Session ID:
Prepared by:
Implementing Fusion Cloud
Procurement - A Real Life
Case Study
Oracle Fusion Procurement cloud offers wide
range of capabilities through it’s product
offerings like Self Service Procurement,
Purchasing, Sourcing, Supplier Portal,
Supplier Qualification Management and
Procurement & Spend Analytics.
10642
Safe Harbor Statement
The following is intended for information purposes
only, and may not be incorporated into any contract. It
is not a commitment to deliver any services, material,
code, or functionality, and should not be relied upon in
making purchasing decisions.
The development, release and timing of any features
or functionality described for Oracle’s products
remains at the sole discretion of Oracle.
2
About Jade Global
3
Agenda
Client’s Requirements
Key Challenges
Jade Global’s Solution – Fusion Cloud Procurement
Customer Benefits
Critical Success Factors
4
Client’s Requirements
Client’s Requirements
• Cost effective and shorter project lifecycle
• Role based dashboard reporting
• Need to handle document change management
• Streamline source-to-settle process through
automation, inbuilt role-based analytics
• Complex approval matrix with serial and parallel
approvals
• Flexible mechanism to derive accounting based on
custom business rules
• User friendly self service application to end users
• Get insights in to spend and identify multiple saving
opportunities
• Well formatted report outputs
6
Key Challenges
Key Challenges
• Insufficient line level data in current transaction system
• Inconsistency in unit of measures and codes/syntaxes
used
• Inconsistency in supplier names and classifications
• Use of different systems with different data structures
to capture purchasing data
• Streamline the current business processes and provide
better procurement strategy approach
• Data cleanup and make it working for analysis
• Convince end users to adopt to Fusion Procurement
processes
• End user productivity
• Get insights in to spend and identify multiple saving
opportunities
• Improve business relationship with suppliers
8
Jade Global’s Solution
Jade Global’s Solution – Fusion Cloud
Procurement
• Implement Fusion Cloud Procurement to provide
user friendly application
• Oracle Fusion Procurement enables effective
planning, easy configuration and quick
implementation/deployment with minimum
maintenance
• Easy configuration and maintenance of approvals
• Transaction accounts can be easily derived based
upon business policies
• Integrated reports which are specific to business
role.
10
Why Oracle Fusion Procurement
• Rapid Implementation:
– Prepared list of configuration tasks
– Task list can be generated and edited as per business
requirement
– Easy validation of setup by executing the standard
reports
– Data can be exported from one instance and imported to
another for easy and accurate setup
• Accuracy:
– Minimum chance of human errors due to prebuilt and
sequential task list
– Data entry through easy to use interfaces
– Migration of data from one instance to another
11
Why Oracle Fusion Procurement
• Approvals:
– Serial or Parallel
– Employee -Supervisor & Position Hierarchy, Job Level
and Approval Groups
– User friendly interface to configure and manage
approval rules
– Approval Management Extensions (AMX) helps in
routing the purchasing documents
– Business Process Management (BPM) allows user to
access the approval tasks and take action
– Routing rules for Preapproval, Terms, Post Approval and
FYI stages
– Approval rules can be migrated from one instance to
another
– Support for Rules Based Approvals, Ad-hoc Approvers,
FYI Notifications, and Graphical Approval View
12
Why Oracle Fusion Procurement
• Transaction Accounting:
– TAB (Transaction Account Builder) provides flexible
mechanism to derive accounting flexfields for
sub ledger transactions
– Eliminates the needs of customizing account
generator workflow
– Use of Mapping Sets and Account Rules
– Seeded accounting defaulting rules which can be
over layered by customized the rule
13
Why Oracle Fusion Procurement
• Document Change History:
– Base document is always available
– Maintain Complete Document Change History
– Revert to Previously Approved Version
• Standard Excel Templates:
– Oracle repository provides integration templates
which can be used for data loading/importing
– Well instructed and formatted spreadsheets
– Interface Table = Spreadsheet
– Table Column = Spreadsheet Column
– Spreadsheet column is well formatted (Date, Number,
text and shows the information for datatype, length,
other instructions
14
Why Oracle Fusion Procurement
• Security
– Role based access (Who does What)
– Segregation of duties
15
Business Processes Implemented
16
Business Processes Implemented
17
Customer Benefits
Customer Benefits
• Best procurement business practices
• Better control over organization spend
• Consolidated purchasing across business units
• Leverage volume discounts by consolidated
demand
• Reduction in P2P cycle time
• Role based access control security to manage the
privileges and access to data.
• No Hassles for Hardware Procurement &
Management : Cloud based applications doesn’t
require any special hardware infrastructure
• Enhanced graphical UI and dashboards
19
Critical Success Factors
Critical Success Factors
• Real time BI reporting with analytics, dashboards
and reports
• Role based user access which provides high
security
• Reduction in business cost and increase in
productivity
• Highly integrated Procurement system with best
industry practices
21
Thank you
Connect with us
Have a question? Feedback? Suggestion? Enquiry?
