Oracle E-Business Suite What

1
Oracle E-Business SuiteWhats New in Financials
Release 12

• Sue Guggenberger
• Sales Consultant

2
Todays Quiz
What percent of companies have

Implemented standard processes across the enterprise? 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

Rationalized finance platforms? 7 17 27
Source The Agile CFO, IBM Business Consulting
Services
3
Finance PerformanceSuffering from Lack of
Standardization

• HOW FINANCE SPENDS ITS TIME
• Nearly 50 on routine work

AREAS THAT FINANCE NEEDS TO IMPROVE AREAS THAT FINANCE NEEDS TO IMPROVE
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

26
47
27
The Agile CFO, IBM Business Consulting Services,
2005
Corporate Finance Departments Leaving Money on
the Table , PWC Management Barometer, 2006
4
Agenda

• Whats on the mind of the CFO?
• How can Financials Release 12 help?
• Why Upgrade?

5
Todays CFO Agenda
GLOBALIZATION Todays workforce, customers, suppliers, and competitors have all become global COMPLEXITY AND COSTS Globalization brings complexity with it, and unnecessary complexity drives up costs
INNOVATION AND GROWTH Not just any growth, but growth that creates value GOVERNANCE, RISK COMPLIANCE Companies are under pressure to do more than just meet the letter of the law
6
Globalization Adds Complexity
EXTENT TO WHICH VALUE CREATING ACTIVITIES
INCREASE COMPLEXITY
77 of global CEOs say the level of complexity in
their organizations is higher than 3 years ago
Some Extent
Large Extent
Very Large Extent
Percent
Source PWC, 9th Annual Global CEO Survey
7
Complexity Drives Up Costs

• Fragmented systems
• Varied policies, processes, controls, and systems
• Manual processes

Costs

• Consolidated systems
• Standard policies, processes, controls and
  systems
• Automated and best practice processes

Complexity
8
Back to the BasicsConsolidate, Centralize, and
Standardize
Major Focus
STANDARDIZING operating practices and controls 69
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
Reducing reliance on spreadsheets 33
50 Senior executives say simplification is
driving the Finance agenda
Source PWC Management Barometer
9
ltInsert Picture Heregt
Anthony Salcido VP and Corporate Controller,
Toyota Motor Sales USA
Weve provided corporate assurance from a
controllership perspective by centralizing our
foundational accounting activities, defining our
corporate policies and procedures, and
standardizing our processes.
10
How Oracle Financials Can HelpThe Worlds Most
Flexible and Complete Solution
GLOBALIZATION Work across applications, divisions and regions Achieve global view of customer, supplier, partner and operations Manage global applications easier COMPLEXITY AND COSTS Quickly integrate new businesses Support growth at lower cost Meet varied reporting standards
INNOVATION AND GROWTH Adapt to business change Make the right investments Drive performance GOVERNANCE, RISK COMPLIANCE Control costs and risks Protect your resources Enforce accountability
11
How Oracle Financials Can HelpThe Worlds Most
Flexible and Complete Solution
GLOBALIZATION Work across applications, divisions and regions Achieve global view of customer, supplier, partner and operations Manage global applications easier COMPLEXITY AND COSTS Quickly integrate new businesses Support growth at lower cost Meet varied reporting standards
INNOVATION AND GROWTH Adapt to business change Make the right investments Drive performance GOVERNANCE, RISK COMPLIANCE Control costs and risks Protect your resources Enforce accountability
12
How Oracle Financials Can HelpThe Worlds Most
Flexible and Complete Solution
GLOBALIZATION Work across applications, divisions and regions Achieve global view of customer, supplier, partner and operations Manage global applications easier COMPLEXITY AND COSTS Quickly integrate new businesses Support growth at lower cost Meet varied reporting standards
INNOVATION AND GROWTH Adapt to business change Make the right investments Drive performance GOVERNANCE, RISK COMPLIANCE Control costs and risks Protect your resources Enforce accountability
13
How Oracle Financials Can HelpThe Worlds Most
Flexible and Complete Solution
GLOBALIZATION Work across applications, divisions and regions Achieve global view of customer, supplier, partner and operations Manage global applications easier COMPLEXITY AND COSTS Quickly integrate new businesses Support growth at lower cost Meet varied reporting standards
INNOVATION AND GROWTH Adapt to business change Make the right investments Drive performance GOVERNANCE, RISK COMPLIANCE Control costs and risks Protect your resources Enforce accountability
14
How Oracle Financials Can HelpThe Worlds Most
Flexible and Complete Solution
GLOBALIZATION Work across applications, divisions and regions Achieve global view of customer, supplier, partner and operations Manage global applications easier COMPLEXITY AND COSTS Quickly integrate new businesses Support growth at lower cost Meet varied reporting standards
INNOVATION AND GROWTH Adapt to business change Make the right investments Drive performance GOVERNANCE, RISK COMPLIANCE Control costs and risks Protect your resources Enforce accountability
15
Agenda

