oracle e-business suite what’s new in financials release 12 sue guggenberger sales consultant
TRANSCRIPT
Oracle E-Business SuiteWhat’s New in Financials Release 12
Sue GuggenbergerSales Consultant
© 2006 Oracle Corporation – Proprietary and Confidential
Today’s Quiz
Implemented standard processes across the enterprise?
35% 55% 75%
Adopted a standard chart of accounts across the enterprise?
26% 56% 86%
Adopted functional best practices across the enterprise?
12% 32% 52%
Rationalized finance platforms? 7% 17% 27%
What percent of companies have …
Source: The Agile CFO, IBM Business Consulting Services
© 2006 Oracle Corporation – Proprietary and Confidential
Finance PerformanceSuffering from Lack of Standardization
Transactional ActivitiesControl ActivitiesDecision Support, Performance Mgmt
47%26%
27%
The Agile CFO, IBM Business Consulting Services, 2005
HOW FINANCE SPENDS ITS TIME
• Nearly 50% on routine work
AREAS THAT FINANCE NEEDS TO IMPROVE
Effectively leveraging technology 91%
Helping the company reduce risk 85%
Providing management information for decision making
76%
Overall cost effectiveness 74%
Dealing with complexity 72%
Dealing with regulations 71%
Corporate Finance Departments Leaving Money on the Table , PWC Management Barometer, 2006
© 2006 Oracle Corporation – Proprietary and Confidential
• What’s on the mind of the CFO?What’s on the mind of the CFO?
• How can Financials Release 12 help?How can Financials Release 12 help?
• Why Upgrade?Why Upgrade?
Agenda
© 2006 Oracle Corporation – Proprietary and Confidential
GLOBALIZATION…Today’s workforce, customers, suppliers, and competitors have all become global
COMPLEXITY AND COSTS… Globalization brings complexity with it, and unnecessary complexity drives up costs
INNOVATION AND GROWTH… Not just any growth, but growth that creates value
GOVERNANCE, RISK & COMPLIANCE…Companies are under pressure to do more than just meet the letter of the law
Today’s CFO Agenda
© 2006 Oracle Corporation – Proprietary and Confidential
Source: PWC, 9th Annual Global CEO Survey
EXTENT TO WHICH VALUE CREATING ACTIVITIES INCREASE COMPLEXITY
Globalization Adds Complexity
39
39
34
36
33
26
29
26
29
33
36
35
33
42
10
11
16
16
23
32
23
0 20 40 60 80 100
Outsourcing
Business Process Localization
Offshoring
Strategic Alliances
New Product Launches
M&A
Expansion into New Territories
Percent
Some Extent
Large Extent
Very Large Extent
77% of global CEOs say the level of complexity in their organizations is higher than 3 years ago
© 2006 Oracle Corporation – Proprietary and Confidential
Complexity Drives Up Costs
Co
st s
Complexity
• Fragmented systems• Varied policies, processes, controls, and
systems• Manual processes
• Fragmented systems• Varied policies, processes, controls, and
systems• Manual processes
• Consolidated systems• Standard policies, processes, controls and
systems• Automated and best practice processes
• Consolidated systems• Standard policies, processes, controls and
systems• Automated and best practice processes
© 2006 Oracle Corporation – Proprietary and Confidential
50%
Senior executives say simplification is driving the Finance agenda
Major Focus
STANDARDIZING operating practices and controls
69%
STANDARDIZING policies and business rules
66%
STANDARDIZING and integrating finance systems
59%
Adopting BEST PRACTICES 58%
Optimizing the finance organization and its reporting structure
52%
Reducing reliance on spreadsheets 33%
Source: PWC Management Barometer
Back to the BasicsConsolidate, Centralize, and Standardize
© 2006 Oracle Corporation – Proprietary and Confidential
<Insert Picture Here>
“We’ve provided corporate assurance from a controllership perspective by centralizing our
foundational accounting activities, defining our corporate policies and procedures, and standardizing our
processes.”
