E-Business Suite

Connie Barbon, Oracle Senior Sales Consultant

What’s New in Release 12

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AgendaWhat’s New in R12

• Overview• Financials• 6 Major Initiatives• Other “cool stuff”• Not really R12…

• Q & A

• Additional content on Projects and Human Capital Management included in slide deck

New User Experience

A New User Experience for R12Accelerate global roll-outs with simplified user interface and business flows

• Reduced pop-ups and duplicate screens

• Re-designed and streamlined entire workflows

• Reduced the number of steps to complete key tasks

• Improved overall look & feel and visual style

• Increased personalization capabilities

• Campaign Management• Customer Support• Collections & Payments• Loan Management

Improved Workflow in Targeted Areas

• Financial Consolidation• Online Candidate Registration• Absence Management• Salary Administration

• Self-Service Purchasing• Sourcing• Supplier Collaboration• Business Intelligence

New User Experience

NewNewFontsFonts

NewNewIconsIcons

NewNewButtonsButtons

New New BackgroundBackgroundPatternPattern

NewNewColorsColors

11i User Experience - example

• Define/Assign Set of Books, Specify Conversion options/rules

Multiple steps Multiple steps required to assign required to assign sets of books and sets of books and specify conversion specify conversion options/rulesoptions/rules

Defining a set of books Defining a set of books takes 5 tabs to takes 5 tabs to accommodate all fields accommodate all fields and rulesand rules

Superior Ownership Experience R12 - Single Page for Accounting Setup

•Legal Entities

•Ledgers

•Currencies

•BalancingSegments

•SubledgerAccounting

•Operating Units

•BalancingOptions

Oracle FinancialsWhat’s New in Release 12

What’s New in R12 Financials

BankBankModModelel

Tax Tax EngineEngine

InterInterCompanyCompany

General Ledger General Ledger Ledger & Ledger Ledger & Ledger Sets Sets

General Ledger General Ledger Ledger & Ledger Ledger & Ledger Sets Sets

Subledger Accounting (SLA) Subledger Accounting (SLA) Subledger Accounting (SLA) Subledger Accounting (SLA) DrDr CrCr

ProjectsProjectsReceivablesReceivablesInventory

Inventory

Work in ProcessWork in Process

PurchasingPurchasing PayablesPayables

Multi-Multi-OrgOrg

AccessAccessControlControl

Multi-Multi-OrgOrg

AccessAccessControlControl

6 Major Initiatives

1. Ledger and Ledger Sets

2. Subledger Accounting

3. MOAC

4. Intercompany

5. Tax Engine

6. Bank Model

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Ledgers and Ledger Sets

Ledgers in OracleA set of accounting information for a legal or business entity

Each ledger is associated with a Chart of accounts, Calendar, Currency, and Subledger Accounting Convention for which accounting information is recorded

11i & Prior = Sets of Books3 C’s: Currency, Calendar, Chart

R12 = Ledgers4 C’s:

Currency, Calendar, Chart, Convention

Seeded Conventions: Seeded Conventions:

•Standard AccrualStandard Accrual•Standard CashStandard Cash•Accrual w/ Accrual w/ EncumbranceEncumbrance•Cash w/ Cash w/ EncumbranceEncumbrance•US Federal US Federal AccountingAccounting•China Standard China Standard AccrualAccrual

Seeded Conventions: Seeded Conventions:

•Standard AccrualStandard Accrual•Standard CashStandard Cash•Accrual w/ Accrual w/ EncumbranceEncumbrance•Cash w/ Cash w/ EncumbranceEncumbrance•US Federal US Federal AccountingAccounting•China Standard China Standard AccrualAccrual

US GAAPUS GAAPUS COAUS COAUS US CalendarCalendar

EUREUR

Ledger BLedger B

French RulesFrench RulesFrench COAFrench COAFrench French CalendarCalendar

EUREUR

Ledger ALedger A

Multiple Accounting RepresentationsParallel Financial Reporting with Ledgers

SubledgeSubledger r

AccountiAccountingng

SubledgeSubledger r

AccountiAccountingng

Single Single subledger subledger

transactiontransactioncan create can create multiplemultiple

accounting accounting representatiorepresentatio

nsnsand in and in

multiple multiple currenciescurrencies

Single Single subledger subledger

transactiontransactioncan create can create multiplemultiple

accounting accounting representatiorepresentatio

nsnsand in and in

multiple multiple currenciescurrencies

DrDr CrCr

Payables InvoicePayables InvoicePayables InvoicePayables Invoice

Multiple Ledgers

Primary Ledger• the main “Activity” Ledger• Usually in the local currency• For Operational reporting

