Transcript Slide 1

Oracle E-Business Suite
What’s New in Financials Release 12
Sue Guggenberger
Sales Consultant
Today’s Quiz
What percent of companies have …
standard processes across the
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%
7%
17%
27%
Implemented
enterprise?
Rationalized finance platforms?
Source: The Agile CFO, IBM Business Consulting Services
© 2006 Oracle Corporation – Proprietary and Confidential
Finance Performance
Suffering from Lack of Standardization
HOW FINANCE SPENDS ITS TIME
• Nearly 50% on routine work
AREAS THAT FINANCE NEEDS TO IMPROVE
26%
47%
27%
Transactional Activities
Control Activities
Decision Support, Performance Mgmt
The Agile CFO, IBM Business Consulting
Services, 2005
© 2006 Oracle Corporation – Proprietary and Confidential
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
Agenda
• What’s on the mind of the CFO?
• How can Financials Release 12 help?
• Why Upgrade?
© 2006 Oracle Corporation – Proprietary and Confidential
Today’s CFO Agenda
GLOBALIZATION
COMPLEXITY AND COSTS
…Today’s workforce,
customers, suppliers, and
competitors have all become
global
… Globalization brings
complexity with it, and
unnecessary complexity
drives up costs
INNOVATION AND GROWTH
GOVERNANCE, RISK &
COMPLIANCE
… Not just any growth, but
growth that creates value
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…Companies are under
pressure to do more than
just meet the letter of the
law
Globalization Adds Complexity
EXTENT TO WHICH VALUE CREATING ACTIVITIES
INCREASE COMPLEXITY
Expansion into New Territories
M&A
26
New Product Launches
36
Offshoring
34
32
33
23
35
33
Strategic Alliances
23
42
29
77% of global CEOs
say the level of
complexity in their
organizations is
higher than 3 years
ago
16
36
16
33
Some Extent
Business Process Localization
29
39
11
Large Extent
Outsourcing
0
20
Percent
Source: PWC, 9th Annual Global CEO Survey
© 2006 Oracle Corporation – Proprietary and Confidential
10
26
39
40
60
Very Large Extent
80
100
Complexity Drives Up Costs
Costs
• Fragmented systems
• Varied policies, processes, controls, and
systems
• Manual processes
• Consolidated systems
• Standard policies, processes, controls and
systems
• Automated and best practice processes
Complexity
© 2006 Oracle Corporation – Proprietary and Confidential
Back to the Basics
Consolidate, Centralize, and Standardize
Major Focus
STANDARDIZING operating practices and
controls
69%
50%
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%
Senior
executives say
simplification
is driving the
Finance
agenda
Reducing reliance on spreadsheets
33%
Source: PWC Management Barometer
© 2006 Oracle Corporation – Proprietary and Confidential
<Insert Picture Here>
Anthony Salcido
VP and Corporate Controller,
Toyota Motor Sales USA
“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.”
© 2006 Oracle Corporation – Proprietary and Confidential
How Oracle Financials Can Help
The World’s Most Flexible and Complete Solution
GLOBALIZATION
COMPLEXITY AND COSTS
• Work across applications,
• Quickly integrate new
divisions and regions
• Achieve global view of
customer, supplier, partner
and operations
• Manage global applications
easier
businesses
• Support growth at lower
cost
• Meet varied reporting
standards
INNOVATION AND GROWTH
GOVERNANCE, RISK &
COMPLIANCE
• Adapt to business change
• Make the right investments
• Drive performance
© 2006 Oracle Corporation – Proprietary and Confidential
• Control costs and risks
• Protect your resources
• Enforce accountability
How Oracle Financials Can Help
The World’s Most Flexible and Complete Solution
GLOBALIZATION
COMPLEXITY AND COSTS
• Work across applications,
• Quickly integrate new
divisions and regions
• Achieve global view of
customer, supplier, partner
and operations
• Manage global applications
easier
businesses
• Support growth at lower
cost
• Meet varied reporting
standards
INNOVATION AND GROWTH
GOVERNANCE, RISK &
COMPLIANCE
• Adapt to business change
• Make the right investments
• Drive performance
© 2006 Oracle Corporation – Proprietary and Confidential
• Control costs and risks
• Protect your resources
• Enforce accountability
How Oracle Financials Can Help
The World’s Most Flexible and Complete Solution
GLOBALIZATION
COMPLEXITY AND COSTS
• Work across applications,
• Quickly integrate new
