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Overview of the New Financial Architecture in Oracle E-Business Suite Release 12
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What we set out to address
National and International Laws & Regulations
Actions by Competitors
Changing Customer Requirements
Industry Standards and Regulations
Tax Codes
Changing Workforce Attitudes
International Reporting Standards
Language and Cultural Differences
11
Doing Business Globally is ComplexTop Drivers of Complexity
22
33
44
55
66
77
88
Direct impact on Finance
Source: PWC, 9th Annual Global CEO Survey
Globalization is unstoppable. Regardless of geography, industry or income, companies are globalizing to gain new customers and access new markets. Is this a good thing? Nearly two-thirds of the CEOs we surveyed
are positive about the impact that globalization will have on their
organizations over the next three years.
Source: 9th Annual Global CEO Survey –Globalization and Complexity; PwC 2006
Make it easier to do your job
Transactional ActivitiesControl ActivitiesDecision Support, Performance Mgmt
50% Improve processes or rationalize technologies
60% Standardize policies, rules, and processes across the entire enterprise
73% Implement a shared services model *
80% Adopt best practices or simplify processes across the entire enterprise
47%26%
27%
The Agile CFO, IBM Business Consulting Services, 2005* Deloitte Consulting, 2006
How Finance Spends its Time % Yet To…
ControlledTransactionEntry
ControlledTransactionEntry
Comprehensive and compliant
processing
Comprehensive and compliant
processing
Transparent Audit,
Reconciliation& Drilldown
Transparent Audit,
Reconciliation& Drilldown
Easy ReportingEasy Reporting
AnalyticsAnalytics
Work Globally, to be more competitive
Think Globally, to make the right decisions
Manage Globally, to lower cost and increase performance
FinancialData for
Management- and
Compliant
FinancialData for
Management- and
Compliant
Customers: Centralize, Simplify, Standardize
National ComplianceLocal RegulationNational COALocal Calendar
Corp. ComplianceUS GAAP / IAS-IFRSCorp COACorp Calendar$
Joint ComplianceUS GAAP / IAS-IFRSCorp COACorp CalendarA$+$
€
Parent ComplianceUS GAAP / IAS-IFRSCorp COACorp Calendar
€+$+
WORK GLOBALLYTo Be More Competitive
WORK GLOBALLYTo Be More Competitive
THINK GLOBALLYTo Make the Right Decisions
THINK GLOBALLYTo Make the Right Decisions
MANAGE GLOBALLYTo Lower Cost & Increase
Performance
MANAGE GLOBALLYTo Lower Cost & Increase
Performance
How Financials Release 12 Can Help The Global Business Release
• Flexible, centralized, global accounting structure
• 300+ enhancements to best practice business processes
• Comprehensive governance, risk and compliance platform
Work better across applications, divisions, and regions
• Truly integrated performance management
• Real-time profitability analysis
• Unified financial and operational analytic applications
Achieve global view of customer, supplier, partner & operations
• Integration with core industry applications
• Self-service report formats and publication
• Superior ownership experience
Implement, manage, and scale global applications easier
The Global Business Release
Global:1. Of, relating to, or involving the entire earth;
worldwide: global peace; global monetary policies, etc.
