PeopleSoft Financials Supports Business Expansion with Visibility … · 2020-02-17 · Supplier Profile Question feature Supplier Performance tile Par Location Replenishment process

| PeopleSoft India SIG 2020

Learn . Explore . Experience

Kelly Mills, Senior Director, ESA Development

Venugopal Bheemreddy, Director, FMS Development

Joe Willever, Director, Product Management

Loida Chez, Director Product Management

Sudarsan Tadipatri, Senior Principal Product Strategy Manager

PeopleSoft Financials Supports Business Expansion with Visibility and Efficiency

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, timing, and pricing of any features or functionality described for Oracle’s products may change and remains at the sole discretion of Oracle Corporation.

Safe harbor statement

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Supply Chain Management & Supplier Relationship Management

Asset Lifecycle Management

Project Costing & Contracts

Core Financials

Travel & Expenses

Program agenda

PeopleSoft Supports Business Expansion

Simple

Copyright © 2020, Oracle and/or its affiliates |

Intelligent Automated

Integration with IoT Asset Monitoring Service

Expansion for Fluid Journal, Payment Request, Requisition

Credit to Cash Global Search Simplicity for Suppliers/Customers Fluid Bank Transfer & Deal Copy Mass Delete Cancelled Bills Mobile Asset Inspections Allow Changes to Expense Types Expanded Contract Rate Visibility

and Department Changes on a Grant Fluid Approvals for Project Request,

Program Budgets & Award Proposals Drop Zones for Fluid Across ERP Financial Structure Request Procurement Contract UI

Improvements

Supplier Scorecarding Simplified Analytics for BI WorkCenter Financial Operations Metrics & Home

Pages Finance & Accounting Home Page Comprehensive Customer View Shared Product Functions for Payables

Leases Transaction Comments & Attachments Payments Spend Analysis Revenue Recognition Expansions Attachments for Award Milestones Validate Payment Prior to Billing Assess Risk on Expense Report

Approvals GPS Mileage Calculation Validate Payment Status Before Billing

Sponsors

AM Interface Transaction Error Handling

Mass Update in Billing & Contracts Voucher Copy Improve Payment Matching for AR OCR/OFR Imaging for Invoices Journal Mass Delete Mass Submit Journals for Approval Expand WorkCenter Content &

Framework Extend End Dates across ESA in

Single Action PC Data Compression Simulation Voucher Staging Cleanup Leverage UPN Across Procure to Pay Personalize Bidding Events in Time

Zone

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Travel & Expenses


Transform the User Experience

• Simplify Transactions

• Use Familiar Device Paradigms

• Empower Employees

Challenge: Expanded Connectivity: Any Time, Any Where

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Solving Both Challenges with One Solution

PeopleSoft Fluid User Interface – Customer Successes!

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First “live” customer on Fluid Expenses was a US-based Insurance Co – approximately 250+ Expense Reports per month.

Largest implementation so far is a world-wide non-for-profit organization with 110,000 Fluid Expenses Users in 140 countries

PeopleSoft India SIG 2020 | Learn . Explore . Experience Restricted to event use only.

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PeopleSoft Travel and Expenses Use Cases

Oracle Digital Assistant

Copyright © 2019 Oracle and/or its affiliates.

Your Expense Report 2345679

was paid on Monday,

January 10th

Your per diem for dinner in

London UK is 30 GBP

Shall I create a My Wallet

entry for that

expense?

• Expense Report Document Inquiries

- Payment Status

- Approval Status

- Per Diem Amounts per Location

• Expense Report Updates

- Add entry to “My Wallet”

- Convert all “My Wallet” accumulated entries to an Expense Report

Your Travel Authorization

was Approved on January 22nd

PeopleSoft India SIG 2020 | Learn . Explore . Experience


Core Financials

Simple Navigation & Execution for All UsersGlobal Search – Credit to Cash for Projects, Contracts, Grants, Billing & AR (Image 30)

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Reduce Costs & Liabilities with PeopleSoft eSettlements

Expand Supplier Collaboration

Eliminated

Improve Balance SheetReduce Operational Costs

250,000

Reduce the ‘Annoying Vendor Calls’