• Whats on the mind of the CFO?
• How can Financials Release 12 help?
• Why Upgrade?

16
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 Oracles
products remains at the sole discretion of Oracle.
17
Financials Release 12 The Global Business Release
WORK GLOBALLY To Be More Competitive
THINK GLOBALLY To Make the Right Decisions
MANAGE GLOBALLY To Lower Cost Increase
Performance
Work better across applications, divisions, and
regions
Achieve global view of customer, supplier,
partner operations
Implement, manage, and scale global applications
easier

• Integration with core industry applications
• Self-service report formats and publication
• Superior ownership experience

• Flexible, centralized, global accounting
  structure
• 300 enhancements to best practice business
  processes
• Comprehensive governance, risk and compliance
  platform

• Truly integrated performance management
• Real-time profitability analysis
• Unified financial and operational analytic
  applications

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WORK Globally
19
Global ArchitectureMore Control, Greater
Flexibility, Lower Costs
2
1
MULTIPLE LEDGERS
Centralized Architecture
LEGAL ENTITY
3rd Party Systems
2.1
General Ledger
ACCOUNTING
2.2
2.3
BANK MODEL
Centralized Accounting Model, Rules, Engine and
Repository
2.4
TAX ENGINE
INTERCOMPANY
2.5
Intercompany Accounting
Banking
Global Tax
Legal Entity
3
E-Business Suite
ROLE BASED ACCESS to Operating Units
3rd Party Systems
Projects
Receivables
Inventory
Payables
Work in Process
Purchasing
20
Multiple Ledgers More Efficient Period-end
Processing
Ledger Set

• Ledger Set Benefits
• Cross/Multiple Ledger processing and reporting
• Data and definitions that can be shared and
  secured
• Native support for multiple accounting
  representations

Reporting Currency
21
Get the Legal Entity Right Compliance falls into
place
2.1
Why We Care

• LEs pay the taxes
• Need tax registrations
• Trade between LEs
• Need intercompany
• LEs own the money and bank accounts
• LEs file the accounts
• Takes care of accounting

22
Centralized Legal Entity ManagementEasier
Compliance for Complex Structures
2.1

• Registered Company Requirements
• 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.

PublicCompany
SubsidiaryCompany(regional parent)
SubsidiaryCompany(business parent)
PublicCompany
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
SubsidiaryCompany
Legal entities (parent and subsidiary) Group
structure
23
Centralized Accounting PoliciesGreater Control,
Transparency and Auditability
2.2

• Internal control and compliance with multiple
  accounting policies through user-defined
  accounting rules
• Single source of truth for all subsystem
  accounting activity with a common data model and
  repository
• Accounting, reconciliation and reporting
  facilitated by centralized data model
• Streamline closing process with common posting
  engine
• Auditable and transparent entries accessible with
  full drilldown

3rd Party Systems
General Ledger
Centralized Accounting Model, Rules, Engine and
Repository
Intercompany Accounting
Banking
Global Tax
Legal Entity
E-Business Suite
3rd Party Systems
Projects
Receivables
Inventory
Payables
Work in Process
Purchasing
24
Multiple Accounting RepresentationsParallel
Financial Reporting

