october 3rd, 2017 oracle financials cloud with oracle ... · pdf file• we have the end...

© 2017 Cognizant

© 2017 Cognizant

October 3rd, 2017

Oracle Financials Cloud with Oracle Planning and Budgeting Cloud

Session ID: CON3637

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Speaker : Kavitha Krishna

© 2017 Cognizant 2

Oracle’s Cloud and other technologies play a critical role in supporting your digital transformation initiatives

• We are a long term, award winning Oracle partner.

• A proven leader in digital transformation.

• More than 200 successful projects using the Oracle Cloud.

• We have the end-to-end, best practice services, backed by deep industry expertise needed to deliver successful solutions for our clients across: Oracle HCM, ERP, SCM, CX, PaaS and IaaS.

Welcome to OOW ’17 - About Cognizant-KBACE

© 2017 Cognizant 3

Agenda

CONTENTSIntroduction to Oracle Integration Services: Oracle PBCS to Oracle Cloud Financials

Technical Insight and Process Flow: Budget & Actual Balances

Customer Implementation Experience

Reporting Capabilities Achieved

Cognizant’s Value Proposition

© 2017 Cognizant 4

Oracle Financials Cloud out-of-box integration with Oracle Hyperion Planning and Budgeting Cloud Service(PBCS) facilitates sharing of budget and actual balances between these systems.

PBCS delivers functionality of Hyperion Planning application in SaaS model.

Enables implementation of budgetary controls in Financials for budgets shared via PBCS

Facilitates transparency and efficient financial reporting capabilities

Introduction to Oracle Financials Cloud Service along with Oracle PBCS

© 2017 Cognizant 5

Integration Overview

Oracle PBCS Oracle General Ledger

Dimension MetadataChart of Accounts and

Hierarchies

Actual Balances

Budget Amounts

Refresh Cube

Run Business Rules for Aggregation

Actual Balances

Budget Amounts

1Extract

2Import

3

4ExtractImport

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6

Extract Import7 8

© 2017 Cognizant 6

Transfer of Budget Balances from PBCS to General Ledger

© 2017 Cognizant 7

Technical Mapping: Budget Balance TransferCreate Target

Application for GL

Create an Import Format

Create Location

Create Period Mapping

Create Data Load Mapping

Budget Name Mapping

Ledger Mapping

Create Data Load Rule

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2

3

45

6

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Oracle PBCS and Oracle Financials Cloud are generally maintained on separate instances

The PBCS Essbase cube is different from the Financials cube. The Master data is maintained in these individual respective cubes

This integration will enable sharing of budget & actual balances between these cubes

© 2017 Cognizant 8

Process Flow: Budget Balance TransferStep 01 : Execute the Data Load Rule in Oracle PBCS

© 2017 Cognizant 9

Process Flow: Budget Balance Transfer (Cont..)Step 02 :You can view the results of the request from the Process Details page.

Select Process Details from the Tasks menu bar.

© 2017 Cognizant 10

Process Flow: Budget Balance Transfer (Cont..)Step 03 : View Uploaded data in ERP


Transfer of Actual Balances from General Ledger to PBCS

© 2017 Cognizant

Data Management : Configure Source Connection as GL

Data Management : Configure Target

Application as PBCS

Define Import Format

Create Location

Create/Assign Period Mapping

Create/Assign Category Mapping

Create Data Load Mapping

Create Data Load Rule

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Oracle PBCSOracle Financial Cloud

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Technical Mapping: Actual Balance Transfer


Process Flow: Actual Balance TransferStep 01 : Submit the ‘Trial Balance’ in Oracle Cloud General Ledger


Process Flow: Actual Balance Transfer (Cont..)Step 02 :Execute the Data Load Rule in Oracle PBCS


Process Flow: Actual Balance Transfer (Cont..)Step 03 :Review the Data Loaded in Oracle Data Management


Process Flow: Actual Balance Transfer (Cont..)Step 04 : Confirm and Export Data for upload to Oracle PBCS


Process Flow: Actual Balance Transfer (Cont..)Step 05: Verify the data loaded in Oracle PBCS

Drill Down to Source Balance in Oracle Cloud GL


Process Flow: Actual Balance Transfer (Cont..)Step 06 : The Loaded data could be also reviewed in Smartview Reports


What is Supported

Existing ERP systems (On-Cloud & On-Premise) can be integrated with Oracle PBCS

For existing Hyperion Planning Customers, PBCS supports upgrade from R11.1.2.1 directly into the Cloud-based application

Drilldown from PBCS to Source System

Data Refresh & Retrieval in Excel Spreadsheets maintained on local machine via Smart View

Data Refresh & Retrieval in Financial Reporting Studio Reports


Oracle ERP Cloud-Led Finance Transformation for an Australian Chain of Restaurants

