<Insert Picture Here> PeopleSoft Financial Management Solutions Roadmap

Transcription

1

2 <Insert Picture Here> PeopleSoft Financial Management Solutions Roadmap Amira Morcos Senior Director, Oracle Strategy

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 PeopleSoft Financials 9.1 Adoption <Insert Picture Here> Getting Ready for Financials 9.1 Value-Add Integrations PeopleSoft Financials 9.1 Value Summary PeopleSoft Financials Roadmap 4

5 Applications Unlimited Delivering Innovation with New Product Releases PeopleSoft 8.9 PeopleSoft 9.0 EBS 12 PeopleSoft 9.1 EBS EBS PeopleSoft 9.2 EBS PeopleSoft 9.X Since acquisition, new versions of applications product lines have been released New versions are on the horizon Siebel 8.0 Siebel 8.1 Siebel 8.2 World A9.1 World A9.2 World A9.3 All backed by Oracle Lifetime Support E E1 9.0 E1 9.0u1 E1 9.0u2 Fusion Applications 11g

6 PeopleSoft 9.1 Summary 3rd Release Since Acquisition 21 New PeopleSoft Solutions 1,350 New Features 150+ Customers Involved 28,000+ Pages Enhanced with Web 2.0 Capabilities 300 New Web Services 200 Industry Specific Enhancements PeopleSoft 9.1 combines all the latest features customers expect in a web-based application with the tools needed to extend it into the future. - Larry Bastianelli, Acushnet Company

7 Sharpen Your Competitive Advantage PeopleSoft 9.1 Release Drivers Increase Productivity Accelerate Business Performance Lower Cost of Ownership "PeopleSoft 9.1 appears to be the culmination of significant development effort by Oracle and illustrates their commitment to PeopleSoft applications. -- Rebecca Vilsack, Director Information Technology, University of Central Florida

8 PeopleSoft Customers Speak Out Financials 9.1 Upgrades Alabama State University BDO Seidman LLP Blue Cross Blue Shield of Michigan BOWIE STATE UNIV Bureau Of National Affairs Incorporated Career Education Corporation Central Washington University CGI Information Systems and Management C Ciber City of Escondido City Of Milwaukee City Of Waterloo County Of Napa Delta Dental Plan Of Michigan Ernest Health, Inc. Florida State Board of Education Florida State University HDR Inc. John Nuveen & Company Incorporated Logistics Health Inc. London Health Sciences Centre Metropolitan Council National Football League (NFL) Northwestern Memorial Hospital Ohio Farmers Insurance Company Payless ShoeSource Worldwide Inc PIER ONE IMPORTS PNMR Services Company Premera Blue Cross RadioShack Corporation St. Lawrence College Applied Art & Tech Trimac Corporation UK Ministry of Defence (DSTL) University of Central Florida University of Iowa 8

9 New Customers Speak Out PeopleSoft Financials 9.1 Financials 9.1 Live Advent International Corporation Amedisys Inc CGI Information Systems and Management Grady Health System Infocrossing, Inc. Navigant Consulting Nomura Holding America Incorporated Nomura Securities International, Inc Northern Trust Corporation Savannah River Nuclear Solutions UMB Financial Corporation W R Berkley Corporation 2010 Oracle Corporation Proprietary and Confidential 9 9

10 Getting Ready for Financials 9.1

11 Helping Customers Achieve World-Class Finance Processes PeopleSoft Financials 9.1 Invoice to Pay Financial Control & Reporting Credit to Cash ESA/ALM Financials 9.1 Travel & Expense Management Treasury Management The new PeopleSoft user interface is cleaner and the navigation friendlier. Our users will find their PeopleSoft experience enhanced and their productivity increased. Kiely Keane-Alt, San Diego County Water Authority

12 How to Prepare for Financial Control & Reporting Improve Period End Processing Automate Compliance and Controls Better Manage Funding Levels and Spend Review allocation rules for exclusion steps Identify accrual accounting rules for automated process Identify levels of recon for GL to Sub-Ledger Review workflow rules; eliminate outdated policies Identify ChartFields for transaction level security Compile audit level needs for transaction status Identify ranges for exclusions in budget maintenance Define setup from HCM to FMS for Real Time Checking

13 What s New in Financial Control and Reporting Improve Period End Processing Automate Compliance and Controls Better Manage Funding Levels and Spend Exclusion based allocation rules Incremental consolidations Accrual Accounting for liabilities Improved General Ledger to subsystem reconciliation Multi-dimensional analysis

