oracle consulting company | oracle cloud migration - belfor ......strategy behind the cloud move •...
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Belfor Case: Redesign your Reporting and Chart of Accounts in the Cloud while utilizing current On Premise Financials
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Today’s Presenter
Erika Swinburne
Senior Project Manager
CSS International, Inc.
• Based in Dallas, TX
• Over 18 years of Oracle Applications experience
CSS International, Inc.
Leading Oracle Cloud ERP and authorized Cloud Go-TO Partner
Oracle-only firm
7X Oracle Excellence Award Winner across Industry and Application
Oracle Cloud, Platinum and Specialized Partner
Oracle Cloud Marketplace Partner Cloud EPM (Planning and Budgeting)
Cloud ERP Cloud PLM Innovation Management)
Cloud Integration to JDE and EBSHighly referenceable Cloud
Implementations
Cloud Procurement Specialists Cloud fixed-scope offerings
Cloud PPM (Projects) Specialists Cloud roadmap for JDE, EBS, Peoplesoft
CSS by Application Focus
Cloud ERP
Oracle E-Business Suite
JD Edwards
Supply Chain Management
Cloud Technology
PLATINUM SPONSOR
Cloud En te rp r i se App l i ca t ions
Trends and Approaches
Cloud ERP
Oracle E-Business Suite
Supply Chain Management
Cloud Technology (PaaS)
Cloud SaaS Benefits
Rapid Upgrades
Lower S
tart U
p C
osts
Available Anytime/Anywhere
Hig
h A
dop
tion
39%
A Path That Works For You
Reports
General
Ledger
39%
Complete Financials
General Ledger Accounts PayablePayments &Collections Asset Management
Accounts ReceivableCash & Expense
Management Common Modules Reporting & Analytics
Solution Review
Belfor Case Study
Solution
Oracle Cloud Financials Consolidation and Reporting
Challenge
Consolidate JD Edwards and HFM disparate Chart of Accounts in CloudERP
Result
Successful consolidation enabling Company wide reporting
Overview
Client Profile
• $>1 Billion property restoration firm
• 6,000 Employees
• Needed a formal solution to consolidate
US and European systems with
consolidated Financial Reporting
• Selected Oracle Cloud Financials
• Selected CSS for implementation
Strategy Behind the Cloud Move
• SaaS looked to be the Future Direction for Oracle Enterprise Applications – Technology
investments in Cloud ERP made by Oracle will lead to rapid delivery of enhanced
solutions
• High Adoption through Multiple Rapid Deployment Options – Technology features such as
modern mobile applications, intuitive User Interfaces and application functionality such as
OTBI; which are available out of the box, will drive business improvement on a
accelerated scale
• Cloud Model allows Paced Uptake for the Global Strategy – World Fuel has made the
decision to move E-Business Suite ERP functionality entirely to Cloud. The Cloud ERP
solution allows World Fuel Services to mitigate risk by implementing components of
functionality at the right pace
Objective & Cloud Solution
• Implement global chart of
accounts
• Map Chart of Accounts to
single structure
• Enable future state
migration to Cloud ERP
• Utilize Cloud Financial
Dashboards
• Build consolidated
Financial Reports
Supplier Portal
Sourcing & Contracts
• 5 US Entities
• 5 US ChartsJDEdwards
US Ledger
• 1 Euro Entity
• Euro Chart
HFM
European
Ledger
Consolidation
and Mapping
Consolidated
Financial
Reporting
Oracle
Cloud
GL Mapping
Cloud Financial Applications
Chart Challenges
Aging or Disparate Chart Challenges
Segment
Maximum
Length
Need
Addition
Multiple
uses in
segment
Multiple
charts in
company
Need
Subtraction
Global
Chart of
Account
Segment
Maximum
Mapping in the Cloud
Mapping in the Cloud
Integration Tools
� AFDI – Desktop integration – XLS templates
� FBDI – Filed Based Import
� ADF Services – ADF Webservices
� Reporting Tools – Extract Data with BI Tools
Mapping Enables view of consolidated Chart
• 5 US Entities
• 5 US ChartsJDEdwards
US Ledger
• 1 Euro Entity
• Euro Chart
HFM
European
Ledger
Consolidation
and Mapping
Consolidated
Financial
Reporting
Oracle
Cloud
GL Mapping
Enable Multiple Hierarchies
Flexible
Flexible Chart of Accounts
30Up to
Segments Unlimited Reporting
Hierarchies & Versioning
NonTrial Balance
Accounts
4
Headcount
Flexible Hierarchies
3000 3100 3110 3111
3200
3300 3310
3350
3370
3311
3312
3315
3220
3250
31153150
3180
Level 1 Level 2 Level 3 Level 4
Lower Level ParentsTop Level
Parent
ParentParent
ChildChild
Key
Flexible Hierarchies
3000 3100 3110 3111
3200
3300 3310
3350
3370
3311
3312
3315
3220
3250
31153150
3180
Level 1 Level 2 Level 3 Level 4
Lower Level ParentsTop Level
Parent
ParentParent
ChildChild
Key
3317
Utilize Cloud Reporting
Visibility
Role Based Dashboards
Benefits• View a snapshot of your GL and
cash balances from a single page
• Quickly access and take action on key transaction data
• Drill down to underlying transactions for further analysis
• Resolve exceptions and expedite processing
Financial Reporting Center
Account Group and
Sunburst
OTBI Dashboard
FR Studio Reports
OTBI Analysis
BI Publisher
FRS - Financial Reports
Boardroom quality management reports
Interactive data
selection
Real-time and
drilldown
Social collaboration and
commentary
Smartview – Spreadsheet Integration
Work with familiar tools
Real-time integration to GL balances
Drag-and-drop data selection
Drilldown to details
OTBI - Operational Reporting
Real-time ad-hoc reporting
Cross related business processes/ workflows
Design content without IT help
Robust Reporting Platform
� Obtain real-time updates to multi-dimensional balances that are embedded in GL’s hyper ledger architecture
� Deliver continuous insight to decision makers with self-service reporting and analysis against real-time accounting information
� Drill into any level of detail from anywhere
� Analyze past, present or future performance with date-effective hierarchies
Financial Reporting Center
(Board quality
financial statements)
AP AR FASubledgersSubledgers INV Others
OTBI
(Ad hoc
transactional queries)
Smart View
(Spreadsheet-based
ledger queries)
General LedgerGeneral Ledger
Multi-Dimensional Balances
Questions