divisions and regions
• Achieve global view of
customer, supplier, partner
and operations
• Manage global applications
easier
businesses
• Support growth at lower
cost
• Meet varied reporting
standards
INNOVATION AND GROWTH
GOVERNANCE, RISK &
COMPLIANCE
• Adapt to business change
• Make the right investments
• Drive performance
© 2006 Oracle Corporation – Proprietary and Confidential
• Control costs and risks
• Protect your resources
• Enforce accountability
How Oracle Financials Can Help
The World’s Most Flexible and Complete Solution
GLOBALIZATION
COMPLEXITY AND COSTS
• Work across applications,
• Quickly integrate new
divisions and regions
• Achieve global view of
customer, supplier, partner
and operations
• Manage global applications
easier
businesses
• Support growth at lower
cost
• Meet varied reporting
standards
INNOVATION AND GROWTH
GOVERNANCE, RISK &
COMPLIANCE
• Adapt to business change
• Make the right investments
• Drive performance
© 2006 Oracle Corporation – Proprietary and Confidential
• Control costs and risks
• Protect your resources
• Enforce accountability
How Oracle Financials Can Help
The World’s Most Flexible and Complete Solution
GLOBALIZATION
COMPLEXITY AND COSTS
• Work across applications,
• Quickly integrate new
divisions and regions
• Achieve global view of
customer, supplier, partner
and operations
• Manage global applications
easier
businesses
• Support growth at lower
cost
• Meet varied reporting
standards
INNOVATION AND GROWTH
GOVERNANCE, RISK &
COMPLIANCE
• Adapt to business change
• Make the right investments
• Drive performance
© 2006 Oracle Corporation – Proprietary and Confidential
• Control costs and risks
• Protect your resources
• Enforce accountability
Agenda
• What’s on the mind of the CFO?
• How can Financials Release 12 help?
• Why Upgrade?
© 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
Financials Release 12
The Global Business Release
WORK GLOBALLY
THINK GLOBALLY
MANAGE GLOBALLY
To Be More Competitive
To Make the Right Decisions
To Lower Cost & Increase
Performance
Work better across applications,
divisions, and regions
Achieve global view of customer,
supplier, partner & operations
• Flexible, centralized,
global accounting
structure
• 300+ enhancements to
best practice business
processes
• Comprehensive
governance, risk and
compliance platform
© 2006 Oracle Corporation – Proprietary and Confidential
• Truly integrated
performance
management
• Real-time profitability
analysis
• Unified financial and
operational analytic
applications
Implement, manage, and scale
global applications easier
• Integration with core
industry applications
• Self-service report
formats and publication
• Superior ownership
experience
<Insert Picture Here>
WORK Globally
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Global Architecture
More Control, Greater Flexibility, Lower Costs
3rd Party
Systems
Dr
Cr
Legal Entity
3rd Party
Systems
MULTIPLE
LEDGERS
General Ledger
Centralized Accounting Model,
Rules, Engine and Repository
Banking
Intercompany
Accounting
Global Tax
E-Business Suite
Inventory
Receivables
Purchasing
Payables
© 2006 Oracle Corporation – Proprietary and Confidential
Projects
Work in Process
1
2
Centralized Architecture
2.1
LEGAL ENTITY
2.2
ACCOUNTING
2.3
BANK MODEL
2.4
TAX ENGINE
2.5
INTERCOMPANY
3
ROLE BASED ACCESS
to Operating Units
Multiple Ledgers
1
More Efficient Period-end Processing
Must Share:
Chart of Accounts
Calendar
Ledger Set
Ledger C
Ledger B
Ledger A
French Rules
Plan Comptable
French Calendar
US GAAP
US COA
US Calendar
EUR
EUR
US GAAP
US COA
US Calendar
Defined by 4 C’s:
USD
• Accounting
Convention
Ledger D
• Chart of Accounts
• Calendar
US GAAP
• Currency
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
© 2006 Oracle Corporation – Proprietary and Confidential
Reporting Currency
Get the Legal Entity Right
2.1
Compliance falls into place
LE’s in Release 12
Why We Care
• LEs pay the taxes
• Need tax registrations
• Trade between LEs
• Need intercompany
• 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
• LEs own the money and bank
accounts
• Bank Model
• LEs file the accounts
• Accounting
• Takes care of accounting
© 2006 Oracle Corporation – Proprietary and Confidential
• Registered companies use their
money to pay their bills, etc.