2.2
Ledger A
Ledger B
French Rules Plan Comptable French Calendar EUR
US GAAPUS COA US Calendar EUR
Dr
Cr
Centralized Accounting
Single business transaction can create
multiple accounting representations and in
multiple currencies
Payables Invoice
25
Centralized Banking and PaymentsFunds
Disbursements and Capture
2.3

• Bank account is now associated with LE entity
  rather than Operating Unit
• Single bank account serves multiple Operating
  Units
• Any and all Operating Units associated with a
  ledger can be permitted to use the bank account

LE
OU A
OU B
OU C
Plus
Receivables

• Centralized Credit Card Model
• Credit Card Encryption
• Supplier Customer Banks in TCA

Payables
Purchasing
Assets
Work in Process
E-Business Suite
26
Example Shared Service Disbursement
OU A
OU B
Centralized Accounting
Single Payment Instruction
OU C
Bank
Payments

1. Setup accounting policies
2. Select invoices from multiple OUs
3. Format for bank and disbursement countries
4. Send single instruction to bank
5. Generate separate payments for each OU

Invoices
27
Centralized Global TaxLess Complex Global Tax
Compliance
2.4
Benefits
Solution
Operational Efficiency

• Automated processing based on predefined tax
  rules
• 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

Information Visibility

• Tax reporting ledger provides single source of
  the truth and complete auditability
• Configurable tax reporting templates
• Tax simulator for setup, rules, and transactions

28
Oracle eBusiness Tax Processing taxes for
transactions and reporting
Transactions

29
Centralized Intercompany Faster Period-End Close
2.5
Advanced GlobalIntercompanySystem
SubledgerInvoices Documents
Manual Entry
Open Interfaces / API

• Generate subledger invoices
• Control transaction entry with Intercompany
  Calendar
• Fully Configurable Approval Rules
• Centrally defined Intercompany Accounts
• Transaction-level balancing

Online Reconciliation Reporting
Excel(Web ADI)
XML Publisher Reports
Dr
Cr
Subledger Accounting
General Ledger
Receivables
Payables
30
Role-Based AccessMore Productive Shared Services
Operations
3
Perform multiple tasks across operating units
without changing responsibilities
Holland Legal Entity
Denmark Legal Entity
Belgium Legal Entity

• Functional Tasks
• Accounting
• Billing, Dunning Collections
• Procurement
• Order Management
• Payments
• Data Management

Single Responsibility
Denmark Operating Unit
Belgium Operating Unit
Holland Operating Unit
Responsibility
Responsibility
Responsibility
Responsibility
Responsibility
Responsibility
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Governance, Risk and Compliance
32
Global Compliance and ReportingIntegrated
Financial Reporting Compliance Mgmt
Financial Consolidation Hub
New in FCH

• Monitor consolidation process and certification
  status
• Drill-back to certification status in ICM
• Spreadsheet drill-back to source transactions
• Dynamic spreadsheet-based statutory and mgmt
  reporting

Governance, Risk Compliance
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
33
Global Visibility and IntegrationFinancial
Consolidation Hub
One-Touch Consolidation
Data Transformation Validation
Oracle EBS
Results Auditing
PeopleSoft E
Operating Balances
FinancialConsolidation
Report Generation
JD Edwards E1
SAP
Multi-Dimensional Analysis
Legacy Apps
ComplianceCertification
34
Financial Consolidation Hub Spreadsheet
Reporting with Live Drill
Interactive spreadsheet with live drill to
transactions
35
Oracle Governance, Risk, and Compliance
36
Oracle Governance, Risk, and ComplianceBest-in-Cl
ass Infrastructure Automates Enforcement
Insight
Processes

• Ensure information reliability with content
  security, records retention, and identity
  management
• Protect information assets across the entire
  technology stack
• Enforce best-practice segregation of duties,
  configuration and change management procedures

Risk Compliance Mgmt Controls Management
Policy Mgmt Industry Specific
Risk Control Intelligence
Applications
Oracle SAP Custom Legacy Other
Operational Intelligence
Infrastructure Services
Content Mgmt
Identity Mgmt
Change Mgmt
Data Security
Data Audit
Performance Management
Repository
37
Oracle Governance, Risk, and ComplianceComprehens
ive Applications Control Costs and Risks

