Latest news with #ERP
Finextra
15 hours ago
- Business
- Finextra
The next big ISO 20022 migration: Structured addresses
When the ISO 20022 coexistence period ends in November 2025, another milestone is created: the migration to structured addresses. What should banks be doing now to get ready? What are the main steps — and potential roadblocks — in moving to structured addresses? How can banks get their systems to work together smoothly? Can AI help with this transition — and if so, how? Beyond compliance, what else can banks do with better data? Think the ISO 20022 journey is almost over? Think again. A new migration starts in November 2025 – one that will trigger huge IT projects: Structured addresses. After November 2026, unstructured address information will be nixed – making way for structured and hybrid-address formats. This will force PSPs to undertake huge IT projects. In just one year (starting November 2025), PSPs will be compelled to rationalise their libraries of messy, unstructured customer address data. Indeed, next year's projects are all about data. Onboarding; customer initiation channels; account booking; reporting; statements – every piece of customer data will have to be processed in a structured or hybrid-address format. This means that fixing source information – across the ERP and TMS – will be critical. Though harmonisation between several disparate IT systems will be challenging, the work must start today. Fortunately, AI can support – be it by interpreting current data, knowing the 'to-be' requirements, performing gap analysis; or even creating scenarios, code, and test scripts. The potential resource efficiencies are stark. Ultimately, AI will be key to accelerating both the compliance journey and the data capitalisation process, which extends far beyond November 2025. Sign up for this Finextra webinar, hosted in association with Red Compass, to hear our panel of experts discuss why PSPs must now look beyond the November 2025 deadline for CBPR+ ISO 20022.
Finextra
2 days ago
- Business
- Finextra
PNC Bank integrates Oracle Fusion Cloud ERP for embedded banking
PNC Bank today announced the integration of its award-winning embedded banking platform, PINACLE Connect®, with Oracle Fusion Cloud Enterprise Resource Planning (ERP). 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. PNC corporate and commercial banking clients now have seamless connectivity to key banking services directly within Oracle Cloud ERP, helping streamline financial operations and enhance overall efficiency. The new embedded banking experience, which uses the Oracle B2B offering to provide turnkey connectivity, helps optimize business processes by reducing the need for clients to navigate between multiple platforms to retrieve balance and transaction information, initiate and approve payments and reconcile accounts —automating manual processes and helping save valuable time. "We are committed to delivering innovative, secure and efficient solutions within PNC's Treasury Management platform that integrate seamlessly into our clients' workflows," said Howard Forman, executive vice president and head of PNC's Commercial Digital Channels. "By embedding our services within Oracle Cloud ERP, our clients can more effectively manage their cash position and spend more time running their businesses, while spending less time establishing bank connectivity and handling manual financial tasks." This announcement builds upon PNC's strong record of integrating its banking services with leading ERP and treasury management systems, reducing the need for clients to use multiple systems and creating a more direct and comprehensive view of a company's financial information. "Manual navigation between banking platforms and financial management systems can add friction, complexity, and human error, reducing the efficiency of financial processes," said Catherine You, group vice president, Oracle. "With PNC's banking services embedded in Oracle Cloud ERP, joint customers can increase the speed and accuracy of transactions to further increase productivity, reduce costs, and improve controls." Oracle Cloud ERP offers a comprehensive set of enterprise finance and operations capabilities, including financials, an accounting hub, procurement, project management, enterprise performance management, risk management, subscription management, and supply chain and manufacturing. More than 10,000 organizations turn to Oracle Cloud ERP to run their businesses and can embrace innovations in predictive, generative, and agentic AI to help optimize finance processes across accounting, procurement, and treasury teams. PNC Treasury Management offers a platform of innovative, end-to-end technologies and experienced teams that help clients architect and implement a cohesive cash management system for their business
Yahoo
3 days ago
- Business
- Yahoo
CGI, City of Rockville Partner for Cloud-Based ERP System Upgrade
CGI Inc. (NYSE:GIB) is one of the cheap Canadian stocks to buy now. On July 8, CGI announced the launch of an upgraded financial and administrative system for the City of Rockville, Maryland. The initiative involved transitioning Rockville's existing systems to the cloud-based CGI Advantage enterprise resource planning/ERP platform. The transition is part of an ongoing partnership between the City of Rockville and CGI. Future phases will introduce additional enhancements, such as vendor self-service and open enrollment. A CEO and a software engineer discussing a new project on a laptop at a modern office space. The upgraded CGI Advantage solution features a faster and more intuitive interface designed to improve the user experience for both remote and in-office employees. CGI Advantage is a unified ERP platform that combines modern technology with solutions specifically designed for government entities. CGI Inc. (NYSE:GIB) provides IT and business process services, which broadly include business & strategic IT consulting, systems integration, and software solutions. While we acknowledge the potential of GIB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