• Assign books, bookkeeping rules
and currency management to your
registered companies
Centralized Legal Entity Management
Easier Compliance for Complex Structures
Registered Company
Requirements
Public
Company
Subsidiary
Public
Company
Company
(regional parent)
Subsidiary
Company
Subsidiary
Company
(business parent)
Subsidiary
Company
Subsidiary
Company
Subsidiary
Company
Subsidiary
Company
Legal entities (parent and subsidiary)
“Group” structure
© 2006 Oracle Corporation – Proprietary and Confidential
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.
2.1
Centralized Accounting Policies
2.2
Greater Control, Transparency and Auditability
3rd Party
Systems
Dr
Cr
Legal Entity
3rd
Party
Systems
• Internal control and
compliance with multiple
accounting policies through
user-defined accounting rules
General Ledger
• Single source of truth for all
subsystem accounting activity
with a common data model
and repository
Centralized Accounting Model,
Rules, Engine and Repository
Banking
Global Tax
Intercompany
Accounting
E-Business Suite
Inventory
Purchasing
Receivables
Projects
Payables
Work in Process
© 2006 Oracle Corporation – Proprietary and Confidential
• Accounting, reconciliation
and reporting facilitated by
centralized data model
• Streamline closing process
with common posting engine
• Auditable and transparent
entries accessible with full
drilldown
Multiple Accounting Representations
Parallel Financial Reporting
Ledger B
Ledger A
French Rules
Plan Comptable
French Calendar
US GAAP
US COA
US Calendar
EUR
EUR
Dr
Cr
Centralized
Accounting
Payables Invoice
© 2006 Oracle Corporation – Proprietary and Confidential
Single business transaction
can create multiple
accounting representations
and in multiple currencies
1
+
2.2
Centralized Banking and Payments
2.3
Funds Disbursements and Capture
• Bank account is now
associated with LE entity
rather than Operating Unit
LE
OU A
OU B
OU C
• Single bank account serves
multiple Operating Units
• Any and all Operating Units
associated with a ledger
can be permitted to use the
bank account
Inventory
Receivables
Work in Process Purchasing
Payables
E-Business Suite
© 2006 Oracle Corporation – Proprietary and Confidential
Projects
Assets
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
© 2006 Oracle Corporation – Proprietary and Confidential
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.
2.4
Centralized Global Tax
Less Complex Global Tax Compliance
Benefits
Solution
• Automated processing based on predefined tax rules
Operational Efficiency
• 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.)
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
• Tax reporting ledger provides single source of the truth and complete
auditability
Information Visibility
• Configurable tax reporting templates
• Tax simulator for setup, rules, and transactions
© 2006 Oracle Corporation – Proprietary and Confidential
Oracle eBusiness Tax
Processing taxes for transactions and reporting
Transactions
Purchasing

Parties
Compliance, Assurance

Efficiency, Global Visibility
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

Extensible

Service Oriented Architecture
Receivables
…
Tax Reports
- PDF, HTML, RTF
- Security enabled
© 2006 Oracle Corporation – Proprietary and Confidential
Calculate
Tax
Amount
Tax
Transactions
Taxes,
Rules
Centralized Intercompany
2.5
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
Reconciliation
Reporting
 Centrally defined Intercompany
Accounts
XML
Publisher
Reports
 Transaction-level balancing
Dr
General
Ledger
© 2006 Oracle Corporation – Proprietary and Confidential
Cr
Subledger
Accounting
Receivables
Payables
3
Role-Based Access
More Productive Shared Services Operations
Perform multiple tasks across operating units without
changing responsibilities
Belgium
Holland
Denmark
Legal Entity
Legal Entity
Legal Entity
Belgium
Holland
Denmark
Operating Unit
Operating Unit
Operating Unit
Responsibility
SingleResponsibility
ResponsibilityResponsibility
© 2006 Oracle Corporation – Proprietary and Confidential
Functional Tasks
 Accounting
 Billing, Dunning
& Collections
 Procurement
 Order Management
 Payments
 Data Management
<Insert Picture Here>
Governance, Risk and
Compliance
© 2006 Oracle Corporation – Proprietary and Confidential
Global Compliance and Reporting*
Integrated Financial Reporting & Compliance Mgmt
New in FCH
• Monitor consolidation process
Financial Consolidation Hub
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 GRC
• Compliant access provisioning
• Continuous monitoring of profile
options