Anthony SalcidoVP and Corporate Controller,
Toyota Motor Sales USA
© 2006 Oracle Corporation – Proprietary and Confidential
GLOBALIZATION• Work across applications,
divisions and regions• Achieve global view of
customer, supplier, partner and operations
• Manage global applications easier
COMPLEXITY AND COSTS• Quickly integrate new
businesses• Support growth at lower
cost• Meet varied reporting
standards
INNOVATION AND GROWTH• Adapt to business change• Make the right investments• Drive performance
GOVERNANCE, RISK & COMPLIANCE
• Control costs and risks• Protect your resources• Enforce accountability
How Oracle Financials Can HelpThe World’s Most Flexible and Complete Solution
© 2006 Oracle Corporation – Proprietary and Confidential
GLOBALIZATION• Work across applications,
divisions and regions• Achieve global view of
customer, supplier, partner and operations
• Manage global applications easier
COMPLEXITY AND COSTS• Quickly integrate new
businesses• Support growth at lower
cost• Meet varied reporting
standards
INNOVATION AND GROWTH• Adapt to business change• Make the right investments• Drive performance
GOVERNANCE, RISK & COMPLIANCE
• Control costs and risks• Protect your resources• Enforce accountability
How Oracle Financials Can HelpThe World’s Most Flexible and Complete Solution
© 2006 Oracle Corporation – Proprietary and Confidential
GLOBALIZATION• Work across applications,
divisions and regions• Achieve global view of
customer, supplier, partner and operations
• Manage global applications easier
COMPLEXITY AND COSTS• Quickly integrate new
businesses• Support growth at lower
cost• Meet varied reporting
standards
INNOVATION AND GROWTH• Adapt to business change• Make the right investments• Drive performance
GOVERNANCE, RISK & COMPLIANCE
• Control costs and risks• Protect your resources• Enforce accountability
How Oracle Financials Can HelpThe World’s Most Flexible and Complete Solution
© 2006 Oracle Corporation – Proprietary and Confidential
GLOBALIZATION• Work across applications,
divisions and regions• Achieve global view of
customer, supplier, partner and operations
• Manage global applications easier
COMPLEXITY AND COSTS• Quickly integrate new
businesses• Support growth at lower
cost• Meet varied reporting
standards
INNOVATION AND GROWTH• Adapt to business change• Make the right investments• Drive performance
GOVERNANCE, RISK & COMPLIANCE
• Control costs and risks• Protect your resources• Enforce accountability
How Oracle Financials Can HelpThe World’s Most Flexible and Complete Solution
© 2006 Oracle Corporation – Proprietary and Confidential
GLOBALIZATION• Work across applications,
divisions and regions• Achieve global view of
customer, supplier, partner and operations
• Manage global applications easier
COMPLEXITY AND COSTS• Quickly integrate new
businesses• Support growth at lower
cost• Meet varied reporting
standards
INNOVATION AND GROWTH• Adapt to business change• Make the right investments• Drive performance
GOVERNANCE, RISK & COMPLIANCE
• Control costs and risks• Protect your resources• Enforce accountability
How Oracle Financials Can HelpThe World’s Most Flexible and Complete Solution
© 2006 Oracle Corporation – Proprietary and Confidential
• What’s on the mind of the CFO?
• How can Financials Release 12 help?
• Why Upgrade?
Agenda
© 2006 Oracle Corporation – Proprietary and Confidential
Safe Harbor Statement
The following is intended to outline our general
product direction. It is intended for information
purposes only, and may not be incorporated into any
contract. It is not a commitment to deliver any
material, code, or functionality, and should not be
relied upon in making purchasing decision. The
development, release, and timing of any features or
functionality described for Oracle’s products remains
at the sole discretion of Oracle.
