Presentation on theme: "Upgrade to R12 Now – The International and Multi-National Arena"— Presentation transcript:
1Upgrade to R12 Now – The International and Multi-National Arena Presented by:Marsha Edgell, BizTechThomas Simkiss, BizTech
2Upgrade to R12 Now – OAUG eLearning Sessions PresentationDatePresenterCompanyUpgrade to R12 Now – A Financials OverviewJul 19, 2012Lee BriggsUpgrade to R12 Now – A Deep Dive into General LedgerJul 26, 2012Mohan IyerUpgrade to R12 Now – The International and Multi-National ArenaAug 2, 2012Marsha Edgell/Thomas SimkissUpgrade to R12 Now – Improvements in Cost ManagementAug 9, 2012Douglas VolzUpgrade to R12 Now –Manufacturing and Order ProcessingAug 15, 2012Bob BullmanUpgrade to R12 Now – Realizing Enterprise Value with Projects R12Aug 23, 2012Mike LennonUpgrade to R12 Now – Round Table DiscussionAug 30, 2012Thomas Simkiss
3Thomas Simkiss – COO Oracle Applications Practice Lead Professional SummarySenior functional and technical consultant15 + years combined industry and consulting experienceRoles in over two dozen packaged software implementations, experience with business process redesign and SOX compliance reviews.Thomas is a CPA in NJ, and a member of the PA, NJ, and American Bar Association.Qualification SummarySpecific areas of Oracle knowledge include releases 10.7 through in Financials, Manufacturing, Project Costing and Billing, Discoverer, and Reports Developer, and OBIEE RPD development and deployment.UPK 3.1 through 11.xMobile:Website:Prior Experience:Project Experience:
4Lee Briggs, BizTech Director, Financials Management Practice 12 Years of experience as an Oracle Application implementation consultantOver 38 Full Cycle implementationsCoordinator of the ADI SIGOracle Certified Specialist in General Ledger and PayablesPrior Presentations at CollaborateXML Publisher – Taking Reports from Drab to Fab! Collaborate 08 & 09FSGs in Release 12: Since ADI Is Not Supported, How Do I Use BI Publisher? Collaborate 10Desktop Integrators – You Mean I Can Load Data Straight From a Spreadsheet? Collaborate 11Inter and Intra Accounting in R12 – A Deep Dive Collaborate 12
5Experience of multiple full life cycle implementations Subject matter expert in financial business process - with 25+ years of IT experience in design, development, implementation and process improvementAuthor of “Oracle E-Business Suite Financials R12: A Functionality Guide”,Experience of multiple full life cycle implementationsProject Management experience of leading at least 12+ projects to successful completionStrong experience in conducting workshops on business processesExperience (partial list)5
6Marsha Edgell Oracle Applications Specialist Professional SummarySenior functional consultant20 + years combined industry and consulting experienceRoles in over thirty packaged software implementationsExtensive experience with on-shore / off-shore resource management, coordination and hiringQualification SummarySpecific areas of Oracle knowledge include releases 10.7 through in FinancialsPMP CertifiedDirector of Global IT Operations in a multi-national organizationMobile:Website:Prior Experience:Renal Treatment CentersProject Experience:
7Douglas Volz Professional Summary Helping people use Oracle since 1990 for Cost Accounting and related Financials, Manufacturing and EAM modules.30+ years industry, design and consulting experience, specializing in the design, implementation and project delivery for Cost Management business solutionsSpecific areas of expertise include profit in inventory, inter-company, A/P accruals, multi-org inventory reporting, WIP analysis, inventory reconciliation and margin analysisPresenter at Collaborate (OAUG) and UKOUG since 1996Multi-national experience in twelve countriesQualification SummaryFormer co-designer for Oracle Cost ManagementLead the OAUG Cost Management Special Interest GroupPrior Accounting and Cost Management industry experienceSample Project Experience:
8Bob Bullman Oracle Applications Practice Director Professional Summary:Professional Supply Chain Consultant (15+ years implementing Oracle Applications)Held multiple management positions at Oracle with in the Application’s groupAdvanced Planning and Distribution optimization expertR12 Solution Architect ( Manufacturing, Order Management, and Service )Techno-Functional consultantQualification Summary:APICS Certified at the Fellow levelPrior certification in Oracle Manufacturing and Supply Chain modulesBachelors Degree in FinanceProject Experience:Full suite R12 Financials, Order Management, and Manufacturing, including VAT taxationImplemented many other R12 and 11i installs, as well as prior version of Oracle including CRM (E-Bus only)Presented at many different types user groups and professional organizations (APICS, OAUG)Designed and coded many extensions to the E-Business suite, as well as performed numerous data conversions.
