Bankors for Heads of Procurement
Procurement lives on Letters of Credit and bid bonds. Bankors lets your team issue LCs and LGs directly from Oracle Fusion POs — no duplicate entry, no waiting for treasury, no procurement delays.
PO-to-LC in One Click
Convert approved Oracle Fusion POs into LC applications instantly.
Zero Re-Keying
Supplier, value, currency, terms — all pulled from the PO.
Bank Selection
Route the LC to the bank with the best pricing or available limit.
Bid Bonds for Tenders
Procurement teams bidding on tenders get bid bonds in hours, not days.
Self-Service Requests
Procurement requests bid bonds directly without treasury bottlenecks.
Tender-Linked Records
Every bid bond tied to its tender for win-rate analysis.
Supplier Performance & LGs
Track supplier performance LGs centrally — never let a supplier off the hook before the LG expires.
Supplier LG Register
Every LG received from every supplier, linked to its contract.
Renewal Enforcement
Suppliers prompted automatically to renew before expiry.
Procurement-Treasury Alignment
Procurement and treasury work from the same data — no email chains, no surprises.
Shared Workflow
Procurement initiates, treasury approves, banks execute — all in one platform.
Status Visibility
Procurement can see LC status without calling treasury.
All from one platform
The Bankors modules powering this solution.
Letters of Credit
Automate LC issuance, amendments, and lifecycle.
Letters of Guarantee
Issue, renew, and claim LGs across all banks.
Loans
Drawdowns, repayments, and tracking in one place.
Bank Facilities
Manage credit facilities across all your banks.
Oracle Fusion
Native ERP integration — no duplicate data entry.