<Insert Picture Here> PeopleSoft Financial Management Solutions 9.1 Roadmap - 27088 Amira Morcos Director, Product Strategy
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.
Agenda PeopleSoft 9.1 Release Drivers Finance Business Challenges Introducing PeopleSoft Financials 9.1 Industries and Integrations Summary Release 9.2 Themes Q&A
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 elopment effort by Oracle and illustrates their commitment to PeopleSoft applications. -- Rebecca Vilsack, Director Information Technology, University of o f Central Florida
Key Challenges for Finance Organizations What s keeping the CFO up at night How can I reduce the time spent How do I effectively on period-end manage close cash processing and liabilities while supporting while reducing new risk? business opportunities? How do I lower the cost of compliance while managing increasing regulatory and oversight demands and risk?
Helping Customers Achieve World-Class Finance Processes PeopleSoft Financials 9.1 Credit to Cash Financials 9.1
Helping Customers Achieve World-Class Finance Processes What s New in Financial Control and Reporting Credit to Cash Financials 9.1
Improve Period Close Processing Continued Automation of Period-End Close Process The close is one of the most time-consuming and detailoriented processes in the finance function, but the effort is worthwhile due to the important role the process plays in providing a clear view of the company s overall results. -- Overhaul Your Financial Close and Reporting Process, Deloitte Consulting, 2007
Improve Period Close Processing PeopleSoft General Ledger WHAT S NEW IN 9.1 Exclusion based allocation rules Incremental consolidations Collaborative Workspaces Multi-dimensional analysis Improved General Ledger to subsystem reconciliation RESULTS Greater efficiency and increased automation Proactively manage financial targets Focus resources on business growth initiatives
Improve Period Close Processing Close Workspace Configurable milestones Direct access to any page Configurable action items Centralized discussions and related decisions Route documents to members for approval
Automate Compliance and Controls PeopleSoft General Ledger WHAT S NEW IN 9.1 Approval Framework for Journal Processing Transaction level security (CF Security) Financials Audit Trail Simplified Project Costing Integration Attach supporting documentation to financial transactions RESULTS Improve control into transaction access Greater support for regulatory and audit requirements Standardize approvals, policies and controls
Greater Financial and Operational Visibility Financial Reporting via Hyperion Essbase Application Database Essbase
Helping Customers Achieve World-Class Finance Processes What s New in Invoice to Pay Credit to Cash Financials 9.1
Streamline Processing and Automate Compliance PeopleSoft Payables WHAT S NEW IN 9.1 Automatic accrual of activity not fully processed Track changes made to vendor information Record future dated vendor name changes Send remittance advice to suppliers via email Simplified purchasing contract integration with improved search criteria Approval Framework for voucher processing and vendor approval Enhanced duplicate vendor checking Attach supporting documents at the voucher level RESULTS Improve bottom line and efficiently support compliance
Maximize Cash and Automate Compliance PeopleSoft esettlements WHAT S NEW IN 9.1 Discount analysis for suppliers and buyers Dynamic discounting enables suppliers to offer automated discounts to buyers 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 Selection Criteria Comprehensive summary of the working Capital RESULTS Manage costs and reduce the liabilities on balance sheet Improve relationship with suppliers Provides ability to create a proposal to facilitate the reach of the working capital needed
Helping Customers Achieve World-Class Finance Processes What s New in Credit to Cash Credit to Cash Financials 9.1
Maximize Cash "Cash is king, queen, and the royal family in a recession. John Chambers, Chairman and CEO, Cisco, Inc., Wall Street Journal, February 19, 2009
Streamline Processes and Automate Compliance PeopleSoft Billing WHAT S NEW IN 9.1 Simplified Bill Entry UI Approvals Workflow Framework for credit and rebill approvals Credit card information captured in RMA passed to Billing to credit proper credit cards Email invoice image as an attachment to customers Calculate taxes on free items Change credit card and address data and render a precise copy of the invoice RESULTS Save time and money spent sending paper copy invoices Reduce time spent correcting errors in the credit-rebill process Collapsible regions consolidate information and save space Invoice as attachment Bill Lines on the same page