Secondary Ledger (ex. France requires Statutory Chart)

• Differs from Primary Ledger by Chart, Calendar, and/or Convention• For Statutory, Tax or Consolidated reporting

Reporting Currency Ledger • Differs from Primary Ledger by Currency ONLY• Just a translation of the Primary Ledger – no rules required• For Consolidated reporting

Ledger Sets Global Information At A Glance

Ledger Ledger SetSet

Ledger Ledger SetSet

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 Calendar

USD

US GAAPUS COAUS Calendar

USD

Ledger CLedger CLedger CLedger C

US GAAPUS COAUS Calendar

EUR

Ledger BLedger B

French RulesFrench COAFrench Calendar

EUR

Ledger ALedger A

Share:Share:CChart of hart of AccountsAccounts

CCalendaralendar

Share:Share:CChart of hart of AccountsAccounts

CCalendaralendar

Ledger DLedger DLedger DLedger D

Reporting Currency

US GAAPUS COAUS Calendar

AUD

LEDGER SETS•Grouping of ledgers with the same chart of accounts and calendar/period type combination

•Essentially treats multiple ledgers as one

Perform the Following Across LedgersUsing Ledger Sets

• Open/Close Periods• Create Journals

• Allocations Across Ledgers• Recurring Journals for All Ledgers• Elimination Sets for All Ledgers

• Translate and Revalue Balances• View Information without Changing

Responsibilities• View Journals and Account Balances

Across Ledgers• Submit Standard Reports• Create Financial Statements that Include

Data for Multiple Ledgers

Impacted ApplicationsLedger Sets

• Ledger Sets used by General Ledger• Some AR and AP reports use Ledger Sets

Impact/Upgrade ConsiderationsLedger Sets

• None; All sets of books upgraded to ledgers• Only need to define ledger sets to obtain

processing efficiencies

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Subledger Accounting

ProjectProjectss

ProjectProjectss

ReceivableReceivabless

ReceivableReceivabless

PayablePayabless

PayablePayabless

3rd Party

Systems

3rd Party

Systems

InventoInventoryry

InventoInventoryry

3rd Party

Systems

3rd Party

Systems

• 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

SLA = Centralized Accounting SLA = Centralized Accounting Model, Model,

Rules, Engine and RepositoryRules, Engine and Repository

SLA = Centralized Accounting SLA = Centralized Accounting Model, Model,

Rules, Engine and RepositoryRules, Engine and Repository

DrDr CrCr

General Ledger General Ledger General Ledger General Ledger

Work in Work in ProcessProcessWork in Work in ProcessProcess

PurchasinPurchasingg

PurchasinPurchasingg

Subledger AccountingCentralized Rules, Common Repository: Global Control

Introduction to Subledger AccountingDUAL POSTING SIMULTANEOUSLY

Invoice Internal Identifier: 1001Invoice Internal Identifier: 1001

Ledger: FR StatutoryLedger: FR Statutory

GL Date: 2-Mar-2006GL Date: 2-Mar-2006

Invoice# 100Invoice# 100

Supplier: ABC NetworksSupplier: ABC NetworksInvoice #100Invoice #100

ABC NetworksABC Networks

2 Monitors – Marketing $10002 Monitors – Marketing $1000

5 Printers – Marketing $ 5005 Printers – Marketing $ 500

FreightFreight $ 100 $ 100

Tax $ 110Tax $ 110

TotalTotal $1710 $1710

Ledger: US CorporateLedger: US Corporate

GL Date: 2-Mar-2006GL Date: 2-Mar-2006

Invoice# 100Invoice# 100

Supplier: ABC NetworksSupplier: ABC Networks

Invoice Internal Identifier: 1001Invoice Internal Identifier: 1001

DRDR CRCR

1 Expense 01-EXP-2001 Expense 01-EXP-200 $1500 $1500

2 Freight 01-FR-2002 Freight 01-FR-200 $100$100

3 Tax 01-TX-200 $1103 Tax 01-TX-200 $110

4 Liability 01-LIAB-2004 Liability 01-LIAB-200 $1710$1710

Invoice Line 1Invoice Line 1

Invoice Line 2Invoice Line 2

Invoice Line 3Invoice Line 3

Invoice Line 4Invoice Line 4

Transactions vs. Accounting

• SLA provides a distinction between a transaction and the accounting representation of the transaction

