Oracle has rolled out 4 new advancements in the 24D release, designed to elevate your payables experience and streamline processes! Here’s what’s new:
- Enhanced Supplier Detection with Intelligent Document Recognition (IDR)
IDR now seamlessly extracts invoice details from emailed documents and recognizes suppliers more accurately.
✅ Boosted efficiency through better supplier recognition.
Implementation: No additional setup is needed—just configure IDR to scan multiple invoice pages.
- Adaptive Learning for Supplier Corrections
IDR now learns from supplier corrections on incomplete invoices, recognizing key details like text, layout, and logos, reducing manual intervention.
✅ Increase accuracy on all invoice fields over time.
Implementation: Activate via the Opt-In UI to harness adaptive learning benefits.
- User-Defined Holds for Payables Invoices
Customize rules to automatically place or release holds on invoices based on your business-specific criteria.
✅ Increase productivity by automating manual holds, ensuring policy compliance, and minimizing errors.
Setup: Download, configure, and upload the User-defined holds spreadsheet template to start automating user-defined holds.
- Automatic Date Increment for Payables Invoice Validation
Now, automatically increment dates on scheduled validation runs, streamlining operations, improving performance, and saving time.
✅ Effortlessly validate recent invoices without manual date adjustments.
- Implementation: A new autoincrement checkbox in Advanced Options when submitting the Invoice validation process makes it easy—no further setup needed!
EnchantApps Oracle Cloud experts can help you with your 24D Upgrade and testing. Make sure that Oracle Cloud quarterly updates do not impact your business processes! We are here to help you! Contact us for more details.
Email: oraclecloudsupport@enchantapps.com