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Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Amit JhaProject Leader, Product ManagementOracle EBS Procurement & Contracts
Rick NguyenBusiness Systems ManagerBoeing
Presented with
Business Intelligence to Create Procurement Insight & Opportunity
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Safe Harbor StatementThe 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
Oracle Spend Classification
Demo – Value Add by Spend Classification
Case Study – Boeing
Additional Resources
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Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 5
Program Agenda
Oracle Spend Classification
How It Works
Business Benefits
New Features and Roadmap
Demo – Value Add by Spend Classification
Case Study – Boeing
Additional Resources
1
2
3
4
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
1. Extract data from ERP to Procurement and Spend Analytics
2. Classify the Spend Data3. Rewrite classified data back to Procurement
and Spend AnalyticsProcurement and Spend Analytics
• Extract
• Classify• Approve
Knowledge Base
Spend Classification
Procurement and Spend Analytics
• Analyze
ERP(s)
In-line classification
Oracle Spend ClassificationThe Solution
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Identify Cleansed Data
Train the System
Classify
Make Manual Changes (if required)
Update Analytics Data
Point Enhance System
Oracle Spend ClassificationHow It Works
Approve
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Program Agenda
Oracle Spend Classification
How It Works
Business Benefits
New Features and Roadmap
Demo – Value Add by Spend Classification
Case Study – Boeing
Additional Resources
1
2
3
4
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Process Data from Any Source Powerful Data Manipulation
Other
Purchasing Systems
ETL & Business Adapters
Procurement &Spend Analytics
Pre-built ETL to extract data from hundreds of operational systems Classifies Requisitions, Purchase Orders, Invoices and other documents
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Classify Heterogeneous Data Into a Single TaxonomySupport for Multiple Sources
Standard Taxonomy
Map multiple data sources & taxonomies to one standard Avoid intrusive changes to source systems
EMEA
APAC
Americas
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Interpret Data from New Sources and Classify Into Existing TaxonomiesPredictive Engine
New Sourcing Program for Existing Business Unit
Incorporating Acquired Company 1
Incorporating Acquired Company 2
Standard Taxonomy(e.g. UNSPSC)
eCl@ss
CustomUNSPSC
NoHierarchy
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Use Manual Corrections and New Spend Patterns to Improve AccuracyIntelligent Learning Engine
Assisted Mode Identifies Potential Categories for Ambiguously Classified Spend and Improves Future Results
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• Works seamlessly with Oracle EBS iProcurement
• Functionality extensible to other e-procurement applications using Web – services
• Easy for Requisitioners to assign correct category
• Improves category-based approval routings
• Reduces Errors and Procurement Cycle time
• Helps to drive Compliance
Oracle EBS iProcurement In-line ClassificationPrevent Misclassification at Source
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The Intelligence-Based App that Improves Spend & Performance VisibilityOracle Spend Classification
Organize Spend Into Logical Categories
Automate Expensive Data Management
Adapts to Changing Spend Patterns
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Oracle Spend ClassificationSome of Our Customers…
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Program Agenda
Oracle Spend Classification
How It Works
Business Benefits
New Features and Roadmap
Demo – Value Add by Spend Classification
Case Study – Boeing
Additional Resources
1
2
3
4
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Oracle Spend ClassificationSimplified User Interface
• Feature – Simplified, intuitive user interface– Key functions initiated from Dataset entity
• Create Knowledge Base• Enrich Knowledge Base• Classify
– View Log in context of Entity
• Benefits– Improved User Experience– Increased User Productivity
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Oracle Spend ClassificationClassify Selective Transactions
• Feature – Specify transactions to be classified
• Benefits– Better control on transactions to be classified– Manageable Batch Size– Improved Query Performance– Reduced Download Time– Quicker Batch Analysis– Faster Approval and Reset
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Oracle Spend Classification: Current Release and Roadmap
• Improved User Interface• Custom Classification Batch• Track Progress Updates • Reset Specific Datasets• Export to Excel• Delete Classification Batch
• OBIA 11.1.1.8.1 Certification• Manage Taxonomy• Enhance Classification Quality
• Classify P-Card & Employee Expense
• Integration with i-Expense• Supplier Cleansing• Dataset Wizard• Automate Classification• Increase Weightage to Supplier
Release 12.2.4August 2014
What’s Next0-12 month planning cycle
Future DirectionsPost 12 month planning cycle
Restricted to event use only. 19
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 20
Program Agenda
Oracle Spend Classification
Demo – Value Add by Spend Classification
Case Study – Boeing
Additional Resources
1
2
3
4
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 21
Program Agenda
Oracle Spend Classification
Demo – Value Add by Spend Classification
Case Study – Boeing
Additional Resources
1
2
3
4
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 22
Program Agenda
Oracle Spend Classification
Demo – Value Add by Spend Classification
Case Study – Boeing
Additional Resources
1
2
3
4
Copyright © 2014, Oracle and/or its affiliates. All rights reserved. | 23
Additional Resources• Oracle Support Notes
– 948082.1 – Latest Roll Up Patch, Certification Matrix, Installation Instructions
– 1450275.1 – Spend Classification Process Guide
– 1672861.1 – Best Practices for Creating a Spend Classification Knowledge Base
• Oracle University Transfer of Information– Implement and Use Oracle Spend Classification (L2)
– Support and Troubleshoot Oracle Spend Classification (L3)
24Copyright © 2014, Oracle and/or its affiliates. All rights reserved. |
Questions & Answers
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