There are 3 new features introduced in R12.2.4 Payables:
1> Release 12.2.4 has introduced new feature -
Sending workflow approval notifications in parallel.
This will allow invoice header level approval cycle to send notifications to all approvers simultaneously , And will enable to reduce overall approval cycle time.
This will allow invoice header level approval cycle to send notifications to all approvers simultaneously , And will enable to reduce overall approval cycle time.
Refer to note : R12: New Functionality Invoice Approval Parallel Processing
2> Invoice Validation Parallel Processing in Oracle Payables.
Invoice validation concurrent program supports multiple child requests based on the Purchase Order matched invoice.
A new Profile - AP: Maximum Invoice Validation Child Requests added that controls the maximum number of child requests that can be spawned by the concurrent program.
Invoice validation concurrent program supports multiple child requests based on the Purchase Order matched invoice.
A new Profile - AP: Maximum Invoice Validation Child Requests added that controls the maximum number of child requests that can be spawned by the concurrent program.
Refer to note : R12: New Functionality Invoice Validation Parallel Processing
3> International Bank Account Number (IBAN) Support.
Customer and Supplier bank accounts can be created or searched based on International Bank Account Number (IBAN).
Customer and Supplier bank accounts can be created or searched based on International Bank Account Number (IBAN).