© 2006 Oracle Corporation – Proprietary and Confidential
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
Financials Release 12 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
© 2006 Oracle Corporation – Proprietary and Confidential
<Insert Picture Here>
WORK Globally
© 2006 Oracle Corporation – Proprietary and Confidential
ProjectsProjectsReceivablesReceivables
PayablesPayables
3rd Party Systems3rd Party Systems
Centralized Accounting Model, Rules, Engine and Repository
Centralized Accounting Model, Rules, Engine and Repository
DrDr CrCr
InventoryInventory3rd Party Systems3rd Party Systems
General Ledger
Work in ProcessWork in ProcessPurchasingPurchasing
E-Business SuiteE-Business Suite
Global ArchitectureMore Control, Greater Flexibility, Lower Costs
Banking Global Tax Intercompany Accounting
ROLE BASED ACCESS to Operating Units
3333
MULTIPLE LEDGERS
ACCOUNTING
BANK MODEL
TAX ENGINE
INTERCOMPANY
Centralized Architecture 2222
LEGAL ENTITY
1111
2.1
2.2
2.3
2.4
2.5Legal Entity
© 2006 Oracle Corporation – Proprietary and Confidential
Multiple Ledgers More Efficient Period-end Processing
Ledger Ledger SetSet
Ledger Ledger SetSet
Ledger Set Benefits:• Cross/Multiple Ledger processing and reporting• Data and definitions that can be shared and secured• Native support for multiple accounting representations
French RulesPlan ComptableFrench Calendar
EUR
Ledger BLedger B
Must Share:Must Share:CChart of hart of AccountsAccounts
CCalendaralendar
Must Share:Must Share:CChart of hart of AccountsAccounts
CCalendaralendar
US GAAPUS COAUS Calendar
EUR
Ledger ALedger A
US GAAPUS COAUS Calendar
GBP
Ledger DLedger DLedger DLedger D
Defined by 4 C’s:Defined by 4 C’s:•Accounting Accounting CConventiononvention
•CChart of hart of AccountsAccounts
•CCalendaralendar•CCurrencyurrency
Defined by 4 C’s:Defined by 4 C’s:•Accounting Accounting CConventiononvention
•CChart of hart of AccountsAccounts
•CCalendaralendar•CCurrencyurrency
Reporting Currency
11
Ledger CLedger CLedger CLedger C
US GAAPUS COAUS Calendar
USD
US GAAPUS COAUS Calendar
USD
© 2006 Oracle Corporation – Proprietary and Confidential
Why We CareWhy We CareWhy We CareWhy We Care
• Tax• Registered companies calculate,
file, and pay the transaction taxes they owe
• Intercompany• Do business between and across
your registered companies with full legal documentation
• Bank Model• Registered companies use their
money to pay their bills, etc.
• Accounting• Assign books, bookkeeping rules
and currency management to your registered companies
LE’s in Release 12LE’s in Release 12LE’s in Release 12LE’s in Release 12
Get the Legal Entity Right Compliance falls into place
• LEs pay the taxes• Need tax registrations
• Trade between LEs• Need intercompany
• LEs own the money and bank accounts
• LEs file the accounts• Takes care of accounting
2.12.1
© 2006 Oracle Corporation – Proprietary and Confidential
Centralized Legal Entity ManagementEasier Compliance for Complex Structures
PublicCompany
PublicCompany
SubsidiaryCompany
(regional parent)
SubsidiaryCompany
(business parent)
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
Legal entities (parent and subsidiary)
“Group” structure
2.12.1
Registered Company Requirements
ACCOUNTING• Manage books, bookkeeping
rules and currencies
TAX• Calculate, file, and pay
transaction taxes
INTERCOMPANY• Legally document business
transactions between registered companies
BANK MODEL• Segregate money between
registered companies to pay bills, etc.
© 2006 Oracle Corporation – Proprietary and Confidential
Centralized Accounting PoliciesGreater Control, Transparency and Auditability
2.22.2
ProjectsProjectsReceivablesReceivables
PayablesPayables
3rd Party Systems3rd Party Systems
InventoryInventory3rd
Party Systems
3rd Party
Systems
General Ledger
Work in ProcessWork in ProcessPurchasingPurchasing
E-Business SuiteE-Business Suite
• 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 process with common posting engine
• Auditable and transparent entries accessible with full drilldown
Banking Global Tax Intercompany Accounting
Legal Entity
Centralized Accounting Model, Rules, Engine and Repository
Centralized Accounting Model, Rules, Engine and Repository
DrDr CrCr
© 2006 Oracle Corporation – Proprietary and Confidential
US GAAPUS GAAPUS COAUS COAUS US CalendarCalendar
EUREUR
Ledger ALedger A
French RulesFrench RulesPlan Plan ComptableComptableFrench French CalendarCalendar
EUREUR
Ledger BLedger B
Multiple Accounting RepresentationsParallel Financial Reporting
CentralizCentralized ed
AccountiAccountingng
CentralizCentralized ed
AccountiAccountingng