9Mike Lennon, BizTech Newborn (Griffin) & Golf Managing Partner & Projects Practice Lead15+ Years of experience as an Oracle Application Implementation ConsultantOver 50 Full Cycle implementationsPrior OAUG Presentations:Using HR & Projects – Capture Resource Time & Expense (CWK Flow)Implementing FA Book SecurityTransforming E-Business Strategy into PracticeDeploying WorkFlow.Financial Processing and Reporting Made Easy with ADI.Newborn (Griffin) & Golf
10Building a Business Case To Upgrade Plan| The Right StrategyBuilding a Business Case To Upgrade
11R12 Upgrade Key Questions … Would you like to reduce reliance on IT staff for report creation?Are you satisfied with the number of days it takes to close at period end?Do you have a large number of sets of books?Do you want to improve reconciliation and reporting at period end?Would you like to increase the efficiency of your tax and payment processing?Are you required to maintain multiple accounting representations?Would you like auditable and transparent accounting entries accessible with full drilldown?Would you like to gain efficiency with processing and reporting across operating units?Would you like to implement shared service centers?Now that I see where most of you are at release wise and better understand your upgrade plans, I’d like to start by getting you thinking about your current implementation and where you might see opportunities for improvement.Here are a few questions that I’d like you to think about….if you were able to answer yes to at least 3 of these 9 questions, I think you should look more closely at E-Business Suite Financials Release 12.1111
12Why Upgrade to R12 Straight Talk from Customers “We have 60 sets of books and see tremendous efficiencies with running processes across these sets of books using Ledger Sets.”“Ability to issue one payment instruction to the bank for payments of invoices in multiple operating units was viewed as a huge benefit from the user community.”“Multi-Org Access Control (MOAC) will definitely reduce the workload and the number of people performing process related tasks. The users are very excited and the benefits of MOAC were readily visible to them.”“The ability to access multiple operating units with a single responsibility can simplify SOX compliance monitoring.”“The functionality offered with Advanced Global Intercompany System (AGIS), specifically the creation of physical invoices to be created for I/C transactions in Payables and Receivables eliminates many customizations in this area.”Customers have seen Release 12 through Customer Advisory Boards, Strategy Council meetings, and this is what they’re saying…“Centralization of subledger accounting rules would minimize set up and maintenance, providing greater financial control, and enforcing a consistent approach for true global accounting.”“Banks, taxes, payments, and accounting – everything that becomes centralized will bring tremendous efficiencies to our organization.”12
14Continued Release and Innovation ReleasedMajor ReleaseEBS 11i10EBS R12EBS R12.1EBSEBSMinor Release20042007200920102011Within Oracle’s Application Strategy is Applications Unlimited, which was introduced over two years ago. Applications Unlimited is part of Oracle’s overall Application Strategy by committing to continue developing existing product lines, providing continuous value to our customers.As part of Applications Unlimited, we started with Release 12 and delivered the Global Business Release in early Release 12 really establishes a global foundation for the future.Release 12.1 is proof of our commitment to continue delivering value to E-Business Suite customers builds on the global foundation established in Release 12, and focuses on bringing innovation across E-Business Suite solutions and lowering the overall cost of our customer’s ownership experience.And our goal is to continue enhancing E-Business Suite through ongoing consumable low upgrade cost “point” releases.Financials, TechnologyProcurement, HCM, Service, SCM, Projects, Financials, Technology, MDMFunctional Innovation
15E-Business Suite Release 12.1 Focus on Opportunities to Achieve Rapid ReturnInvest in Ways to Standardize and Simplify with a Global Business PlatformKEY MESSAGE: With Release 12.1, we look at E-Business suite in two different ways.One is the opportunities to achieve rapid return. Feedback from CIOs is that they’re often looking for investments that will have a 6-9 month payback in this environment. So, we’ll highlight the capabilities in the E-Business Suite that answer the needs that come up in that type of conversation.There’s also an ongoing need that companies have to standardize and simplify, either because of cost pressures or because of merger and acquisition activity. Organizations today can’t afford the luxury of having redundant, duplicative or inefficient systems with expensive integrations. So the opportunity to standardize and simplify on a common platform is a way to eliminate costs and be more efficient in this environment.So, there are opportunities that involve the entire E-Business Suite, a global platform at the 12.1 level which is around standardizing and simplifying and a number of opportunities that offer point solutions or rapid return solutions based on the 12.1 level of functionality.
