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The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any.

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Presentation on theme: "The following is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any."— Presentation transcript:

1 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 decision. The development, release, and timing of any features or functionality described for Oracles products remains at the sole discretion of Oracle.

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3 This presentation is for informational purposes only and may not be incorporated into a contract or agreement. Frederic Portal Product Strategy Manager PeopleSoft Payables 9.0 & Looking Ahead to 9.1 Ramakrishnan Balaji Product Strategy Manager

4 Agenda Release 9 Features for AP Financial Sanction Validation Support for Partial 224 requirements for FSIO Voucher/VAT Enhancements Mass Cancellation/ ACH pre-note Withholding Enhancements Digital Signature OBIEE 9.1 Feature Source Additional Resources

5 Sustainable Compliance Patriot Act – What Is It? Terms OFAC – Office of Foreign Asset Control SDN – Specially Designated National Financial Sanctions This presentation is for informational purposes only and may not be incorporated into a contract or agreement.

6 Sustainable Compliance Patriot Act Compliance Benefits Reduces exposure for business transactions with Denied Parties Avoid costly fines and possible prosecution

7 Financial Sanction Validation Feature highlights Interface to Sanction listing and inquiry Installation options to enable Financial Sanctions validation (bank or installation level) Push button to call validation when a single vendor is entered (vendor set control) Validate when voucher is saved and in pay cycle Run validation against vendor database ad hoc

8 Multiple Lists are Supported including -SDN & Blocked Persons -OFAC Sanctioned Countries, including Major Cities & Ports* -Department of State Trade Control (DTC) Debarred Parties -U.S. Bureau of Industry & Security (formerly BXA) - -Denied Entities List -Denied Persons List -FBI Most Wanted Terrorists & Seeking Information -FBI Top Ten Most Wanted -INTERPOL Most Wanted List -Bank of England Sanctions List -United Nations Consolidated Sanctions List -World Bank Ineligible Firms -European Union Terrorism List Management Screens to Review Downloaded Data Matches Flagged For Review Financial Sanction Validation Patriot Act Compliance

9 Automated process Financial Sanction Validation Setup and Process SETUPPROCESSES Vendor Bank Payment Installation Options

10 Invoice Approval Supplier Creation Invoice Creation Payment Matching Insure Compliance PROCESSES Financial Sanction Validation Process

11 Registering Seller (same as adding a vendor) Validate the name, address and remit vendor, If a potential hit identified: a warning message Suppliers status automatically set to Review Automatically update status to todays date Positive identification or clearing against a sanctions listing follows the same process as an AP vendor, it is set to block or cleared manually

12 Provide Mgmt Screens to Review Data OFAC SDN Review Pages Personalize Search Criteria Displays Details of What Was Loaded into PS Provide Search Screening Capabilities OFAC SDN Search API Application Class – Both Online and Batch Versions -Validates Names and Addresses -Returns Matches Flagged For Review Download New Lists on Regular Basis -No Regularly Scheduled Updates -No Notification When New List if Published Patriot Act Compliance Setup

13 Financial Sanction Validation Installation Options Financial Sanctions set- up is accessed from this hyperlink

14 Financial Sanction Validation Installation

15 Financial Sanction Validation Bank Information

16 Financial Sanction Validation Payment Selection Criteria

17 Financial Sanction Validation Vendor

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19 Financial Sanction Validation Voucher Processing

20 Financial Sanctions Validation

21 Financial Sanctions Under related pages you will find: Import Financial Sanctions List Financial Sanctions Inquiry

22 Validation Log

23 Voucher Mass Maintenance

24 Pay Cycle Manager

25 Load Financial Sanctions Data Navigate to Banking Financial Sanctions Import Financial Sanction List Make sure the File Path is accessible by the app server that is running this application. Run the IMPORT_FILES Application Engine to load the SDN data.

26 Load Financial Sanctions Data

27 Inquire Financial Sanctions Data Configurable Search interface to inquire the SDN data Ability to save Search Criteria for later use. SDN Type is a mandatory field to inquire.

