Visa, Oracle partner on payment system

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London—Visa International and Oracle Corp. have formed a partnership to streamline corporate expense management and reporting processes. Under the partnership, Visa will integrate its Visa Commercial payment data with the Oracle E-Business Suite to provide customers with improved operational efficiency, financial control and increased cash flow visibility. With the integrated system, employees will be able to do the following: Prepopulate expense reports with Visa Commercial payment transactions; map Visa Commercial payment types for automatic expense type defaulting; and permit automatic hotel folio itemization based on Visa Commercial payment feed.
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