• Monitoring of application controls at
supplier sites
• Online and report history of application
control changes
* Available Pre-R12
© 2006 Oracle Corporation – Proprietary and Confidential
Governance, Risk & Compliance
Global Visibility and Integration
Financial Consolidation Hub
Oracle EBS
Data
Transformation
& Validation
One-Touch
Consolidation
Results
Auditing
PeopleSoft E
JD Edwards E1
Operating
Balances
Financial
Consolidation
Report
Generation
SAP
Legacy Apps
Multi-Dimensional
Analysis
Compliance
Certification
© 2006 Oracle Corporation – Proprietary and Confidential
Financial Consolidation Hub
Spreadsheet Reporting with Live Drill
Interactive
spreadsheet
with
live drill to
transactions
© 2006 Oracle Corporation – Proprietary and Confidential
Oracle Governance, Risk, and Compliance
Insight
Processes
Risk & Compliance Mgmt
Policy Mgmt
Controls Management
Industry Specific
Risk & Control
Intelligence
Applications
Oracle
SAP
Custom
Legacy
Other
Infrastructure Services
Operational
Intelligence
Content Mgmt
Identity Mgmt
Change Mgmt
Data Security
Data Audit
Repository
© 2006 Oracle Corporation – Proprietary and Confidential
Performance
Management
Oracle Governance, Risk, and Compliance
Best-in-Class Infrastructure Automates Enforcement
Insight
Processes
Risk & Compliance Mgmt
Policy Mgmt
Controls Management
Industry Specific
Risk & Control
Intelligence
Applications
Oracle
SAP
Custom
Legacy
Operational
Intelligence
Change Mgmt
Data Security
Data Audit
Repository
© 2006 Oracle Corporation – Proprietary and Confidential
assets across the
entire technology stack
• Enforce best-practice
Content Mgmt
Identity Mgmt
reliability with content
security, records
retention, and identity
management
• Protect information
Other
Infrastructure Services
• Ensure information
Performance
Management
segregation of duties,
configuration and
change management
procedures
Oracle Governance, Risk, and Compliance
Comprehensive Applications Control Costs and Risks
Insight
Processes
Risk & Compliance Mgmt
Policy Mgmt
Controls Management
Industry Specific
Risk & Control
Intelligence
Applications
Oracle
SAP
Custom
Legacy
Other
Infrastructure Services
Operational
Intelligence
Content Mgmt
Identity Mgmt
Change Mgmt
Data Security
Data Audit
Repository
© 2006 Oracle Corporation – Proprietary and Confidential
Performance
Management
• Standardize on
best-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
Oracle Governance, Risk, and Compliance
Integrated Business Insight Ensures Accountability
Insight
Processes
Risk & Compliance Mgmt
Policy Mgmt
Controls Management
Industry Specific
Risk & Control
Intelligence
Applications
Oracle
SAP
Custom
Legacy
Operational
Intelligence
Content Mgmt
Identity Mgmt
Data Audit
Repository
© 2006 Oracle Corporation – Proprietary and Confidential
and business process
control with
auditor-ready reporting
• Optimize business
Change Mgmt
Data Security
with timely
compliance, risk, and
performance
management info
• Provide evidence of IT
Other
Infrastructure Services
• Improve governance
Performance
Management
performance through
risk-aware strategic
planning
<Insert Picture Here>
THINK Globally
© 2006 Oracle Corporation – Proprietary and Confidential
Truly Integrated CPM Applications
Executives
Managers
Work Think Manage
Analysts
• Make timely decisions
Users
Reporting
with integrated
information systems
Planning
Consolidation
& Compliance
Profitability
Analysis
Forecasting
& Modeling
Portfolio
Analysis
Operational
Reporting
Performance
Scorecards
Network
Optimization
Inventory
Optimization
Transaction Processing
Financials, Supply Chain, Projects,
PLM, Sales & Marketing, HR, Service
© 2006 Oracle Corporation – Proprietary and Confidential
Sensor
Based
Services
• Target information
delivery with rolebased dashboards
• Protect organizational
integrity with secure
information delivery
Oracle BI Foundation
Comprehensive
Hot Pluggable
Pervasive
• Integrated BI platform & broad range of BI applications
• Powerful OLAP, “Speed of thought” response
• Broadest spectrum of BI functionality
• 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
Hyperion
Advanced BI Server
Best In Class PM
Applications
Enterprise Information
Model
Flexible Information
Access
Comprehensive BI
Applications
Market Leading OLAP
© 2006 Oracle Corporation – Proprietary and Confidential
Oracle
Integrated, Open, Best of Breed
Hyperion
Best In Class PM
Applications
Advanced BI Server Advanced BI Server
Best In Class FPM
Applications
Enterprise Information
Enterprise Information
Model
Model
Flexible Information Flexible Information
Access
Access
