implementing cloud financials
TRANSCRIPT
Path to Oracle Cloud Financials
Bill Irwin
VP, Oracle Solutions
Agenda
1 Hitachi Consulting Overview
2 Path to Oracle ERP Cloud
3 ERP Cloud Offerings
4 Success Stories
5 Q&A
Who is Hitachi Consulting
25 Languages 50
Hitachi Consulting is an Oracle Diamond Partner
1 of just 8 firms in the highest tier of the Oracle Partner Network
Elite Oracle Practice
Full service Oracle practice covering all Oracle pillars: ERP, SCM, HCM, CRM/CX, BI/Hyperion, Integration/SOA – deployed on premise and in the Cloud
Oracle ERP Cloud Practice
- Fusion / Cloud co-development partner with Oracle since 2012
- Implemented Oracle ERP Cloud and other Oracle Cloud applications including HCM and CRM/CX
- Integration Center of Excellence; extensive Fusion Middleware / SOA experience
- Proven Cloud Implementation Methodology
Full Array of Cloud Services Global Oracle Cloud Service Offerings
Management Consulting Services
Fusion Integration Services (SOA/
Fusion MW)
Cloud Implementation
Services
Fusion Support & Maintenance
Services
• Assessment Services • Industry-Specific Solutions • Organizational Change
Management • Business Transformation • Process Improvement • Best Practices
• Fusion Middleware/ SOA • Architecture/
Infrastructure • Legacy system integration • Cloud Strategy • Data Migration • 3rd party/ Interface
development and integration
• ETL
• Proof of Concepts • Software Installation • Solution Definition • Co-Existence Solution
Design • Solution Development • Testing • Offshore development • Fusion Labs
• Cloud Support Services • Production Maintenance • Upgrades/ Patches • Hosting • Help Desk • Application Change
Management • Application Maintenance
Outsourcing • Business Process
Outsourcing • IT Outsourcing
Cloud Tools & Accelerators
Ora
cle
Dia
mo
nd
Par
tne
rsh
ip
Clo
ud
So
luti
on
Co
-Dev
elo
pm
ent
The Path to Oracle ERP Cloud
around-the-
clock availability big data change at the
speed of business
customer
engagement immediate
information
mobile personalized
service
social user experience
digital changes everything
real-time
fulfillment
zero errors
Cloud Dilemma
Fusion Applications look great, but what should be
my next step?
Fusion R9?
Extended
Support?
JDE Upgrade?
PeopleSoft 9.x?
EBS 12.2.x?
Early Adopter?
Stay on Apps Unlimited?
On Premise? On Demand?
The path to Oracle ERP Cloud Key Drivers
- Application Release/ Software level
- Depth of Solution Landscape
- Technical Architecture
- Customizations Landscape
- Master Data Management
- Business Processes
- Governance
- Projects Portfolio
The path to Oracle ERP Cloud
CRM
Supply Chain Management
Human Capital Management
Project Portfolio Management
Procurement
Financial Management
E-B
usin
ess S
uite
P
eople
Soft
JD
Ed
wa
rds
Fu
sio
n A
pp
lica
tio
ns
Siebel CRM
Hyperion Fusion GRC Cloud
Financials
Fusion Shared-Service Procurement
Fusion Talent Management
Fusion Incentive Compensation
Primavera
Fusion Incentive Compensation
Fusion Sales Planning
CRM On Demand
Fusion Customer Hub
Distributed Order Orchestration
Agile PLM VCP
Transportation Management
Warehouse Management
Fusion Product
Hub
Fusion Project Portfolio Management
Fusion Workforce Compensation
Fusion Accounting
Hub
Oracle Copyright
• General Ledger
• Payables
• Payments
• Expenses
• Receivables
• Assets
• Financial Reporting Center
• Balance Sheet and Income Statement (FR Studio)
• Ad Hoc Financial Reporting Analysis (Smart View)
• Operational Reporting (OTBI)
• Standard role based security mapped to users based on needs
• Choose from a library of pre-built approval rules
• Templates and tools to support master and transactional data conversions
• Bank integration
• Interactive workshops, rapid ramp up of project team in areas such as application
functionality, navigation, reporting tools, security and approvals.