• Standardize onbest-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

38
Oracle Governance, Risk, and ComplianceIntegrated
Business Insight Ensures Accountability

• Improve governance with timely compliance, risk,
  and performance management info
• Provide evidence of IT and business process
  control withauditor-ready reporting
• Optimize business performance through risk-aware
  strategic planning

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THINK Globally
40
Truly Integrated CPM Applications

• Make timely decisions with integrated information
  systems
• Target information delivery with role-based
  dashboards
• Protect organizational integrity with secure
  information delivery

ProfitabilityAnalysis
Consolidation Compliance
Forecasting Modeling
Portfolio Analysis
OperationalReporting
PerformanceScorecards
Network Optimization
Inventory Optimization
Transaction Processing
Financials, Supply Chain, Projects,PLM, Sales
Marketing, HR, Service
41
Oracle BI Foundation
Comprehensive

• Integrated BI platform broad range of BI
  applications
• Powerful OLAP, Speed of thought response
• Broadest spectrum of BI functionality

Hot Pluggable

• Heterogeneous ERP, CRM, DW, OLTP systems
• Heterogeneous database technologies
• Heterogeneous middleware, ETL, BI tools

Pervasive

• User self-service with superior tools
• Multi-channel information access delivery
• Consistent, accurate information from Common
  Enterprise Information Model

42
The Best of Both Worlds
Advanced BI Server
Hyperion
Best In Class PM Applications
Enterprise Information Model
Flexible Information Access
Comprehensive BI Applications
Market Leading OLAP
Oracle
43
Integrated, Open, Best of Breed
Advanced BI Server
Advanced BI Server
Hyperion
Best In Class FPM Applications
Best In Class PM Applications
Enterprise Information Model
Enterprise Information Model
Flexible Information Access
Flexible Information Access
Comprehensive BI Applications
Comprehensive BI Applications
Market Leading OLAP
Market Leading OLAP
Oracle
44
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MANAGE Globally
45
Comprehensive Integration Repository
A Catalog of All EBS Integration Points

• Enable key integration types
• Business to Business
• Enterprise Application Integration
• Business Process Management
• Business Activity Monitoring
• Support industry-standard messages
• Support standards-basedXML documents
• Search and view available interfaces via powerful
  UI
• Automatically keep in step with source code via
  standard patching

• Web Services
• Public Java PL/SQL APIs

• Business Events
• Batch Interfaces

46
Comprehensive Integration Repository
A Catalog of All EBS Integration Points

• Enable key integration types
• Business to Business
• Enterprise Application Integration
• Business Process Management
• Business Activity Monitoring
• Support industry-standard messages
• Support standards-basedXML documents
• Search and view available interfaces via powerful
  UI
• Automatically keep in step with source code via
  standard patching

• Web Services
• Public Java PL/SQL APIs

• Business Events
• Batch Interfaces

47
Integration with Core ApplicationsOracle Retek
Integration with BPEL

• Lower cost integration between disparate systems
• Better performance with integrated business flows
  across applications

Accounts Payable
Merchandising
Inbound Retek Data

• Matched invoices
• Credit notes
• Debit memos
• Rebates

• Daily sales
• Cash and deposits
• Inventory
• Sales data

Invoice Matching
General Ledger
E-Business Financials
Accounts Receivable
Sales Audit
Outbound Financials Data

• Payment terms
• GL accounts
• Currency rates

• Suppliers
• Partners
• Addresses
• Freight terms

Cash Management
Stock Ledger
48
Data ManagementLeveraging centralized data model
Global Tax
Payments
Cash Management
Payables
Authorities, Geographies, etc.
Party Information
Purchasing
Banks and Branches
Suppliers
Trading Community Architecture
Oracle Fusion Middleware
ERP
CRM
3rd Party
49
Self-Service ReportingXML Publisher
Benefits
Reporting Evolution

• 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

• 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

Oracles 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
50
Superior Ownership Experience11i 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
51
Superior Ownership Experience Single Page for
Accounting Setup