PROJECT HIGHLIGHTS

450+ stores across 8 states and 40districts in Australia

BUSINESS REQUIREMENT

Replacement of legacy systems & manual processes with a solid ERP system

Dashboardsfor Analytical

views

Decreasemanual data

input & processing time for period close

Improve existing Finance and Accounting

processes

Turnkey approach to improved third-party interactions and retention

TECHNOLOGY PLATFORM

Implementation ofOracle ERP Cloud R11 and Oracle PBCS

Integration usingOracle SOA Cloud Service (including Oracle MFT Cloud Service)

SOLUTION HIGHLIGHTS

Turnkey approach to Project Management

“One to Many to One” enterprise structure,design and implementation

30+ Financial Reporting Center reports from ERP and PCBS

50+ integrations

Unified Architecture across application landscape

BUSINESS BENEFITS

POS integration time reduced from 13hours to 1 hour

Automated planning and budgeting enabling faster decision making for store managers

15% savings on cost leakage Automated PO transmittals and Invoice Entry by EDI interfaces

10% overall reduction in time required to set up new stores and with better cost control

© 2017 Cognizant

Solution Integration ArchitectureSN From To Interface Name1 POS MMX Financials POS Data to MMX

2 MMX Fin Oracle Cloud General Ledger

Daily Sales data MMX to OFC GL

3a Micros POS MMX Fin Franchise Sales Data

3b MMX Fin SAP BO Franchise Sales Data

3c SAP BO Oracle Cloud Account Receivable

Franchise Sales data from MMX to OFC AR

4 Vendors Oracle Cloud Payables Invoice / Credit Note

5 MMX Order Mgmt Oracle Cloud Payables Credit Notes

6 MMX Order Mgmt

Oracle Cloud Purchasing

PO from MMX to OFC PO

7 MMX Order Mgmt

Oracle Cloud Purchasing

PO Cancellation from MMX to OFC PO

8 Oracle Cloud Purchasing Vendors PO

9 Vendors MMX ASN

10 MMX Order Mgmt

Oracle Cloud Purchasing Receipts

11 Oracle Product hub MMX Order Mgmt Inventory Definitions

12 Oracle Product hub MMX Order Mgmt Sales Item Master/

POS Item mapping etc

13 Oracle Cloud Inventory MMX Master Data Supplier/ Locations /

Inventory

14 SAP BO Objects MMX Employess Time and Attendance Report

15 SAP BO Objects MMX Employess Leave Report

16a HR System SAP BO Object Employee Data

16b SAP BO Object MMX Employees Employee Data

17 Payroll File System MMX Employees Time and Attendance

MIF

21

Macromatix (MMX)

MMX Financials interfaces

MMX Order Management

interfaces

MMX Master Data

General Ledger

Receivables

iExpense

Projects

Purchasing Fixed Assets

Payables

Cash Management

Oracle Cloud

Inventory

Product Hub

STM POS

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2

4

5

6

7

8

Vendors

Vendors

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Payroll File System

MMX EmployeesSAP BO Objects

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15

14

SAP BO Objects

Micros POS

3a

HR System

16a

16b

3b 3c

PBCS


Key Challenges and Cognizant’s Solution

Lack of standard business processes Established common business processes resulting in improved financial consolidation and reporting

Critical reports tracked on spreadsheets via manual create and update process

Built FRS, Smart View Reports. Enabled personalized views on Account Balance and Monitor to track and report. E.g.: balance sheet, tax calculation reports, critical budget accounts

Multiple, disparate systems for various operations Financials and other ERP solutions were brought under Oracle Cloud solution. Seamless integrations built from/to Oracle Cloud with third-party applications for data sharing

Meeting timelines and solution agreements with financial institutions for integrations

Payment transfers and bank statement import processes were automated. CTS SMEs worked with the bank and arrived at industry best-in-class solutions


Cognizant Value Adds

Development of customized Financial Reporting Studio Reports, Smart View Reports

Deployment of Oracle certified and trained cloud consultants with rich industry experience

Leveraged Cognizant’s partnership with Oracle to identify and help fix issues faster

Use of Cognizant’s Centre of Excellence Tools & Solution Accelerators for arriving at best-in-class solutions and bug free code

Effective stakeholder involvement and communication to ensure program success


Customer Reports : FRS, SmartViewFinancial Reporting Studio : Variance Analysis Report


Join our leadership at our Digital Innovations Center @ JilliansRequest a meeting now at http://cogniz.at/oow17

Jillian's San Francisco 175 Fourth Street

San Francisco CA 94103415.369.6100

Across from Moscone WestTo download this presentation visit

this page after the show:http://cogniz.at/oowKK

Join us at Jillian’s and receive an Ebookversion of “What to do When

Machines Do Everything”, by Malcom Frank, Ben Pring, and Paul Roehrig

http://cogniz.at/oow17

october 3rd, 2017 oracle financials cloud with oracle ... · pdf file• we have the end...

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