<Insert Picture Here>Account Reconciliation ManagerIvana SodanoMaster Principal Sales Consultant
Agenda      • Il processo di Financial Close      • Introduzione ad Account Reconciliation Manager      • Overview della s...
Qualità, Precisione e Rapidità           Financial Close                                                      Common Inter...
Close Process and Key Activities           Accounting Reconciliations                                                     ...
Close Process and Key Activities           Accounting Reconciliations                               Move Data             ...
<Insert Picture Here>  Le Riconciliazioni ContabiliCopyright © 2012, Oracle and / or its affiliates. All rights reserved. ...
FCM Account Reconciliation Manager              FCM Account Reconciliation Manager                Prepare                 ...
Due differenti tipi di riconciliazioni      • OPERAZIONALI              •   Riconciliazioni quotidiane dei punti vendita  ...
Account Reconciliation Manager           cosa non è           • Non è un sistema di riconciliazione operazionale (es.     ...
Account Reconciliations Manager (ARM)           Period End Account Balance Preparation      • Le riconciliazioni contabili...
Account Reconciliation Manager           Modalita’ di riconciliazioni                         Funzionalità                ...
Account Reconciliation Manageralcuni esempi                               Account AnalysisRatei e Risconti                ...
Account Reconciliation Manageralcuni esempi                                 Balance ComparisonCoge - Coan                 ...
<Insert Picture Here>           Approccio Tradizionale           Riconciliazioni ContabiliCopyright © 2012, Oracle and / o...
Una tipica multinazionale           10,000 riconciliazioni mensili a livello globale                       Sono realmente ...
L’approccio tradizionale           “Speranza” ed email sono il cuore del processo                                         ...
Rischi          • Riconciliazioni “perse”          • Riconciliazioni di saldi errati (il saldo e’ cambiato nel            ...
<Insert Picture Here>L’evoluzione:Account ReconciliationManager
L’evoluzione nella riconciliazione contabile             Account Reconciliation Management                                ...
Monitor                                                                             Load                                  ...
FCM Account Reconciliation           5 Steps to Account Reconciliation and Certification      Load Balances into ARM      ...
FCM Account Reconciliation           5 Steps to Account Reconciliation and Certification      Auto Reconciliation      • B...
FCM Account Reconciliation           5 Steps to Account Reconciliation and Certification      Preparation      • Email not...
FCM Account Reconciliation           5 Steps to Account Reconciliation and Certification      Review      • Comments      ...
FCM Account Reconciliation           5 Steps to Account Reconciliation and Certification      Monitoring      • Late notic...
<Insert Picture Here>Il valore della soluzione
Account Reconciliation Manager           Governo e Automazione del processo      • Efficienza              • Riduzione dei...
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Oracle Account Reconciliation Manager

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Transcript of "Oracle Account Reconciliation Manager"

  1. 1. <Insert Picture Here>Account Reconciliation ManagerIvana SodanoMaster Principal Sales Consultant
  2. 2. Agenda • Il processo di Financial Close • Introduzione ad Account Reconciliation Manager • Overview della soluzione • Demo • Q&ACopyright © 2012, Oracle and / or its affiliates. All rights reserved. 2
  3. 3. Qualità, Precisione e Rapidità Financial Close Common Interaction & Reporting Statutory, Management & Fiscal Group Reporting Financial Close Management ERP: Financial Financial and Disclosure External General Data Internal Mgmt Sub Ledger Close Oracle, SAP, Close Ledger Data Assurance Consolidation Consolidation Management Management Reporting Financial Filing Reporting Legacy, Other Quality Reporting (XBRL) Common Integration & Analysis FoundationCopyright © 2012, Oracle and / or its affiliates. All rights reserved.