14 What s New in Financial Control and Reporting Improve Period End Processing Automate Compliance and Controls Better Manage Funding Levels and Spend Approval Workflow Framework Transaction level security Financials Audit Trail Simplified Project Costing Integration Attach supporting documentation to financial transactions

15 What s New in Financial Control and Reporting Improve Period End Processing Automate Compliance and Controls Better Manage Funding Levels and Spend Enhanced budget maintenance Account ranges to define exclusions for budget definition Copy entire budget definition setup Enhanced spend management Check only with what-if scenarios Real Time Checking for HCM Enhanced tracking for PO closing entries

16 Improve Business Collaboration Collaborative Workspaces

17 How to Prepare for Invoice to Pay Improve bottom line and efficiently support compliance Manage costs and reduce liabilities on balance sheet Identify AP Accrual rules for automation Review AP Workflow rules; eliminate outdated flows Review duplicate vendor policies Review supplier volumes & discount history Alert suppliers of new capabilities CXML formats Online 1099 report

18 What s New in Invoice to Pay Improve bottom line and efficiently support compliance Manage costs and reduce liabilities on balance sheet Automatic liabilities accrual Manage historical vendor changes Improved search criteria Approval Framework for voucher processing Enhanced duplicate vendor checking Attach supporting documents at the voucher level

19 What s New in Invoice to Pay Improve bottom line and efficiently support compliance Manage costs and reduce liabilities on balance sheet Selection Criteria Comprehensive summary of the working Capital Provides ability to create a proposal to facilitate the reach of the working capital needed Dynamic discounting enables adhoc discounts Support for CXML format for suppliers using standard electronic invoices Online 1099 report for suppliers Support for attachments by supplier at vendor and location level

20 What s New in Invoice to Pay Improve bottom line and efficiently support compliance Manage costs and reduce liabilities on balance sheet Selection Criteria Proposal Analysis Detail per invoices

21 How to Prepare for Credit to Cash Streamline Processes & Automate Compliance Improve Cash Flow Improve Collections & Decrease DSO Identify workflow policies for credit and re-bill Get ready to get the cash faster with new payment capabilities Identify collections needs for different users Review customer hierarchy needs Identify workflow policies for AR Write-Off

22 What s New in Credit to Cash Streamline Processes & Automate Compliance Improve Cash Flow Improve Collections & Decrease DSO Simplified Bill Entry UI Workflow work for credit and rebill invoice image as an attachment to customers Calculate taxes on free items Change credit card and address data and render a precise copy

23 What s New in Credit to Cash Streamline Processes & Automate Compliance Improve Cash Flow Improve Collections & Decrease DSO Enhanced payment options Partially pay items with Direct Debit Apply Debits and Credits for a Direct Debit payment Schedule future payments Save Payment Cart for future Render statement image

24 What s New in Credit to Cash Streamline Processes & Automate Compliance Improve Cash Flow Improve Collections & Decrease DSO Credit and Collections Workbench Multi Level customer hierarchy Enhanced Payment Worksheet Track promises to pay Zero dollar pre-note for direct debits VAT for AR-Prepaid account entries Workflow for AR Write-Off Configurable Action List Work areas Break-down outstanding balances View complete customer hierarchy

25 What s New in Cash and Treasury Management Greater Global Cash Visibility Cash sweep Treasury Dashboards Bi-lateral netting Support for SEPA (SEPA Credit and Direct Debits Transfers, Exception Handling Process) Payment layout catalogue expansion Flexible Remittance Advice Cancellation of Payment Request via Flat File Improved performance for Bank Reconciliation

26 How to Prepare for Travel and Expense Management Greater control over largest indirect cost Oracle ireceipts - Innovative technology with PeopleSoft Expenses Identify risk levels & workflow for noncompliance Identify accrual policies for expense reports & cash advances Surprise organization!! Reporting of hotel expenses at level three New reports of top spender & top violator Carrier 12:34 PM Web Page Title x 480 Vertical Resolution Manage cash expenses at your convenience Promptly submit cash receipt line items with seamless integration Receive real-time status updates of submitted cash transactions Automatically tag transactions with user s location using GPS technology Capture receipt images with the iphone Camera