2. Comprehensive; total: a... global, generalized sense of well-being
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Release Twelve
The Global Business Release:
A New Financial Architecture
Global Financial Architecture
BankBankModelModel
Tax Tax EngineEngine
InterInterCompanyCompany
General Ledger General Ledger Ledger & Ledger Sets Ledger & Ledger Sets General Ledger General Ledger Ledger & Ledger Sets Ledger & Ledger Sets
Subledger Accounting (SLA) SubledgerSubledger Accounting (SLA) Accounting (SLA) DrDr CrCr
ProjectsProjectsReceivablesReceivablesInventoryInventory
Work in ProcessWork in Process PurchasingPurchasing PayablesPayables
Multi-OrgAccessControl
MultiMulti--OrgOrgAccessAccessControlControl
6 Major Initiatives1. Ledger and
Ledger Sets2. Multi-Org
Access Control
3. Subledger Accounting
4. Tax Engine5. Intercompany6. Bank Model
OU1OU2 OU3
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Multi-Org
Access ControlThinkWork Manage
ResponsibilityResponsibility ResponsibilityResponsibility ResponsibilityResponsibility
HollandLegal Entity
DenmarkLegal Entity
BelgiumLegal Entity
Functional TasksOrder ManagementDunning, Collections, BillingRequisition, Demand & Purchase OrdersReceiving & Drop ShipInvoice Receipt, DisbursementCustomer Data ManagementAccounting Setup
Functional TasksOrder ManagementDunning, Collections, BillingRequisition, Demand & Purchase OrdersReceiving & Drop ShipInvoice Receipt, DisbursementCustomer Data ManagementAccounting Setup
Single Responsibility
BelgiumOperating Unit
HollandOperating Unit
DenmarkOperating Unit
Perform multiple tasks across operating units without changing responsibilities
MOAC: Multi-Org Access ControlRole based access to Operating Units
Multiple Organization Access ControlSummary of Changes
• Security Profiles for data security• MO: Security Profile• List of operating units for a responsibility• Defined in HR
- OU field on UI• all transactions• setup data specific to OU, like transaction type
• Enhanced Multi-Org Reporting and Processing• Ledger/Ledger Set parameter on accounting reports and processes• OU parameter on other standard reports and processes• For example: submit the Payables Open Interface Import w/OU
param null to import all records across all OUs
Multi-Org Access ControlSetup –Define Security Profile
Classify Organization as operating
unit
Select Operating Unit classification
Reporting at the Operating Unit Level
MOAC, Typical Screen in daily use
Select OUs
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Centralized Engines
ThinkWork Manage
Legal Entity: Your Registered Companies
Legal AuthoritiesCountries, States, Local,
Agencies, Taxation,Registrars, Regulators...
Legal EntitiesRegistered Companies,Funds, Partnerships…
Inc. LLC. Ltd. SA. GmBH. Etc. “exist in the outside world”
Management OrgsDivisions, LOBS, Plants, Cost Centers, Whatever =“Decision Making Tags”
Regulates
Managed & analyzed by
PublicCompany
(ultimate parent)
PublicCompany
SubsidiaryCompany
(regional parent)
SubsidiaryCompany
(business parent)
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
• Parent companies (LEs) “own or control” subsidiaries (LEs)
• No outside ring - must pick an LE• LEs create commercial
transactions
Complies
LEs: Why and What?
• LEs pay the taxes - need tax registrations
• Trade between LEsneeds intercompany
• LEs own the moneyand bank accounts
• LEs file the accounts, take care of accounting
• LEs comply with whatever needscompliance: “legal” in LE
Why We Care
• Addresses, Officers, etc.• Enabled First Party
stamp• Added Establishments:
map Registrations to Authorities
• GRE/LE not touched • Authorities as TCA
parties• LE Configurator
What we’ve done
Tabulate your Registered Companies and other forms of LE
Setup and maintain: Legal Entities, Establishments, Jurisdictions, Legal Authorities, Legal Addresses
Where LE fits in…
Transaction Taxes -
Complies &Files, Pays
Actual RegisteredCompanies, etc.
Et Cetera, 11iMaintains its SubledgerDocuments in many OUsDefault LegalContext (DLC)
Maintains its SubledgerDocuments in many OUsDefault LegalContext (DLC)
Accounts for itself
in a Ledger or BSVs
Accounts for itself
in a Ledger or BSVs
LegalEntity
Ledger
BusinessGroup
GRE/LE
OperatingUnits
Registrationswith Authorities Files Files
FilesFiles
Establishments
Registrationswith Authorities
ExistsLocallyExistsLocally
Legal Entity:Vehicle for compliance
Legal Entity:Vehicle for compliance
Transaction Taxes -
Complies &Files, Pays
Actual RegisteredCompanies, etc.
