oracle retail financial integration 13.2.6
DESCRIPTION
Oracle retail Solutions are fully integrated with Oracle Financial SystemsTRANSCRIPT
Copyright © 2013, Oracle and/or its affiliates. All rights reserved. Proprietary and Confidential 1
Retail Financial Integration
Federman Hoyos
Technology Architect for Retail Applications
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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 decisions. The development, release, and
timing of any features or functionality described for Oracle’s
products remains at the sole discretion of Oracle.
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Program Agenda
Introduction
Evolution of Oracle Retail Financial Integration
Value Proposition
Additional Product Details
Summary
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Introduction to Retail Financial Integration
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Oracle Retail Financial Integration
Oracle Retail Financial Integration automates the financial
control and reporting processes by providing a standard
integration package between the retail merchandising suite and
the financial system of record, thus helping retailers reduce the
time and cost to implement integrated solutions.
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Financial Control & Reporting Business Processes
Processes Enabled Overview
1. Lifecycle Data Management • Maintain Financial Reference Data
• Supplier
• Currency Exchange Rates
• Payment Terms
• Chart of Accounts
2. Enhanced Inventory Valuation • Consolidate stock ledger information
• Bulk data movement for more timely processing
• Visibility from the Accounting System to the transactions / journals
in the Stock Ledger and vice versa
3. Timely Revenue Recognition • Consolidate sales audit information
• Service-based validation of chart of accounts
• Visibility from the Accounting System to the transactions / journals
in Sales Audit and vice versa
4. Streamlined Merchandising
Procure to Pay
• Consolidate Invoice Match information
• Visibility to invoices/debits/credits sent to the Payables System
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Oracle Retail Financial Integration
Lowers the cost and time to integrate retail and financial solutions
– Standard integration package provided by Oracle
– Supported and upgraded over time
Reduced Complexity
– Current technical approach simplifies the flow of integration and the tools
required to support the solution compared to previous approaches
Benefits
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Financial Control: Solution Footprint
• Retail (Merchandising)
• Merchandising System
• Stock Ledger
• Sales Audit
• Invoice Matching
• ERP Financials
• Accounts Payable
• General Ledger
Retail E-Business Suite
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Oracle Retail Financial Integration
Invoice to
Pay
Revenue
Recognition
Inventory
Valuation
Foundation
Data
Retail Merchandising
System
Retail Sales Audit
Retail Invoice Matching
General Ledger
Account Payable
Retail Stock Ledger
GL Chart of Accounts
Currency Exchange Rates
Suppliers, Partners, Addresses
Daily Sales Cash and Deposits
Inventory and Sales Data
Rebates
Debit/Credit Memos & Credit Notes
Matched and Prepaid Invoices
Manually Paid Invoices
Aged Receipts Never Invoiced
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Evolution of Retail Financial Integration
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Retail Financial Integration
V10 & 11 - Field enabled through SI Partners
– Closed, proprietary, and difficult to extend/scale. No upgrade path
V12 - BPEL enabled, direct integration accelerator
– Not scalable, and difficult to upgrade
V13 - AIA PIP using canonical objects, packaged API’s, web services
and ODI
– Complex infrastructure, but extensible, scalable, and upgradeable
V13.2.6 - Direct approach using API’s, web services, and ODI
– Still based on Fusion Middleware
– Simplified message flows, but still extensible, scalable and upgradable
Evolution
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Retail Financial Integration
Previous Versions- Existing AIA PIP packages for Retail Financials
– Removed from Price List, no longer available for sale
– Continued support provided by AIA team for existing customers
– Covered under Lifetime Support Policy
– Oracle still provides other non-retail AIA PIP packages
Current Version- Retail Financial Integration package
– Covered under Oracle Retail Integration Bus license
– Support provided to customers current on maintenance
A New Approach
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Retail Financial Integration
Direct Integration
– Oracle Retail Financial Integration Pack
– Designed to match other Oracle Retail provided integration patterns
Canonical Message Model
– Using AIA Foundation Pack
Customer specific integration
– Per customer, using their preferred integration tools
Summary of Approaches
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Value Proposition
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Retail Financial Integration
Subscripción a eventos • Eventos en EBS son habilitados para que estos
invoquen los servicios de Retail y envié la
información en línea.:
• Supplier Event , Rates, etc
Retail – EBS Transferencia agendada
• Se agenda la ejecución de actualización de datos
como ventas, Recibos, facturas, etc
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Inventory
Valuation
Revenue
Recognition
Invoice to
Pay
ETL – ODI – Bulk Transfer
Foundation
Data
Web Service and Business Event
Retail Financial Integration
Retail Merchandising
System
Retail Sales Audit
Retail Invoice Matching
General Ledger
Account Payable
Retail Stock Ledger
GL Chart of Accounts
Currency Exchange Rates
Suppliers, Partners, Addresses
Daily Sales Cash and Deposits
Inventory and Sales Data
Rebates
Debit/Credit Memos & Credit Notes
Matched and Pre Pay Invoices
Manually Paid Invoices
Aged Receipts Never Invoiced
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Synchronized Foundation Data
Oracle Retail validates each created combination individually
against Oracle GL . If the combination is valid, the
combination is stored in the Oracle retail database tables for
future validation purpose
Validate GL Chart Of Account Entries
Merchandising
(RMS, ReIM, ReSA)
GL
GL Chart of Accounts
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GL Account Validation - Architecture
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Synchronized Foundation Data
Load initial currency exchange rate from Oracle GL to RMS: (DBLINK)
All Historical Current and Future and Incremental Updates
Updates Interval Provided as a parameter
Convert Currency Values
Retail Merchandising
System
GL
GL_DAILY_RATES
Currency Exchange Rates
Business Event Subscriber
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Currency Rate Integration - Architecture
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Synchronized Foundation Data
Initial loading (DBLINK- SQL Scripts)
Incremental synchronization of suppliers’ information between Oracle
Payables and Oracle Retail Merchandising System (RMS)
Updates Interval Provided as a parameter
Supplier Master Sync
Retail Merchandising
System
AP
Supplier, Sites and Contacts
Suppliers, Partners, Addresses AP
Business Event Subscriber
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Supplier Integration - Architecture
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Post Inventory Values and Sales
Posting of accounting entries generated from transactions that
change the value of sellable products at a retailer’s inventory
locations (stores and warehouses)
Inventory value
General Ledger
Retail Stock Ledger
Inventory and Sales Data
Movement Warehouse - Stores
Pricing
Returns
Shrinkage
Stock Counts
Monthly (Summarized no detailed)
Daily by Subclass, Class, Department
Daily by Transaction
GL_Interface table
Journal Import
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Post Inventory Values and Sales
Posting of accounting entries generated from sales and
returns transactions from the retailer’s stores for
revenue and cash reconciliation to the appropriate
ledgers.
