Transcript Selling the value to new and existing customers

<Insert Picture Here>
Update R12 Financials
Brad Holzer
[email protected]
Sales Consultant, Oracle E-Business Suite
1
Agenda
• Why Release 12 ?
• What do I need to know about Release 12?
• Why should customers upgrade?
• Where do I go to learn more?
• Questions?
2
Agenda
• Why Release 12 ?
• What do I need to know about Release 12?
• Why should customers upgrade?
• Where do I go to learn more?
• Questions?
3
EBS R12 available since Jan. 2007
Why Release 12
Path to Finance Transformation
Less Transaction Processing, More Business Support
Globalization
“How do I manage complexity of
complying with international
regulations, tax codes, and financial
reporting standards?”
• Standardize processes
• Centralize accounting/tax setup
and maintenance
Complexity and Costs
“How can I spend less money and time
on transaction processing while
supporting business growth?”
• Consolidate finance systems
• Implement shared services
• Adopt best practices
Regulations and Oversight
“How do I get a return on the expense
of managing increasing regulatory and
oversight demands and risk?”
• Manage compliance with one
platform
• Integrate performance
management across the business
Profitable Growth
“How do I partner with the business to
make the right investments in products,
people, projects, and processes to
drive growth?”
• Synchronize financial and
operational data
Agenda
• Why Release 12 ?
• What do I need to know about Release 12?
• Why should customers upgrade?
• Where do I go to learn more?
• Questions?
8
General Ledger
The Center of ERP
Inventory
Projects
Other
Cash Mgmt
General
Ledger
Payables
Assets
Purchasing
Receivables
Release 12 – Evolutionary New Architecture
Centralizing Key Architectural Components
Projects
Inventory
General
Ledger
Other
Cash Mgmt
Payables
Assets
Purchasing
Receivables
General
Ledger
Centralized
Accounting
Release 12 – Trading Community Architecture
Centralization Extended
Intercompany
Projects
Inventory
Other
Cash Mgmt
Payables
Purchasing
Assets
Receivables
Trading
Community
Global
Tax
Banks &
Accounts
Centralized
Accounting
R12 Financial Organization
Ledger 1
Ledger 2
Ledger 3
Secondary Ledger
Ledger Sets
LE1
Dr
Centralized Accounting Engine
Cr
Bank
& Payments
Inventory Purchasing
LE3
LE2
LE & Org
Setup
Dr
Cr
Inter
Company
Tax
Engine
Role Based
Access
Receivables
Projects
US Organization
1
Inventory
Payables
Purchasing Receivables
Payables
Inventory
US Organization
2
Purchasing
EU Organization 1
Payables
Release 12 – Evolutionary New Architecture
Centralizing Key Architectural Components
Projects
Inventory
General
Ledger
Other
Cash Mgmt
Payables
Assets
Purchasing
Receivables
Centralized
Accounting
SLA keeps the Subledgers & GL tied out
Keep the auditors happy!
Subledger
Applications
Accounting
Events
Transactions
(& adjustments)
Default
Distributions
Accounting
Configurations
Accounting
Program
Reconciled:
Docs, SLA, GL in synch
Organization
Setup
General
Ledger
Subledger
Journal
Entries
Subledger
Balances
Subledger Accounting
Service
GL
Journal
Entries
and
Balances
Ticked & Tied
Opening
Balance
SLA Controls that
GL Balances and
SLA Balances tie,
and that both tie
to the document
(invoice, payment, etc.)