Et Cetera, 11iMaintains its SubledgerDocuments in many OUsDefault LegalContext (DLC)
Maintains its SubledgerDocuments in many OUsDefault LegalContext (DLC)
Accounts for itself
in a Ledger or BSVs
Accounts for itself
in a Ledger or BSVs
LegalEntity
Ledger
BusinessGroup
GRE/LE
OperatingUnits
Registrationswith Authorities Files Files
FilesFiles
Establishments
Registrationswith Authorities
ExistsLocallyExistsLocally
Legal Entity:Vehicle for compliance
Legal Entity:Vehicle for compliance
Get the LE right - compliance falls into place
Let’s put LEs to work
• Isolate legal compliance from management needs• Track your registered companies• Make your compliance flow more easily
Accounting Setup ManagerAssign books, bookkeeping rules and currency management to your registered companies
eBusiness TaxHave your registered companies calculate, file, and pay the transaction taxes they owe
IntercompanyDo business between and across your registered companies with full legal documentation
Bank ModelHave your registered companies use their money to pay their bills, et cetera
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Accounting Setup Manager ASM
ThinkWork Manage
Define Multiple Ledgersfor Rules & Currencies
Define Legal Entities& Associated Rules
One Place to manageYour Global Accounting
Rules, Currencies,Ledgers,
And Ledger Sets Set Accounting Rulesfor All EBS Apps
Ensure Complete & Accurate
Setup via Online Checklist
Centralized Set-upAccounting Setup Manager
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SubLedger Accounting
ThinkWork Manage
ProjectsProjectsProjectsReceivablesReceivablesReceivables
PayablesPayablesPayables
3rd Party Systems3rd Party Systems
InventoryInventoryInventory
3rd Party Systems3rd Party Systems
Centralized Accounting PoliciesGreater Control, Transparency and Auditability
• Internal control and compliance with multiple accounting policies through user-defined accounting rules
• Single source of truth for all subsystem accounting activity with a common data model and repository
• Accounting, reconciliation and reporting facilitated by centralized data model
• Streamline closing processwith common posting engine
• Auditable and transparent entries accessible with full drilldown
Centralized Accounting Model, Rules, Engine and RepositoryCentralized Accounting Model, Centralized Accounting Model, Rules, Engine and RepositoryRules, Engine and Repository
DrDr CrCr
General Ledger General Ledger General Ledger General Ledger
Work in ProcessWork in ProcessWork in Process PurchasingPurchasingPurchasing
Subledger AccountingCentralized Rules, Common Repository: Global Control
Payables InvoicePayables Invoice
French RulesPlan ComptableFrench CalendarEUR
Ledger
SubledgerAccountingSubledgerAccounting
Dr Cr
• Faster, Easier Reconciliation
• Corporate Rules = Accounting Standardization
• Local Rules = Improved Local Compliance
• Automate “Apples to Apples” Adjustments
• Improved Audit-ability
• Improved Internal Control
Some Benefits• Accounting Rules
• SarBox & 8th Dir.• User Editable
• Subledger Daybooks (Journals)
• Subledger Balancing• Reports, inquiries, open
items, et cetera• Multiple
Representations• Common Posting to GL
Ledgers • Real time or Periodic
What it is
US GAAPUS GAAPUS COAUS COAUS CalendarUS CalendarEUREUR
Ledger BLedger BFrench RulesFrench RulesPlan Plan ComptableComptableFrench CalendarFrench CalendarEUREUR
Ledger ALedger A
Multiple Accounting RepresentationsGlobal Compliance – Statutory and Stock Market
SubledgerAccountingSubledgerSubledgerAccountingAccounting
Single subledgertransaction
can create multipleaccounting
representationsand in multiple
currencies
Single subledgertransaction
can create multipleaccounting
representationsand in multiple
currencies
