payables 9.0 and fusion
DESCRIPTION
Payables 9.0 and Fusion. Amrita Mehrok & Ramakrishnan Balaji Financials Product Strategy. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/1.jpg)
Amrita Mehrok & Ramakrishnan Balaji
Financials Product Strategy
Payables 9.0 and Fusion
![Page 2: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/2.jpg)
The presentations and other material provided to you at this event may include statements about Oracle's product development plans. Many factors can materially
affect Oracle's Product development plans and the nature and timing of future product releases. Accordingly, this information is provided to you solely for
information only, 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 remains at the sole
discretion of Oracle. This information may not be incorporated into any contractual agreement with Oracle or its subsidiaries or affiliates. Oracle specifically disclaims
any liability with respect to this information.
![Page 3: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/3.jpg)
Agenda
Enhancements in 9.0 Update on Fusion Questions
![Page 4: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/4.jpg)
Enhancements in 9.0
Voucher Processing Withholding Improvements Mass payment cancellation OFAC Compliance
![Page 5: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/5.jpg)
Voucher Processing
Session defaults for regular voucher Copy down distribution lines on the
voucher Sales/Use Tax summary Related documents Invoice printing Miscellaneous enhancements
![Page 6: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/6.jpg)
Session Defaults
![Page 7: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/7.jpg)
Session Defaults
![Page 8: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/8.jpg)
Session Defaults
![Page 9: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/9.jpg)
Copy down distribution lines on the voucher
![Page 10: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/10.jpg)
Sales/Use Tax Summary
![Page 11: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/11.jpg)
Sales/Use Tax Summary
![Page 12: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/12.jpg)
Sales/Use Tax Summary
![Page 13: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/13.jpg)
Related Documents
![Page 14: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/14.jpg)
Related Documents
![Page 15: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/15.jpg)
Miscellaneous Enhancements
Voucher comments hyperlink will let the user know if comments exist (e.g. Comments(1) if exists or Comments (0) if it does not exist)
Added business unit and voucher id to the bottom left hand corner of Invoice information page
Added document status inquiry on the voucher summary page.
Added links on the document status inquiry pages to navigate to accounting entries, budget exceptions, match workbench
![Page 16: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/16.jpg)
Withholding Improvements
A new run control page that will run the following 3 processes 1099 report post 1099 report 1099 Copy B
Removed the limitation of having only one set of chartfields for withholding liability entries and one remit vendor for withholding payment remittance
![Page 17: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/17.jpg)
Withholding Improvements
![Page 18: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/18.jpg)
Withholding Improvements
![Page 19: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/19.jpg)
Withholding Improvements
![Page 20: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/20.jpg)
Withholding Improvements
![Page 21: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/21.jpg)
Withholding Improvements
![Page 22: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/22.jpg)
Withholding Improvements
![Page 23: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/23.jpg)
Withholding Improvements
![Page 24: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/24.jpg)
Mass Payment Cancellation
![Page 25: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/25.jpg)
Mass Payment Cancellation
![Page 26: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/26.jpg)
Mass Payment Cancellation
![Page 27: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/27.jpg)
OFAC Compliance
Provides 2 options for validating the vendors against the SDN (Specially Designated Nationals) list
1. Maintain the SDN list internally by importing the list that is published by OFAC and have the applications validate against it
2. Invoke a 3rd party application (e.g. Trade point) that maintains the list through a web service
![Page 28: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/28.jpg)
OFAC Compliance
Provides capability to import the SDN (Specially Designated Nationals) list which is maintained by OFAC (Office of Foreign Assets Control)
Provides a web service for other 3rd party applications that needs to check against this SDN list
Payables will use this list to verify the vendors during voucher and payment creation
Integrates with Trade point for verifying the vendors
![Page 29: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/29.jpg)
Agenda
Enhancements in 9.0 Update on Fusion Questions
![Page 30: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/30.jpg)
Globalization
Comply with new regulations
Provide real-time visibility to customers
Knowing yourCustomer
Efficiency throughShared Services
Business Challenges…
Structure for fastinnovation
![Page 31: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/31.jpg)
Oracle’s Application Vision
Applications driven by business processes From implicit to explicit processes
Business Intelligence is not an afterthought Good BI needs to be in the DNA of applications
Applications that can be configured and integrated with ease
Applications must increasingly fit in a heterogeneous environment
Applications that are cheaper to deploy and operate
![Page 32: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/32.jpg)
Oracle’s Core Beliefs
Industry Relevance is a must We have to know and manage industry processes in minute
detail
Application customers want consolidation Standards always win
At a business level (Rosettanet, HL7, SWIFT etc.) At a technology level (J2EE, WSI-*, XML etc.)