Streamline Financial Processing PeopleSoft ebill Payment WHAT S NEW IN 9.1 Improved payment methods Partially pay items with Direct Debit Apply Debits and Credits for a Direct Debit payment Enhanced payment options Schedule future payments Save Payment Cart for future Render statement image RESULTS Automate credit to cash process Reduce time and effort needed to get payments for outstanding customer invoices Payment cart can be created and saved Specify future payment date
Maximize Cash PeopleSoft Receivables WHAT S NEW IN 9.1 Credit and Collections Workbench Review action items Analyze customer information Perform appropriate actions Multi Level hierarchy for customers Enhanced Payment Worksheet Track promises to pay by item or multiple items per customer Generate a zero dollar pre-note for direct debit payments VAT for AR-Prepaid account entries Approval Workflow for Receivable Amount Write-Off RESULTS Improve cash flow and increase return on investments
Maximize Cash PeopleSoft Receivables Configurable Action List View complete customer hierarchy Work areas Break-down outstanding balances
Helping Customers Achieve World-Class Finance Processes What s New Travel and Expense Management Credit to Cash Financials 9.1
Continued Adoption of Expenses Best Practices Cash Entry Credit Card Detail Activity Reports Improve Control, Compliance Decision Making Streamline the Creation Process Privilege template Privilege template Alerts Warning Approval on email Risk Assessment Urgency level Efficiency, Productivity for Employees Leading to Reduced Costs
Streamline Processing and Automate Compliance PeopleSoft Expenses WHAT S NEW IN 9.1 New set of reports to manage spend Expenses Dashboard shows summarized data Assess risk of non-compliance Expense report approval via email Automatic accrual of expense reports and cash advances Limit access and actions via Privilege Template Automatic itemization of expense details to level three Option to automatically update employee profiles for credit card account changes from issuer Supervisor Manager VP Risk Driven Workflow RESULTS Greater control over largest indirect cost
Streamline Processing and Automate Compliance Oracle ireceipts on the iphone Increased user productivity Shorter expense reporting cycles More accurate expense reporting 1. Expense Line creation Select Expense Type Type description Type Amount Take Picture of The Receipt 2. Send to the ERP
Helping Customers Achieve World-Class Finance Processes What s New in Treasury Management Credit to Cash Financials 9.1
Maximize Cash and Automate Compliance PeopleSoft Cash Management WHAT S NEW IN 9.1 Cash sweep Treasury Dashboard Bi-lateral netting Support for SEPA (SEPA Credit & Direct Debits Transfers, Exception Handling Process) Payment layout catalogue expansion Flexible Remittance Advice Cancellation of Payment Request via Flat File Book to bank reconciliation to include transactions from Expenses through Payables RESULTS Improve return on cash assets Greater global cash visibility
Greater Global Cash Visibility Treasury Dashboards Cash Position by Bank Cash Position by Currency Fixed vs. Floating Rate Debt 2 1 3 1 Dashboards 2 Executive Summary 3 Details Investment Mix Fixed vs. Floating Rate Investment Debt Mix Open Foreign Exchange Contracts Payments by Source Payments by Status Payments by Bank Payments by Payment Method Status of Bank Statement Loads
Greater Effectiveness with Exception-Based Management What s New in ESA/ALM Credit to Cash Financials 9.1
Enforce Fiscal Discipline and Compliance Insight What s New in Asset Management WHAT S NEW 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 Depreciation method for Japanese Tax Reform Calculation of VAT recoverable adjustments RESULTS Provides institutions tools to better govern sponsored projects
Manage Operational Assets and Facilities Maintenance Management Problem Sell Cost Analysis Maintain Dispose
Enforce Fiscal Discipline on Projects Project Costing & Contracts PROJECT COSTING RECONCILIATION PROJECT REVENUE RECONCILIATION Improve Visibility into Project Transactions Simplify Financial Management of Capital Projects Easily Correct Anomalies on Grant based Projects Minimize Audit Exposure Accelerate Project Billings Improve Invoice Acceptance Rate Quickly Confirm Balances for Financial Closings Quickly Reconcile Government Contracts
Agenda PeopleSoft 9.1 Release Drivers Finance Business Challenges Introducing PeopleSoft Financials 9.1 Industries and Integrations Summary Q&A Beyond 9.1
Public Services PeopleSoft General Ledger / Commitment Control WHAT S NEW IN 9.1 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 Budget Checking for HCM Auto override for system sources New budget line status Enhanced tracking for PO closing entries RESULTS Reduce the time spent on entry, maintenance, and error correction tasks Better manage funding levels and spend
Public Services Grants Portal for Principal Investigators & Managers of Sponsored Projects WHAT S NEW Wide selection of savable search filters Visual burn rate indicator Option to view with/without F&A Hyperlinked for quick access to drilldown Award & Project Financial Summaries: Funded, Budgeted, Expended, Pre- Encumbered, Encumbered, Remaining RESULTS Provides institutions tools to better govern sponsored projects