Single business transactionSingle business transactioncan create multiplecan create multiple
accounting representationsaccounting representationsand in multiple currenciesand in multiple currencies
Single business transactionSingle business transactioncan create multiplecan create multiple
accounting representationsaccounting representationsand in multiple currenciesand in multiple currencies
DrDr CrCr
Payables InvoicePayables InvoicePayables InvoicePayables Invoice
+11 2.22.2
© 2006 Oracle Corporation – Proprietary and Confidential
• 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
PlusCentralized Credit Card Model
Credit Card EncryptionSupplier & Customer Banks in
TCA
Centralized Banking and PaymentsFunds Disbursements and Capture
LE
OU A OU B OU C
2.32.3
ProjectProjectss
ProjectProjectss
ReceivableReceivabless
ReceivableReceivabless
PayablePayabless
PayablePayabless
InventoInventoryry
InventoInventoryry
Work in Work in ProcessProcessWork in Work in ProcessProcess
PurchasinPurchasingg
PurchasinPurchasinggE-Business SuiteE-Business SuiteE-Business SuiteE-Business Suite
AssetAssetss
AssetAssetss
© 2006 Oracle Corporation – Proprietary and Confidential
OU A
OU B
OU CBank
Single Payment
Instruction
Invoices
Payments
Example: Shared Service Disbursement
1. Setup accounting policies
2. Select invoices from multiple OUs
3. Format for bank and disbursement countries
4. Send single instruction to bank
5. Generate separate payments for each OU
Centralized Centralized AccountingAccountingCentralized Centralized AccountingAccounting
© 2006 Oracle Corporation – Proprietary and Confidential
Centralized Global TaxLess Complex Global Tax Compliance
Operational Efficiency
• Automated processing based on predefined tax rules
• Simplified tax configuration (shared across legal entities and Oracle apps)
• Standard services to all eBusiness applications
• Integration with external tax vendors (Taxware and Vertex in the U.S.)
BenefitsBenefits SolutionSolution
Global Management, Local Compliance
• Single data model for rules and transactions across geographies and applications
• Centralized tax repository provides global visibility
• Self-Service for Tax Managers
Information Visibility
• Tax reporting ledger provides single source of the truth and complete auditability
• Configurable tax reporting templates
• Tax simulator for setup, rules, and transactions
2.42.4
© 2006 Oracle Corporation – Proprietary and Confidential
Tax Transactions
Tax Transactions
Taxes,RulesTaxes,Rules
DetermineRegimes
TaxableBasis
CalculateTax
Amount
Tax Status& Rate
ApplicableTaxes
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
Oracle eBusiness Tax Processing taxes for transactions and reporting
© 2006 Oracle Corporation – Proprietary and Confidential
Manual Entry
Open Interfaces /
API
Excel(Web ADI)
Advanced GlobalIntercompany
System
Advanced GlobalIntercompany
SystemSubledgerInvoices &Documents
Generate subledger invoices
Control transaction entry with Intercompany Calendar
Fully Configurable Approval Rules
Centrally defined Intercompany Accounts
Transaction-level balancing
Online Reconciliation
Reporting
XML Publisher Reports
Subledger AccountingSubledger Accounting
DrDr CrCr
General Ledger Receivable
sReceivable
sPayable
sPayable
s
Centralized Intercompany Faster Period-End Close
2.52.5
© 2006 Oracle Corporation – Proprietary and Confidential
Responsibility Responsibility Responsibility
Role-Based AccessMore Productive Shared Services Operations
Holland
Legal Entity
Denmark
Legal Entity
Belgium
Legal Entity
Perform multiple tasks across operating units without changing responsibilities
ResponsibilityResponsibility ResponsibilityResponsibility ResponsibilityResponsibilitySingle Responsibility
Functional TasksAccounting Billing, Dunning & Collections
ProcurementOrder ManagementPaymentsData Management
Holland
Operating Unit
Denmark
Operating Unit
Belgium
Operating Unit
3
© 2006 Oracle Corporation – Proprietary and Confidential
<Insert Picture Here>
Governance, Risk and Compliance
© 2006 Oracle Corporation – Proprietary and Confidential
* Available Pre-R12
Financial Consolidation Hub
Governance, Risk & Compliance
• Compliant access provisioning
• Continuous monitoring of profile options
• Monitoring of application controls at supplier sites
• Online and report history of application control changes
New in GRC
• Monitor consolidation process and certification status
• Drill-back to certification status in ICM
• Spreadsheet drill-back to source transactions
• Dynamic spreadsheet-based statutory and mgmt reporting
New in FCH
Global Compliance and Reporting*Integrated Financial Reporting & Compliance Mgmt
