Webinar February 18, 2016 Get the MAX out of PeopleSoft ... · PDF fileGet the MAX out of...

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Webinar – February 18, 2016

Get the MAX out of PeopleSoft

Treasury / Cash Management V9.2

Presented By: Astute Business Solutions & Oracle

[email protected]

Copyright © 2015, Astute

Agenda

2 Astute Business Solutions

• Introductions and Overview

• Cash Management Product Overview –

Silvia Vasquez, Oracle

• Cash Management Implementation

Considerations, Deepa Saoji – Astute

• Cash Management Demo – Deepa Saoji,

Astute

• Product Roadmap – Silvia Vasquez, Oracle

• Q&A


Participants:

• Use the audio bridge number

from join.me

• Mute your phones during the

entire webinar

• Contact the moderator via

join.me chat if you have

trouble with the audio or

video portion of the webinar

Join.me tips:

• Once you login, use the Chat

link (looks for the call out

icon) to chat with the

audience or with the

moderator.

• Please send all of your topic

related questions ONLY to the

moderator

Astute Confidential – Client Restricted


About Astute Business Solutions

Testing 04

• FasTest Test Automation

• Dashboards

• Data Mining Tools

• Process based automation

• Pre-built scripts

• Fluid Screens

PeopleSoft 01

• Health Check

• V9.2 Lab Upgrade

• V9.2 On-Premise Upgrade

• Process Optimization

• Application Support

• Architecture Assessment

• Data Archiving

• Privacy Compliance

Strategy 03

• Roadmap and Planning

• Health Checks for Upgrade

• Optimization for Finance, HR,

Procurement, Supply Chain

• SOX Compliance

Cloud 02

• PeopleSoft on Oracle

Public Cloud or Amazon

EC2

• PeopleSoft Cloud

Architecture and DPK

Automation Solutions

• Oracle Cloud ERP,

HCM, PBCS Rapid

Implementations

01

02

03

04


Ms. Silvia Vasquez, Oracle Ms. Deepa Saoji, Astute

Silvia is a Product Strategy Manager

for PeopleSoft FSCM at Oracle. She

is an ERP professional with extensive

experience in PeopleSoft

implementations, upgrades and

production support. She has a strong

proven track record for identifying and

resolving business and systems

issues and effectively increasing

efficiencies.

Deepa Saoji is a PeopleSoft Treasury

and Cash Management expert with 17

years of PeopleSoft Financials

experience. Deepa is a Client Advisor

and SME at Astute for Treasury/Cash

Management. She was previously a

part of the Oracle Product Strategy

team and has deep knowledge of

PeopleSoft products.

Speaker Introductions

Astute Confidential – Client Restricted


Overview of PeopleSoft Treasury and Cash Management

- By Silvia Vasquez, Oracle


PeopleSoft Treasury and Cash

Management Implementation

Considerations and Live Demo

- By Deepa Saoji, Astute


Treasury/Cash – Fully Integrated into Financials

Astute Business Solutions

Procure to PayDirect and Indirect

Procurement of goods and

services

Bill Thru CollectBill for products and services,

Contract terms, open

Receivables, Aging, Lockbox

General LedgerGeneral Accounting, Financial

Management, Operational,

Management, Compliance

Reporting

Treasury/Cash V9.2Automated Bank Recon, Cash

Forecast, Compliant Payments,

Subsystem Cash Flows

External ProcessManual reports, pull down to

Excel, forms, etc.


Pain points and solutions

0102

0304

05

• An accurate enterprise

wide Cash Position is

hard to gather in a single

spreadsheet

Wide Cash Position 01

• Some treasury wires end

up with user errors like

incorrect bank accounts

Incorrect Bank Accounts 02

• Sending out the wires means logging into

a bank portal and uploading wire details,

crossing fingers that no information was

lost in the transfer and waiting for an

acknowledgement that has to be then be

reconciled.

Information Lost 03

• These transactions have to be

booked in the PeopleSoft

Ledger either manually or

through a custom integration

Manual/Custom Integration 04

• For reconciliation of these

transactions, the bank

statement has to be

loaded into the

PeopleSoft tables

Bank Statements to

Tables05


Included in PeopleSoft License.

Direct access and integration to your

enterprise transactions - AP, AR and GL

Books.

Same PeopleSoft architecture for security

(permission lists and roles),

compliance(event logs), workflow

(approvals).

Staff trained in PeopleSoft technology for

both usage as well as maintenance and

support.

Leverage the same hardware, database

setup and architecture.

Buy New License

Move PeopleSoft AP, AR transaction data to

third party Treasury. Similarly send treasury

accounting data to PeopleSoft GL

Ensure that product provides security,

workflow and compliance

Train staff on the third party product

Buy new hardware, database to support the

third party

5 Reasons to Utilize Cash Management

PeopleSoft Treasury Vendors


Integration with the Enterprise

Cash

Management

Transactions from AP, AR, PO

Forecasting Cash

Transactions from AP, AR,

Global Payroll

Financial Gateway

Transactions with AP

(including expenses), AR

Bank Statement

Reconciliation

Treasury Accounting Entries to

GL

Accounting


Implementation Considerations


Implementation Considerations


BANKING PARTNERSFinancial institutions often have a

very arduous and lengthy process

for integration testing, elicitation of

requirements, or even a definition of

what is static and what can change

in your infrastructure relationship

INTERNAL CASH

BUSINESS EVENTSCapture the discrete narratives and

list of internal business process that

either initiate cash transactions,

affect cash positioning needs, or

partners that rely on transactional

output information

IMPLEMENTATION &

CHANGE STRATEGYWhat does day zero look like? What

are your fall back plans? Have you

communicated up to and through

the cutover so all impacted parties

are aware of the change, risk, and

action items to support the cut-over?

CONFIGURATION

CONSIDERATIONSNetting accounts, reconciliation rules, cash

positions, forecasts, and complete facility

definitions are a few the list of requirements

necessary for a complete configurationSTAKEHOLDERSNot only direct Treasury & Cash Management leaders; but risk

officers, transactional department dependents and those teams that

influence the cash reserves and other positions

04

05

03

02 01


Preparedness

Establish communication

with your banks.01

Import Bank Statements

Dispatching Payments

Receiving Acknowledgements

02

03Work with your AP & AR

departments to decide

priorities to bring in sources

one by one instead of Big

Bang approach.

04 Review your data, get

familiar with it.

Discuss bank connectivity,

security for :


Cash Management leverages PeopleSoft Financials architecture

Ahead in the setup process

• SetID

• Business Units

• Currencies

• Ledgers

• GL Accounts

• Chartfields

If GL is already in use

then following setup

is already done:

• Banks

• Bank Accounts

• Reconciliation setup for

vouchers, payments,

deposits, drafts,

basically all AP and AR

transactions

If AP and /or AR is in

use then more setup

steps are in place

already


PeopleSoft Treasury and Cash

Management Roadmap

- By Silvia Vasquez, Oracle


Meet Astute Business Solutions@ Alliance 2106

March 6th to 9th in Seattle, WA

Check us out on YouTube https://www.youtube.com/channel/UCR

47AF9zK4MwOcYzSUzRikw

Register for Upcoming Webinars at http://www.beastute.com

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Some of our Customers



Appendix

Thank You

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