Public Services Manage Complex Multi-Fund Projects COST TRACKING Funding Sources FEDERAL STATE LOCAL BILLING
Driving Greater Business Agility Oracle Imaging and Process Management Integration (formerly Stellent) WHAT Out of the box integration of Oracle I/PM with E- Business Suite Financials for document imaging and management HOW Capture digitizes content from any source, anywhere: Paper, Email Attachments, Faxes etc Centralized or distributed scanning and indexing Imaging stores and retrieves documents from Financials: Provides central repository for all Financials documents Enables seamless search and access from Financials Workflow capabilities augment Financials processes: Trigger workflow processes on document upload Provides system integration and human workflow RESULTS Reduce reliance on paper receipts and cut reimbursement time Lower invoice processing costs Oracle I/PM is launched from PeopleSoft UI
Agenda PeopleSoft 9.1 Release Drivers Finance Business Challenges Introducing PeopleSoft Financials 9.1 Industries and Integrations Summary Beyond 9.1 Q&A Must Have Information
PeopleSoft FMS 9.1 Summary How can I reduce the time spent on periodend close processing while reducing risk? IMPROVE PERIOD CLOSE PROCESSING Enhanced allocations rules Real Time Reconciliations Incremental consolidations Enhanced Commitment Consistent chart of accounts Control validation Automated accruals for liabilities ireceipts for the iphone 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 Transaction level security Configurable financials audit tracking Use Tax on Free Goods Approval via email Level Three Credit Card Data Approval Framework for Vouchers & Vendors Journals Credit and Rebill Lease monitoring and site acquisition
PeopleSoft Financial Management New Capabilities Summary 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 Email 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
FSCM 9.1 MP 1 Upgrade Plus Paths Upgrade Scripts Coming Soon! FSCM 9.0 FSCM 8.9 Automated, One-Step Upgrades 9.1 MP 1 FSCM 8.8 < FSCM 8.4 Multi-Step Technical Upgrades Release 9.1 MP1 Includes limited enhancements Required for ongoing support Supports faster language translation
PeopleSoft Investment Strategy Considerations for PeopleSoft Financial Management 9.2 Enable organizational success by addressing the unique needs of different constituents End Users Drive User Productivity with Functional Work Page (AP, BI,, ebill Payment, CA) Simplified Entry Functions (AP, BI, ebill, EX) Collaboration and Reporting (CW, Operational & Financial Reporting) Business Owners Deliver Complete Solutions with Functionally Deep Applications (Focus on Cash & Investment Mgt) End-to-End Business Processes (Integration, Reconciliation) Industry Tailored Solutions (Enhanced Commitment Control) IT Managers Enable IT to Impact the Business with Extend Common Frameworks (AWE, Financials Audit Trail) SOA Enabled, Sustainable Integrations (Hyperion Planning) Performance
Agenda PeopleSoft 9.1 Release Drivers Finance Business Challenges Introducing PeopleSoft Financials 9.1 Industries and Integrations Summary Release 9.2 Themes Q&A
Meet the Experts At the Exhibit Hall Monday, March 1st 1:45pm 3:15pm Tuesday, March 2nd 10:30am - Noon
FMS Release 9.1 Sessions Monday, March 1 st Cash is King! Let PeopleSoft Billing & Receivables 9.1 help you improve your cash flow (27103) It s All About Control: PeopleSoft Financials/SCM ChartField Security in Release 9.1 (27093) More Automation & Control! PeopleSoft General Ledger 9.1 automates & streamlines financial processes (27089) Reduce Liabilities through the Power of PeopleSoft Payables and PeopleSoft esettlements 9.1 (27090) Is the Treasury Process a Gamble? PeopleSoft Treasury 9.1 Gives Back Control (27092) Tuesday, March 2 nd Improve Cash Position & Customer Satisfaction Using PeopleSoft ebill Payment 9.1 (27104) Can t Tie Out the Numbers? Let PeopleSoft Financials 9.1 Help You Reconcile (27101) Maximize a Savings Opportunity - Taking Control of Travel and Expense Spend in Uncertain Times (27091)
Questions and Answers
Learn More PeopleSoft Information Development Resources Follow us on PeopleSoft_Info 9.0 9.1 click icons for more information
Learn More PeopleSoft Enterprise Documentation and Curriculum For more information about Training UPK Self-Study CDs Hosted PeopleBooks Release Notes Cumulative Feature Overview Tool Installation and Upgrade Guides And More Visit our PeopleSoft Enterprise Information Portal on Oracle.com. http://www.oracle.com/applications/peoplesoft-information-portal.html And Follow us on Twitter! https://twitter.com/peoplesoft_info PeopleSoft Enterprise Information Development Creating quality information solutions to help our customers succeed! Contact us at psoft-infodev_us@oracle.com