MODULES
SECURITY
APPROVALS
DATA MIGRATION
USER ENABLEMENT
INTEGRATION
REPORTING
Cloud Financials - Key features
Audit &
Analyze
• Capture transaction
and reference
information for
accounting treatment
Transfer &
Post
Integrated Data and Centralized Accounting
Create
Accounting
Rules
Capture
Accounting
Events
• Centralized and
configurable rules
• Flexible multi-GAAP
support
• Generate detailed
accounting entries in
Fusion Accounting
Hub
• Drilldown from
balances to detailed
accounting journals
External Systems
EBS GL JDE GL PSFT GL Fusion GL
Fusion Accounting Hub
The path to Oracle ERP Cloud
Oracle Copyright
The path to Oracle ERP Cloud Options
Continue on Your Current Path • Upgrade to the latest release
of your existing Oracle applications portfolio
Adopt a Co-Existence Strategy • Add new Fusion Applications modules or pillars
to your existing Oracle applications portfolio
Embrace the Complete Suite • Deploy the comprehensive suite of
Fusion Applications products
Oracle Copyright
The path to Oracle ERP Cloud Options
#1: Current Customer
No plans to adopt Fusion Applications
at this time.
#2: Current Customer
Adopt Fusion Apps alongside existing Oracle apps with
no interoperability
#3: Current Customer
Adopt Fusion Apps alongside existing Oracle apps with
data interoperability
#4: Current Customer
Adopt Fusion Apps alongside existing Oracle apps with
web service-based interoperability
#5: Current Customer
Replace existing Oracle apps with
Fusion Applications
#6: New Customer
Replace 3rd party apps by adopting
Fusion Applications
Continue on Current Path
Co-Exist Fusion Apps Pillar or Suite
Oracle Copyright
SAP
SCM
Proposed Solution Phase One
Legacy
ERP, SCM, HCM
Custom
Order
Capture
SAP
SCM
Custom
Order
Capture
Fusion 1.0
SCM DOO, GOP,
Costing
Proposed Long Term Solution
Fusion
SCM
Fusion
Order
Capture
Fusion
SCM DOO, GOP,
Costing
Fusion n
ERP
Legacy
ERP, SCM, HCM
The path to Oracle ERP Cloud
Current Deployment
Oracle Copyright
ERP Cloud Offerings
Deep Oracle Experience
Strong Fusion/ Cloud Experience
Certified Consulting Pool
Strong Partnership with Oracle
Accelerators
Flexible, Client Focused & Collaborative
Approach
Option Applications
1 Financials Cloud
2 Financials and Procurement Cloud
3 Financials, Projects and Procurement Cloud
ERP Cloud Offerings Most Oracle clients migrate to the Cloud in phases.