sources
Opening
Balance
Debit
Credit
GENERAL LEDGER
Cash
Receivables
Inventory
Assets
Prepayments
Payables
Accruals
Shares
Previous Results
Balance Sheet
Sales
COGS
R&D
S&M
G&A-Fin
G&A-IT
G&A-HR
Period Income
Income Statement
100
1,000,000
500,000
100,000
1,000
(750,000)
(250,000)
(100,000)
(501,100)
-
-
Debit
Credit
3,500,000
3,000,000
1,200,000
2,750,000
3,500,000
1,500,000
2,800,000
2,700,000
50,000
10,500,000
10,500,000
3,000,000
1,500,000
300,000
300,000
300,000
150,000
150,000
300,000
24,000,000
24,000,000
Closing
Balance
750,100
500,000
200,000
100,000
1,000
(650,000)
(300,000)
(100,000)
(501,100)
(3,000,000)
1,500,000
300,000
300,000
300,000
150,000
150,000
300,000
-
Closing
Balance
SUBLEDGER ACCOUNTING
Receivables
Customer
Customer
Customer
Customer
Customer
Total
One
Two
Three
Four
Five
250,000
350,000
100,000
100,000
200,000
1,000,000
150,000
250,000
1,500,000
800,000
300,000
3,000,000
400,000
450,000
1,400,000
750,000
500,000
3,500,000
150,000
200,000
150,000
500,000
1,000,000
75,000
725,000
1,000,000
2,800,000
900,000
50,000
775,000
975,000
2,700,000
(150,000)
(75,000)
(200,000)
(225,000)
(650,000)
Payables
Vendor
Vendor
Vendor
Vendor
Total
I
II
III
IX
(250,000)
(100,000)
(150,000)
(250,000)
(750,000)
General Ledger
SLA Detail
Multiple Accounting Representations
Global Financial Reporting, Local and “GAAP”
Ledger A
Ledger B
US GAAP
US COA
US Calendar
BE Rules
BE Chart
BE Calendar
EUR
EUR
Dr
Cr
Centralized
Accounting
Payables Invoice
Single business transaction can
create multiple accounting
representations, in multiple
currencies
Invoice Entered in Accounts Payable
SLA : Multiple Accounting Representations
Primary Ledger
Secondary Ledger
Multiple Ledgers
Efficient Ledger Sets
Share:
Chart of Accounts
Calendar
Ledger Set
Ledger C
Ledger B
Ledger A
BE Rules
BE Rekeningplan
BE Calendar
US GAAP
US COA
US Calendar
EUR
EUR
Defined by 4 C’s:
Accounting Convention
Chart of Accounts
Calendar
Currency
US GAAP
US COA
US Calendar
USD
Ledger D
US GAAP
US COA
US Calendar
GBP
Ledger Set Benefits:
• Cross/Multiple Ledger processing and reporting
• Data and definitions that can be shared and secured
• Native support for multiple accounting representations
Reporting Currency
Multiple Ledgers
Efficient Ledger Sets
Setting Up the Organization
11i User Experience
• Define/Assign Set of Books, Specify Conversion options/rules
Defining a set of books takes
5 tabs to accommodate all
fields and rules
Multiple steps required to
assign sets of books and
specify conversion
options/rules
Accounting Setup Manager
R12 Single Page for Accounting Setup
Define legal entities dashboard
Assign/view legal entities
Define ledger (set of books)
Define operating units
** Setup which had comprised multiple steps across many forms is now consolidated into one dashboard **
Release 12 – Bank Account Changes
Centralized Bank & Bank Account Definitions
Intercompany
Projects
Inventory
Other
Cash Mgmt
Payables
Purchasing
Assets
Receivables
Trading
Community
Global
Tax
Banks &
Branches
Accounts
Centralized
Accounting
Centralized Banking and Payments
Funds Disbursement and Capture
• Bank account is now
associated with LE entity
rather than Operating Unit
LE
OU A
Inventory
Work in
Process
OU B
OU C
Receivables
Purchasing
Payables
E-Business Suite
Projects
Assets
• Single bank account
serves multiple Operating
Units
• Any and all Operating
Units associated with a
ledger can be permitted to
use the bank account
Plus
 Centralized Credit Card Model
 Credit Card Encryption
 Supplier & Customer Banks in TCA
Example: Shared Service Disbursement
OU A
OU B
Centralized
Accounting
Single
Payment
Instruction
OU C
Invoices
Bank
Payments
1.
Setup accounting policies
2.
3.
Select invoices from multiple OUs
Format for bank and disbursement
countries
Send single instruction to bank
Generate separate payments for
each OU
4.
5.
