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Amrita Mehrok & Ramakrishnan Balaji
Financials Product Strategy
Payables 9.0 and Fusion
The presentations and other material provided to you at this event may include statements about Oracle's product development plans. Many factors can materially
affect Oracle's Product development plans and the nature and timing of future product releases. Accordingly, this information is provided to you solely for
information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole
discretion of Oracle. This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims
any liability with respect to this information.
Agenda
Enhancements in 9.0 Update on Fusion Questions
Enhancements in 9.0
Voucher Processing Withholding Improvements Mass payment cancellation OFAC Compliance
Voucher Processing
Session defaults for regular voucher Copy down distribution lines on the
voucher Sales/Use Tax summary Related documents Invoice printing Miscellaneous enhancements
Session Defaults
Session Defaults
Session Defaults
Copy down distribution lines on the voucher
Sales/Use Tax Summary
Sales/Use Tax Summary
Sales/Use Tax Summary
Related Documents
Related Documents
Miscellaneous Enhancements
Voucher comments hyperlink will let the user know if comments exist (e.g. Comments(1) if exists or Comments (0) if it does not exist)
Added business unit and voucher id to the bottom left hand corner of Invoice information page
Added document status inquiry on the voucher summary page.
Added links on the document status inquiry pages to navigate to accounting entries, budget exceptions, match workbench
Withholding Improvements
A new run control page that will run the following 3 processes 1099 report post 1099 report 1099 Copy B
Removed the limitation of having only one set of chartfields for withholding liability entries and one remit vendor for withholding payment remittance
Withholding Improvements
Withholding Improvements
Withholding Improvements
Withholding Improvements
Withholding Improvements
Withholding Improvements
Withholding Improvements
Mass Payment Cancellation
Mass Payment Cancellation
Mass Payment Cancellation
OFAC Compliance
Provides 2 options for validating the vendors against the SDN (Specially Designated Nationals) list
1. Maintain the SDN list internally by importing the list that is published by OFAC and have the applications validate against it
2. Invoke a 3rd party application (e.g. Trade point) that maintains the list through a web service
OFAC Compliance
Provides capability to import the SDN (Specially Designated Nationals) list which is maintained by OFAC (Office of Foreign Assets Control)
Provides a web service for other 3rd party applications that needs to check against this SDN list
Payables will use this list to verify the vendors during voucher and payment creation
Integrates with Trade point for verifying the vendors
Agenda
Enhancements in 9.0 Update on Fusion Questions
Globalization
Comply with new regulations
Provide real-time visibility to customers
Knowing yourCustomer
Efficiency throughShared Services
Business Challenges…
Structure for fastinnovation
Oracle’s Application Vision
Applications driven by business processes From implicit to explicit processes
Business Intelligence is not an afterthought Good BI needs to be in the DNA of applications
Applications that can be configured and integrated with ease
Applications must increasingly fit in a heterogeneous environment
Applications that are cheaper to deploy and operate
Oracle’s Core Beliefs
Industry Relevance is a must We have to know and manage industry processes in minute
detail
Application customers want consolidation Standards always win
At a business level (Rosettanet, HL7, SWIFT etc.) At a technology level (J2EE, WSI-*, XML etc.)
Providing a full technology stack is an advantage
Significantly reduces cost
Oracle’s Application Portfolio
EBusinessSuite PeopleSoft Enterprise Siebel JD Edwards EnterpriseOne JD Edwards World Oracle Retail i-flex (part ownership)
Desired Architecture
Orchestration PlatformOrchestration PlatformOrchestrationOrchestration
App AppApplications App App App App App
ApplicationInfrastructureInfrastructure
ApplicationInfrastructure
HostedInfrastructure
Business Process
Analytics & Collaboration
SuppliersCustomers
PartnersEmployees
DataData Product Product InformationInformation
Employee Employee InformationInformation
Customer Customer InformationInformation
JD Edwards World enhancements
•Individual Fusion Applications
Application Roadmap
• Oracle EBS 12• PeopleSoft
Enterprise 9.0• Siebel 8.0• JD Edwards
EnterpriseOne 8.12• First use of Fusion
technology• Data Hubs &
Transaction Bases
• Continue releasing PS Enterprise R8.9
• Fusion Architecture
• Enhanced Support
• Fusion Middleware Certification
• Fusion BPM Integration
2005 2006 20082007
•Fusion Application Suite
36
First Use of Fusion Technology
Significant steps into Fusion Delivered in 2006 on current product
releases Incremental capability, non disruptive Increase business value
Improved insight and user access Better information management Business modeling support
Fusion RoadmapBusiness Process Flows
Enable business analysts to model and adapt processes to accommodate changing business requirements
Processes Rules Functionality
Layered configuration to protect adaptation through upgrades
In 2006: BPM for Siebel and additional
industry solutionsExample: HCM Employee Onboarding
Fusion Roadmap Fusion Reporting
Standardize on high performance, high fidelity, standards-based tool
Easy, intuitive, end-user report development within desktop applications.