ERP Cloud Scope
Applications
General Ledger
Accounts Payables
Accounts Receivables
Fixed Assets
Cash Management
General Ledger
Accounts Payables
Accounts Receivables
Fixed Assets
Cash Management
Procurement
General Ledger
Accounts Payables
Accounts Receivables
Fixed Assets
Cash Management
Procurement
Projects
OP
TIO
N 1
OP
TIO
N 2
OP
TIO
N 3
Conversions
•Suppliers •Customers •COA Migration •GL Balances •Open AR •Open AP
•Suppliers •Customers •COA Migration •GL Balances •Open AR •Open AP •Open PO
•Suppliers •Customers •COA Migration •GL Balances •Open AR •Open AP •Open PO •Open Projects
Key Consulting Services
Global Data Elements
•Document and Prioritize Business Requirements, Configure Applications, Perform two test cycles, Conduct Train-the-Trainer Sessions, Create Functional Application Setup Documents, Post Production Support
•1 COA, 1 Ledger, 1 Business Unit, 1 Country, English only, No Localizations
Others
• 2 Reports (Medium complexity), 2 file based Interfaces (Medium complexity)
Financials Financials + Procurement Fins + Proc + Projects
ERP Cloud Approach
Plan
Mobilize Project team
Finalize Project Schedule
Establish Key Stakeholders
Planning on Non-Production Environments
Demonstrate Iterative Design and Develop
Design Solution
Iterate requirements
Design
- Conversions
- Interfaces
- Reports
Develop
Configure Applications
Configure Security
Develop
- Conversions
- Interfaces
- Reports
Test
Unit Test
System Test
Deploy
Conduct Training
Convert Data
Build Production Environment
Cutover
Go Live
1 2 3 4
Familiarization Workshop
Out of the Box (OOTB) Config
Perform Product Demo
Establish Key requirements
Financials Cloud
Define
Design
Develop
Deploy
Transition
Product Quick View Familiarization Workshop Out-of-the-Box (OOTB) Configuration
Delta Requirements System Integration Architecture Build Prototype 1
Develop Custom Objects Build Prototype 2 UAT
Production Readiness Cutover Go Live
Post Production Support
Financials and Procurement Cloud
Define
Design
Develop
Deploy
Transition
Product Quick View Familiarization Workshop Out-of-the-Box (OOTB) Configuration
Delta Requirements System Integration Architecture Build Prototype 1 Develop Custom Objects
Build Prototype 2 UAT
Production Readiness Cutover Go Live
Post Production Support
Financials, Procurement, Projects
Define
Design
Develop
Deploy
Transition
Product Quick View Familiarization Workshop Out-of-the-Box (OOTB) Configuration
Delta Requirements System Integration Architecture Build Prototype 1 Develop Custom Objects
Build Prototype 2 UAT
Production Readiness Cutover Go Live
Post Production Support
Customer 2 Cloud Program
Standards-Based Cloud Integrations
Rapid Start-Up Services
Transformational Incremental
Financial Incentives
Oracle Copyright
Success Stories
Running Hitachi on Oracle
Client Cloud ERP Implementation
Scope: Oracle Cloud ERP Financials (R7)
Modules included:
• General Ledger • Multi-currency • Account Payables • Accounts Receivable
Locations (Phase 1 only):
• North America
• Europe
Custom/ Report Development:
• EFT • Custom Checks
• Custom Invoices • Custom Credit Memos • Custom Balance Sheet
Solution:
Hitachi Consulting leveraged its Rapid Implementation Methodology to complete the project in 13 weeks. Hitachi was able to successfully implement the solution Cloud ERP by:
Chart of Accounts (COA) design completed and signed off in 2 days
Design, build, test efforts were completed in parallel
Met with Oracle Fusion Success Manager and Product development prior to project start
Started production instance setup prior to project start
Blend of onsite and offshore team working in tandem
Business Benefits Realized:
Scalability to support the growing company
Ability to account for Joint Venture transactions for Corporate and Board –level reporting
Company:
World leader in software and hardware technologies in the consumer products industry. Client was using Microsoft Dynamics Great Plains ERP system to execute its finance and accounting transactions. Much of the data entry was done in Excel and then hand-keyed, which was not scalable. Implementing the Cloud Financials has set the stage for migrating the remainder of its core business processes including procurement, inventory, order entry, and external reporting.
Hitachi’s Cloud Assessment
- Review existing Oracle on premise applications and
map to Oracle Cloud Functionality
- Quantify Oracle Customer 2 Cloud ROI
- Develop Business Case
- Cloud readiness review
- Roadmap development
Contact us:
Bill Irwin, VP Oracle Solutions [email protected] Mobile: 201.264.8370 Ryan Goudey, Director of Business Development [email protected] Mobile: 646.734.4621
Reminder..
Please complete the session and overall meeting assessments.
Thank You! Q&A…