© 2006 Oracle Corporation – Proprietary and Confidential
FinancialConsolidation
FinancialConsolidation
OperatingBalances
SAP
PeopleSoft E
JD Edwards E1
Oracle EBS
Legacy Apps
One-TouchConsolidation
ReportGeneration
Multi-DimensionalAnalysis
ResultsAuditing
DataTransformation
& Validation
ComplianceCertification
Global Visibility and IntegrationFinancial Consolidation Hub
© 2006 Oracle Corporation – Proprietary and Confidential
Interactive Interactive spreadsheet spreadsheet
with with live drill to live drill to
transactionstransactions
Financial Consolidation Hub Spreadsheet Reporting with Live Drill
© 2006 Oracle Corporation – Proprietary and Confidential
Oracle Governance, Risk, and Compliance
Infrastructure Services
Data Security
Identity Mgmt
Content Mgmt
Change Mgmt
Data Audit
Processes
Applications
Risk & Compliance Mgmt
Controls Management
Policy Mgmt
Industry Specific
Oracle SAP Custom Legacy Other
Insight
Risk & ControlIntelligence
OperationalIntelligence
PerformanceManagement
Repository
© 2006 Oracle Corporation – Proprietary and Confidential
Infrastructure Services
Data Security
Identity Mgmt
Content Mgmt
Change Mgmt
Data Audit
Processes
Applications
Risk & Compliance Mgmt
Controls Management
Policy Mgmt
Industry Specific
Oracle SAP Custom Legacy Other
Insight
Risk & ControlIntelligence
OperationalIntelligence
PerformanceManagement
Repository
Oracle Governance, Risk, and ComplianceBest-in-Class Infrastructure Automates Enforcement
• Ensure information reliability with content security, records retention, and identity management
• Protect information assets across the entire technology stack
• Enforce best-practice segregation of duties, configuration and change management procedures
© 2006 Oracle Corporation – Proprietary and Confidential
Infrastructure Services
Data Security
Identity Mgmt
Content Mgmt
Change Mgmt
Data Audit
Processes
Applications
Risk & Compliance Mgmt
Controls Management
Policy Mgmt
Industry Specific
Oracle SAP Custom Legacy Other
Insight
Risk & ControlIntelligence
OperationalIntelligence
PerformanceManagement
Repository
Oracle Governance, Risk, and ComplianceComprehensive Applications Control Costs and Risks
• Standardize onbest-practice frameworks to meet evolving GRC demands
• Automate key GRC processes for risk assessment, control design, policy creation, hotline intake, control monitoring and case management
• Streamline specialized GRC processes for highly-regulated and risk-sensitive industries
© 2006 Oracle Corporation – Proprietary and Confidential
• Improve governance with timely compliance, risk, and performance management info
• Provide evidence of IT and business process control withauditor-ready reporting
• Optimize business performance through risk-aware strategic planning
Oracle Governance, Risk, and ComplianceIntegrated Business Insight Ensures Accountability
Infrastructure Services
Data Security
Identity Mgmt
Content Mgmt
Change Mgmt
Data Audit
Processes
Applications
Risk & Compliance Mgmt
Controls Management
Policy Mgmt
Industry Specific
Oracle SAP Custom Legacy Other
Insight
Risk & ControlIntelligence
OperationalIntelligence
PerformanceManagement
Repository
© 2006 Oracle Corporation – Proprietary and Confidential
<Insert Picture Here>
THINK Globally
© 2006 Oracle Corporation – Proprietary and Confidential
Financials, Supply Chain, Projects,PLM, Sales & Marketing, HR, Service
Transaction Processing
Us
ers Sensor
BasedServices
AnalystsManagersExecutives
OperationalReporting
ProfitabilityAnalysis
PerformanceScorecards
Consolidation & Compliance
Forecasting& Modeling
Network Optimization
Inventory Optimization
Portfolio Analysis
Reporting Planning
• Make timely decisions with integrated information systems
• Target information delivery with role-based dashboards
• Protect organizational integrity with secure information delivery
Truly Integrated CPM Applications ThinkWork Manage
© 2006 Oracle Corporation – Proprietary and Confidential
Oracle BI Foundation
• Integrated BI platform & broad range of BI applications• Powerful OLAP, “Speed of thought” response• Broadest spectrum of BI functionality
Comprehensive
Hot Pluggable
Pervasive
• Heterogeneous ERP, CRM, DW, & OLTP systems• Heterogeneous database technologies• Heterogeneous middleware, ETL, & BI tools
• User self-service with superior tools• Multi-channel information access & delivery• Consistent, accurate information from Common Enterprise
Information Model
© 2006 Oracle Corporation – Proprietary and Confidential
The Best of Both Worlds
Best In Class PM Applications
Flexible Information Access
Market Leading OLAP
Hyperion Advanced BI Server
