About Oracle (AP, posting, reconciliations)
Oracle Accounts Payable (AP) manages the end-to-end process of supplier invoices, payments, and expense tracking. It ensures accurate posting of financial transactions into the general ledger, supports automated workflows for approvals, and maintains compliance with accounting policies. Reconciliation features in Oracle help match payables with corresponding ledger entries and bank statements, ensuring data integrity and closing accuracy. This module streamlines vendor management, improves cash flow visibility, and enhances financial control across the organization.