Comprehensive BI Comprehensive BI
Applications
Applications
Market Leading OLAPMarket Leading OLAP
© 2006 Oracle Corporation – Proprietary and Confidential
Oracle
<Insert Picture Here>
MANAGE Globally
© 2006 Oracle Corporation – Proprietary and Confidential
Work Think Manage
Comprehensive Integration Repository
A Catalog of All EBS Integration Points
• Web Services
• Public Java & PL/SQL APIs
• Business Events
• Batch Interfaces
• Enable key integration types
-
Business to Business
Enterprise Application Integration
Business Process Management
Business Activity Monitoring
• Support industry-standard
messages
• Support standards-based
XML documents
• Search and view available
interfaces via powerful UI
• Automatically keep in step with
source code via standard patching
© 2006 Oracle Corporation – Proprietary and Confidential
Work Think Manage
Comprehensive Integration Repository
A Catalog of All EBS Integration Points
• Web Services
• Public Java & PL/SQL APIs
• Business Events
• Batch Interfaces
• Enable key integration types
-
Business to Business
Enterprise Application Integration
Business Process Management
Business Activity Monitoring
• Support industry-standard
messages
• Support standards-based
XML documents
• Search and view available
interfaces via powerful UI
• Automatically keep in step with
source code via standard patching
© 2006 Oracle Corporation – Proprietary and Confidential
Integration with Core Applications
Work Think Manage
Oracle | Retek Integration with BPEL
• Lower cost integration between disparate systems
• Better performance with integrated business flows across applications
Merchandising
Sales Audit
Stock Ledger
Inbound Retek Data
• Matched invoices
• Credit notes
• Debit memos
• Rebates
•
•
•
•
Daily sales
Cash and deposits
Inventory
Sales data
Outbound Financials Data
• Suppliers
• Partners
• Addresses
• Freight terms
© 2006 Oracle Corporation – Proprietary and Confidential
• Payment terms
• GL accounts
• Currency rates
General
Ledger
Accounts
Receivable
Cash
Management
E-Business Financials
Invoice
Matching
Accounts
Payable
Data Management
Work Think Manage
Leveraging centralized data model
Payables
Purchasing
Suppliers
Payments
Global Tax
Authorities,
Geographies, etc.
Party
Information
Cash
Management
Banks and
Branches
Trading
Community
Architecture
Oracle Fusion Middleware
ERP
© 2006 Oracle Corporation – Proprietary and Confidential
CRM
3rd Party
Self-Service Reporting
Work Think Manage
XML Publisher
Reporting Evolution
• 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
Benefits
• 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
“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
enables users to create their own reports, minimizing the dependency on the IT staff.”
-- Sean Malinski, Accenture Partner, Global
Business Solutions - Oracle Practice
© 2006 Oracle Corporation – Proprietary and Confidential
Superior Ownership Experience
Work Think Manage
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
© 2006 Oracle Corporation – Proprietary and Confidential
Superior Ownership Experience
Work Think Manage
Single Page for Accounting Setup
•Legal Entities
•Ledgers
•Currencies
•Balancing
Segments
•Subledger
Accounting
•Operating
Units
•Balancing
Options
© 2006 Oracle Corporation – Proprietary and Confidential
Superior Ownership Experience
Work Think Manage
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
“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
architecture changes in Release 12. Upgrading now will help build the foundation to
prepare for Fusion—maximizing business value while mitigating risk.”
-- Sean Malinski, Accenture Partner, Global Business
Solutions - Oracle Practice
© 2006 Oracle Corporation – Proprietary and Confidential
Enhanced Industry Support
Manufacturing
• Regulatory
compliance for
clinical trials
and 21 CFR
Part II
Asset
Intensive
Service
• Common asset • Financials and
repository
Retek
• Enhanced fleet Merchandising
integration
asset
management
• Financial
Services
• Support for 21
Accounting
CFR Part II
Hub
• Enhanced
budgeting and
forecasting
© 2006 Oracle Corporation – Proprietary and Confidential
Public
Services
• Centralized
and
configurable
budgetary
control and
accounting
• Enhanced
shared
services
Agenda
• What’s on the mind of the CFO?
• How can Financials Release 12 help?
• Why Upgrade?
© 2006 Oracle Corporation – Proprietary and Confidential
Why Upgrade
Straight Talk from Customers
“We have 60 sets of books and see tremendous efficiencies with running
processes across these sets of books using Ledger Sets.”
