How to leverage Fusion Financials (New Implementation vs. Coexistence)

Transcription

1 How to leverage Fusion Financials (New Implementation vs. Coexistence) August 14, 2014 Copyright Apps Associates LLC. 1

2 Performance. Growth. Excellence. Global Reach, Broad Service Profile Founded in 2002, 600+ employees US, Europe, India, Middle East Service Offerings: Applications, CRM, Analytics, EPM, Cloud, Middleware, Application Development, App & Infrastructure Managed Services Significant Investment in R&D Cloud (IaaS, PaaS, SaaS) Business Process & System Integration Analytics & Big Data Strategic Partnerships, Certifications, Credentials Oracle Platinum Partner, Oracle Specialized Across Our Portfolio of Services AWS Advanced Consulting Partner, Certified Managed Services Provider Microsoft Certified CMMI Level 3 & SSAE 16 Copyright Apps Associates LLC. 2

3 Connect With Us Web: YouTube: LinkedIn: Facebook: Copyright Apps Associates LLC. 3

4 Eric Deering, Principal Consultant 18 Years Business Systems Consulting Focused on Financials and Procure to Pay Processes and Technologies Over 25 full lifecycle implementations of Financials systems Fusion Certification Specialties Financials Procurement Integration Data Quality Copyright Apps Associates LLC. 4

5 Agenda Applications Roadmap and Strategy Fusion Co-Existence New Features in Fusion Financials AP Invoice Scan Mobile Expenses Period Close Ad Hoc Query and Analysis Fusion Accounting Hub Migrating from Your Current Financial Platform Q&A Copyright Apps Associates LLC. 5

6 Applications Roadmap and Strategy Copyright Apps Associates LLC. 6

7 Complete Solutions Copyright Apps Associates LLC. 7

8 Oracle Fusion Financial Products Copyright Apps Associates LLC. 8

9 Key Stakeholder Challenges Copyright Apps Associates LLC. 9

10 Fusion Co-Existence Copyright Apps Associates LLC. 10

11 How can Fusion coexist with my current investments? Copyright Apps Associates LLC. 11

12 Fusion Accounting Hub Accounting and integration platform External Systems Integrated Data and Centralized Accounting Capture Accounting Events Create Accounting Rules Transfer & Post Audit & Analyze Capture transaction and reference information for accounting treatment Centralized and configurable rules Flexible multi-gaap support Generate detailed accounting entries in Fusion Accounting Hub Drilldown from balances to detailed accounting journals EBS GL PSFT GL JDE GL Fusion GL Copyright Apps Associates LLC. 12

13 How can Fusion coexist with my current investments? Copyright Apps Associates LLC. 13

14 Fusion Accounting Hub Financial Reporting and Analysis Platform E-Business Suite General Ledger Balances Chart of Accounts mapping and synchronization Drilldown Dashboards Reporting & Analytics Spreadsheet Integration Simplified Setup Enterprise Performance Management Financial Consolidation, Planning & Budgeting Copyright Apps Associates LLC. 14

15 Accounting Integration E-Business Suite General Ledger Balances Chart of Accounts mapping and synchronization Drilldown Productized, low impact integration between the E-Business Suite GL and the Fusion Accounting Hub Load E-Business Suite General Ledger balances from R12+ EBS GL to the Fusion Accounting Hub. Drilldown from the Fusion Accounting Hub to EBS balances and ultimately to journals / subledger transactions Continue to use EBS Subledgers and the EBS GL with added value from Fusion Accounting Hub capabilities Copyright Apps Associates LLC. 15

16 New Features in Fusion Financials Copyright Apps Associates LLC. 16

17 AP Invoice Scan Copyright Apps Associates LLC. 17

18 Optical Character Recognition and Document Attach Copyright Apps Associates LLC. 18

19 Mobile Expenses Copyright Apps Associates LLC. 19

20 Period Close Accounting Period Fusion Enhancements Centralized Close Status Monitor Gain visibility of the close status across subledgers and ledgers Enforce close deadlines by centrally managing the close status across multiple ledgers and subledgers Reconciliation Reports Close your books faster with automatic matching of AP and AR subledger transactions to accounting entries Quickly identify and resolve discrepancies with direct drill downs to supporting journals and subledger details Copyright Apps Associates LLC. 20

21 Period Close Visibility Copyright Apps Associates LLC. 21

22 Period Close Collaboration Copyright Apps Associates LLC. 22

23 Excel Connectivity Copyright Apps Associates LLC. 23

24 Fusion Accounting Copyright Apps Associates LLC. 24

25 Migrating from Your Current Financial Platform Copyright Apps Associates LLC. 25

26 Upgrade or Migrate? No Upgrade Path from EBS / Siebel / Financials OnDemand / PSFT Migration Scripts Reliance on Partner Community to Provide License Transfers Some Deals for Migrating to New Products from Old Support Legacy products in EBS / PSFT will be supported on latest versions New net functionality is minimized for these products Copyright Apps Associates LLC. 26

27 Complete Choice Choose Your Next Steps Continue on Your Current Path Upgrade to the latest release of your existing Oracle Applications portfolio Adopt a Co-Existence Strategy Add new Fusion Applications modules or pillars to your existing Oracle Applications portfolio Embrace the Complete Suite Deploy the comprehensive suite of Fusion Applications products Copyright Apps Associates LLC. 27

28 The New Standard for Adoption Choice of Adoption Scenarios #4: Current Customer Adopt Fusion Apps alongside existing Oracle apps with tight interoperability. #3: Current Customer Adopt Fusion Apps alongside existing Oracle apps with loose interoperability. #6: New Customer Replace 3 rd party apps by adopting Fusion Apps pillar or suite. #1: Current Customer No plans to adopt Fusion Applications at this time. #2: Current Customer Adopt Fusion Apps alongside existing Oracle apps with no interoperability. #5: Current Customer Replace existing Oracle apps with Fusion Applications pillar or suite. Existing Apps Co-Existence Fusion Apps Copyright Apps Associates LLC. 28

29 New Implementation vs. Co-Existence There is value in each approach depending upon: Does your current Financial systems meet your company s business requirements for the future? How happy are you with your current Financial configuration (i.e. a chance to start over vs. adopting specific Fusion benefits)? What are your current operational constraints (i.e. resources, money, time) and your overall corporate priorities? Which Business Areas would be impacted and to what degree? What implementation project size and scope are you comfortable? What new Fusion Features and Functionality are must haves for our company? Copyright Apps Associates LLC. 29

30 Adoption Strategies Co-Existence Strategy Protects Your Investment E-Business Suite PeopleSoft JD Edwards Fusion Applications Financial Management Hyperion Fusion GRC Fusion Accounting Hub Procurement Fusion Shared-Service Procurement Project Portfolio Management Primavera Fusion Project Portfolio Management Human Capital Management Fusion Talent Management Fusion Incentive Compensation Supply Chain Management Agile PLM Transportation Management Warehouse Management VCP Fusion Distributed Order Orchestration Financials Siebel Financials RightNow Fusion Sales Planning Fusion Incentive Compensation Eloqua Copyright Apps Associates LLC. 30

31 Questions & Answers Copyright Apps Associates LLC. 31

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