omaha rug2012 people soft fms 9 1 overview apr2012
DESCRIPTION
April RUG Presentation -- Oracle Financials 9.1TRANSCRIPT
<Insert Picture Here>
PeopleSoft Financial Management 9.1
Paul Johnson, CPAPrincipal Sales ConsultantAtlanta, GA
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<Insert Picture Here>• Oracle Applications Unlimited
• PeopleSoft Financials 9.1 Overview
– Enhancements to User Interface
– New Financials Feature Highlight
– Value Add Integrations
Today’s Agenda
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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 decisions.The development, release, and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle.
Safe Harbor Statement
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• 3rd Release Since Oracle Acquisition
• 21 New PeopleSoft Solutions
• 1,350 New Features
• 150+ Customers Involved
• 28,000+ Pages Enhanced with Web 2.0 Capabilities
• 300 New Web Services
• 200 Industry Specific Enhancements
Gartner gives PeopleSoft “Strong Positive,” the highest possible ranking, in its report “Market Scope for Core Financial Management Applications.”
Source: Gartner Market Scope For Core Financial Management Applications (2009)
PeopleSoft Release 9.1Value Summary
PeopleSoft 9.1PeopleTools 8.50
2009 2010 2011 2012
PeopleSoft HCM 9.1 Feature Pack1 PeopleTools 8.51
PeopleSoft FMS/SCM 9.1 Feature Pack1 PeopleSoft FMS/SCM 9.1 Feature
Pack2
PeopleSoft 9.2PeopleTools 8.53
Forms & Approval Builder
Company Directory
Mobile Inventory Management
Total Rewards
Embedded Help
1350 New Features added to Release 9.1
PeopleSoft HCM 9.1 Feature Pack2
PeopleTools 8.52
• Off-Cycle Postings • Annual PeopleTools • 3-Year Release Cycle
Applications UnlimitedDelivering Innovation with New Product Releases
Non Exhaustive
XML (BI) PublisherEnable business users to create documents leveraging XML data – maximizing use of Oracle’s leading Technologies
New Web Services & Spreadsheet SupportShare PeopleSoft release 9.1 functionality with other applications – over 1400 Web Services. SS now for GL, Payables, Assets, AR
Business IntelligenceKey Analytics & Reports, Role-Based Dashboards, Actionable Items
User Interface and Navigation optionsMenu Breadcrumbs, Type Ahead or Modal Search, Related Content, Web2.0 Collaboration, iPad accessible
Functions to Increase EfficienciesAccordion Navigation Collections, WorkCenters, Forms Builder, Collaborative Workspaces, Pivot Grids
9.1 Next Generation TechnologiesEnables Users with . . .
More helpful resources can be found on the PeopleSoft Information Portal
Video Feature Overviews
Strategy Blog
Oracle Learning LibraryCumulative Feature Overview Tool
Twitter YouTube
9.0 9.1
Mobile PeopleBooks
Training UPKHosted PeopleBooks
Information Portal
Business Process Maps &Entity Relationship Diagrams
PeopleSoft Informational Resources
Human Capital
Management
Supply Chain Management
Customer RelationshipManagement
Enterprise Service
Automation
Financial Management
PeopleSoftEnterprise
Ass
et
Life
cycl
e
Man
agem
ent
Sharpen Your Competitive AdvantagePeopleSoft 9.1 Release Drivers
"PeopleSoft 9.1 appears to be the culmination of significant development effort by Oracle and illustrates their commitment to PeopleSoft applications.
-- Rebecca Vilsack, Director Information Technology , University of Central Florida
Increase Productivity
Accelerate Business Performance
Lower Cost of Ownership
Improved Usability
Navigation Collection:Accordion Menus
Drag and Drop Portal Pagelet Personalization
Menu Favorites
Recently Used Menus
Navigation Menu Only Appears When Pulled Down
Menu Search
Mouse Over Expansion
Menu Breadcrumbs
Hover Over Tagged Objects Shows Actionable Information
Instant Messaging Presence
Type Ahead Searching
Modal Search Windows
Zoom Grids
Personalize Layout with Drag / Drop
Columns
Click Column Header to Sort
Related Information
• Discussion Forums
Related Information
• Linked Content
Related Information• Embedded
Analytics
Related Information
• Oracle BI Example
Multi-Dimensional Pivot Grids
Drag/Drop Dimensions
Financials 9.1 Overview
Invoice to Pay
Treasury Management
Travel & Expense
ManagementALM
Financial Control & Reporting
Credit toCash
Financials 9.1
Improve Period Close Processing
Maximize Cash
Automate Compliance and Controls
PeopleSoft Financial Management 9.1Achieving World-Class Finance Processes
Invoice to Pay
Treasury Management
Travel & Expense
ManagementALM
Financial Control & Reporting
Credit toCash
Improve Period Close Processing
Automate Compliance and Controls
Greater Financial and Operational Visibility
Financials 9.1
Achieving World-Class Finance ProcessesWhat’s New in Financial Control and Reporting
What’s New in Financial Control and Reporting
Automate Compliance and Controls
• Approval Workflow Engine
• Transaction level security
• Financials Audit Trail
• Simplified Project Costing Integration
• Attach supporting documentation to financial transactions (JE, VCHR, etc.)