Enhanced Payment Processing
User Experience
Payables’ Payments Dashboard
Secure Treasury Operations & Information
With Seamless and Timely Bank Reconciliation
Bank Statement
Open Interface
Miscellaneous
Transactions
Payroll
Formats
• BAI2
• SWIFT940
• EDIFACT
• XML
$
AR
Accounting
Entries
$
General
Ledger
Statements
$
Cash
Management
AP
Treasury
Reconciliation
Open Interface
External
Systems
Banks
Meet Enterprise Cash Requirements
With Flexible Cash Forecasting
Release 12 – Global Tax
Centralized Tax Determination & Reporting
Intercompany
Projects
Other
Payables
Purchasing
Inventory
Cash Mgmt
Assets
Receivables
Trading
Community
Global
Tax
Banks &
Accounts
Centralized
Accounting
• Centralized Rules &
Determination
• Improved Reporting
• Effective Dated Setup
• Tax Simulator
eBusiness Tax
Tax determination, not just tax codes…
Before R12
R12
• User determines tax by assigning
• eBTax determines tax based on
facts about each transaction
Tax Codes
• Tax rules in code
• Tax rules you can see
• Global descriptive flexfields for
• Tax attributes collected in fields on
country-specific tax attributes
key entities
• Configure tax rules once per regime
• Granular setup at OU level
and share with your legal entities
• Facilitates compliance
• Improves auditability
39
Copyright © Oracle Corporation, 2006. All rights reserved.
Oracle eBusiness Tax
Processing taxes for transactions and reporting
Transactions
Purchasing
Parties
Single Interface for Transactions
Payables
Places
Products
Sales Orders
Processes
Determine Applicable
Regimes
Taxes
Tax Status
& Rate
Taxable
Basis
Transparent Integration with Tax Partner Services
Receivables
…
40
Calculate
Tax
Amount
Tax Reports
- PDF, HTML, RTF
- Security enabled
Tax
Transactions
Copyright © Oracle Corporation, 2006. All rights reserved.
Taxes,
Rules
Global Tax
Regime to Rate Configuration
Regime
Tax
Status
Rate
42
Copyright © Oracle Corporation, 2006. All rights reserved.
Global Tax
Rules & Exceptions
43
Copyright © Oracle Corporation, 2006. All rights reserved.
Release 12 – Trading Community Architecture
Centralization Extended
Intercompany
Projects
Other
Payables
Purchasing
Inventory
Cash Mgmt
Assets
Receivables
Trading
Community
Global
Tax
Banks &
Accounts
Centralized
Accounting
• Suppliers
• Banks & Branches
• Tax Geographies
• Improved Consistency
Suppliers in TCA
Leveraging centralized data model
Payables
Purchasing
Suppliers
Payments
Global Tax
Geographies
Party
Information
Cash
Management
Banks and
Branches
Trading
Community
Architecture
ERP
CRM
3rd Party
Suppliers in TCA
Release 12 – Intercompany
Advanced Global Intercompany System
Intercompany
Projects
Other
Payables
Purchasing
Inventory
Cash Mgmt
Assets
Receivables
Trading
Community
Global
Tax
Banks &
Accounts
Centralized
Accounting
• Intercompany Account
Definition
• Integration with Payables
& Receivables
• Improved Reconciliation
• Inter & Intra – Company
Balancing
Centralized Intercompany
Faster Period-End Close
Advanced Global
Intercompany
System
Subledger
Invoices &
Documents
Manual
Entry
Open
Interfaces /
API
 Generate subledger invoices
Excel
(Web ADI)
 Fully Configurable Approval
Rules
 Control transaction entry with
Intercompany Calendar
Online
Reconciliatio
n Reporting
 Centrally defined Intercompany
Accounts
XML
Publisher
Reports
 Transaction-level balancing
Dr
General
Ledger
Cr
Subledger
Accounting
Receivables
Payables
Advanced Global Intercompany System (AGIS)
This is the
Receivables Balance
in Vision Sweden
This is the Payables
Balance in Vision
Norway
Totals of the journals posted in each of the
Legal Entities grouped by source and
category
The Payables balance in Vision Norway is
less than the Receivables balance in Vision
Sweden indicating Payables Invoices have
not been posted.
