PNC Bank Announces Integration with Oracle Fusion Cloud ERP for Embedded Banking
Oracle (NYSE:ORCL) and PNC Bank announced the integration of PNC's PINACLE Connect® embedded banking platform with Oracle Fusion Cloud ERP. This integration enables PNC's corporate and commercial banking clients to access treasury services directly within Oracle Cloud ERP, streamlining financial operations.
The embedded banking experience utilizes Oracle's B2B offering for turnkey connectivity, allowing clients to manage balances, transactions, payments, and account reconciliation without switching between multiple platforms. Oracle Cloud ERP, currently serving over 10,000 organizations, offers comprehensive enterprise finance and operations capabilities with AI-powered features.
Oracle (NYSE:ORCL) e PNC Bank hanno annunciato l'integrazione della piattaforma bancaria integrata PINACLE Connect® di PNC con Oracle Fusion Cloud ERP. Grazie a questa integrazione, i clienti corporate e commerciali di PNC possono accedere ai servizi di tesoreria direttamente all'interno di Oracle Cloud ERP, semplificando le operazioni finanziarie.
L'esperienza bancaria integrata sfrutta l'offerta B2B di Oracle per una connettività pronta all'uso, permettendo ai clienti di gestire saldi, transazioni, pagamenti e riconciliazioni contabili senza dover passare da una piattaforma all'altra. Oracle Cloud ERP, che attualmente supporta oltre 10.000 organizzazioni, offre funzionalità complete per la finanza e le operazioni aziendali, arricchite da strumenti basati sull'intelligenza artificiale.
Oracle (NYSE:ORCL) y PNC Bank anunciaron la integración de la plataforma bancaria integrada PINACLE Connect® de PNC con Oracle Fusion Cloud ERP. Esta integración permite a los clientes corporativos y comerciales de PNC acceder a servicios de tesorería directamente dentro de Oracle Cloud ERP, optimizando las operaciones financieras.
La experiencia bancaria integrada utiliza la oferta B2B de Oracle para una conectividad lista para usar, permitiendo a los clientes gestionar saldos, transacciones, pagos y conciliaciones de cuentas sin cambiar entre múltiples plataformas. Oracle Cloud ERP, que actualmente atiende a más de 10,000 organizaciones, ofrece capacidades integrales de finanzas y operaciones empresariales con funciones impulsadas por inteligencia artificial.
Oracle (NYSE:ORCL)과 PNC 은행은 PNC의 PINACLE Connect® 임베디드 뱅킹 플랫폼과 Oracle Fusion Cloud ERP의 통합을 발표했습니다. 이 통합을 통해 PNC의 기업 및 상업 은행 고객은 Oracle Cloud ERP 내에서 직접 재무 서비스를 이용할 수 있어 금융 업무가 간소화됩니다.
임베디드 뱅킹 경험은 Oracle의 B2B 솔루션을 활용하여 즉시 연결할 수 있도록 하며, 고객은 여러 플랫폼을 전환하지 않고도 잔액, 거래, 결제 및 계좌 조정을 관리할 수 있습니다. 현재 10,000개 이상의 조직이 사용 중인 Oracle Cloud ERP는 AI 기반 기능을 갖춘 포괄적인 기업 재무 및 운영 역량을 제공합니다.
Oracle (NYSE:ORCL) et PNC Bank ont annoncé l'intégration de la plateforme bancaire intégrée PINACLE Connect® de PNC avec Oracle Fusion Cloud ERP. Cette intégration permet aux clients bancaires d'entreprise et commerciaux de PNC d'accéder aux services de trésorerie directement au sein d'Oracle Cloud ERP, simplifiant ainsi les opérations financières.
L'expérience bancaire intégrée utilise l'offre B2B d'Oracle pour une connectivité clé en main, permettant aux clients de gérer les soldes, transactions, paiements et rapprochements de comptes sans changer de plateforme. Oracle Cloud ERP, qui dessert actuellement plus de 10 000 organisations, offre des capacités complètes en finance et opérations d'entreprise avec des fonctionnalités alimentées par l'intelligence artificielle.
Oracle (NYSE:ORCL) und PNC Bank haben die Integration der eingebetteten Banking-Plattform PINACLE Connect® von PNC mit Oracle Fusion Cloud ERP bekannt gegeben. Diese Integration ermöglicht es den Unternehmens- und Geschäftskunden von PNC, Treasury-Dienstleistungen direkt innerhalb von Oracle Cloud ERP zu nutzen und so Finanzprozesse zu optimieren.
Das eingebettete Banking-Erlebnis nutzt Oracles B2B-Angebot für eine schlüsselfertige Konnektivität, die es Kunden erlaubt, Salden, Transaktionen, Zahlungen und Kontenabstimmungen zu verwalten, ohne zwischen verschiedenen Plattformen wechseln zu müssen. Oracle Cloud ERP, das derzeit über 10.000 Organisationen bedient, bietet umfassende Finanz- und Betriebsfunktionen mit KI-gestützten Features.
- Integration streamlines financial operations by reducing the need for multiple platforms
- Expands Oracle Cloud ERP's functionality for over 10,000 existing customers
- Enhances efficiency through automated manual processes and improved bank connectivity
- None.
Insights
Oracle's ERP integration with PNC Bank strengthens its competitive position and enhances customer stickiness through embedded banking capabilities.
This integration between Oracle Fusion Cloud ERP and PNC Bank's PINACLE Connect® represents a strategic enhancement to Oracle's enterprise offering. By embedding banking services directly within their platform, Oracle is addressing a critical pain point for corporate finance teams who typically waste significant time toggling between systems. The integration leverages Oracle's B2B offering to provide turnkey connectivity, which demonstrates the company's commitment to creating a comprehensive ecosystem rather than just a standalone ERP product.
The significance extends beyond convenience. By enabling users to retrieve
What's particularly notable is how this integration positions Oracle competitively against other major ERP providers like SAP and Workday. By developing these embedded financial services capabilities, Oracle is differentiating its product in the enterprise market while simultaneously creating opportunities for incremental revenue streams through its B2B connectivity offerings. The partnership demonstrates Oracle's continued evolution from traditional software licensing to a comprehensive cloud services provider with integrated fintech capabilities.
Connection Enables PNC PINACLE Connect® Clients to Seamlessly Access Treasury Services Within Market-leading Cloud ERP
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. For more information about PNC Treasury Management and PINACLE Connect®, visit https://www.pnc.com/treasury.
PNC Bank Announces Integration with Oracle Fusion Cloud ERP for Embedded Banking – Page 2
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
About PNC Bank
PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in
CONTACT:
RJ Tamburri
(412) 762-9614
rj.tamburri@pnc.com
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SOURCE PNC Bank
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