our customer base and Oracle’s ERP Cloud customers is extensive. With this offering, we are making it simpler and more time and cost effective for our joint customers to get business done.” Read the complete article here.
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