Enterprise Information Model
Comprehensive BI Applications
Oracle
© 2006 Oracle Corporation – Proprietary and Confidential
Hyperion Advanced BI Server
Enterprise Information Model
Comprehensive BI Applications
Oracle
Best In Class PM Applications
Flexible Information Access
Market Leading OLAP
Advanced BI Server
Enterprise Information Model
Comprehensive BI Applications
Best In Class FPM Applications
Flexible Information Access
Market Leading OLAP
Integrated, Open, Best of Breed
© 2006 Oracle Corporation – Proprietary and Confidential
<Insert Picture Here>
MANAGE Globally
© 2006 Oracle Corporation – Proprietary and Confidential
• Enable key integration types- Business to Business- Enterprise Application Integration- Business Process Management- Business Activity Monitoring
• Support industry-standard messages
• Support standards-basedXML documents
• Search and view available interfaces via powerful UI
• Automatically keep in step with source code via standard patching
A Catalog of All EBS Integration Points• Web Services• Public Java & PL/SQL APIs
• Business Events• Batch Interfaces
Comprehensive Integration RepositoryThinkWork Manage
© 2006 Oracle Corporation – Proprietary and Confidential
• Enable key integration types- Business to Business- Enterprise Application Integration- Business Process Management- Business Activity Monitoring
• Support industry-standard messages
• Support standards-basedXML documents
• Search and view available interfaces via powerful UI
• Automatically keep in step with source code via standard patching
A Catalog of All EBS Integration Points• Web Services• Public Java & PL/SQL APIs
• Business Events• Batch Interfaces
Comprehensive Integration RepositoryThinkWork Manage
© 2006 Oracle Corporation – Proprietary and Confidential
Merchandising
Invoice Matching
Sales Audit
Stock Ledger
Accounts Receivable
Cash Management
General Ledger
Accounts Payable
E-B
us
iness F
inan
cials
• Matched invoices• Credit notes• Debit memos• Rebates
• Suppliers• Partners• Addresses• Freight terms
• Lower cost integration between disparate systems• Better performance with integrated business flows across applications
Inbound Retek Data
Outbound Financials Data
• Daily sales• Cash and deposits• Inventory• Sales data
• Payment terms• GL accounts• Currency rates
Integration with Core ApplicationsOracle | Retek Integration with BPEL
ThinkWork Manage
© 2006 Oracle Corporation – Proprietary and Confidential
Data ManagementLeveraging centralized data model
Oracle Fusion MiddlewareOracle Fusion Middleware
Trading Community Architecture
Trading Community Architecture
ERPERP CRMCRM 3rd Party3rd Party
Global Global TaxTax
PaymentPaymentss
Suppliers
Authorities, Geographies,
etc.
Party Informati
on
Cash Cash ManagemeManageme
ntntBanks and
Branches
ThinkWork Manage
PayablePayabless
PayablePayablessPurchasiPurchasi
ngngPurchasiPurchasi
ngng
© 2006 Oracle Corporation – Proprietary and Confidential
Self-Service ReportingXML Publisher
• Put reporting in the hands of the business user
• Create report formats using desktop tools (Adobe Acrobat, MS Word, MS Excel, and XSL Editors)
• Publish in any format, to the web and electronically
• Drive reporting consistency with one source of data
BenefitsBenefitsBenefitsBenefits
• Replaces most 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
Reporting EvolutionReporting EvolutionReporting EvolutionReporting Evolution
ThinkWork Manage
““Oracle’s new XML Publisher is visionary and empowers end users. This new capability Oracle’s new XML Publisher is visionary and empowers end users. This new capability gives customers the look and feel of Excel with a desktop publishing look to reports, and gives customers the look and feel of Excel with a desktop publishing look to reports, and enables users to create their own reports, minimizing the dependency on the IT staff.”enables users to create their own reports, minimizing the dependency on the IT staff.”
-- Sean Malinski, Accenture Partner, Global -- Sean Malinski, Accenture Partner, Global Business Solutions - Oracle PracticeBusiness Solutions - Oracle Practice
““Oracle’s new XML Publisher is visionary and empowers end users. This new capability Oracle’s new XML Publisher is visionary and empowers end users. This new capability gives customers the look and feel of Excel with a desktop publishing look to reports, and gives customers the look and feel of Excel with a desktop publishing look to reports, and enables users to create their own reports, minimizing the dependency on the IT staff.”enables users to create their own reports, minimizing the dependency on the IT staff.”