“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.”
“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.”
“The ability to access multiple operating units with a single responsibility can
simplify SOX compliance monitoring.”
“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.”
“Banks, taxes, payments, and accounting – everything that becomes centralized
will bring tremendous efficiencies to our organization.”
© 2006 Oracle Corporation – Proprietary and Confidential
Why Upgrade
Straight 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 Upgrade
Straight 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 Upgrade
Straight 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 Upgrade
Straight 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 Upgrade
Multinational Customers
 Manage complexity at lower cost
 Comply with international regulations and standards
 Reduce upgrade risk
© 2006 Oracle Corporation – Proprietary and Confidential
Why Upgrade
Domestic Customers
 Lower TCO
 Improve user experience
 Reduce upgrade risk
© 2006 Oracle Corporation – Proprietary and Confidential
Financials Release 12
The Global Business Release
WORK GLOBALLY
THINK GLOBALLY
MANAGE GLOBALLY
To Be More Competitive
To Make the Right Decisions
To Lower Cost & Increase
Performance
Work better across applications,
divisions, and regions
Achieve global view of customer,
supplier, partner & operations
• Flexible, centralized,
global accounting
structure
• 300+ enhancements to
best practice business
processes
• Comprehensive
governance, risk and
compliance platform
© 2006 Oracle Corporation – Proprietary and Confidential
• Truly integrated
performance
management
• Real-time profitability
analysis
• Unified financial and
operational analytic
applications
Implement, manage, and scale
global applications easier
• Integration with core
industry applications
• Self-service report
formats and publication
• Superior ownership
experience
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
<Insert Picture Here>
Appendix:
300+ New Features
© 2006 Oracle Corporation – Proprietary and Confidential
New in Financial Control & Reporting
Highly automated financials processing drives efficiencies
• Centralized accounting setup
• Streamlined multiple ledger processing and reporting
• Parallel financial reporting
• Automatic reporting currency conversion
EFFICIENCY
• Replacement for disabled accounts
• Data security across legal entities, ledgers or balancing
segment values
• Control Accounts
FLEXIBILITY
• Accounting and reporting sequencing
• Journal line reconciliation
AUDITABILITY
© 2006 Oracle Corporation – Proprietary and Confidential
New in Procure-to-Pay
Integrated Suite Optimizes Working Capital
• Document line level entry and approval
• Non-PO invoice accounting entry by approvers
• Invoice dispute management
PRODUCTIVITY
• 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
COST SAVINGS
• Streamlined supplier setup and maintenance as part of
Trading Community Architecture (TCA)
• Access to TCA features
© 2006 Oracle Corporation – Proprietary and Confidential
INTEGRATION
New in Credit-to-Cash
Accelerate cash cycle and manage revenue with fiscal discipline
•
•
•
•
Daily revenue recognition
Deferral reason for goods and services
COGS and revenue matching
Line level cash application
COMPLIANCE
• 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
BETTER CASH FLOW
• Visibility to carry-forward balances with cycle-based
billing
• Payment application according to customer preferences
© 2006 Oracle Corporation – Proprietary and Confidential
INDUSTRY SUPPORT
New in Cash and Treasury
Optimize Cash and Treasury Operations
• Centralized and consolidated bank model
• Single bank account shared by multiple organizations
• Bank account transfers directly in Cash Management
EFFICIENCY
• 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
COMPLEXITY
• 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
© 2006 Oracle Corporation – Proprietary and Confidential
FLEXIBILITY
New in Asset Management
Maximize return on assets
• Automate legacy asset conversion with enhanced
preparation of Mass Additions
• Perform rollback on select assets with Automatic
Depreciation Rollback
EFFICIENCY
PERFORMANCE
• Group Assets to include “Units of Production” method
• Energy straight-line depreciation method
• Asset impairment of a producing asset
© 2006 Oracle Corporation – Proprietary and Confidential
INDUSTRY SUPPORT
New in Travel & Expense
Lower the total cost of travel and expense
• CONUS and OCONUS global per diem rates
LOWER COSTS
• Per diem and policy schedules
• Expense splitting across multiple accounting segments
• Enhanced cost center and projects approvals
ACCURACY
• Self-service cash advance application during entry
• Bar code generation
• Streamlined receipts management with receipts tracking
and receipts missing capabilities
© 2006 Oracle Corporation – Proprietary and Confidential
PRODUCTIVITY