16Greater Control, Increased Flexibility WHAT’S NEW IN 12Ledgers and Ledger SetsRules-based Accounting EngineUnified Bank Account ModelCentralized PaymentsGlobal Tax EngineGlobal Intercompany SystemLegal EntityOperating UnitsUNIFIED BANK ACCOUNT MODELCENTRALIZED PAYMENTS ENGINEPayments EngineFunds Capture and DisbursementRESULTSFaster, simpler period end processingEasily meet local accounting requirementsStreamline intercompany trading and reconciliationAdapt quickly to regulatory changesMore productive shared service centersKey Message: Major architecture changes were made to centralize how accounting, taxes, and payments are handled in Release 12, by offering sophisticated, robust, flexible, rules-based engines, processes and repositories. This functionality was essentially removed from all of the subsystems and centralized to provide a great deal more control, efficiency and flexibility, ultimately enabling organizations to achieve a lower TCO.Multiple Ledgers represents the new and improved ledger architecture that directly supports faster, simpler period end closing.Sets of Books have been replaced by Ledgers within Ledger Sets.A ledger, is specifically the general accounting for a company. Now, opening and closing, calendar management, and reporting move to the Ledger Set rather than the individual ledger. And: you can write accounting adjustments across the ledger set, and the results will be posted into the individual ledgers.Centralized Architecture includes a rules-based accounting engine, unified bank account model, centralized payments and global tax engine, as well as, improved global intercompany capabilities.This centralized architecture allows you to not only centralize core functions but also creates standardization across the enterprise. This centralized architecture offers greater control in 5 areas: new legal entity construct, an extremely powerful accounting engine for all subsystem accounting, a new bank and payments module, a very powerful global tax engine, and a robust intercompany systemONE GLOBAL TAX ENGINECentrally managed rulesConsistent tax servicesTax Determination ProcessRegimeApplicable TaxesTax Status, RateTaxable BasisTax Calculation
17A Deep Dive into General Ledger “Legal Entity”Chart of Account qualifiersData Access SetsLedger SetsSub-ledger Accounting (SLA)Report ManagerWeb ADIConsolidation - Chart of Accounts Mapping
18Legal Entities What Why Where A Legal Entity is an association, corporation, partnership, proprietorship, trust, or individual that has legal standing in the eyes of lawA legal entity has a legal capacity tointo agreements or contracts, assume obligations, incur and pay debtsWhyModel the legal structure independently of operational structure and accounting structureAllow mapping of legal entities toAccounting Structure – Ledger and balancing segment valuesOrganizational Structure – Operating UnitsIdentify legal entity on transactions to enable compliance and supportLegal Reporting – with a plethora of BI Publisher reportsCalculation of Taxes – in the new rules based tax engine (EBTax)Intercompany – using the Advanced Global Intercompany SystemWhereA Legal Entity is required in E-Business Suite tax to manageA legal entity is created – the first step - in the new Accounting Setup Wizard; and will be part of the Accounting structureThe legal entity will be associated with the ledgerBank Accounts (owns bank accounts)Advanced Global Intercompany System (owns transactions)E-Business Tax (owns tax registrations/regimes)
20Chart of Account – New Qualifiers Secondary tracking segmentAllows to manage Cumulative Translation Adjustment, Retained Earnings and Gain/Loss accounts for a combination of the balancing and a secondary segmentIntercompanyAllows for automatically balancing transactions between balancing segment values, both intra- and inter-company (across legal entities)Management segment (R12)Allows securing data for reporting by values in a specific segment (qualified as Management Segment)
21Ledger and Data Access Sets Ledger SetsCan be used to group ledgers into a single bucketLedgers MUST haveSame Chart of AccountsSame Calendar and period type combinationProcesses that can be performed in unison on a ledger setOpen/Close periodsRevaluation and TranslationRecurring JournalsInquiry and Reporting
22Web ADIA new framework has been created to enable integration with data creationThis new framework allows data integration with any Oracle productOnly few products have pre-delivered solutions (FA, GL, HR, etc..)You can create one for AP or SLA or any other productThe Web ADI is faster and only allows data entry – no reporting