Better Manage Funding Levels and Spend
• Enhanced budget maintenance– Account ranges to define
exclusions for budget definition– Copy entire budget definition
setup
• Enhanced spend management–Check only with what-if scenarios–Real Time Checking for HCM–Enhanced tracking for PO closing
entries
Improve Period End Processing
• Exclusion based allocations• Incremental consolidations • Automated AP/EXP Accruals
for non-posted transactions• Improved General Ledger to
subsystem reconciliation• Collaborative Workspaces
What’s New in Financial Control and Reporting
Improve Period End Processing
• Exclusion based allocation rules
– Reduce Rule Sets– Improve performance
Automate Compliance and Controls
Better Manage Funding Levels and Spend
Configurable action items
Route documents to members for
approval
Configurable milestones
Direct access to any page
Centralized discussions and related decisions
What’s New in Financial Control and ReportingCollaborative Workspaces
What’s New in Financial Control and Reporting
Improve Period End Processing
Automate Compliance and Controls
• Approval Workflow Framework, plus . . .
– add comments & attachments
– assign ad hoc approvers
– Setup using Online Pages vs. Application Designer
Better Manage Funding Levels and Spend
General Ledger Journals
Commitment Control Budgets
Payables Vouchers
Billing Credit & Re-Bill
Receivables Write-Offs
What’s New in Financial Control and Reporting
Improve Period End Processing
Automate Compliance and Controls
• Attach supporting documentation to financial transactions . . .
– Journal– Vendor– Voucher– Asset
Better Manage Funding Levels and Spend
Improve Period End Processing
Automate Compliance and Controls
Better Manage Funding Levels and Spend
What’s New in Financial Control and Reporting
• Financials Audit Logging
Invoice to Pay
Treasury Management
Travel & Expense
ManagementALM
Financial Control & Reporting
Credit toCash
Streamline Financial Processing
Automate Compliance and Controls
Maximize Cash
Financials 9.1
Achieving World-Class Finance ProcessesWhat’s New in Invoice to Pay
What’s New in Invoice to Pay
Improve bottom line and efficiently support compliance
Manage costs and reduce liabilities on balance sheet
• Automatic liabilities accrual• Manage historical vendor changes• Improved search criteria• Approval Framework for Vouchers• Enhanced duplicate vendor checking• Attach supporting documents at the
voucher level
• Dynamic discounting enables adhoc discounts
• Support for CXML format for suppliers using standard electronic invoices
• Online 1099 report for suppliers• Support for attachments by supplier at
vendor and location level
What’s New in Invoice to Pay
Improve bottom line and efficiently support compliance
Manage costs and reduce liabilities on balance sheet
Payables Vouchers
General Ledger Journals
Commitment Control Budgets
Billing Credit & Re-Bill
Receivables Write-Offs
• Approval Workflow Framework, plus . . .