Details of the journals in
Vision Sweden
MOAC
Role-Based Access
More Productive Shared Services Operations
Perform multiple tasks across operating units
without changing responsibilities
US
Italy
France
Legal Entity
Legal Entity
Legal Entity
US
Italy
France
Operating Unit
Operating Unit
Operating Unit
Responsibility
SingleResponsibility
ResponsibilityResponsibility
Functional Tasks
 Accounting
 Billing, Dunning
& Collections
 Procurement
 Order Management
 Payments
 Data Management
MOAC in Action
BI Publisher
BI Publisher
Work Think Manage
Business Users Format and Deliver Documents
Data Sources
Oracle
Applications
BI Publisher
Publishing
Engine
XML
Output Formats
PDF
RTF
HTML
XML
EDI
Excel
CRM
Destination
• Email
• Printer
• Fax
Projects
FMS
Templates
Letters
Order
Confirmations
Fund
Transfers
Online
Paychecks
Bills
Government
Grant Forms
HCM
SCM
Any XML
Data Source
Business
User
Out with the “Old”
In with the “New”
BI Publisher
High Quality Enterprise Reporting
Agenda
• Why Release 12 ?
• What do I need to know about Release 12?
• Why should customers upgrade?
• Where do I go to learn more?
• Questions?
63
Change
Management
Video
Superior Ownership Experience
Better Upgrades
Continuity and Choice
 Uptake new features
at your pace
 Run your business the  Minimize manual work
same way
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
Business Case for Upgrading
Understanding the Options
11i
12
11.5.10
Fusion
Increase Productivity
New User Experience
New Background
Pattern
New
Buttons
New
Colors
New
Fonts
New
Icons
<Insert Picture Here>
300+ New Features
Evolution of Oracle Financials
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 11i.10…
• 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
• Project Management
New in R12…
• Ledgers and ledger sets
• Centralized rules-based
accounting engine
• Single, global tax engine
• Centralized payments engine
• Common global intercompany
system
• Shared services support with
multi-org access
• Improved user experience
• Centralized data model for
suppliers and banks
• Incentive Compensation
enhancements
• Improved Collections
Functionality
• New Project Management tools
• Enhanced Rev Recognition
• Enhanced Revenue Matching
CONFIDENTIAL: All capabilities and dates are for planning purposes only and may not be used in any contract
Why Upgrade
Less Transaction Processing, More Business Support
Globalization
“How do I manage complexity of
complying with international
regulations, tax codes, and financial
reporting standards?”
• Standardize processes
• Centralize accounting/tax setup
and maintenance
Complexity and Costs
“How can I spend less money and time
on transaction processing while
supporting business growth?”
• Consolidate finance systems
• Implement shared services
• Adopt best practices
Regulations and Oversight
“How do I get a return on the expense
of managing increasing regulatory and
oversight demands and risk?”
• Manage compliance with one
platform
• Integrate performance
management across the business
Profitable Growth
“How do I partner with the business to
make the right investments in products,
people, projects, and processes to
drive growth?”
• Synchronize financial and
operational data
Agenda
• Why Release 12 ?
• What do I need to know about Release 12?
• Why should customers upgrade?
• Where do I go to learn more?
• Questions?
89
R12 information available online for EBS customers
Oracle.com
• EBS Release 12 page on Oracle.com
• The link for R12 Information Page on Oracle.com
• EBS Release 12 User Guides on Oracle.com
• The link for R12 User Guides on Oracle.com
• Oracle Business Intelligence Applications
• The link for BI Applications on Oracle.com
• Oracle GRC Governance Risk Compliance Applications
• The link for GRC Controls Suite Applications
Launch.Oracle.com
User Productivity Kit (UPK)
Oracle’s User Productivity Kit is the collaborative content development platform to drive
user productivity and mitigate risk throughout all phases of the software ownership lifecycle
Documentation
Training
Performance
Support Material
Process Guides
Instructor-led Training
Simulations
User Acceptance
Web-based Training
Test Scripts
Job Aids
Job Aids
Usage Tracking
Usage Tracking
Go-Live
Application Coach
Multi-user Content Management Capabilities
UPK
Single Source Development and Customization
Developer
Check In/Check Out
Version Control
History
Rollback
R12 information available online for EBS customers
Metalink
• EBS Release 12 Information Center on Metalink:
• The link for R12 Information Center
• EBS Release 12 RCD’s (Release Content Documents)
(Metalink Note: 404152.1):
• The link for RCD’s
• EBS Release 12 Documentation Resources Overview
(Metalink Note: 394692.1):
• The link for the Documentation Resources
• EBS Release 12 Translation Matrix (Metalink Note: 412218.1):
• The link for R12 translation matrix
• R12 EMEA Consulting Localizations for Belgium
• R12 EMEA Consulting Localizations - Belgium
Q&A
&
Q U E S T I O N S
A N S W E R S