FINANCIALS CLOUD. Justin Ossola Financial Solutions Consultant Oracle Applications Copyright 2013, Oracle and/or its affiliates. All rights reserved.

Transcription

1 FINANCIALS CLOUD 1 Justin Ossola Financial Solutions Consultant Oracle Applications

2 Solutions Consultant ERP/Financials Cloud U.S. Naval Academy (BS); Georgetown University (MBA) ERP Implementation Experience 2

3 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. 3

4 Agenda Quick Product Overview Coexistence Solutions Roadmap Demo 4

6 FINANCIALS CLOUD Why? 6

7 Empower Modern Finance Transforming How Businesses Create Value CLOUD SERVICES MOBILE SOCIAL BUSINESS ACTIONABLE INSIGHT MODERN USER INTERFACE 76% of CFOs see cloud computing as important to success within next months $1+ trillion in mobile ecommerce revenue by 2017 $29+ billion in social media revenue by 2015 Ranked by CFOs as highest priority for 2012 top technology initiatives 48% of CFOs say their IT systems are out-of-date and inflexible in

8 Empower Modern Finance Transforming How Businesses Create Value CLOUD SERVICES MOBILE SOCIAL BUSINESS ACTIONABLE INSIGHT MODERN USER INTERFACE 76% of CFOs see cloud computing as important to success within next months $1+ trillion in mobile ecommerce revenue by 2017 $29+ billion in social media revenue by 2015 Ranked by CFOs as highest priority for 2012 top technology initiatives 48% of CFOs say their IT systems are out-of-date and inflexible in

9 Oracle ERP Cloud Enterprise Resource Planning Enterprise-grade cloud The only true global financial cloud solution Best-in-class controls and compliance Co-exist with both cloud and on-premise applications 9 Copyright Copyright 2013, Oracle 2012, Oracle and/or and/or its affiliates. All rights reserved. its affiliates. All rights reserved.

10 Empower Modern Finance Transforming How Businesses Create Value CLOUD SERVICES 76% of CFOs see cloud computing as important to success within next months MOBILE $1+ trillion in mobile ecommerce revenue by 2017 SOCIAL BUSINESS $29+ billion in social media revenue by 2015 ACTIONABLE INSIGHT Ranked by CFOs as highest priority for 2012 top technology initiatives MODERN USER INTERFACE 48% of CFOs say their IT systems are out-of-date and inflexible in

11 Mobile Expenses Quick entry for on-the-go workforce Easy sync with Fusion Expenses Voice capture to record expenses Photo capture to scan receipts Location based on GPS location Smart integration with contacts and calendar 11

14 Reporting and Analytics Payables Board Quality Financial Statements Receivables Assets Spreadsheet Analysis Inventory Others Real-time Operational Reporting 14

16 Dashboards Instant access to upto-date information and analysis Watchlist of tasks awaiting action Embedded social collaboration to resolve issues faster WHAT I NEED TO KNOW. WHAT I NEED TO DO. WHO CAN HELP ME. 19

19 22

20 Definition of Coexistence 23

21 Coexistence: Mobile Expenses App Automate and mobilize your travel spend management Enter, submit, view, and approve expenses Enter expenses, including project related expenses Multiple expense entry options Completely Integrated Quick and intuitive entry for an on-the-go workforce 24

22 Coexistence: Fusion Accounting Hub Real-time multi-dimensional reporting / analytics for your existing General Ledger Dashboards Self-Service Mobile Reporting Multi-Dimensional Analytics Spreadsheet Integration Balances Reference data synchronization Drilldown OTHER SOURCES 25

23 Coexistence: Simplified Revenue Compliance Automate complex IFRS and VSOE revenue recognition requirements Centralized Dashboard Automated Compliance Actionable Analytics and Reporting Spreadsheet Integration Revenue Sources Reference data Revenue accounting OTHER SOURCES 26

24 Introducing Fusion Revenue Management Addressing Key Challenges for Revenue Managers AUTOMATION Automation of contract identification, fair value price and compliance adjustments ACCURACY Centralized repository for reporting and accounting COMPLIANCE Audit trails and approvals ensure accurate revenue processing 27

25 Coexistence: Cloud Financial Reporting Real-time financial analysis for your existing General Ledger Self-Service FinancialReporting Multi-Dimensional Analytics Balances Drilldown Spreadsheet Integration 28

26 Coexistence: Project Portfolio Management Cloud Cost Management & Control Budgeting & Forecasting Billing & Revenue Management Project Management & Scheduling Task Management Improve Project Profitability Resource Management Project Visualization Contract Management Social Mobile Integration Accelerate Project Delivery Analytics Insight & Performance 29

27 Coexistence: Modern Integrated Procure-to-Pay Comprehensive end-to-end procurement and payables Sourcing Supplier Portal Self-Service Procurement Purchasing Automated Invoice Imaging Payables OTHER SOURCES 30