23Report ManagerReplaces the capability to generate FSG reports in Desktop ADIHas additional functionality than what was available in Desktop ADIReport Managercan store reports output in the database as a static sourceallows access security to be managed within the reports repositoryallows access to reports via a menu “function”allows similar reports to be stored with a “period” identifier
24International and Multinational Enhancements Subledger AccountingSecondary LedgersAdvanced Global IntercompanyGlobal FinancialseBusiness TaxPayments
25Subledger AccountingRules based accounting engine allows for multiple representations of the same transactionPayables invoice in Europe accounted inUS GAAPFrench Statutory Chart of AccountsIFRSSecondary ledgers support currency and historical reporting needs
26Advanced Global Intercompany Streamline Intercompany trading, billing, and payments across ledgers and currenciesAllows compliance with local regulationsTreat intercompany transactions as “arms length” with AR and AP InvoicesPurge rejected transactions. Preserve database space
27Financials for EMEA Payables Turnover Report Supplier Statements Receivables Aggregate VAT StatementCustomer StatementsRegional Cash Desk ReportAccount Analysis ReportAccount Analysis Detailed ReportingEnhanced Statutory Report Extracts for ItalyThe following Oracle Financials for EMEA reports have been re-written utilizing the Business Intelligence Publisher (BIP) tool. BIP based reports offer greater flexibility to end users in changing report layouts and formats.
28Financials for India Enhanced Tax Support Retroactive Pricing Support Fringe Benefit Tax SupportInclusive Tax SupportTax Information on Purchase Order Workflow Notification for IndiaReassessing Service Tax on Receipt of Foreign Payments for IndiaDisplay of Value Added Tax (VAT) Invoice Number in Receivables Transaction Workbench for IndiaRetroactive Pricing SupportPayables Invoices Support for IndiaAdvanced Pricing Support for IndiaFringe Benefit Tax (FBT) was introduced in India as part of Budget , to tax specific employee expenses not treated as individual income.Oracle Financials for India now supports the setup, calculation, accounting and reporting of inclusive taxes for payables and receivable transactions.Oracle Financials for India now supports tax calculation for unmatched payables invoices. A new window is available to manage India taxes on unmatched invoices.Oracle Financials for India now allows users to calculate excise and VAT assessable values based on the advanced price list.Oracle Financials for India enables computation, payment, tracking, and statutory reporting of Fringe Benefit Taxes on non-payroll expenses.
29eBusiness Tax Financials for EMEA Financials for India Taxes in Payables may be changed from Exclusive to Inclusive on the flyGreater support for VAT recoveryGolden Tax Adaptor Enhancements for Mainland China
30Payments Single Euro Payments Area (SEPA) Support Banks are owned by Legal EntitiesPayments across operating units supported via MOACSingle Euro Payments Area (SEPA) SupportThe Single Euro Payments Area (SEPA) guidelines require that credit transfers be executed using standard SEPA Credit Transfer initiation messages. These are XML messages generated as per the ISO framework and conforming to SEPA credit transfer schemes negotiated with banks.<Product Name> <TOI Functional> - 3030
32R12 Multi-Org Access Control Mostly affects “operating unit” level functionsAllows you to access information across multiple operating units without changing responsibilitiesSet up a security profile listing the operating units to accessRun Security List Maintenance concurrent programAssign the security profile using the MO: Security ProfileSetup-The set up for MOAC is done after you define your operating units. First you must define a Multi-Org Security Profile in the HRMS Manager Responsibility and assign operating units to the profile. Next, you run the Security List Maintenance program which compiles the profile. Then the Security Profile is assigned to the desired responsibility or user using profiles options. The security profile name is MO: Security Profile
33Oracle Discrete Costing and SLA Flexible variance account recognition for:Invoice price and purchase variancesAverage cost adjustmentStandard cost adjustmentManufacturing variancesAccount aliasesFreight chargesMost other inventory, manufacturing and related account entriesSubledger Accounting is a new feature in R12 and is a rules-based accounting engine that contains a repository of pre-delivered and user defined rules. These rules tell the engine how it should account for transactions. You can use any attribute on the material transactions table to redirect the accounting. It is a centralized engine so it comes with all methods of accounting such as Encumbrance and Federal accounting, and allows support for Multiple Currencies at the subledger level.