DrDr CrCr
Payables InvoicePayables InvoicePayables Invoice
Chose to use an alternative Ledger -
or just an AdjustmentLedger or segment
Chose to use an alternative Ledger -
or just an AdjustmentLedger or segment
or
Multiple LedgersMultiple Ledgers
Subledger AccountingTransaction Level Compliance
Event Class: InvoicesEvent: Invoice Approved Ledger: France (EUR)GL Date: 20-Sep-2005Description: Office supplies Type Account Description Debit Credit
Asset purchase 01.9100010.100 Paris: furniture 10,000Misc expense 01.9100020.100 Paris: supplies 400Misc expense 01.9100020.200 Nantes: supplies 100Misc expense 01.9100020.300 Nice: supplies 300VAT 01.3100060.000 VAT@17% 1,836Accounts Payable 01.7000010.000 ABC Supplies 12,636
12,636 12,636
• National Daily Journal Requirements• Internal Control: Central Definitions, Eliminate overrides
• Policy Enforcement in Volume Processing• Transparent Accounting Rules• Debits & Credit at the point of the event• Automate Foreign Operation adjustments• Reconciliation
Platform• “In accordance
with theUnderlyingRecords”
SourcesSubledger Accounting
Accounting Methods Builder (AMB)
Description
Line Type
Account Derivation Rule
Subledger Accounting
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Ledger Sets
ThinkWork Manage
Ledger Sets Global Information At A Glance
Ledger SetLedger SetLedger Set
Key benefits to many Ledgers in one set• Decision-driving business information always available• Simpler processing and General Ledger management• Data and definitions that can be shared and secured
US GAAPUS COAUS CalendarUSD
US GAAPUS COAUS CalendarUSD
Ledger CLedger CLedger C
US GAAPUS COAUS CalendarEUR
Ledger BLedger B
French RulesPlan ComptableFrench CalendarEUR
Ledger ALedger A
Share:Chart of AccountsCalendar
Share:Share:CChart of Accountshart of AccountsCCalendaralendar
Ledger DLedger DLedger D
Reporting Currency
US GAAPUS COAUS CalendarAUD
Currency in Twelve
• Transaction Currencies• Accounting Currency in Primary Ledger• Reporting Currency in Primary Ledger• More Accounting Currencies in Secondary Ledgers
• For every transaction OR• For SLA Posting level / GL activity level
• Balance level Translation or Remeasurement in Ledgers – within Ledger sets, run at one click
• Balance & Activity level Translation or Remeasurement in Financial Consolidation Hub
• Enhanced Revaluation• [Functional Currency term dropped: conflicts with IAS 21 / FAS 52]
Ledger Sets – Work them your way
CorporateLedger Set
adjustments eliminations
UK Ledger Set
US Ledger Set
Legal LedgerUK1
Legal LedgerUK2
Adj LedgerCorporate
Adjustment Ledger UK
Adjustment Ledger US
Legal LedgerUS1
Legal LedgerUS3
Legal LedgerUS2
ManagementLedger SetManagementLedger Set
• Automate GAAP / IAS adjustments in an adjusting ledger
• Eliminate within a Set with GCS• Consolidate Formally in FCH• Map from a non-conforming COA
with a GCS Ledger
• Automate GAAP / IAS adjustments in an adjusting ledger
• Eliminate within a Set with GCS• Consolidate Formally in FCH• Map from a non-conforming COA
with a GCS Ledger
• Set of 26 Ledgers in one country• Euro Zone in One Ledger Set• My Corporate Set in US GAAP• Statutory Set for Country Y Subs• Division X Worldwide Ledger Set
• Set of 26 Ledgers in one country• Euro Zone in One Ledger Set• My Corporate Set in US GAAP• Statutory Set for Country Y Subs• Division X Worldwide Ledger Set
• Data Access Sets • Grant and tailor access to Ledgers and Balancing Segment
Values (i.e. Companies, Stores, Branches, etc.)
Data Access, Definition Access
Accountant
Privileges
France LedgerFrance Ledger
Canada LedgerCanada Ledger
US LedgerUS Ledger
GL ManagerView Write
• Definition Access Sets – separate from data security• Share, restrict definitions; privileges to view, modify, etc.