– add comments & attachments
– assign ad hoc approvers
– Setup using Online Pages vs. Application Designer
What’s New in Invoice to Pay
Improve bottom line and efficiently support compliance
Manage costs and reduce liabilities on balance sheet
• Automatic Liabilities Accrual
– Activate at BU level
– Define Transaction Rules
– Run Accrual Build
– Systems generates the Accrual and Reversal Entries
– Run Journal Generator
What’s New in Invoice to Pay: eSettlements
Manage costs and reduce liabilities on balance sheet
• Dynamic discounting enables adhoc discounts proposed by Vendor or Buyer
• Support for CXML format for suppliers using standard electronic invoices
Improve bottom line and efficiently support compliance
Selection Criteria
Provides ability to create a proposal to facilitate the reach of
the working capital needed
• Online 1099 report for suppliers• Support for attachments by supplier at
vendor and location level
Comprehensive summary of the working Capital
Invoice to Pay
Treasury Management
Travel & Expense
ManagementALM
Financial Control & Reporting
Credit toCash
Streamline Financial Processing
Global Compliance and Controls
Maximize Cash
Financials 9.1
Achieving World-Class Finance ProcessesWhat’s New in Credit-to-Cash
What’s New in Credit to Cash
Improve Collections & Decrease DSO
Streamline Processes & Automate Compliance
• Simplified Bill Entry UI
• Workflow work for credit and rebill
• Email invoice image as an attachment to customers
• Calculate taxes on free items
Improve Cash Flow
• Credit and Collections Workbench
• Multi Level customer hierarchy• Enhanced Payment Worksheet• Track promises to pay• Zero dollar pre-note for direct
debits• VAT for AR-Prepaids• Workflow for AR Write-Off
• Enhanced payment options– Partially pay items with
Direct Debit
– Apply Debits and Credits for a Direct Debit payment
– Schedule future payments
– Save Payment Cart for future
– Render statement image
What’s New in Credit to Cash
Improve Collections & Decrease DSO
Streamline Processes & Automate Compliance Improve Cash Flow
• Credit and Collections Workbench
– Consolidated Information– Online Action List– Detail Drilldown
• Work Areas– Payments– Correspondence– Agings– Credit Profile– Conversations
• Customer Hierarchy
Break-down outstanding
balances
View complete customer hierarchy
Work areas
Configurable Action List
Invoice to Pay
Treasury Management
Travel & Expense
ManagementALM
Financial Control & Reporting
Credit toCash
Maximize Cash
Automate Compliance and Controls
Greater Global Cash Visibility
Financials 9.1
Achieving World-Class Finance ProcessesWhat’s New in ALM / ESA (Assets and Expenses)
What’s New in Asset Management
• Capitalization thresholds
• Leased Asset Payments - integration to Accounts Payable
• Retirement options configured at the asset book, asset profile, and asset ID levels
• Transfers across business units with different currency codes
• Facilitate the administration of investment properties (IAS 40)
• Fair value calculations in accordance with FAS 157
• Bonus Depreciation – American Recovery and Reinvestment Act of 2009
• Depreciation method for Japanese Tax Reform
• New Financials Audit Framework criteria
Enforce Fiscal Discipline and Compliance Insight
Greater control over largest indirect cost
Oracle iReceipts - Innovative technology with PeopleSoft Expenses
• Manage cash expenses
at your convenience• Promptly submit cash
receipt line items with seamless integration
• Receive real-time status updates of submitted cash transactions
• Automatically tag transactions with user’s location using GPS technology
• Capture receipt images with the iPhone Camera
• New set of reports to manage spend• Assess risk of non-compliance• Expense report approval via email• Automatic accrual of expense reports &
cash advances• Limit access with New Privilege Templates• Level Three itemization for Hotel
Expenses (with Visa Cards)• Automatic Credit Card Updates
320 x 480Vertical Resolution
Carrier 12:34 PM
Web Page Title
http://host.domain.tld
What’s New in Travel and Expense
Invoice to Pay
Treasury Management
Travel & Expense
ManagementALM
Financial Control & Reporting
Credit toCash
Enforce Fiscal Discipline & Compliance
Manage Operational Assets and Facilities
Financials 9.1
Achieving World-Class Finance ProcessesWhat’s New in Treasury Management
What’s New in Cash and Treasury Management
Greater Global Cash Visibility
• Treasury Dashboards
• Cash sweep
• Improved Bi-lateral Netting
• Support for SEPA (SEPA Credit and Direct Debits Transfers, Exception Handling Process)
• Payment layout catalogue expansion
• Flexible Remittance Advice
• Cancellation of Payment Request via Flat File
• Book to bank reconciliation to include transactions from Expenses through Payables
Value Add Integrations
UPK
GRC Applications
Business Intelligence
UPK
Hyperion EPM
Hyperion Disclosure Mgt (XBRL)
Oracle Retail
Customer Care & Billing (utilities)
GRC
Business Intelligence
UPK
I/PM Integration
Business Intelligence
UPK
Business Intelligence
UPK
Invoice to Pay
Treasury Management
Travel & Expense
ManagementESA/ALM
Financial Control & Reporting
Credit toCash
Financials 9.1
Business Intelligence
UPK
I/PM Integration
Oracle Retail
Upgrading to PeopleSoft 9.1?Take Advantage of Oracle Provided Integrations
Q&A
Thank You!