27 What s New in Asset Management Enforce Fiscal Discipline and Compliance Insight Retirement options configured at the asset book, asset profile, and asset ID levels Capitalization thresholds Expanded Group Assets to support assetintensive industries Transfers across business units with different currency codes Facilitate the administration of investment properties (IAS 40) Fair value calculations in accordance with FAS 157 Bonus Depreciation American Recovery and Reinvestment Act of 2009 Combo Edit for Assets Calculation of VAT recoverable adjustments

28 Value Add Integrations

29 PeopleSoft Financials Release 9.1 Expand Value when Upgrading Business Intelligence UPK GRC Applications Hyperion Planning Hyperion Disclosure Mgt (XBRL) Oracle Retail Customer Care & Billing (utilities) GRC Financial Control & Reporting Invoice to Pay Credit to Cash Business Intelligence UPK I/PM Integration Oracle Retail Business Intelligence UPK ESA/ALM Financials 9.1 Travel & Expense Management Business Intelligence Primavera P6 UPK Treasury Management UPK Business Intelligence UPK I/PM Integration

30 Improve Period Close Processing Oracle Hyperion Disclosure Management Integration Deliver High Quality Financial Reporting MS-Word Based Drag Drop Integration Document Management including versioning and approval XBRL Taxonomy management and validation Integrates with PeopleSoft Financials through nvision, Essbase & ERPI

31 Improve Period Close Processing Oracle Hyperion Disclosure Management Integration Deliver High Quality Financial Reporting MS-Word Based Drag Drop Integration Document Management including versioning and approval XBRL Taxonomy management and validation Integrates with PeopleSoft Financials through nvision, Essbase & ERPI

32 Financials 9.1 Value Summary

33 PeopleSoft Financial Management 9.1 Summary How can I reduce the time spent on periodend close processing while reducing risk? IMPROVE PERIOD CLOSE PROCESSING Enhanced allocations rules Incremental consolidations Consistent chart of accounts validation Automated accruals for liabilities ireceipts for the iphone Real Time Reconciliations Enhanced Commitment Control How do I effectively manage cash and liabilities while supporting new business opportunities? MAXIMIZE CASH Credit and collections workbench Schedule future payments Partial payments through direct debit Direct Debit Prenotes Dynamic discounting Cash sweep Treasury dashboard Enhanced matching workbench Improved book to bank reconciliation Integration of FG to Swiftnet Enhanced bi-lateral netting How do I lower the cost of compliance while managing increasing regulatory and oversight demands and risk? AUTOMATE COMPLIANCE AND CONTROLS Risk Scoring and Assessment Approval Framework for Transaction level security Vouchers & Vendors Configurable financials audit tracking Use Tax on Free Goods Journals Credit and Rebill Approval via Lease monitoring and site acquisition Level Three Credit Card Data

34 PeopleSoft Financial Management New Capabilities Summary by Product General Ledger Enhanced Allocations Rules Incremental Consolidations Real Time Reconciliations Consistent Chart of Accounts Validation Approval Framework for Journals Integration to Hyperion Planning Expenses Oracle ireceipts for cash expenses Risk Assessment Approval via Hand Held Device T&E Metrics Automated Accruals Level Three Credit Card Data Accounts Payable/eSettlements Dynamic Discounting Approval Workflow for Vouchers & Vendors 1099 Visibility on Supplier Collaboration Improved search usability Automated Accruals for Liabilities Vendor History Enhanced Matching Workbench Billing/eBill Payment Online Invoice Rendering Invoice as Attachment Approval Framework for Credit and Rebill Use Tax on Free Goods Authorization reversal and CVV for Credit Cards Save ebill Payment Cart Partially pay items with Direct Debit Schedule Future Payments Accounts Receivable Credit and Collections Workbench Multi-Level Customer Hierarchy Direct Debit Prenotes Customer Promises Tracking Risk Scoring Usability for cash application worksheets Treasury Management Cash Sweep Treasurer s Dashboard Improved Book to Bank Recon Integration of FG to Swiftnet Enhanced Bi-Lateral Netting Reconciliation Process Performance Global & Common Components European Union SEPA Payments Transaction Level Security for FMS Financials Audit Trail Attachments VAT Enhancements UK Construction Schema Withholding Enhanced Intrastat processing & reporting Industry Business Processes Real Time Validation of HCM Activity Multi-Year Grants in HCM Check Only Capability (for Funds Control) Improved Control Budget Setup Claims Payments for Insurance Merchandise lifecycle controls for Retail Centralization of accounting rules for FSI