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eBusiness Tax
ThinkWork Manage
Automation• Tax content for certain countries• Vertex and Taxware integration for U.S. • Integrity checks during setup process
Constant Changes in Tax Laws and Regulations
• Date effective setup • Tax rules flow for change or creating rules • Tax simulator for setup, rules, and transactions
Business NeedsBusiness Needs SolutionSolution
Local Compliance• Tax registrations and tax reporting codes• Tax lines determine applicable taxes• Configurable tax reporting templates
Centralized Global TaxLess Complex Global Tax Compliance
Information Visibility
• Single set up for all Oracle applications• Use of E-Business Suite components such as trading partner geography,
trading partner classification, legal entity, inventory item categorization, and accounting event.
Tax Transactions
Tax Transactions
Taxes,RulesTaxes,Rules
Oracle E-Business TaxProcessing taxes for transactions and reporting
DetermineRegimes
TaxableBasis
CalculateTax
AmountTax Status
& RateApplicable
Taxes
Single Interface for TransactionsSingle Interface for Transactions
Transparent Integration with Tax Partner ServicesTransparent Integration with Tax Partner Services
PartiesParties
PlacesPlaces
ProductsProducts
ProcessesProcesses
Payables
Receivables
Purchasing
Transactions
Sales Orders
… Tax Reports- PDF, HTML, RTF- Security enabled
Extensible Service Oriented Architecture
Compliance, Assurance Efficiency, Global Visibility
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Advanced Intercompany
AGISThinkWork Manage
Web UIWeb UI
Open Open Interfaces / Interfaces /
APIAPI
Excel Excel (Web ADI)(Web ADI)
Advanced GlobalIntercompany
System
Advanced GlobalIntercompany
System SubledgerSubledgerInvoices &Invoices &DocumentsDocuments
Generate Generate subledgersubledger invoicesinvoicesControl transaction entry with Control transaction entry with IntercompanyIntercompany CalendarCalendarFully Configurable Approval RulesFully Configurable Approval RulesFlexible Security ModelFlexible Security ModelCentrally defined Centrally defined IntercompanyIntercompanyAccountsAccounts
Online Online Reconciliation Reconciliation
ReportingReporting
XML XML Publisher Publisher ReportsReports
Advanced Global Intercompany SystemAddress the Top Barrier to a Fast Close
SubledgerAccountingSubledgerSubledgerAccountingAccounting
DrDr CrCr
General General Ledger Ledger ReceivablesReceivablesReceivables PayablesPayablesPayables
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Banking Model
ThinkWork Manage
• Bank account is now associated with LE entity rather than Operating Unit
• Single bank account serves multiple Operating Units
• Any and all Operating Units associated with a ledger can be permitted to use the bank account
AssetsAssets
ProjectsProjectsReceivablesReceivables
PayablesPayablesPurchasingPurchasing
ProjectsProjectsReceivablesReceivables
PayablesPayables
InventoryInventory
PlusCentralized Credit Card ModelCredit Card EncryptionSupplier & Customer Banks in TCA
Centralized BankingShared Services Disbursements
Work in ProcessWork in Work in ProcessProcess
LE
OU A OU B OU C
BanksDefine Owner of Bank Account
Legal Entity
BanksGrant OU Access to Bank Account
Operating Units
Bank Model: Example of what you can doPay invoices from different OUs with 1 instruction
• New Payments Module• New Bank Model• New Bank & Credit Card
Features
Pool of Built
Payments
PaymentBuild
Select Invoices
PayablesUser 1
SelectionBatch 1
PaymentBuild
Select Invoices
PayablesUser 1
SelectionBatch 1
PaymentInstruction
PaymentInstruction
TransmitPayments
PrintPayments
PaymentInstructionCreation
Bank Model: Example of what you can doPay invoices from different OUs with 1 instruction
Payables’ Payments Dashboard
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New StandardReporting Paradigm
ThinkWork Manage