34COGS Recognition In R12 customer shipment entries go to deferred COGS Revenue and COGS are explicitly matchedAR: “Autoinvoice” & “Revenue Recognition Master Program”CST: “Inventory Cost Processor” or “Record Order Management”CST: “Collect Revenue Recognition Information”CST: Then “Generate COGS Recognition Events”New Accounting Entries to clear deferred COGSUse the COGS Revenue and COGS Matching ReportSubledger Accounting is a new feature in R12 and is a rules-based accounting engine that contains a repository of pre-delivered and user defined rules. These rules tell the engine how it should account for transactions. You can use any attribute on the material transactions table to redirect the accounting. It is a centralized engine so it comes with all methods of accounting such as Encumbrance and Federal accounting, and allows support for Multiple Currencies at the subledger level.
35COGS Recognition – Accounting Entries New Accounting Entries to clear deferred COGSUse the COGS Revenue Matching ReportDeferred COGS“True” COGSInventory1. Customer Shipment10102. COGS Recognition1010Subledger Accounting is a new feature in R12 and is a rules-based accounting engine that contains a repository of pre-delivered and user defined rules. These rules tell the engine how it should account for transactions. You can use any attribute on the material transactions table to redirect the accounting. It is a centralized engine so it comes with all methods of accounting such as Encumbrance and Federal accounting, and allows support for Multiple Currencies at the subledger level.
36Inventory Value Reports “As Of Date” Four major reasons for month-end inventory-out-of-balancesSharing system accounts leading to poor or no ability to reconcileUsing the same offset account as valuation on miscellaneous inventory transactionsManual journal entriesHaving poor month-end cut-offProper System Setup Fixes the first three (setups and G/L security rules)Now Inventory Value Reports have an “As Of Date” so you get accurate month-end valuation reportingSubledger Accounting is a new feature in R12 and is a rules-based accounting engine that contains a repository of pre-delivered and user defined rules. These rules tell the engine how it should account for transactions. You can use any attribute on the material transactions table to redirect the accounting. It is a centralized engine so it comes with all methods of accounting such as Encumbrance and Federal accounting, and allows support for Multiple Currencies at the subledger level.
37A/P Accruals Perpetual A/P Accruals are Completely Rewritten Monthly load into summary tablesExcellent detail and summary reporting (same report/two templates)A/P Accrual write-offs go to your G/LWorks right out of the box!Period End Accruals:Calculate Accrual Balances at PO Distribution LevelPeriod-end accrual entries stored in a separate accounting table and automatically reversed in the new monthUninvoiced Receipts Report and Period-End Accruals use same underlying code / same resultsChallenges with R12 Perpetual A/P AccrualsOnly shows your net position, only remaining balancesMust reconcile month-by-month, cannot go backCan be difficult to identify reconciliation issuesIntercompany A/P Accruals are now on the Miscellaneous A/P Accrual Reconciliation ReportSubledger Accounting is a new feature in R12 and is a rules-based accounting engine that contains a repository of pre-delivered and user defined rules. These rules tell the engine how it should account for transactions. You can use any attribute on the material transactions table to redirect the accounting. It is a centralized engine so it comes with all methods of accounting such as Encumbrance and Federal accounting, and allows support for Multiple Currencies at the subledger level.