  4. 4. Close Process and Key Activities Accounting Reconciliations Gather and validate Deliver self complete data sets to service reporting Automate and support all financial Close Sub Ledgers to the deliver Edgar & reporting needs (i.e. into GL (i.e. AR, AP, organization for XBRL filings, Legal Entity, Segment, FA, etc.) performance Statutory Management, Tax, discussions and filings, Tax, etc. Sustainability Metrics, plan realignment etc.) External General Data Internal MgmtSub Ledger Close Consolidation Financial Filing Ledger Close Assurance Reporting Reporting Automate consolidated Perform Reconciliations financial reporting Automate external • Bank Reconciliations leveraging multiple reporting • Standard Account Recon hierarchies and gathering calculations (i.e. CTA, disclosures and • Sub Ledger Recon FASB, KPI’s, FX, financial Post Accruals Retained Earnings, information Topside Entries etc.)Copyright © 2012, Oracle and / or its affiliates. All rights reserved. 4
  5. 5. Close Process and Key Activities Accounting Reconciliations Move Data General Move Data Move DataSub Ledger Close Consolidation Filing Ledger Close Riconciliazioni Riconciliazioni RiconciliazioniCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 5
  6. 6. <Insert Picture Here> Le Riconciliazioni ContabiliCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 6
  7. 7. FCM Account Reconciliation Manager FCM Account Reconciliation Manager Prepare Source Systems – Chart of Accounts Review EBS, PSFT, SAP, Lawson, Hyperion Other etc. ApproveCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 7
  8. 8. Due differenti tipi di riconciliazioni • OPERAZIONALI • Riconciliazioni quotidiane dei punti vendita • Riconciliazioni quotidiane banche • Riconciliazioni quotidiane di transazioni intercompany • ... • CONTABILI • Riconciliazioni mensili di conti provvisori • Riconciliazioni mensili di mutui/debiti etc • Riconciliazioni mensili per valorizzazione a principi contabili differentiCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 8
  9. 9. Account Reconciliation Manager cosa non è • Non è un sistema di riconciliazione operazionale (es. gestione quotidiana delle riconciliazioni) • Negoziazione Titoli (Trading) • Riconciliazione Bancaria a livello transazionale (riba, rid, ..) • Gestione rivenditori (sitema punti di vendita, pos, ..) Operational Reconciliation Account ReconciliationCopyright © 2012, Oracle and / or its affiliates. All rights reserved.
  10. 10. Account Reconciliations Manager (ARM) Period End Account Balance Preparation • Le riconciliazioni contabili sono preparate mensilmente, trimestralmente e in alcuni casi annualmente • La somme dei saldi di periodo provengono dal processo di riconciliazione operazionale • Banche, Punti vendita, etc. • Molti conti non sono soggetti a riconciliazione operazionale • Debiti intercompany, Ammortamenti, etc.Copyright © 2012, Oracle and / or its affiliates. All rights reserved. 10
  11. 11. Account Reconciliation Manager Modalita’ di riconciliazioni Funzionalità Esempio • Account Analysis Controllo sui conti transitori • Balance Comparison Verifiche tra SubL e GL • Intercompany Reconc. Corrispondenza tra GL differenti • Analysis Variance Analisi su SP quali ad es conti fluttuantiCopyright © 2012, Oracle and / or its affiliates. All rights reserved.
  12. 12. Account Reconciliation Manageralcuni esempi Account AnalysisRatei e Risconti Verifica che i conti chiudano a 0 e riaprono nel mese successivoAnticipi a fornitori Verifica congruenza alla registrazione della fattura (a chiusura parziale o totale)Immobilizzazioni immateriali Valorizzazione a principi contabili differentiDebiti a lungo termine Valorizzazione a principi contabili differentiLocal GAAP – Statutory GAAP Riconciliazione/documentazione differenze tra principi contabili differentiCespiti in costruzione Controllo manifestazione da economico a stato patrimonialeLavori in corso d’opera Riconoscimento ricavi da lavoro effettuato Copyright © 2012, Oracle and/or its affiliates. All rights reserved.