XML/EFT/EDIXML/EFT/EDI
ReportsReportsLabelsLabels
InvoicesInvoices ChecksChecks
XML PublisherXML Publisher
DestinationsDestinations
XML PublisherEnable Business Users to Format and Deliver Documents
Integrated Solution For:• Formatting• Managing• DeliveringYour Business Documents
• Meet Business Requirements
• Remove Complexity• Reduce Maintenance Cost• Reduce TCO
The New Standard Reports ParadigmXML Publisher and 835 Templates in the EBS
• Put reporting in the hands of the business user
• Create report formats using desktop tools (Adobe Acrobat, MS Word, MS Excel, and XML Editors)
• Publish in any format, to the web and electronically
• Drive reporting consistency with one source of data
Why you’ll love it• Replaces many standard
reports with data extracts and templates
• Merges custom templates and data extracts at run-time
• Delivers output in PDF, HTML, RTF, Excel (HTML), or text for use with EFT and EDI transmissions
• Example• 98 removed reports in JE/JG• 19 Extracts, 86 Templates
What’s Happening
Integrate Out-of-the-Box with Oracle Applications
Templates
XML PublisherOracle
Applications
CRM
Projects
FMS
HCM
SCM
Output FormatsData Sources
Any XMLData Source
PDFRTF
Business User
PublishingEngine
XML
• Email• Printer• Fax
HTMLXML
Letters
FundTransfers
OnlinePaychecks
OrderConfirmations
Bills GovernmentGrant Forms
Destination
EDIExcel
XML PublisherBusiness Users Format and Deliver Documents
Cross OU Reporting
• Enhanced Multi-Org Reporting• Ledger/Ledger Set parameter on accounting reports and
processes• OU parameter on other standard reports and processes
• Create XMLP Extracts & Templates that cross OU• You can mix as many languages as you want. • You can have templates translation extracted
• XMLP will merge the right language based on the user locale (and the data).
• You can have the template with no text, and drive everything from the xml data
Data ManagementLeveraging centralized data model
Oracle Fusion MiddlewareOracle Fusion Middleware
Trading Community Architecture
Trading Community Architecture
ERPERP CRMCRM 3rd Party3rd Party
PayablesPayablesPurchasingPurchasing
Global Tax PaymentsPayments
SuppliersAuthorities, etc Party
Information
Cash ManagementBanks and Branches
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Sharing Services
ThinkWork Manage
Shared Service Infrastructure
(Serves Informal and Formal)Organizational AccessCross Org Processes
Banking ModelInter Unit Accounting
All Together: Easier To Share ServicesCentral processing, Distributed impact
SSCs(Formal)
SLAs & TaxInter-LE
Formal SSCsAt home or overseasCall Centers, OutsourcingOffshoring, SAS 70, On Demand
Informal Service SharingProcess EfficiencyDecentralized Depts.Centralized Depts..Normal BusinessPractice
Ledgers & Ledger SetsLedgers with
Balancing SegmentsMOAC across OUs
IntercompanyBank Model
Tax
Ledger and Ledger SetsSubledger Accounting
Intercompany, Tax EngineMOAC across LEs, Bank
Internal Controls Manager
Share Services, maintain privacyExploit cross-OU processes
Yesterday: An LE Group in 1 SoBwith 1 OU - no partitioning
Twelve: Introduce partitioning without sacrificing processes
AssetsAssets
ProjectsProjectsReceivablesReceivables
PayablesPayablesPurchasingPurchasing
ProjectsProjectsReceivablesReceivables
PayablesPayables
InventoryInventory
Work inProcessWork inProcess
Ledgers inLedger Sets,
New OUsMOAC
InventoryInventory
Work inProcessWork inProcess
AssetsAssets
ProjectsProjectsReceivablesReceivables
PayablesPayablesPurchasingPurchasing
ProjectsProjectsReceivablesReceivables
PayablesPayables
InventoryInventory
Work inProcessWork inProcess
• Work Globally• Global Order Desk• Global Procurement• Global Billing• Global Dunning
• Think Globally• Global Ledger Sets –
worldwide insight• Global Reporting
• Manage Globally• Global Accounting
Rules• Global Set-up• Global Integration
What the Architecture Gets You
Release 12 Subsidiary LEs….