-- Sean Malinski, Accenture Partner, Global -- Sean Malinski, Accenture Partner, Global Business Solutions - Oracle PracticeBusiness Solutions - Oracle Practice
© 2006 Oracle Corporation – Proprietary and Confidential
Superior Ownership Experience11i User Experience
• Define/Assign Set of Books, Specify Conversion options/rules
Multiple steps required to Multiple steps required to assign sets of books and assign sets of books and specify conversion specify conversion options/rulesoptions/rules
Defining a set of books takes Defining a set of books takes 5 tabs to accommodate all 5 tabs to accommodate all fields and rulesfields and rules
ThinkWork Manage
© 2006 Oracle Corporation – Proprietary and Confidential
Superior Ownership Experience Single Page for Accounting Setup
•Legal Entities
•Ledgers
•Currencies
•BalancingSegments
•SubledgerAccounting
•Operating Units
•BalancingOptions
ThinkWork Manage
© 2006 Oracle Corporation – Proprietary and Confidential
Superior Ownership ExperienceBetter Upgrades
Uptake new features at your pace
Continuity and Choice
Run your business the same way
Minimize manual work
Testing – More customer database upgrades; more dependency analysis and management
Upgrade Process – Fewer pre- and post-upgrade steps
Documentation – More comprehensive functional upgrade impact; improved sizing guidelines; downtime reduction techniques
ThinkWork Manage
““Many clients are evaluating whether to upgrade from Oracle E-Business Suite 11i to Many clients are evaluating whether to upgrade from Oracle E-Business Suite 11i to Release 12 or wait for the larger Fusion release. There are significant application and Release 12 or wait for the larger Fusion release. There are significant application and architecture changes in Release 12. Upgrading now will help build the foundation to architecture changes in Release 12. Upgrading now will help build the foundation to prepare for Fusion—maximizing business value while mitigating risk.”prepare for Fusion—maximizing business value while mitigating risk.”
-- Sean Malinski, Accenture Partner, Global Business -- Sean Malinski, Accenture Partner, Global Business Solutions - Oracle Practice Solutions - Oracle Practice
© 2006 Oracle Corporation – Proprietary and Confidential
Enhanced Industry Support
ManufacturingManufacturing Asset Asset IntensiveIntensive
ServiceService Public Public ServicesServices
• Regulatory compliance for clinical trials and 21 CFR Part II
• Common asset repository
• Enhanced fleet asset management
• Support for 21 CFR Part II
• Enhanced budgeting and forecasting
• Financials and Retek Merchandising integration
• Financial Services Accounting Hub
• Centralized and configurable budgetary control and accounting
• Enhanced shared services
© 2006 Oracle Corporation – Proprietary and Confidential
• What’s on the mind of the CFO?What’s on the mind of the CFO?
• How can Financials Release 12 help?How can Financials Release 12 help?
• Why Upgrade?Why Upgrade?
Agenda
© 2006 Oracle Corporation – Proprietary and Confidential
“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 centralized will 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.”