• Legal Entities
• Ledgers
• Currencies
• BalancingSegments
• SubledgerAccounting
• Operating Units
• BalancingOptions

52
Superior Ownership ExperienceBetter Upgrades
Continuity and Choice

• Uptake new features at your pace

• Run your business the same way

• Minimize manual work

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 Fusionmaximizing
business value while mitigating risk.
-- Sean Malinski, Accenture Partner, Global
Business Solutions - Oracle Practice
53
Enhanced Industry Support
Manufacturing Asset Intensive Service Public Services
Regulatory compliance for clinical trials and 21 CFR Part II Common asset repository Enhanced fleet asset management Support for 21 CFR Part II Enhanced budgeting and forecasting Financials and Retek Merchandising integration Financial Services Accounting Hub Centralized and configurable budgetary control and accounting Enhanced shared services
54
Agenda

• Whats on the mind of the CFO?
• How can Financials Release 12 help?
• Why Upgrade?

55
Why UpgradeStraight 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.
56
Why UpgradeStraight 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 12from 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
57
Why UpgradeStraight 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 12from 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
58
Why UpgradeStraight 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 12from 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
59
Why UpgradeStraight 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 12from 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
60
Why UpgradeMultinational Customers

• Manage complexity at lower cost
• Comply with international regulations and
  standards
• Reduce upgrade risk

61
Why UpgradeDomestic Customers

• Lower TCO
• Improve user experience
• Reduce upgrade risk

62
Financials Release 12The Global Business Release
WORK GLOBALLY To Be More Competitive
THINK GLOBALLY To Make the Right Decisions
MANAGE GLOBALLY To Lower Cost Increase
Performance
Work better across applications, divisions, and
regions
Achieve global view of customer, supplier,
partner operations
Implement, manage, and scale global applications
easier

• Integration with core industry applications
• Self-service report formats and publication
• Superior ownership experience

• Flexible, centralized, global accounting
  structure
• 300 enhancements to best practice business
  processes
• Comprehensive governance, risk and compliance
  platform

• Truly integrated performance management
• Real-time profitability analysis
• Unified financial and operational analytic
  applications

63
Overall Business Benefits

• Faster, simpler period end processing
• Centralized and standardized key business
  functions
• More productive shared services operations

64
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65
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Appendix300 New Features
66
New in Financial Control ReportingHighly
automated financials processing drives
efficiencies

• Centralized accounting setup
• Streamlined multiple ledger processing and
  reporting
• Parallel financial reporting
• Automatic reporting currency conversion
• Replacement for disabled accounts

EFFICIENCY

• Data security across legal entities, ledgers or
  balancing segment values
• Control Accounts

FLEXIBILITY

• Accounting and reporting sequencing
• Journal line reconciliation

AUDITABILITY
67
New in Procure-to-PayIntegrated Suite Optimizes
Working Capital

• Document line level entry and approval
• Non-PO invoice accounting entry by approvers
• Invoice dispute management
• Real-time status of purchasing contract TCs and
  invoicing activity in Oracle Payables and
  Purchasing

PRODUCTIVITY

• 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

INTEGRATION
68
New in Credit-to-CashAccelerate 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

INDUSTRY SUPPORT
69
New in Cash and TreasuryOptimize Cash and
Treasury Operations

• Centralized and consolidated bank model
• Single bank account shared by multiple
  organizations
• Bank account transfers directly in Cash
  Management
• Funds optimization with cash pooling and zero
  balancing

EFFICIENCY

• 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

FLEXIBILITY
70
New in Asset ManagementMaximize return on assets

• Automate legacy asset conversion with enhanced
  preparation of Mass Additions

EFFICIENCY

• Perform rollback on select assets with Automatic
  Depreciation Rollback

PERFORMANCE

• Group Assets to include Units of Production
  method
• Energy straight-line depreciation method
• Asset impairment of a producing asset

INDUSTRY SUPPORT
71
New in Travel ExpenseLower the total cost of
travel and expense

• CONUS and OCONUS global per diem rates
• Per diem and policy schedules

LOWER COSTS

• 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

PRODUCTIVITY