(there can be multiple representations of one transaction)

• Accounting distributions did not necessarily go away• Needed for upgrade customers• Needed as starting point for SLA (Don’t want to force customers to

define their own SLA rules)• In some cases, necessary to allow user input

• Most default SLA rules just ‘pass through’ the distribution accounts (where applicable)

Streamline Accounting

Impacted Applications

• General Ledger• Payables• Receivables• Projects• Assets• Costing• OPM• Public

Sector/Federal

• Payroll• Property Manager• Loans• Lease Management

(Post R12)• Cash Management• Globalizations• Intercompany

Subledger Journal Entry – more info

Subledger Entry vs. GL Journal EntriesMany to One

Invoice No: 136274 GL Date: 01/27/07 3rd Party: Fender

101.100.63580.0000.720.000.000 6,000 EUR101.100.22100.0000.000.000.000 6,000 EUR

Invoice No: 131299 GL Date: 01/27/07 3rd Party: Gibson

101.100.63580.0000.720.000.000 3,000 EUR101.100.22100.0000.000.000.000 3,000 EUR

Invoice No: 116555 GL Date: 01/27/07 3rd Party: Kramer

101.100.63580.0000.720.000.000 2,000 EUR101.100.22100.0000.000.000.000 2,000 EUR

Batch: AP Invoices 27-Jan-07 GL Period: Jan-07

101.100.63580.0000.720.000.000 11,000 EUR101.100.22100.0000.000.000.000 11,000 EUR

SLA JE #1

SLA JE #2

SLA JE #3

GL JE #1

Controlled by GL JE Summarization setting for each Subledger App (AP, AR, etc): Summarize by GL Date, by GL Period, or No Summarization

Upgrade Considerations

• By default, the R12 upgrade migrates at least 6 periods of accounting entries from each application to the SLA data model.• You can modify this if desired.

• For prior periods, the historical data is preserved. You can drill from General Ledger to the historical transactions using standard GL drilldown

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Multi-Org Access Control (MOAC)

ResponsibilityResponsibility ResponsibilityResponsibility ResponsibilityResponsibility

Holland

Legal Entity

Denmark

Legal Entity

Belgium

Legal EntityFunctional Tasks Order Management Dunning, Collections,

Billing Requisition, Demand &

Purchase Orders Receiving & Drop Ship Invoice Receipt,

Disbursement Customer Data

Management Accounting Setup

Functional Tasks Order Management Dunning, Collections,

Billing Requisition, Demand &

Purchase Orders Receiving & Drop Ship Invoice Receipt,

Disbursement Customer Data

Management Accounting Setup

Single Responsibility

Belgium

Operating Unit

Holland

Operating Unit

Denmark

Operating Unit

Perform multiple tasks across operating units without changing

responsibilities

MOAC: Multi-Org Access ControlRole based access to Operating Units

Multi-Org Access Control SetupDefine Security Profile

Classify Organization as operating

unit

Specify Operating UnitsSpecify Operating Units

MOACTypical Screen in daily use

Select Operating Unit Select Operating Unit during Inputduring Input

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Advanced Global Intercompany System (AGIS)

Web UIWeb UI

Open Open Interfaces / Interfaces /

APIAPI

Excel Excel

(Web ADI)(Web ADI)

Advanced GlobalIntercompany

System

Advanced GlobalIntercompany

SystemSubledgerSubledgerInvoices &Invoices &DocumentsDocuments

Generate subledger invoicesGenerate subledger invoices

Control transaction entry with Control transaction entry with Intercompany CalendarIntercompany Calendar

