J.P. Morgan Payments and Oracle unveiled a deeply integrated Supply Chain Finance (SCF) solution on July 31. The integration is built for Oracle Fusion Cloud ERP.
At its core, the solution tackles managing working capital. The new feature, embedded directly within Oracle B2B via an API, enables companies like logistics giant FedEx to approve supplier invoices and offer a choice: The supplier can either wait for payment on standard terms or receive payment immediately by J.P. Morgan, leveraging FedEx’s strong credit rating to secure a favorable financing rate.
The FedEx Case
Trampas Gunter, FedEx’s Corporate Treasurer, noted that this collaboration transformed what would typically be a six-month custom development project into a simple activation process. “Leveraging J.P. Morgan Payments’ SCF and liquidity solutions has strengthened our financial position and enhanced our operational resilience,” Gunter stated.
FedEx is a case study in the power of native integration amid growing expectations for seamless, API-driven services embedded directly into the ERP workflow. Moreover, the partnership between Oracle, J.P. Morgan Payments, and FedEx highlights a touchless ideal where financial operations are automated and agile.
Umar Farooq, Global Co-Head at J.P. Morgan Payments, highlighted the collaborative approach that aims to help end-users optimize financial performance and drive business growth.
The solution is part of a broader, multi-year innovation push between the two giants, encompassing everything from AI-driven expense reporting to blockchain-based liquidity management via J.P. Morgan’s Kinexys platform.
What This Means for ERP Insiders
Embedded finance is becoming the new standard. ERP and banking platforms can no longer be treated as separate worlds. The market is rapidly moving towards embedded finance, where financial services, such as payments, lending, and supply chain finance, are native functions within the ERP itself. The SCF solution, developed by Oracle and J.P. Morgan Payments, which streamlines a complex six-month integration into a simple activation, demonstrates that seamless, API-driven financial tools are now the baseline expectation for a modern digital enterprise.
Oracle is positioning its Fusion Cloud ERP as more than just a system of record. Oracle’s Fusion Cloud ERP is becoming a central business platform. By forging deep, multi-year partnerships with financial powerhouses like J.P. Morgan, Oracle is creating a sticky ecosystem. Through Oracle Fusion Cloud, it provides pre-integrated, high-value services that are difficult for customers to leave and hard for competitors to replicate, making Oracle ERP the single hub for both operational and financial activity.
Prioritize API-ready architecture to future-proof your operations. Companies today must demand more from their ERP and banking partners. However, there’s a two-fold message particularly for financial firms. Firstly, their internal ERP must be modern and API-ready to consume best-in-class services. Secondly, to stay competitive, they must think like a tech company. Financial products today must be built with APIs that can be easily embedded into clients’ ERP systems, whether they are SAP, Oracle, or others. The future belongs to the financial institutions that can deliver their services most seamlessly within the workflows where their customers live.