Sales – recognition of Revenue
Retail Sales Audit
General Ledger
Daily Sales Cash and Deposits Stores
Sale/Return
Account Segment Combination Transaction type, Business Unit, Location
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Receive and Process Invoices
Post write-offs (aged receipts, not invoiced to ledger) from RMS to
Oracle GL
Post prepaid invoice reversals after receipt from ReIM to Oracle GL
Automate the procure to pay business process
Retail Invoice Matching
General Ledger Manually Paid Invoices
Aged Receipts Never Invoiced
Prepaid Invoice Reversals
RMS
GL_Interface table
Journal Import
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Receive and Process Invoices
Post write-offs (aged receipts, not invoiced to ledger) from RMS to
Oracle GL
Post prepaid invoice reversals after receipt from ReIM to Oracle GL
Automate the procure to pay business process
Retail Invoice Matching
General Ledger Manually Paid Invoices
Aged Receipts Never Invoiced
Prepaid Invoice Reversals
GL_Interface table
Journal Import
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Receive and Process Invoices
Enables posting of matched invoices, matched credit notes, debit and
credit memos, rebates, and unmatched invoices for prepayment from
ReIM to Oracle Payables
Automate the procure to pay business process
Retail Invoice Matching
Account Payable
Rebates
Debit/Credit Memos & Credit Notes
Matched and Prepaid Invoices
AP_INVOICE_LINES_INTERFACE
Payables Open Invoice Import
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Receive and Process Invoices
Automate the procure to pay business process
Retail Invoice Matching
General Ledger
Account Payable
Rebates
Debit/Credit Memos & Credit Notes
Matched and Prepaid Invoices
Manually Paid Invoices
Aged Receipts Never Invoiced
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Bulk Data Sync (ODI) - Architecture
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Business Processes Documentation
Conceptual Flows
Activity Flows
All Financial Control and
Reporting processes
documented in Retail
Reference Model
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Additional Product Details
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Retail Financial Integration – Adapter Manger
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Oracle Retail Financial Integration
Components installed on EBS system
– EBS Business Event handler java components
– Interface tables, setup data, install scripts, etc
Components delivered with RMS/ReIM/ReSA system, PL/SQL
packages and service consumer code
Components installed in an integration layer. EAR file deployed to
WebLogic.
– Ear file, DVM, XREF, setup data, install scripts, etc
– All ETL-ODI projects and flows are part of this BOM
– RetailIntegrationPak13.2.6ForRfi13.2.6_eng_ga.zip
Packaging
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Oracle Retail Financial Integration Database Schemas
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Oracle Retail Financial Integration
Integration Tech Stack
– Oracle Enterprise DB 11g (11.2.0.3)
– WebLogic 11g (10.3.6)
– ODI 11g (11.1.1.6)
Target Application Versions (Tested)
– Oracle E-Business Suite Financials v12.1.3
– Oracle Retail Merchandising System v13.2.6+
– Oracle Retail Invoice Match v13.2.6+
– Oracle Retail Integration Bus v13.2.6+
Technology Stack
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Summary
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Challenges – Capabilities – Value
• Manual, costly process to
pay invoices
• Out of sync foundation
data between systems
• Extended effort and cost to
implement software
systems
CHALLENGES
• Packaged Integration
• Synchronized Foundation
Data
• Receive and Process
Invoices
• Post Inventory Values and
Sales
• Fully Documented
Business Processes
CAPABILITIES
• Less errors through
automated processes
• Lowers the cost and time
to integrate retail and
financial solutions
• Reduced Complexity to
Implement and Maintain
VALUE
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Customers
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Oracle Retail Financial Integration E-Business Suite Financials (GL & AP)
Field Enabled Integration
P2P Supported Integration
AIA/SOA based Integration
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Oracle Retail Financial Integration PeopleSoft Enterprise Financials (GL & AP)
Field Enabled Integration
AIA Process Integration Pack
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Oracle Retail Clients JD Edwards Financials
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Oracle Retail Clients Lawson Financials
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Oracle Retail Clients SAP Financials Examples with Merchandising
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Oracle Retail Clients
SAP Financials (RGBU) JD Edwards Lawson
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To Learn More:
www.oracle.com/retail