© 2006 Oracle Corporation – Proprietary and Confidential
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
© 2006 Oracle Corporation – Proprietary and Confidential
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
© 2006 Oracle Corporation – Proprietary and Confidential
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
© 2006 Oracle Corporation – Proprietary and Confidential
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
© 2006 Oracle Corporation – Proprietary and Confidential
Why UpgradeMultinational Customers
Manage complexity at lower cost
Comply with international regulations and standards
Reduce upgrade risk
© 2006 Oracle Corporation – Proprietary and Confidential
Why UpgradeDomestic Customers
Lower TCO
Improve user experience
Reduce upgrade risk
© 2006 Oracle Corporation – Proprietary and Confidential
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
Financials Release 12The 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
© 2006 Oracle Corporation – Proprietary and Confidential
Overall Business Benefits
• Faster, simpler period end processing
• Centralized and standardized key business functions
• More productive shared services operations
© 2006 Oracle Corporation – Proprietary and Confidential
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Appendix:300+ New Features
© 2006 Oracle Corporation – Proprietary and Confidential
New in Financial Control & ReportingHighly automated financials processing drives efficiencies
EFFICIENCYEFFICIENCYEFFICIENCYEFFICIENCY
FLEXIBILITYFLEXIBILITYFLEXIBILITYFLEXIBILITY
AUDITABILITYAUDITABILITYAUDITABILITYAUDITABILITY
• Centralized accounting setup • Streamlined multiple ledger processing and reporting• Parallel financial reporting• Automatic reporting currency conversion• Replacement for disabled accounts
• Data security across legal entities, ledgers or balancing segment values
• Control Accounts
• Accounting and reporting sequencing• Journal line reconciliation
© 2006 Oracle Corporation – Proprietary and Confidential
New in Procure-to-PayIntegrated Suite Optimizes Working Capital
PRODUCTIVITYPRODUCTIVITYPRODUCTIVITYPRODUCTIVITY
COST SAVINGSCOST SAVINGSCOST SAVINGSCOST SAVINGS
INTEGRATIONINTEGRATIONINTEGRATIONINTEGRATION
• Document line level entry and approval• Non-PO invoice accounting entry by approvers• Invoice dispute management• Real-time status of purchasing contract T&Cs and
invoicing activity in Oracle Payables and Purchasing
• Self-service opportunities via iSupplier Portal to a broader set of their suppliers• Self service entry extended to receipt matched,
complex Work Purchase Orders, and non-PO invoices
• Streamlined supplier setup and maintenance as part of Trading Community Architecture (TCA)• Access to TCA features
© 2006 Oracle Corporation – Proprietary and Confidential
• Visibility to carry-forward balances with cycle-based billing• Payment application according to customer preferences
New in Credit-to-CashAccelerate cash cycle and manage revenue with fiscal discipline
COMPLIANCECOMPLIANCECOMPLIANCECOMPLIANCE
BETTER CASH FLOWBETTER CASH FLOWBETTER CASH FLOWBETTER CASH FLOW
INDUSTRY SUPPORTINDUSTRY SUPPORTINDUSTRY SUPPORTINDUSTRY SUPPORT
• Daily revenue recognition• Deferral reason for goods and services• COGS and revenue matching• Line level cash application
• More efficient payment application with Oracle Payments integration • More targeted and efficient collections with configurable
matrix • Credit recommendation enhancements• Conversion of delinquent receivables to payment plans
© 2006 Oracle Corporation – Proprietary and Confidential
• Centralized and consolidated bank model• Single bank account shared by multiple organizations• Bank account transfers directly in Cash Management• Funds optimization with cash pooling and zero balancing
• Configurable and centralized payments engine• Full audit trail and control with single point of payment
administration• Straight through processing (STP) for payments• Real-time visibility into cash inflows and outflows• Large library of payment formats and validations
• Simplified reconciliation of bank statements to cash transactions in multiple organizations• Support for new bank account balance types in bank
statement import • Bank account-level reconciliation options and tolerances
New in Cash and TreasuryOptimize Cash and Treasury Operations
EFFICIENCYEFFICIENCYEFFICIENCYEFFICIENCY
COMPLEXITYCOMPLEXITYCOMPLEXITYCOMPLEXITY
FLEXIBILITYFLEXIBILITYFLEXIBILITYFLEXIBILITY
© 2006 Oracle Corporation – Proprietary and Confidential
• Group Assets to include “Units of Production” method• Energy straight-line depreciation method• Asset impairment of a producing asset
New in Asset ManagementMaximize return on assets
EFFICIENCYEFFICIENCYEFFICIENCYEFFICIENCY
PERFORMANCEPERFORMANCEPERFORMANCEPERFORMANCE
INDUSTRY SUPPORTINDUSTRY SUPPORTINDUSTRY SUPPORTINDUSTRY SUPPORT
• Automate legacy asset conversion with enhanced preparation of Mass Additions
• Perform rollback on select assets with Automatic Depreciation Rollback
© 2006 Oracle Corporation – Proprietary and Confidential
• Self-service cash advance application during entry• Bar code generation• Streamlined receipts management with receipts tracking
and receipts missing capabilities
New in Travel & ExpenseLower the total cost of travel and expense
LOWER COSTSLOWER COSTSLOWER COSTSLOWER COSTS
ACCURACYACCURACYACCURACYACCURACY
PRODUCTIVITYPRODUCTIVITYPRODUCTIVITYPRODUCTIVITY
• CONUS and OCONUS global per diem rates• Per diem and policy schedules
• Expense splitting across multiple accounting segments• Enhanced cost center and projects approvals