35 University of Central Florida Adding Value with Software + Hardware Upgrade of FMS/SCM to 9.1 from 8.9 in 10 months Improved productivity and reduced customizations Deployed on Oracle Database and Sun hardware reducing costs by $120k and improving performance by 4x The combination of PeopleSoft 9.1 and Sun hardware provides us with an innovative platform that significantly streamlines our administrative processes. Bob Yanckello, University of Central Florida

36 PeopleSoft Financials Value Roadmap

37 PeopleSoft Investment Strategy Deliver Timely Additive Solutions Value That Are Easy To Adopt OBJECTIVES Continue Delivery of Value Add Capabilities Provide Capabilities More Frequently Adopt Capabilities without Upgrading STRATEGY Add Capabilities to Current Release Annual PeopleTools Releases ~3 Year Major Release Cycle PeopleTools X Applications 9.1 Feature Pack Feature Pack 9.2 Feature Pack Feature Pack X

38 PeopleSoft Investment Strategy Feature Packs Bundles Periodic maintenance postings that include updates, fixes, and security alerts Maintenance Pack Aggregation of last 2 bundles Delivery Vehicle Bundles Maintenance Pack Bundles Maintenance Pack Application Release 9.1 Feature Pack Enhancements New capabilities that are planned to be included in bundles and maintenance packs; making them available before aggregation into a feature pack Feature Pack Roll-up of enhancements and maintenance previously delivered via bundles and maintenance packs; re-cut CD and recertification of upgrades and integrations

39 The Mission of the Finance Organization PeopleSoft Financials 9.2 Supports the Mission Create Value with Insight Optimize Value with Efficiency Protect Value with Control Information for Intelligent Enterprise Simplify Finance Operations Compliance, Audit, System Performance 39

40 Create Value with Insight Information for Intelligent Enterprise Drive Business Value with Financial & Operational Data Operations Metrics for Proactive management of finance operations Reduce payables cycles & optimize discounts Reduce billing cycles & reduce DSO Enterprise Relationship Visibility for Exposure & Relationship Management Improve supplier negotiations Reduce receivables risk Real time operational reporting for improved finance & cash flow management Support effective operations management through real time transactional analytics Improve cash forecasting for global investment value

41 Visibility to Accounts Payable Work Center

42 Visibility & Efficient Management of Payables Operations

43 Create Value with Insight Information for Intelligent Enterprise Initial Grid and Chart data

44 Lets move the Month to the column Create Value with Insight Information for Intelligent Enterprise

45 Month filter on the column axis Create Value with Insight Information for Intelligent Enterprise

46 Create Value with Insight Information for Intelligent Enterprise

47 Supplier Focus Balance Overdue $ 500, Schedule to be paid (60days) $ 100, Roll up Corporate Open Balance $ 2,500, Roll up Open Invoices 750 Supplier Exposure Supplier Focus Balance Overdue $ 500, Schedule to be paid (60days) $ 100, Roll up Corporate Open Balance $ 500, Roll up Open Invoices 50 Supplier Focus Balance Overdue $ Schedule to be paid (60days) $ 10, Roll up Corporate Open Balance $ 1,000, Roll up Open Invoices 250 Supplier Focus Balance Overdue $ 500, Schedule to be paid (60days) $ 20, Roll up Corporate Open Balance $ 500, Roll up Open Invoices 100 Drilldown Stop Payment Account balance Actions Supplier Focus Balance Overdue $ 250, Schedule to be paid (60days) $ 100, Supplier Focus Balance Overdue $ 250, Schedule to be paid (60days) $ 100, Roll up Corporate Open Balance $ 2 50, Roll up Open Invoices Roll up Corporate Open Balance $ 250, Roll up Open Invoices 100

48 Supplier Focus Balance Overdue $ 500, Schedule to be paid (60days) $ 100, Roll up Corporate Open Balance $ 2,500, Roll up Open Invoices 750 Supplier Focus Balance Overdue $ 500, Schedule to be paid (60days) $ 100, Roll up Corporate Open Balance $ 500, Roll up Open Invoices 50 Supplier Focus Balance Overdue $ Schedule to be paid (60days) $ 10, Roll up Corporate Open Balance $ 1,000, Roll up Open Invoices 250 Supplier Focus Balance Overdue $ 500, Schedule to be paid (60days) $ 20, Roll up Corporate Open Balance $ 500, Roll up Open Invoices 100 B B B B B B C C C D D D C C C D D D