Fully Configurable Approval RulesFully Configurable Approval Rules

Flexible Security ModelFlexible Security Model

Centrally defined Intercompany Centrally defined Intercompany AccountsAccounts

Online Online Reconciliation Reconciliation

ReportingReporting

XML XML Publisher Publisher ReportsReports

Advanced Global Intercompany System Address the Top Barrier to a Fast Close

Subledger Subledger AccountingAccountingSubledger Subledger AccountingAccounting

DrDr CrCr

General General Ledger Ledger ReceivableReceivable

ssReceivableReceivable

ssPayablePayable

ssPayablePayable

ss

Intercompany Intercompany Journal Across Journal Across

LedgersLedgers

Intercompany Due To / Intercompany Due To / Due From lines Due From lines

automatically generatedautomatically generated

AR Invoice billed to AR Invoice billed to SSC France from SSC France from

SSC US (NY)SSC US (NY)

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Tax Engine

• Single Repository of transactions for global business insight

• Centralized rules applied to transactions to manage globally and reduce risk

• Automation of tax processes on transactions to improve operational efficiency

• Improved Reporting

• Effective Date Setup

• Extensible architecture that supports additions, e.g. Self-assessed

Use Tax

TaxTransactions

TaxSetup/Rules

InternetExpenses

Receivables

Order Management

GeneralLedger

Purchasing

InternetProcurement

Inter-CompanyInvoicing

Inter-CompanyInvoicing

Payables

E-Business TaxCentrally manage tax transactions across entire E-Business Suite

• User determines tax by assigning Tax Codes

• Tax rules in code

•Global descriptive flexfields for country-specific tax attributes

•Granular setup at OU level

Before R12Before R12 R12R12

eBusiness TaxTax determination, not just tax codes…

• eBTax determines tax based on facts about each transaction

• Tax rules you can see• Tax attributes collected in fields on key entities

• Configure tax rules once per regime and share with your legal entities

Facilitates complianceImproves auditability

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Bank Model

• Bank account is now associated with LE entity rather than Operating Unit

• Single bank account serves multiple Operating Units

• For Internal Banks and Customer & Supplier Banks

• Enhanced Reconciliation

AssetsAssets

ProjectsProjectsReceivables

Receivables

PayablesPayablesPurchasing

Purchasing

Projects

Projects

Receivables

Receivables

PayablesPayables

InventoryInventory

PLUS:Centralized Credit Card ModelSupplier & Customer Banks in

TCA

Centralized BankingShared Services Disbursements

Work in Work in ProcessProcessWork in Work in ProcessProcess

LE

OU A OU B OU C

Bank Model: Example of what you can doPay invoices from different OUs with 1 instruction

OU A

OU B

OU CBank

Single Payment

Instruction

Invoices

Payments

Sub Ledger Sub Ledger AccountingAccountingSub Ledger Sub Ledger AccountingAccounting

• New Payments Module• New Bank Module

• New Bank & Credit Card Features

BanksDefine Owner of Bank Account

Specify Legal Entity Specify Legal Entity OwnerOwner

Where is Account Where is Account used?used?

Select Multiple LE’s, Select Multiple LE’s, OU’s, Currencies in OU’s, Currencies in single Payment Runsingle Payment Run

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Miscellaneous Cool Stuff…

Report Repository

Online “file cabinet” to Online “file cabinet” to where Financial where Financial

Reports are publishedReports are published

Add Report to MenuAdd Report to Menu

Control Accounts

Control Account – Control Account – Prevents posting other Prevents posting other

than automatically than automatically from Subledgersfrom Subledgers

Replacement Accounts

Replacement Account Replacement Account will be posted to in will be posted to in place of Disabled place of Disabled

AccountAccount

Submit or Schedule Payment Submit or Schedule Payment Process RequestProcess Request

Payments Dashboard

Use Payment Template to Use Payment Template to Default valuesDefault values

Pay Multiple Legal Pay Multiple Legal Entities, Operating Entities, Operating

Units, and Currencies Units, and Currencies in one Payment Runin one Payment Run

Can do STP (Straight Thru Can do STP (Straight Thru Processing) or Review/Edit Processing) or Review/Edit

selected Invoicesselected Invoices

Pending Actions walks you Pending Actions walks you through processthrough process

Positive Pay Positive Pay ProgramProgram

Internet Expenses - Allocations

Edit Coding of Edit Coding of Expense LinesExpense Lines

Allocate Expense Lines Allocate Expense Lines * even to Projects* even to Projects

Internet Expenses – Bar Coding

Bar Coding of Bar Coding of Expense ReportsExpense Reports

Cash Forecasting is a planning Tool that helps you anticipate the flow of Cash in & out of your business, allowing you to project your cash needs.