Google Cloud Announced as a Key Technology Partner for Odoo Connect 2025 in San Francisco
Over 100 exciting talks are free for the Bay Area tech community to attend SAN FRANCISCO, July 24, 2025 (GLOBE NEWSWIRE) -- Odoo, the leading provider of enterprise resource planning (ERP) and customer relationship management (CRM) open-source business management software, announced Google Cloud as a key technology partner for Odoo Connect 2025, taking place September 4–5 at Pier 27 on the Embarcadero in San Francisco. Google Cloud joins other partners including Avalara and the San Francisco Chamber of Commerce. 'Google Cloud's sponsorship is a testament to the growing momentum behind Odoo and the value of open-source solutions in today's business landscape,' said Wilfried Juncker, Managing Director of Americas at Odoo. 'We're excited to welcome the Bay Area tech community to join a broader conversation on how technology can better serve businesses of all sizes.' Attendees can expect more than 100 talks led by Odoo experts, partners, and community members, covering a wide spectrum of topics from AI and automation to operations, marketing, and finance. The event will also feature over 40 exhibitors, creating space for collaboration, discovery, and meaningful networking. For those looking to deepen their skills, SmartClasses offer immersive, hands-on training with direct guidance from Odoo experts. The event will also showcase real-world case studies that highlight Odoo's impact. For instance, Bay Alarm Medical, a medical alert company, integrated all functions including accounting, reporting, eCommerce, billing and payments, into Odoo to provide a complete and transparent view of all ongoing business processes. With Odoo as a central platform, Bay Alarm transformed its internal operations, improving visibility and efficiency to better serve customers, support informed decision-making, and position the company for long-term growth. Premium ticket holders will have access to exclusive benefits, including a private networking lounge, an invite-only dinner, and an after-party featuring a DJ and live band. Register now to join Odoo this fall: About OdooSince its creation in 2002, Odoo has emerged as among the fastest growing integrated business solutions providers with more than 15 million users worldwide. With its range of integrated, scalable and functional applications, Odoo offers a comprehensive, modular suite that meets the specific needs of every business, making it a suitable solution for organizations of all sizes and sectors, from start-ups to large corporations. Odoo employs more than 6,000 people worldwide, and has built a partner network of over 8,000 organizations. Headquartered in Belgium, Odoo serves a global community of 13 million users. For more information, visit Media ContactValeria CarrilloPublic Relations for Odoo Odoo@ 415-397-7600Sign in to access your portfolio
Zawya
24-07-2025
- Business
- Zawya
Zulekha Healthcare Group selects Oracle to drive digital transformation
Oracle Fusion Cloud ERP and Oracle Health Foundation electronic health record will help increase efficiency, improve finance operations, and enhance patient care Dubai, UAE: Zulekha Healthcare Group is excited to unveil a transformative collaboration with Oracle. This partnership marks a significant step forward in the Group's mission to enhance its digital infrastructure, focusing on improving the Patient Lifecycle Management and Engagement, Supply Chain, Pharmacy, Finance, Procurement, Marketing, and overall facility operations. This strategic initiative is set to streamline operations, foster better decision-making, and enhance interdepartmental collaboration, setting the stage for a future of more efficient healthcare delivery. Under this collaboration, Oracle Health will deliver a cutting-edge electronic health record (EHR) system, revolutionizing the safety, quality, and overall healthcare experience for patients and caregivers alike. Meanwhile, Oracle Fusion Cloud Enterprise Resource Planning (ERP), will help Zulekha Healthcare Group transform finance operations to increase productivity, reduce costs, and improve controls. The solutions will integrate clinical and business operations to enable real-time data-driven decision making across the board. Oracle Health Foundation EHR and Oracle Cloud ERP will empower Zulekha Healthcare Group to fully automate its clinical and business processes, resulting in a cohesive and seamless patient journey. This integration not only drives operational efficiencies but also helps ensure high-quality, affordable care, helping the organization meet the evolving needs of the healthcare sector. Moreover, the rich data captured will serve as a critical tool in improving patient care and optimizing performance across the entire healthcare system. Mr. Taher Shams, Managing Director of Zulekha Healthcare Group, commented, 'We are committed to constantly innovating to elevate the patient experience. To do so, we require the most advanced systems. Oracle Health Foundation EHR and Oracle Cloud ERP will provide us with a unified single source of truth for all our data, which will guide our decision-making processes. Our collaboration with Oracle is a testament to our decades of expertise, now enhanced with a refined digital ecosystem that will significantly improve our operational efficiencies. We are committed to improving the patient journey through the usage of emerging technologies, including embedded AI capabilities, which is one of the main reasons we chose Oracle as our partner.' 'Oracle is delivering AI-powered applications that help solve the healthcare industry's most pressing challenges,' said Seema Verma, executive vice president and general manager, Oracle Health and Life Sciences. 'By leveraging the power of the Oracle Health Foundation EHR integrated with Oracle Cloud ERP, health systems like Zulekha can transform finance operations, enhance productivity, tackle inefficiencies that drive up costs, and improve patient care.'