38R12 Manufacturing and OM Engineering (same approvals) Capacity Mfg. SchedulingPO ReceivingBills and Routings
39Update Material Control in Common Bills While retaining a common BOM relationship, users can update the following attributes at the org level:Operation SequenceWIP Supply TypeSub-InventoryLocatorInclude in cost roll-upBenefits:Facilitates standardization by deploying common bills while enabling typical organization overrides
40Inventory Material Status Defining Picking Rules Used for Lot control before QA Approval is complete you can not reserve a lot.Defining Picking RulesUsed to only be one for shipping and Discrete Job picking.Now you can have many!OPM Inventory Convergence
41Material StatusMaterial Status control restricts the movement and usage of portions of on-hand inventory.Using material status control enables you to control whether you can pick or ship an internal order or sales order, or issue material for a work order. You can also specify whether material needs to be quarantined until you inspect it.In addition, you can determine whether products with a particular status can be reserved, included in available to promise calculations, or netted in production planning.You assign material statuses at four levels: subinventory, locator, lot, and serial.41
42Enhanced Picking Rules You can create picking rules that enable you to sort picks based on criteria that you define for sales orders, process manufacturing batches, or work in process jobs.Oracle Inventory reviews the picking criteria order and the options for each criterion.42
43Purchasing/MRP Auto-Approval Tolerances for Change Orders This one is long overdue, still creates new revision.Changing dates when not using iSupplier can be very time consuming and most often didn’t require approval.Buyer Work CenterHTML PO Summary and change without so many levels.Easier user interface with all a buyer needs in one html form – Auto-create PO, create and query PO’s and blanketsRescheduling of PO from ASCP Works well for Planner/Buyer role (i.e. the planner for an item is the buyer too)PI Publisher used for PO layout.
47Item Order-abilityBusinesses need to be able to order specific products depending on specific customers. Instead of being able to view and select all items for all customers in the sales orders window, you can now restrict the item list based on customer and other related criteria.If the value of the profile option OM: Use Materialized View for Items LOV (Honours Item Orderability Rules) is set to No, then the Ordered Items LOV lists all the items of the item validation organization of the current operating unit. This doesn't consider the defined item orderability rules, however if there is a defined rule that prevents the item from being ordered, then an error message is displayed during the saving of the order. You will not be able to save the order.
48Installed-BaseEntirely new HTML user interface...dramatically improved functionality“ to be virtually unusable in it’s former state”Increased integration across Service Contracts, OM and Field Service allowing easy instance creation, update and transfer
49Oracle Projects 12.1.1 New and Enhanced Functionality Enhanced Reporting Options and CapabilitiesValidate Project & Assignment DatesImproved Workplan UsabilityEnhanced Budget and Forecast UsabilitySubcontractor Payment ControlsStronger Resource Planning CapabilitiesGreater Control on Services SpendStreamlining Cost Adjustment ProcessingAdjusting to Contract ChangesReimbursable Agreement ProcessingThis is a sample list of the new features in R While it’s certainly not all of the features we’ve released it is a highlight of some of our highest profile enhancements.In the interest of time today I will only touch on a few of these items but there will be other opportunities later that will provide more detail on these and all of the other enhancements that we’ve done. Later I’ll also show you where you can find more information.<Product Name> <TOI Functional> - 4949
50Project Managers Reporting Pack Reporting Capabilities Access information in disconnected modePre-seeded with several useful reports that can be customizedConfigure the report layout and dataSchedule the creation and distribution of reportsChoose from various types of report output optionsKey Benefits:Allow managers to stay “in the know while the go”Simple interface to create and modify reports means less specialized skills requiredWith Project Managers and Executives constantly on the go they aren’t always able to access the system to get information required about their projectsXML based report templates speed the time to create reports while allowing customization of the data presentedConfigurable delivery recipients means the right people get the right information when they need it<Product Name> <TOI Functional> - 50
51Integrated Services Procurement Greater Control over Services Spend WHAT’S NEW IN 12.1Many to Many relationship between HR Assignment and Purchase OrderProject Distribution based on Timecard EntriesRESULTSLower costs overall in services spendingHelps enforce policy complianceEnhance cash flow by reducing time delays in transaction processingAnother new feature in 12.1 is Greater control on Services SpendLower costs overall in services spendingHelps enforce policy complianceEnhance cash flow by reducing time delays in transaction processingTwo main capabilities were introduced…Increased Control and Visibility for Multi-Funded Contingent WorkersPrior to this release, the automated transaction flow was only supported when contingent workers were funded by one and only one purchase agreement. With this release, the transaction flows have been enhanced to support multiple funding sources.Simplified Procurement for Multi-Purpose Contingent WorkersPrior to this release, Project Costing required you to define the allocation of funding across projects when entering the purchase order. With this release, Services Procurement and Project Costing now have the ability to allocate funding based on time and expense entry. You are no longer required to estimate allocations during purchase order entry and therefore are no longer required to adjust the estimates as work occurs reducing purchase order maintenance and making it easier for workers to report their time accurately.51
52Enhanced Usability to Plan & Control Planning Generate forecast using planned valuesIn the Generation Options page, select “Copy ETC from Plan”You can only enable the new option whenPlan Type is “Cost Only”Time Phasing is enabled in the ‘Plan Settings’ pageTask Level Selection is enabled on the Edit Planning Options pageEither “Financial Plan” or “Work plan Resource” is selected as the ETC Source in the Edit Planning Options pageChange Document and Open Commitment are not enabled in the Generation Options pageYou can now generate forecast using planned values.In the past customers had to choose a spread value to apply to a forecast of work. Now they can manually enter the work contour for a task and have the forecast honor those manual entries.