28 Inquiry

29 SDN Search results

30 Providing a mechanism to identify AP cash reclassification transactions for Partial 224 reporting Added a voucher reference field on the Voucher – Payment page which is used to specify the relationship between old voucher (cancelled payment) and the new one Modified payment posting to populate a new Cash reclassification record with cash reclassification transactions New component that will allow maintenance of the new Cash reclassification record Deliver Best-in-Class Business Processes Partial 224 Incremental Requirements

31 Voucher and VAT Enhancements Feature highlights: Changes to Comments hyperlink Session Default available on Regular Voucher Page Copy down logic on distribution line Related document page on voucher page Sales/Use Tax summary page Additional links on Voucher/Payment Status Inquiry

32 Voucher and Vat Enhancements Voucher Comments Note: If comments exceed 254 the system issues a warning message

33 Voucher and Vat Enhancements Copy Option

34 Voucher and VAT Enhancements Session Defaults

35 Voucher and VAT Enhancements

36 Sales/Use Tax Summary Voucher and VAT Enhancements

37 Sales/Use Tax Summary Voucher and VAT Enhancements

38 Related Documents Voucher and VAT Enhancements

39 Document Status Inquiry Voucher and VAT Enhancements

40 Document Status Inquiry Voucher and VAT Enhancements

41 Document Status Inquiry Voucher and VAT Enhancements

42 VAT Enhancements Voucher and VAT Enhancements

43 Mass Cancellation/ACH Pre-note Feature highlights Ability to cancel/escheat/undo cancel multiple payments Similar look and feel as Voucher Mass Maintenance Specify ACH or EFT at the vendor location as the payment output Sent through FIN2025 or Financial Gateway Same processing steps as EFT pre-note ACH pre-notes can be sent to pay cycle from Expense Pre-notes will be processed for the following layouts (PPD, CCD+ and CTX )

44 Mass Cancellation/ACH Pre-note

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51 Review Mass Cancel Mass Cancellation/ACH Pre-note

52 Vendor Location Mass Cancellation/ACH Pre-note

53 Voucher Mass Cancellation/ACH Pre-note

54 Payment Selection Criteria ACH pre-note added Mass Cancellation/ACH Pre-note

55 Withholding Enhancements Feature highlights: Provide a new run control page (job) Provide a grid on Withhold Entity for handling multiple vendors in different Set ids Remove chart fields tab from the withhold entity Modify Procurement control, include chart field for withholding entity, type and jurisdiction Modify IRS tax output file name to include process instance, Withholding Control ID

56 Run Control Withholding Enhancements

57 Run Control Withholding Enhancements

58 Run Control Withholding Enhancements

59 Withholding Entity Withholding Enhancements

60 Procurement Control Withholding Enhancements

61 Procurement Control

62 Digital Signature Ability to process digitally signed invoices. Provides an option for the vendor to digitally sign an invoice. Upon receipt of the invoice, the customer can validate the signature. Digital signatures ensure authenticity, data integrity, confidentiality, provide an audit trail and support non- repudiation.

63 Agenda Release 9 Feature for AP Financial Sanction Validation Support for Partial 224 requirements for FSIO Voucher/VAT Enhancements Mass Cancellation/ ACH pre-note Withholding Enhancements OBIEE 9.1 Feature Source Additional Resources

64 PeopleSoft EPM 9 New Certification with Oracle BI Enterprise Edition Security Bridge and Logical Model (EUL) for Financials Warehouse will provide rich reporting for Advanced Cost Accounting, ESA, GL & Profitability, Accounts Payable, Real Estate, Accounts Receivable Greater Financial Insight

65 Agenda Release 9 Feature for AP Financial Sanction Validation Support for Partial 224 requirements for FSIO Voucher/VAT Enhancements Mass Cancellation/ ACH pre-note Withholding Enhancements OBIEE 9.1 Feature Source Additional Resources

66 9.1 Feature Source Feed back form AP User group Customers Sales / Presales GSC (ice) Analyst Market Trend, Competitors 9.1 Customer focused strategy

67 Continued Product Releases PeopleSoft Release 9.1 Ongoing adoption of Fusion technology components Integration to other Oracle products New enhancements including ongoing legal and regulatory updates Consideration for back-porting selective capabilities to prior releases which have a supported migration path to Fusion Solicit Feedback and Finalize PeopleSoft Release 9.1 Plan PeopleSoft Release 9.1 Updates of Integrations, Dashboards, and Web Services For Financial Management Applications Dashboards for finance users, operational insight Reduce time needed for period-end reconciliation Focus on procure-to-pay, streamline payments integration Streamline travel planning process Superior Ownership Experience – usability, enhanced error search and handling, performance improvements New features to support Public Services best practices Streamline front-office integration for Financial Services customers

68 Additional Information on 9.0 Statement of Direction, Release Value Proposition, Pre-Release and Release Notes on Customer Connection TOI Transfers of Information - Oracle University Advisor Calls – Oracle.com Datasheets – Oracle.com

69 A Q &

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