  13. 13. Account Reconciliation Manageralcuni esempi Balance ComparisonCoge - Coan Controllo differenze tra contabilità generale e contabilità analitica (accertamenti gestionali)Banche Verifiche di continuità e gestione sfasamenti temporaliCespiti Ammortamenti a principi contabili differenti (es. Civilistico, fiscale, IAS). Sfasamento temporale su operazioni di incrementoMagazzino Principi contabili diversi per la valorizzazione delle rimanenze finali (Lifo /fifo, cmp, ..)Incassi / pagamenti Controllo tra banca e GL (o Banca – tesoreria – GL)Gestione tesoreria finanziaria Sfasamento temporeale su titoli, investimenti, mutui, prestiti, finanziamenti Copyright © 2012, Oracle and/or its affiliates. All rights reserved.
  14. 14. <Insert Picture Here> Approccio Tradizionale Riconciliazioni ContabiliCopyright © 2012, Oracle and / or its affiliates. All rights reserved.
  15. 15. Una tipica multinazionale 10,000 riconciliazioni mensili a livello globale Sono realmente Rischi preoccupata del nostro processo di • Riconciliazioni “perse” riconciliazione • Riconciliazioni “invalide” • Auditors Jane - ControllerCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 15
  16. 16. L’approccio tradizionale “Speranza” ed email sono il cuore del processo Preparers Saldi Accounting Manager Audit ReviewersCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 16
  17. 17. Rischi • Riconciliazioni “perse” • Riconciliazioni di saldi errati (il saldo e’ cambiato nel frattempo) • Insufficiente giustificazione o documentazione • Auditors e mercatiCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 17
  18. 18. <Insert Picture Here>L’evoluzione:Account ReconciliationManager
  19. 19. L’evoluzione nella riconciliazione contabile Account Reconciliation Management Segregation of Duties Reconciliations Segregation of Duties Tool to: Reviews •Ensure Completeness •Optimize for Risk •Ensure Quality Reconciliation •Minimize TrainingCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 19
  20. 20. Monitor Load Process Balances Review Auto Reconciliation Reconciliation Prepare ReconciliationCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 20
  21. 21. FCM Account Reconciliation 5 Steps to Account Reconciliation and Certification Load Balances into ARM • Data load adapters provided for: • Oracle E-Business Suite 11i, 12 • Oracle Fusion Financials • PeopleSoft Enterprise Financial Management 9.0, 9.1 • JD Edwards Enterprise version 9.0 • SAP ERP Financial 4.7c, ECC 6.0 enhancement pack 4.0+ • Flat FilesCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 21
  22. 22. FCM Account Reconciliation 5 Steps to Account Reconciliation and Certification Auto Reconciliation • Balance Comparison: Sub- ledger to GL • Account Analysis: Zero Balance Accounts • Email notifications if failureCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 22
  23. 23. FCM Account Reconciliation 5 Steps to Account Reconciliation and Certification Preparation • Email notifications for process start • Configurable Formats • Attachments • Adaptable to each account typeCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 23
  24. 24. FCM Account Reconciliation 5 Steps to Account Reconciliation and Certification Review • Comments • Attachments • Approval and rejection workflowCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 24
  25. 25. FCM Account Reconciliation 5 Steps to Account Reconciliation and Certification Monitoring • Late notices • Status of reconciliations • Aging analysis • Current • Historical • Warnings • Debit / credit violations • Aging violationsCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 25
  26. 26. <Insert Picture Here>Il valore della soluzione
  27. 27. Account Reconciliation Manager Governo e Automazione del processo • Efficienza • Riduzione dei carichi di lavoro • Semplificazione del processo (administration, preparation, review) • Rapidita’ di analisi • Riduzione del rischio • Auditors • MercatoCopyright © 2012, Oracle and / or its affiliates. All rights reserved. 27
  28. 28. Questions

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