In today’s interconnected world, organizations are challenged to respond in a timely fashion to complex business issues such as changes due to mergers and acquisitions, frequent regulatory changes, compliance challenges, gaining visibility across multiple entities, and near real-time reporting. The top three financial imperatives for organizations today are:

Reduce total cost and delays in financial presentation (Closure, Reporting and Filing)

Improve visibility to top management across the presentation cycle

Eliminate reliance of offline processes on financial presentation cycle

Best inClass

Metrics Percentage of new source

systems on-boarded Percentage of workdays reduced

due to automation Percentage increase in frequency

of General Ledger postings Time to resolve, reconcile and

close financial processes Improved adoption levels to

multi GAAP/IFRS

Improved time-to-value in Mergers and Acquisitions

Optimized total cost of financial presentation

Improved compliance and audit

Unified accounting policies and rules

Pre-built accounting event model

Pre-configured industry reporting attributes

Business growth &agility

Improved levels ofautomation

Increased efficiency

Adherence to compliance such as FAS97

Enabling Accounting Transformation through Oracle Financial Accounting Hub (FAH)

• Solutions Overview

solutions overview | october 2016

Cognizant’s Solution Framework for FAH

Accounting Hub Business Benefits

Improved Time-to-Value

in mergers and

acquisitions

Improved on-boarding of new business entities through a scalable and flexible event model

Acclimatization to change through a configurable solution, eliminating the need to maintain legacy code changes

Acceleratedfinancial

closure andreporting

Improved Time-to-Reconcile through a unified accounting policy and rule repository

Eliminate the need for a thick General Ledger through a flexible reporting attribute structure

Inbuilt capability to hold transactions as a data store enhancing the feed to reporting and analytics

Improvedvisibility to topmanagement

acrosspresentation

lifecycle

Embedded reporting and analytics within the Hub to enhance visibility and reporting across the presentation layer

solutions overview 2

FAH Solution Options

EBS R12& Non EBS

EBS GL

Fusion GL& Analytics

EBS + FAH +Accounting Hub

Reporting on Cloud

A• Accounting Transformation using FAH• Continue with legacy processes• Retain the footprint and landscape

• Reporting Platform with embedded Essbase• Robust Allocations Engine• Centralized Reporting centers to deliver and

access reports

Out-of-the-box synchronization of E-Business Suite setups and balances• Simple one-step configuration• Superior reporting capabilities with Essbase's

multiple dimensional analytical applications• Highly interactive, self-service reporting model

for all user groups

FAH R12

Fusion Accounting Hub

Use of Accounting Hub Reporting on

Cloud Service

B

LegacyApps

C

solutions overview 3

Tools and Accelerators

Sandbox instances with pre-conf igured accounting hub in Oracle EBS R12 and Oracle Fusion Applications

Oracle EBS R12 FAH

On-premise instance

Pre-configured for financial services industry

Ready test-bed for integration with PeopleSoft G e n e ra l L e d g e r m o d e l e d to re p l a ce discontinued Process Integration Pack from Oracle

Oracle Fusion Apps Accounting Hub

Cloud-hosted on Amazon Web Services

Pre-configured for Payroll and Benefits processes

Leveraged as test-bed/proof-of-concept for Cloud-hosted Fusion Accounting Hub solution

Data-loader Templates

Helps ease setup migration from across environments

Application Accounting Definition (AAD) Import and Export Script

AAD migration scripts

Source File Data Maps

Mutual Fund

Insurance and reinsurance

Banking

Sample Event Model

Mutual Fund

Insurance and reinsurance

Sample Conformance Layer and Integration Design

Mutual Fund

Insurance and reinsurance

Data Visualization Accelerators

Helps articulate business requirements

Defines target reporting and analytics solution

Our Offerings

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About Cognizant

For more information on Cognizant's Oracle solutions, contact us: OSP_Marketing@cognizant.com

Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery centers worldwide and approximately 244,300 employees as of June 30, 2016, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at or follow us on .www.cognizant.com Twitter: Cognizant

Success Story

Design and Development of FAH based Solution for a Leading Property and Casualty Insurance Provider

Business Need

Design of Event Model

Automated generation of accounting entries

Posting of accounting entries to legacy PeopleSoft General Ledger

Technology Platform

PeopleSoft General Ledger in legacy platform

40+ source systems based on multiple platforms, such as mainframe and custom databases

Application is live on a pass-through based FAH

Solution

Design and development of FAH based solution that consists of multiple source systems across different platforms

Customer Master and Premium Master are maintained in legacy

In addition to premium receipts, customer and policy information were inserted into General Ledger through supporting references which are integrated into the FAH design

Outbound interfaces originating from General Ledger feed over the data to a custom built reconciliation module

Reconciliation process compares the premium actually received with the premium master, performs amortizations and generates exception reports

Benefits

Accounting transformation using FAH as a pass-through layer

Automated solution for creating accounting entries and posting them to legacy PeopleSoft General Ledger

FAH integration with legacy PeopleSoft General Ledger