Providing a full technology stack is an advantage
Significantly reduces cost
![Page 33: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/33.jpg)
Oracle’s Application Portfolio
EBusinessSuite PeopleSoft Enterprise Siebel JD Edwards EnterpriseOne JD Edwards World Oracle Retail i-flex (part ownership)
![Page 34: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/34.jpg)
Desired Architecture
Orchestration PlatformOrchestration PlatformOrchestrationOrchestration
App AppApplications App App App App App
ApplicationInfrastructureInfrastructure
ApplicationInfrastructure
HostedInfrastructure
Business Process
Analytics & Collaboration
SuppliersCustomers
PartnersEmployees
DataData Product Product InformationInformation
Employee Employee InformationInformation
Customer Customer InformationInformation
![Page 35: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/35.jpg)
JD Edwards World enhancements
•Individual Fusion Applications
Application Roadmap
• Oracle EBS 12• PeopleSoft
Enterprise 9.0• Siebel 8.0• JD Edwards
EnterpriseOne 8.12• First use of Fusion
technology• Data Hubs &
Transaction Bases
• Continue releasing PS Enterprise R8.9
• Fusion Architecture
• Enhanced Support
• Fusion Middleware Certification
• Fusion BPM Integration
2005 2006 20082007
•Fusion Application Suite
![Page 36: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/36.jpg)
36
First Use of Fusion Technology
Significant steps into Fusion Delivered in 2006 on current product
releases Incremental capability, non disruptive Increase business value
Improved insight and user access Better information management Business modeling support
![Page 37: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/37.jpg)
Fusion RoadmapBusiness Process Flows
Enable business analysts to model and adapt processes to accommodate changing business requirements
Processes Rules Functionality
Layered configuration to protect adaptation through upgrades
In 2006: BPM for Siebel and additional
industry solutionsExample: HCM Employee Onboarding
![Page 38: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/38.jpg)
Fusion Roadmap Fusion Reporting
Standardize on high performance, high fidelity, standards-based tool
Easy, intuitive, end-user report development within desktop applications.
Open to any data source, across the enterprise
Allows customers to adopt the Fusion reporting technology now
In 2006: Begin delivery of libraries of
Fusion reports in EnterpriseOne, Enterprise, and E-Business Suite
![Page 39: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/39.jpg)
Fusion Roadmap Publish Web Services Repository
Oracle, PeopleSoft, JDE integration services repository delivered
Standardized access integration points across the Oracle portfolio
Compliant with Web Services standards (e.g., UDDI)
Organized by business process and by industry
In 2006: Extended directory for
Fusion services Mapping to current
integration repositories
![Page 40: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/40.jpg)
Fusion Strategy Council
CIO Advisory Board
Customer Surveys
Customer Care Services
User Groups
CABs
Oracle Partner Network
Executive Sponsors
Actionable Information
Ability to rapidly adapt
Lower risk, cost, and complexity
Talk, Listen, and Work with Customers and Partners
Oracle’s Approach
![Page 41: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/41.jpg)
The Process
Global MarketAssessments
CustomerInput
Oracle Sales &LoB Input
CorporateDrivers
DeltaAssessment
ApplicationsKey Initiatives:
BI, SOA, SOE,UE, Industry
Net NewFunctionality
Requirements Phase Output
BusinessProcess
Diagrams
BusinessRequirements
Documents
Statementsof Direction
ReleasePlan
Identify EBSFunctionality
GapsDelta Assessmentof ProductFeatures
Identify EBSFunctionality
Gaps
![Page 42: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/42.jpg)
OFAC
Business Processes & Web Services
LegacySystemsIntegrated
Apps CertificationAuthority
Suppliers
DEMATService
RemittanceAdvice
Oracle SOAWeb Services
<XML>
DebitMemo
BankStatement
PaymentHold
PaymentOrder
..
FormattedPayment
Oracle SOAWeb Services
<XML>
ReceiveReceiveInvoiceInvoice MatchMatch ApproveApprove CreateCreate
PaymentPaymentBankBank
ReconReconProcure to PayBusiness ProcessProcure to PayBusiness Process
ScannedOCR Invoice
InvoiceCredit MemoDebit Memo
.Legacy
Systems. Supplier’sAcct Receivables
IntegratedApps Buyer’s
BankSupplier’s
Bank
![Page 43: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/43.jpg)
FusionWhat You Can Expect
Vast majority of customers will be able to upgrade all their current products with Fusion applications in 2008
Your move to Fusion is an upgrade Customization inventory Architectural approach defined Upgrade development work begins this year Upgrade CAB forming
Lifetime support - customers will upgrade to Fusion based on their business needs, not because we force them off their current products
![Page 44: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/44.jpg)
Suggested Next Steps
Step 1: Protect investment by adopting the the latest releases
Gain significant additional functional value, retire customizations Unify operational infrastructure with Fusion Middleware and Grid
Step 2: Extend the value of existing implementation Gain better business insight with BI Tools: reporting and BAM dashboards Standardize, optimize, or specialize enterprise business processes (SOA+) Improve master data management with customer/product data hubs
Step 3: Evolve to Fusion Applications Use Oracle and Partner services to scope and prioritize business value Use modeling tools to catalog planned process & intelligence adaptations Anticipate a project to develop skills and gain experience
![Page 45: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/45.jpg)
Suggested Next Steps
Step 1Protect
20052005 2006 20082007
Step 2Extend
Step 3Evolve Upgrade operational
transactional systems to Fusion
Adopt Fusion Reporting
Adopt Fusion Analytics
Upgrade to current release
Adopt Fusion BPEL Process Manager
![Page 46: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/46.jpg)
AQ&
![Page 47: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/47.jpg)
Amrita Mehrok, Senior Manager Financials Strategy [email protected]
Ramakrishnan Balaji, Principal Product Manager Financials Strategy [email protected]
Contacts
![Page 48: Payables 9.0 and Fusion](https://reader035.vdocuments.net/reader035/viewer/2022081421/568145bf550346895db2cac4/html5/thumbnails/48.jpg)
Customer Survey
The usages surveys are live as of, Monday, April 3rd on the www.IOUC.org website
Select the “Fusion Channel” tab then click the PeopleSoft Applications Product Usage Surveys button. The surveys will be available for customers to respond to until April 30th.