53UI Improvements Better User Experience New Favorites MenuNew Navigator MenuNew Home PageCross Project Work ListsNew Hover and Pop-up WindowsImproved UsabilityReduced the number of steps to complete tasksImproved overall look & feelUptake of Fusion technologyIncreased personalization capabilities53
54UI Improvements Sample of hover over pop-up Hover your cursor on Project Number in the project list table to view project details5454
55Make Better Decisions with Greater Insight Project Analytics WHATComplete solution for project business lifecycle reportingRole-based best practices provide relevant and actionable insightHOWActionable insight for improving project portfolio performanceTrack project/program performance and control project costsComplete insight into project revenue, billing and profitabilityRESULTSImprove cash flowOptimize resource utilizationAccelerate deliveriesLower operational costsImprove marginsReduce project and financial riskAnother new product area in the OBIA release is Project Analytics. This set of analytics and dashboards give you the information you need around revenue, billing, profitability, utilization, margin analysis, all the things you’d be interested in with a projects-based organization.Designed to track performance throughout the project life cycleRich solution covering Project Agreements, Funding, Budgets, Forecasts, Cost, Revenue, Billing, Profitability, Financials Performance TrackingSupport for all types of Projects (Contract, Capital and Indirect)Leverage common enterprise information model to integrate with other modules: Financials, Procurement, Supply Chain, etc.Equipped with Foundation Intelligence Library for ProjectsCertified with:PeopleSoft Enterprise v8.9 and v9.0Oracle E-Business Suite v11i10 and R12Other sources through Universal Adapters
56Oracle Project Analytics Better Manage Projects and Improve Profitability ANALYSIS & METRICSBENEFITSFunding and BudgetsMore timely, informed decisions at all levels of the Project organizationControl Project costs before they impact Project profitabilityMaximize cash flow with better insight into payables, commitments and billingsControl the risk of overall project portfolioControl the budgets and Improve the profitabilityIdentify at-risk projects and initiate corrective actionsEmpower project team with the ability to manage projects betterProject CostProject Revenue and BillingProject ProfitabilityAgreement AmountBaseline AmountAllocated AmountOriginal Cost BudgetCurrent Cost BudgetOriginal Revenue BudgetCurrent Revenue BudgetForecast Cost BudgetForecast Revenue BudgetITD, QTD, YTD MetricsBurdened CostBurden CostRaw CostEquipment CostEquipment EffortsPeople CostPeople EffortsBillable CostNon-Billable CostITD, QTD, YTD MetricsRevenue AmountRevenue QuantityUnbilled ReceivablesUnearned RevenueInvoiced Amount# of Approved InvoicesRetention BilledRetention WithheldWrite-off AmountITD, QTD, YTD MetricsMarginMargin-ITDMargin PercentMargin Percent -ITDForecast MarginMargin ChangeCost VarianceForecast Cost VarianceETC Burdened CostETC Revenue56
57Role-Based Best Practices Provide Relevant and Actionable Insight for Everyone Project Analytics – Key Objectives and Questions by RoleProject ExecutivesActionable Insight for Improving Project Portfolio PerformanceWhat are my top 10 profitable projects?What are At-Risk projects?Which organization is doing better?What is the overall health of my project portfolio?How is my cash flow? How do I Improve?Where do I invest more?Project andProgram ManagersTrack Project / Program Performance and Control Project CostsWhat is the overall health of my project/program?What is my cost variance? Where I am spending more?How do I optimize the project resourcesHow well am I meeting the project goals and stakeholder expectations?Project AccountantsComplete Insight into Project Revenue, Billing and ProfitabilityWhat is the total agreed amount from the contract for a project?How much of the funding amount has been billed?What is the current and expected profitability based on the current statusHow much backlog was lost and which projects were responsible for this?How do current billings compare with billings from the previous period?How many invoices pending for approval?