Supplier Calls


Leverage the Power of PeopleSoft eBill Payment

Deepen Customer Relationship

Reduction in Manual Processes

Expedite Cash FlowAutomate Customer Invoice Process

75%


Simplicity Improves Accounting Efficiency

Fluid Simple Journal (Image 29 & 33)

Improve Operational Efficiency

Reduce Customization

Reduce Data Entry Complexity

Configure/Copy Template

Prevision by User or Role

Template by User or Role

Add/Copy Journal

Full Global Support

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Mass Update Billing Invoices (Image32)

Simplicity Improves Productivity

Reduce operational cost

Capability to mass update

• Billing Specialist

• Billing Authority

• CollectorCopyright © 2020, Oracle and/or its affiliates | 33

Support Business Expansion & Growth

Business Unit Management

(Image 19)

Copy Subledger Processing Unit

(Roadmap)

Financial Structure Request(Image 25)

DiscontinueEntities

(Roadmap)

Copyright © 2020, Oracle and/or its affiliates |

Financial Structure Lifecycle Management

Merger & Acquisition

Restructure

Ongoing

Disposition


Project Costing & Contracts


Contracts, Projects & Grants Update

• Project Costing Data Compression

• Updating Invalid Bill Plans en masse

• Contract Activation en masse

• Keyword Search Across ESA

• Expanded Rate Visibility and Departmental Changes on a Grant

• Attaching Milestone Documents to the Award

• Federal Reimbursable Contracts – Holding Unpaid Cost from Billing

• Facilities & Administrative Rate Processing

Significant Legislative Updates Delivered in Phases:

• Revenue Recognition for FASB and IASB

Recent Enhancements

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Project Controllers

• Status Projects for Compression

Functional SuperUser

• Performs Final Review of Projects for Compression

Administrator

• Schedules Process During the Maintenance Window

• Refreshes Materialized View

Project Costing Data Compression


Approve Projects for Compression from the WorkCenter



Asset Lifecycle Management


Lease Data Import

Asset Interface Transaction Error Handling

Copy Asset and Preventive Maintenance Schedule in a Single Transaction

Enhanced Preventive Maintenance Schedule Updates en Masse

Transaction Comments and Attachments

GASB 87 for Lessees

Accounting for Exempt Leases

Fluid Approvals

Net Book Value Reporting for Operating Leased Assets

Mobile Asset Inspections

Integration with IoT Asset Monitoring

Fluid Asset Transactions

Disposal Worksheet Enhancements

Recent Enhancements

Simple Intelligent Automated



Fluid Asset TransactionsManage Asset Records On-The-Go

Submit custodial asset transfers and asset disposal requests for approval and further processing



GASB 87 for LesseesShared Product Functionality for Payables Leases

Leases that Transfer Ownership Leases Exempt from Capitalization



Mobile Asset InspectionsMinimize Asset Downtime and Spend

Collect and evaluate both qualitative and quantitative data about the condition of an asset

Utilize data for trend analyses, regulatory reporting, and to trigger maintenance events and alerts



Supply Chain Management &Supplier Relationship Management


ePro

Drop Zones

Requisitions using the Fluid User Interface

Chatbot to the ePRO Requester Inquiry Skill

PeopleSoft Enhancements Delivered

Purchasing

Comprehensive Supplier Portal

Purchasing dispatch process

Supplier Score Carding

Create and Copy Evaluation -two new options

Procurement Operations

Supplier Profile Question feature

Supplier Performance tile

Par Location Replenishment process through

Requisition Loader

PeopleSoftSCM & SRM

Supplier Contracts Management

DocuSign signature method for digital sign

Supplier Contract Fluid Approval –

allowing to view documents in PDF format.

DocuSign feature to allow attachments

Adobe Sign feature to allow attachments

to be embedded into Supplier Contract docs

Document authorization control

Other products

Strat Sourcing > Event Invitation Notifications

Out-of-the-box analysis Reports for

Item substitution

Par Location Replenishment process

Par Count search to clear the Location search

PeopleSoft India SIG 2020



Questions?

PeopleSoft India SIG 2020



Thank you