Amrita Mehrok & Ramakrishnan Balaji Financials Product Strategy Payables 9.0 and Fusion.

Amrita Mehrok & Ramakrishnan Balaji

Financials Product Strategy

Payables 9.0 and Fusion

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Agenda

Enhancements in 9.0 Update on Fusion Questions

Enhancements in 9.0

Voucher Processing Withholding Improvements Mass payment cancellation OFAC Compliance

Voucher Processing

Session defaults for regular voucher Copy down distribution lines on the

voucher Sales/Use Tax summary Related documents Invoice printing Miscellaneous enhancements

Session Defaults

Copy down distribution lines on the voucher

Sales/Use Tax Summary

Related Documents

Miscellaneous Enhancements

Voucher comments hyperlink will let the user know if comments exist (e.g. Comments(1) if exists or Comments (0) if it does not exist)

Added business unit and voucher id to the bottom left hand corner of Invoice information page

Added document status inquiry on the voucher summary page.

Added links on the document status inquiry pages to navigate to accounting entries, budget exceptions, match workbench

Withholding Improvements

A new run control page that will run the following 3 processes 1099 report post 1099 report 1099 Copy B

Removed the limitation of having only one set of chartfields for withholding liability entries and one remit vendor for withholding payment remittance

Withholding Improvements

Mass Payment Cancellation

OFAC Compliance

Provides 2 options for validating the vendors against the SDN (Specially Designated Nationals) list

1. Maintain the SDN list internally by importing the list that is published by OFAC and have the applications validate against it

2. Invoke a 3rd party application (e.g. Trade point) that maintains the list through a web service

OFAC Compliance

Provides capability to import the SDN (Specially Designated Nationals) list which is maintained by OFAC (Office of Foreign Assets Control)

Provides a web service for other 3rd party applications that needs to check against this SDN list

Payables will use this list to verify the vendors during voucher and payment creation

Integrates with Trade point for verifying the vendors

Agenda

Enhancements in 9.0 Update on Fusion Questions

Globalization

Comply with new regulations

Provide real-time visibility to customers

Knowing yourCustomer

Efficiency throughShared Services

Business Challenges…

Structure for fastinnovation

Oracle’s Application Vision

Applications driven by business processes From implicit to explicit processes

Business Intelligence is not an afterthought Good BI needs to be in the DNA of applications

Applications that can be configured and integrated with ease

Applications must increasingly fit in a heterogeneous environment

Applications that are cheaper to deploy and operate

Oracle’s Core Beliefs

Industry Relevance is a must We have to know and manage industry processes in minute

detail

Application customers want consolidation Standards always win

At a business level (Rosettanet, HL7, SWIFT etc.) At a technology level (J2EE, WSI-*, XML etc.)

Providing a full technology stack is an advantage

Significantly reduces cost

Oracle’s Application Portfolio

EBusinessSuite PeopleSoft Enterprise Siebel JD Edwards EnterpriseOne JD Edwards World Oracle Retail i-flex (part ownership)

Desired Architecture

Orchestration PlatformOrchestration PlatformOrchestrationOrchestration

App AppApplications App App App App App

ApplicationInfrastructureInfrastructure

ApplicationInfrastructure

HostedInfrastructure

Business Process

Analytics & Collaboration

SuppliersCustomers

PartnersEmployees

DataData Product Product InformationInformation

Employee Employee InformationInformation

Customer Customer InformationInformation

JD Edwards World enhancements

•Individual Fusion Applications

Application Roadmap

• Oracle EBS 12• PeopleSoft

Enterprise 9.0• Siebel 8.0• JD Edwards

EnterpriseOne 8.12• First use of Fusion

technology• Data Hubs &

Transaction Bases

• Continue releasing PS Enterprise R8.9

• Fusion Architecture

• Enhanced Support

• Fusion Middleware Certification

• Fusion BPM Integration

2005 2006 20082007

•Fusion Application Suite

36

First Use of Fusion Technology

Significant steps into Fusion Delivered in 2006 on current product

releases Incremental capability, non disruptive Increase business value

Improved insight and user access Better information management Business modeling support

Fusion RoadmapBusiness Process Flows

Enable business analysts to model and adapt processes to accommodate changing business requirements

Processes Rules Functionality

Layered configuration to protect adaptation through upgrades

In 2006: BPM for Siebel and additional

industry solutionsExample: HCM Employee Onboarding

Fusion Roadmap Fusion Reporting

Standardize on high performance, high fidelity, standards-based tool

Easy, intuitive, end-user report development within desktop applications.