Robust Cash Forecasting

Drill down to Drill down to transaction detailstransaction details

Specify SourcesSpecify Sources

Include/Exclude Include/Exclude lineslines

Flexible Cash PositioningCash Positioning is a planning tool that allows you to view your daily cash position by Bank Acct, Cash Pool, or Currency.

Drill down to detailsDrill down to details

Online refresh capabilitiesOnline refresh capabilities

Automatically generate Automatically generate cash transfers cash transfers

View by currency, bank View by currency, bank account or cash poolaccount or cash pool

Save Projected Save Projected Balances for ReportingBalances for Reporting

““Cash Leveling” Cash Leveling” Proposal – initiates Proposal – initiates

Bank TransferBank Transfer

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Not Really R12 –

But still cool…

Simplified Self-Service ReportingBI (XML) 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

““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

Old Standard Reports

New Standard Reports (HTML)

• Many, many, many Standard Reports

• Multiple formats per report

• Merge Data with Contract Terms

• User-defined templates

• Boardroom Quality Output

Oracle BI Publisher

Oracle Business IntelligenceComprehensive View of Financial Performance

Payables AnalyticsProvides visibility into payments due to suppliers and expense line detail so managers can manage cash outflows and control expenses. When combined with Supply Chain Analytics, it allows full procurement analysis from Requisition to Check.

Receivables AnalyticsMonitors collections processes to show what customers buy and how they pay, enabling managers to identify overdue balances and other receivables bottlenecks. When combined with Oracle Sales Analytics and Oracle Order Management & Fulfillment Analytics, it enables more efficient management of the entire Lead to Cash process.

General Ledger & Profitability AnalyticsIncorporates detail-level general ledger transactions and cash flow analysis across locations, customers, products, sales territories, distribution channels, and business units.

Identifies the customers and transactions that are providing maximum profits by product, location, department, and geographic detail. When combined with Marketing Analytics, it enables analysis of Campaign ROI and assists in customer segmentation.

Oracle Business Intelligence

What is UPK …… a comprehensive, cost-effective solution that helps your

organization quickly create critical documentation, training, and support materials needed to drive project team and increase user productivity throughout the lifecycle of your software.

• You Perform a transaction, Record it, and Publish it • Training Guides• Web-based Training• Job Aids• Test Scripts

WORKS WITH 11.5.9 and above

User Productivity Kit (UPK)

• See It!Enables you to learn by watching an animated demonstration of tasks being performed in a simulated environment.

• Try It!Enables you to learn interactively in a simulated environment. The Player provides you with instructions as to what needs to be done to complete a task, but you perform the actual steps.

• Know It?Enables you to test knowledge gained from training. You are instructed to complete the steps for a particular task and are scored on how accurately you complete the steps.

• Do It!Guides you in the performance of the actual task in a production environment. You learn by completing the actual task.

UPK Playback Modes

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

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

• 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

• 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

• 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

• 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

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Why Upgrade ?

“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.”

New in 11i.10…Base Differentiators…• Daily business intelligence

for financials

• Global single instance and shared service center support

• Global language, currency and regulatory support

• Unified data model

• Industry leading performance and scalability

• Unified customer model with data quality management tools

• Integrated collections management

• Online receipt and dispute management

• Online supplier procurement and payment management

• Property and real estate management

New in R12…• Compliance-driven financial

consolidation and reporting

• Enterprise planning and budgeting

• Audit operations, compliance and certification management

• Web services for financials

• XBRL financial reporting

• Enhanced bill presentment: user definable formats and online drill down capabilities

• Enhanced credit, collections, and trade management integration flow

• Self-service asset management

• Enhanced credit card business flow management

• Cash positioning and forecasting

• Supplier open interface

• Ledgers and ledger sets

• Centralized rules-based accounting engine

• Single, global tax engine

• Unified bank account model

• Centralized payments engine

• Common global intercompany system

• Shared services support with multi-org access

• Improved user experience

• Centralized data model for suppliers and banks

• Accounting & consolidation engine for Financial Services

• Multi-dimensional profitability analysis

• Fusion Middleware certification

• Enhanced integration repository

• Retek integration

Evolution of Oracle FinancialsEvolution of Oracle Financials

Q&A