Oracle Apps Order Management - Overview of Credit Checking

The ultimate goal of Credit Management processes is to minimize the financial risk that your organization assumes as a result of day-to-day operations. Order Management's credit checking feature is the process by which orders are validated and released against your credit checking business rules. Using credit rules, system parameters, and credit profiles, Order Management credit checking verifies that your customer has a sufficient credit availability with your organization to allow orders to be processed and shipped in advance of payment.

Oracle Apps Order Management - Defining Credit Check Rules

Order Management credit check rules enable you to determine what credit checking criteria is used when determining credit exposure during the credit checking process. Order Management transaction types determine when credit checking actually occurs, and when used in conjunction with credit checking rules, define your credit checking process.