…account for themselves in Ledgers, and…
Ledger Set
Company CompanyCompany
ProjectsProjectsReceivablesReceivablesInventoryInventory
Work in ProcessWork in Process PurchasingPurchasing PayablesPayables
Multi-OrgAccessControl
MultiMulti--OrgOrgAccessAccessControlControl
manage their subledger data in Operating Units
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It is not all architecture:
+300 FeaturesThinkWork Manage
“Ability to issue one payment instruction to the bank for payments of invoices in multiple operating units was viewed as a huge benefit from the user community.”
“We have 60 sets of books and see tremendous efficiencies with running processes across these sets of books using Ledger Sets.”
Why UpgradeStraight Talk from Customers
“The ability to access multiple operating units with a single responsibility can simplify SOX compliance monitoring.”
“Multi-Org Access Control (MOAC) will definitely reduce the workload and the number of people performing process related tasks. The users are very excited and the benefits of MOAC were readily visible to them.”
“Banks, taxes, payments, and accounting – everything that becomes centralizedwill bring tremendous efficiencies to our organization.”
“The functionality offered with Advanced Global Intercompany System (AGIS), specifically the creation of physical invoices to be created for I/C transactions in Payables and Receivables eliminates many customizations in this area.”
“Centralization of subledger accounting rules would minimize set up and maintenance, providing greater financial control, and enforcing a consistent approach for true global accounting.”
Why UpgradeStraight Talk from Partners
“The new financials architecture will enable our joint clients to work globally to be more competitive, think globally to make the right decisions, and manage globally to lower cost and increase performance.”
-- Brian A. Mitchell, IBM Global Business Services Worldwide and Americas Oracle Practice Lead Executive
“Oracle continues to invest in a better user experience in E-Business Suite Financials Release 12—from centralized accounting, tax and supplier maintenance to a new user interface.”
-- Sean Malinski, Accenture Partner, Global Business Solutions - Oracle Practice
“IBM found the Oracle E-Business Suite Release12 to be rich in the functionality that our clients need to succeed in today's business world.”
-- Brian A. Mitchell, IBM Global Business Services Worldwide and Americas Oracle Practice Lead Executive
Why UpgradeMultinational Customers
Manage complexity at lower cost
Comply with international regulations and standards
Reduce upgrade risk
Why UpgradeDomestic Customers
Lower TCO
Improve user experience
Reduce upgrade risk
ControlledTransactionEntry
ControlledTransactionEntry
Comprehensive and compliant
processing
Comprehensive and compliant
processing
Transparent Audit,
Reconciliation& Drilldown
Transparent Audit,
Reconciliation& Drilldown
Easy ReportingEasy Reporting
AnalyticsAnalytics
Work Globally, to be more competitive
Think Globally, to make the right decisions
Manage Globally, to lower cost and increase performance
FinancialData for
Management- and
Compliant
FinancialData for
Management- and
Compliant
Customers: Centralize, Simplify, Standardize
National ComplianceLocal RegulationNational COALocal Calendar
Corp. ComplianceUS GAAP / IAS-IFRSCorp COACorp Calendar$
Joint ComplianceUS GAAP / IAS-IFRSCorp COACorp CalendarA$+$
€
Parent ComplianceUS GAAP / IAS-IFRSCorp COACorp Calendar
€+$+
MOAC, +300 FeaturesMOAC, +300 Features
SLA,Tax
SLA,Tax
Ledger Sets,Ledgers
Ledger Sets,Ledgers
XML Publisher Reporting
XML Publisher Reporting
Profitability Mgr,EPBProfitability Mgr,EPB
SubledgerSubledger
Work Globally, to be more competitive
Think Globally, to make the right decisions
Manage Globally, to lower cost and increase performance
DBI, FCHDBI, FCH
Intercompany, Bank, Payments
Intercompany, Bank, Payments
General Ledger
General Ledger
TransactionsTransactions
Release 12: The Global Business Release
OICMOICM
TCA, LETCA, LE
National ComplianceLocal RegulationNational COALocal Calendar
Corp. ComplianceUS GAAP / IAS-IFRSCorp COACorp Calendar$
Joint ComplianceUS GAAP / IAS-IFRSCorp COACorp CalendarA$+$
€
Parent ComplianceUS GAAP / IAS-IFRSCorp COACorp Calendar
€+$+
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