Open to any data source, across the enterprise
Allows customers to adopt the Fusion reporting technology now
In 2006: Begin delivery of libraries of
Fusion reports in EnterpriseOne, Enterprise, and E-Business Suite
Fusion Roadmap Publish Web Services Repository
Oracle, PeopleSoft, JDE integration services repository delivered
Standardized access integration points across the Oracle portfolio
Compliant with Web Services standards (e.g., UDDI)
Organized by business process and by industry
In 2006: Extended directory for
Fusion services Mapping to current
integration repositories
Fusion Strategy Council
CIO Advisory Board
Customer Surveys
Customer Care Services
User Groups
CABs
Oracle Partner Network
Executive Sponsors
Actionable Information
Ability to rapidly adapt
Lower risk, cost, and complexity
Talk, Listen, and Work with Customers and Partners
Oracle’s Approach
The Process
Global MarketAssessments
CustomerInput
Oracle Sales &LoB Input
CorporateDrivers
DeltaAssessment
ApplicationsKey Initiatives:
BI, SOA, SOE,UE, Industry
Net NewFunctionality
Requirements Phase Output
BusinessProcess
Diagrams
BusinessRequirements
Documents
Statementsof Direction
ReleasePlan
Identify EBSFunctionality
GapsDelta Assessmentof ProductFeatures
Identify EBSFunctionality
Gaps
OFAC
Business Processes & Web Services
LegacySystemsIntegrated
Apps CertificationAuthority
Suppliers
DEMATService
RemittanceAdvice
Oracle SOAWeb Services
<XML>
DebitMemo
BankStatement
PaymentHold
PaymentOrder
..
FormattedPayment
Oracle SOAWeb Services
<XML>
ReceiveReceiveInvoiceInvoice MatchMatch ApproveApprove CreateCreate
PaymentPaymentBankBank
ReconReconProcure to PayBusiness ProcessProcure to PayBusiness Process
ScannedOCR Invoice
InvoiceCredit MemoDebit Memo
.Legacy
Systems. Supplier’sAcct Receivables
IntegratedApps Buyer’s
BankSupplier’s
Bank
FusionWhat You Can Expect
Vast majority of customers will be able to upgrade all their current products with Fusion applications in 2008
Your move to Fusion is an upgrade Customization inventory Architectural approach defined Upgrade development work begins this year Upgrade CAB forming
Lifetime support - customers will upgrade to Fusion based on their business needs, not because we force them off their current products
Suggested Next Steps
Step 1: Protect investment by adopting the the latest releases
Gain significant additional functional value, retire customizations Unify operational infrastructure with Fusion Middleware and Grid
Step 2: Extend the value of existing implementation Gain better business insight with BI Tools: reporting and BAM dashboards Standardize, optimize, or specialize enterprise business processes (SOA+) Improve master data management with customer/product data hubs
Step 3: Evolve to Fusion Applications Use Oracle and Partner services to scope and prioritize business value Use modeling tools to catalog planned process & intelligence adaptations Anticipate a project to develop skills and gain experience
Suggested Next Steps
Step 1Protect
20052005 2006 20082007
Step 2Extend
Step 3Evolve Upgrade operational
transactional systems to Fusion
Adopt Fusion Reporting
Adopt Fusion Analytics
Upgrade to current release
Adopt Fusion BPEL Process Manager
AQ&
Amrita Mehrok, Senior Manager Financials Strategy [email protected]
Ramakrishnan Balaji, Principal Product Manager Financials Strategy [email protected]
Contacts
Customer Survey
The usages surveys are live as of, Monday, April 3rd on the www.IOUC.org website
Select the “Fusion Channel” tab then click the PeopleSoft Applications Product Usage Surveys button. The surveys will be available for customers to respond to until April 30th.