49 Improved Business Performance Improved Cash Forecasting Optimize liquidity and save large costs through earlier forecasting of cash funding needs Operate at maximum efficiency by putting in place the necessary short-term funding measures Accurately map incoming and outgoing cash flows by collecting as much relevant information as possible

50 Create Value with Insight Information for the Intelligent Enterprise GL & Common

51 Optimize Value with Efficiency Simplify Finance Operations Support new market and business opportunities efficiently Improve Usability for casual users Suppliers/Internal in esettlements Customers/Internal for ebill Payment Improve Usability for power users Extend Payables Efficiencies Improve time to invoice in Billing Improve Productivity Single Stop Shop to manage work 2010 Oracle Corporation Proprietary and Confidential 51

52 Before Improve Employee Productivity Accounts Payable Workcenter Name: Kim Title: AP Supervisor Education: Bachelor s degree Training: On-the-job training, 10+ years experience in AP. Primary job responsibility: Oversees team of AP Specialists, resolves issues, monitors work output

53 Optimize Value with Efficiency Simplify Finance Operations Payables / Billing 2010 Oracle Corporation Proprietary and Confidential 53

54 Single Stop Work Shop Intelligent Embedded personal workload Drilldown Direct Action

55 Different user configuration and workload

56

57 Optimize Value with Efficiency Accelerate Locating Information and Executing Business Tasks Oracle Secure Enterprise Search Free Text Search Search Across Multiple Objects and Instances Possible Search on Attachments, Descriptions, etc Filtering of Results Connected to PS Security 2010 Oracle Corporation Proprietary and Confidential 57

58 Protect Value with Control Compliance, Audit, System Performance Support control & process changes quickly & efficiently Improve System Performance with business driven rules (Extend FMS AutoPilot, Combo Edit by Source) Support audit requirements through configurable monitoring of financial transactions (Extend Audit Trail) Automate business requests/approval and update of control data (CF Request) Eliminate manual maintenance of period end reconciliation tracking Extend & improve workflow for tighter control of enterprise risk

59 Protect Value with Control Account Reconciliation

60 Protect Value with Control Account Reconciliation

61 61 Protect Value with Control ChartField Maintenance

62 Protect Value with Control GL Mass Approval

63 Automate Compliance & Controls GL Mass Approval

64 Optimize Value with Efficiency Forms & Approvals Builder Step-by-Step Form Design for Business Analysts Define Form Elements Add Attachments Assign Approvers Publish Form Configure Layout

65 Optimize Value with Efficiency Forms & Approvals Builder Provide Attachments Review Instructions Submit to Workflow for Approval Complete Form Previously Configured by Business Analyst Eliminates Paper Captures Audit Trail

66 Financials/SCM Release 9.1 Feature Pack March 2011 Available for Customers

67 Release 9.1 Value Add Additional Feature Pack Considerations

68 PeopleSoft Customer Advisory Board Customers Companies Reviewing Release 9.2 Designs February 16 th 18 th, 2011 Boeing American Electric Power Boise Corporation Cogentrix Energy Lowe s Cincinnati Financial State Farm Santa Clara University University of Michigan Metropolitan Life Insurance USAA Duke Energy University of Central Florida Chubb Insurance Turner Broadcasting Standard Chartered Bank University of Louisville Nationwide Insurance California State University Capital One El Paso Energy IHG 22 Organizations 41 Attendees Most Asked Question: Can this be delivered in a feature pack?

69 Post 9.2 Candidates PeopleSoft Financials Maximize Productivity Usability Automation Exception Management Maximize Financial Position Information Visibility Enhanced Treasury Operational Reporting Automate Compliance & Controls Extend Audit Trail for Control Data Extend Approval Workflow Automate Business Requests for Control Data

70 Learn More PeopleSoft Information Development Resources Information Portal Hosted & Mobile PeopleBooks Doc Home Pages and Enterprise Integration Point Maps PeopleSoft_Info Read the PeopleSoft Apps Strategy Blog PeopleSoft on Transfer of Information (TOIs) Cumulative Feature Overview & Upgrade Resource Report Tools Business Process Maps & Entity Relationship Diagrams click icons for more information

71 Questions and Answers

72