TRANSFORMING FINANCIAL DATA WORKFLOWS: SERVICE-ORIENTED INTEGRATION OF THIRD-PARTY PAYMENT GATEWAYS WITH ORACLE EBS IN GOVERNMENT FINANCE SYSTEMS

Modernizing financial workflows in U.S. government agencies is critical to improving operational efficiency, ensuring compliance, and delivering citizen-centric services.Oracle E-Business Suite (EBS), widely adopted across public sector organizations, often relies on batch-based, manual payment processes that limit transparency, delay disbursements, and increase reconciliation errors.This paper presents a service-oriented architecture (SOA) framework for integrating third-party payment gateways-such as Pay.gov, Stripe, or regional banking APIs-with Oracle EBS to streamline transaction workflows and enable real-time financial data exchange.The proposed integration leverages secure APIs, middleware orchestration, and rolebased controls to reduce latency, strengthen auditability, and meet federal compliance standards like FISMA and PCI-DSS.A case study from a U.S. state agency is used to demonstrate tangible improvements, including a 60% reduction in payment reconciliation time and enhanced citizen refund processing.The approach not only Sreenivasula Reddy Gosangi https://iaeme.com/Home/