30 Oracle Applications: Current Release and Roadmap Oracle Financials Release 8 Q Current Release +1 Current Release +2 Future Directions Post 12 month planning cycle Financial Management Supporting References Enhancements Cross Ledger Allocations Recurring Journals Enhancements Invoice Line Level Imaging French Payment Format China Golden Tax v7.2 Support China CNAO Reporting Enhancements Travel and Expense Management Expenses Mileage & Compliance Expenses integration with Payroll iphone Expenses Enhancements Revenue Management and Collections Revenue Management Accounting Hub On Premise co-existence with Peoplesoft Financial Management Budgetary Control & Encumbrance Cross Currency & 3 rd Party Supplier Payments ISO2022 & SEPA Support Bills Receivable Features for Brazil, Canada, China, France, Germany, Italy, Netherlands, Spain, & the European Union Subledger Accounting Enhancements Supplier & Customer Payment Processing across Business Units Asset Revaluations Supplier Invoice Line Level Approvals Recurring Supplier Invoices Credit Card Processing Travel and Expense Management Mobile Expenses on Android Travel Integration Revenue Management and Collections Collections Management Enhancements Accounting Hub Cloud Reporting for EBS Financial Reporting on tablet Simplified Security Financial Management Enhanced OTBI reporting for Assets and Subledger Accounting Customer Payment Status Report Travel and Expense Management Customer Enhancements Cash and Treasury Management Employee Bank Account User Interface Revenue Management and Collections Advanced Metrics for Collections Accounting Hub Customer Enhancements Financial Management Credit Management Budgetary PPM, Procurement & Grants Tax Point Support for Project Billing, Pricing, & Cost Management Additional Localizations Travel and Expense Management Additional Travel Integration Cash and Treasury Management Cash Forecasting Revenue Management and Collections Revenue Management Integration with Fusion Receivables, PPM & SCM Collections Tablet Dashboard, and additional metrics Accounting Hub On-Premise Custom Calculations in Accounting Note: This roadmap highlights our cloud-based functionality. Please see additional product family specific roadmaps for Applications Unlimited details. 33

31 Oracle Applications: Current Release and Roadmap Oracle Project Portfolio Management Release 8 Q Current Release +1 Current Release +2 Future Directions Post 12 month planning cycle Project Financial Management Integration with Oracle Workforce Management for Time Capture Invoice in a Third Currency Invoice Approval Workflows Contract Templates Budget Open Interface Pricing Web Services Project Execution Management Flexible Resource Scheduling Planning Rates for Resources Project Open Interface Task Open Interface Resource Request Open Interface Enhanced Oracle Social Integrations Project Analytics Utilization Analytics Iterative Development Analytics Enhanced OTBI Subject Areas Project Financial Management Budgetary Control Grants Management Project Execution Management Enterprise Project Hierarchy Milestone Planning Task Templates Mobile Task Management Multiple Resource Assignment Updates Search and Replace Planning Resources CRM Opportunity Integration Project Management Planning Integration with PLM Project Planning & Resource Management co-existence with EBS Project Control Change Management Project Analytics Task Assignment Analytics Enhanced OTBI Subject Areas Project Execution Management Document Management Project Analytics Smartview support for PPM Essbase cube Enhanced OTBI Subject Areas Project Financial Management Encumbrance Accounting Support Revenue Management Integration Tax Point Support Project Execution Management Procurement Sourcing Integration Mobile Time Management Project Control Risk Management Portfolio Management Top Down Portfolio Management Proposal Management Project Analytics Resource Scenario Planning 34

34 Financial Close Process Demonstration Review Sub-Ledgers Casey Brown Global Controller Review Journal Status Analyze Key Accounts Monitor Ledger Close Process 38

35 Financial Close Process Demonstration Review Sub-Ledgers Casey Brown Global Controller Review Journal Status Analyze Key Accounts 39 Monitor Ledger Close Process SIMPLIFY COLLABORATE ACCELERATE CONTROL

36 Actionable Insight Demonstration Create an Ad-hoc Report Anne Stuart Payables Manager Process Invoices from her Imaging Queue Review Invoices requiring attention 40

37 Actionable Insight Demonstration Create an Ad-hoc Report Anne Stuart Payables Manager Process Invoices from her Imaging Queue 41 Review Invoices requiring attention SIMPLIFY COLLABORATE ACCELERATE CONTROL

38 Reporting & Global Close Demonstration Analyze Key Financial Statements Casey Brown Global Controller Investigate an Expense Anomaly Monitor Global Close Status 42

39 Reporting & Global Close Demonstration Analyze Key Financial Statements Casey Brown Global Controller Investigate an Expense Anomaly 43 Monitor Global Close Status SIMPLIFY COLLABORATE ACCELERATE CONTROL

40 Mobile Expenses Demonstration Capture Expense Using the Voice Recording Feature Casey Brown Global Controller Review, Upload and Submit 44