Open to any data source, across the enterprise

Allows customers to adopt the Fusion reporting technology now

In 2006: Begin delivery of libraries of

Fusion reports in EnterpriseOne, Enterprise, and E-Business Suite

Fusion Roadmap Publish Web Services Repository

Oracle, PeopleSoft, JDE integration services repository delivered

Standardized access integration points across the Oracle portfolio

Compliant with Web Services standards (e.g., UDDI)

Organized by business process and by industry

In 2006: Extended directory for

Fusion services Mapping to current

integration repositories

Fusion Strategy Council

CIO Advisory Board

Customer Surveys

Customer Care Services

User Groups

CABs

Oracle Partner Network

Executive Sponsors

Actionable Information

Ability to rapidly adapt

Lower risk, cost, and complexity

Talk, Listen, and Work with Customers and Partners

Oracle’s Approach

The Process

Global MarketAssessments

CustomerInput

Oracle Sales &LoB Input

CorporateDrivers

DeltaAssessment

ApplicationsKey Initiatives:

BI, SOA, SOE,UE, Industry

Net NewFunctionality

Requirements Phase Output

BusinessProcess

Diagrams

BusinessRequirements

Documents

Statementsof Direction

ReleasePlan

Identify EBSFunctionality

GapsDelta Assessmentof ProductFeatures

Identify EBSFunctionality

Gaps

OFAC

Business Processes & Web Services

LegacySystemsIntegrated

Apps CertificationAuthority

Suppliers

DEMATService

RemittanceAdvice

Oracle SOAWeb Services

<XML>

DebitMemo

BankStatement

PaymentHold

PaymentOrder

..

FormattedPayment

Oracle SOAWeb Services

<XML>

ReceiveReceiveInvoiceInvoice MatchMatch ApproveApprove CreateCreate

PaymentPaymentBankBank

ReconReconProcure to PayBusiness ProcessProcure to PayBusiness Process

ScannedOCR Invoice

InvoiceCredit MemoDebit Memo

.Legacy

Systems. Supplier’sAcct Receivables

IntegratedApps Buyer’s

BankSupplier’s

Bank

FusionWhat You Can Expect

Vast majority of customers will be able to upgrade all their current products with Fusion applications in 2008

Your move to Fusion is an upgrade Customization inventory Architectural approach defined Upgrade development work begins this year Upgrade CAB forming

Lifetime support - customers will upgrade to Fusion based on their business needs, not because we force them off their current products

Suggested Next Steps

Step 1: Protect investment by adopting the the latest releases

Gain significant additional functional value, retire customizations Unify operational infrastructure with Fusion Middleware and Grid

Step 2: Extend the value of existing implementation Gain better business insight with BI Tools: reporting and BAM dashboards Standardize, optimize, or specialize enterprise business processes (SOA+) Improve master data management with customer/product data hubs

Step 3: Evolve to Fusion Applications Use Oracle and Partner services to scope and prioritize business value Use modeling tools to catalog planned process & intelligence adaptations Anticipate a project to develop skills and gain experience

Suggested Next Steps

Step 1Protect

20052005 2006 20082007

Step 2Extend

Step 3Evolve Upgrade operational

transactional systems to Fusion

Adopt Fusion Reporting

Adopt Fusion Analytics

Upgrade to current release

Adopt Fusion BPEL Process Manager

Amrita Mehrok, Senior Manager Financials Strategy [email protected]

Ramakrishnan Balaji, Principal Product Manager Financials Strategy [email protected]

Contacts

Customer Survey

The usages surveys are live as of, Monday, April 3rd on the www.IOUC.org website

Select the “Fusion Channel” tab then click the PeopleSoft Applications Product Usage Surveys button. The surveys will be available for customers to respond to until April 30th.

Amrita Mehrok & Ramakrishnan Balaji Financials Product Strategy Payables 9.0 and Fusion.

Documents

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