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Centric SEPA

The solution for SEPA payment transactions with Oracle's JD Edwards

SEPA is the Single Euro Payments Area in which all payment transactions are handled as domestic payments. The previous differences between national and cross-border payments have been eliminated by SEPA. Since 28 January 2008, banks have offered the option of SEPA transfers in addition to the national payment systems in the euro area. The member states have agreed that their national transfer and direct debit procedures will be discontinued as of 1 February 2014 at the latest (the deadline for non-euro area member states is 1 October 2016).

We have developed Centric SEPA to allow the use of SEPA payment transactions with your JD Edwards solution. Centric SEPA, which is integrated with your Oracle JD Edwards solution (JD Edwards XE, ERP8 or World), makes it possible for you to process payments in accordance with the SEPA standard. Centric SEPA supports you in handling all payment processes. The solution allows entry of the IBAN and BIC, manages bank payment files and creates a SEPA XML payment file.

Centric SEPA offers very fast deployment and problem-free integration:

  • Fully integrated in JD Edwards XE, ERP 8 and World
  • Objects are imported with standard JDE Tools (in the case of EnterpriseOne)
  • Modification of the required objects dependent on your JDE World Release (from A7.3)
  • Familiar environment for users
  • Internal test, reconciliation and test with the banks
  • Payment advice note
  • Payee control
  • Proven in practice