Email
marketing@jadeglobal.com
Phone
1-877-JADE4IT

Implementing Fusion Cloud Procurement a Real Life Case Study

  • 1.
    Session ID: Prepared by: ImplementingFusion Cloud Procurement - A Real Life Case Study Oracle Fusion Procurement cloud offers wide range of capabilities through it’s product offerings like Self Service Procurement, Purchasing, Sourcing, Supplier Portal, Supplier Qualification Management and Procurement & Spend Analytics. 10642
  • 2.
    Safe Harbor Statement Thefollowing is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any services, material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release and timing of any features or functionality described for Oracle’s products remains at the sole discretion of Oracle. 2
  • 3.
  • 4.
    Agenda Client’s Requirements Key Challenges JadeGlobal’s Solution – Fusion Cloud Procurement Customer Benefits Critical Success Factors 4
  • 5.
  • 6.
    Client’s Requirements • Costeffective and shorter project lifecycle • Role based dashboard reporting • Need to handle document change management • Streamline source-to-settle process through automation, inbuilt role-based analytics • Complex approval matrix with serial and parallel approvals • Flexible mechanism to derive accounting based on custom business rules • User friendly self service application to end users • Get insights in to spend and identify multiple saving opportunities • Well formatted report outputs 6
  • 7.
  • 8.
    Key Challenges • Insufficientline level data in current transaction system • Inconsistency in unit of measures and codes/syntaxes used • Inconsistency in supplier names and classifications • Use of different systems with different data structures to capture purchasing data • Streamline the current business processes and provide better procurement strategy approach • Data cleanup and make it working for analysis • Convince end users to adopt to Fusion Procurement processes • End user productivity • Get insights in to spend and identify multiple saving opportunities • Improve business relationship with suppliers 8
  • 9.
  • 10.
    Jade Global’s Solution– Fusion Cloud Procurement • Implement Fusion Cloud Procurement to provide user friendly application • Oracle Fusion Procurement enables effective planning, easy configuration and quick implementation/deployment with minimum maintenance • Easy configuration and maintenance of approvals • Transaction accounts can be easily derived based upon business policies • Integrated reports which are specific to business role. 10
  • 11.
    Why Oracle FusionProcurement • Rapid Implementation: – Prepared list of configuration tasks – Task list can be generated and edited as per business requirement – Easy validation of setup by executing the standard reports – Data can be exported from one instance and imported to another for easy and accurate setup • Accuracy: – Minimum chance of human errors due to prebuilt and sequential task list – Data entry through easy to use interfaces – Migration of data from one instance to another 11
  • 12.
    Why Oracle FusionProcurement • Approvals: – Serial or Parallel – Employee -Supervisor & Position Hierarchy, Job Level and Approval Groups – User friendly interface to configure and manage approval rules – Approval Management Extensions (AMX) helps in routing the purchasing documents – Business Process Management (BPM) allows user to access the approval tasks and take action – Routing rules for Preapproval, Terms, Post Approval and FYI stages – Approval rules can be migrated from one instance to another – Support for Rules Based Approvals, Ad-hoc Approvers, FYI Notifications, and Graphical Approval View 12
  • 13.
    Why Oracle FusionProcurement • Transaction Accounting: – TAB (Transaction Account Builder) provides flexible mechanism to derive accounting flexfields for sub ledger transactions – Eliminates the needs of customizing account generator workflow – Use of Mapping Sets and Account Rules – Seeded accounting defaulting rules which can be over layered by customized the rule 13
  • 14.
    Why Oracle FusionProcurement • Document Change History: – Base document is always available – Maintain Complete Document Change History – Revert to Previously Approved Version • Standard Excel Templates: – Oracle repository provides integration templates which can be used for data loading/importing – Well instructed and formatted spreadsheets – Interface Table = Spreadsheet – Table Column = Spreadsheet Column – Spreadsheet column is well formatted (Date, Number, text and shows the information for datatype, length, other instructions 14
  • 15.
    Why Oracle FusionProcurement • Security – Role based access (Who does What) – Segregation of duties 15
  • 16.
  • 17.
  • 18.
  • 19.
    Customer Benefits • Bestprocurement business practices • Better control over organization spend • Consolidated purchasing across business units • Leverage volume discounts by consolidated demand • Reduction in P2P cycle time • Role based access control security to manage the privileges and access to data. • No Hassles for Hardware Procurement & Management : Cloud based applications doesn’t require any special hardware infrastructure • Enhanced graphical UI and dashboards 19
  • 20.
  • 21.
    Critical Success Factors •Real time BI reporting with analytics, dashboards and reports • Role based user access which provides high security • Reduction in business cost and increase in productivity • Highly integrated Procurement system with best industry practices 21
  • 22.
    Thank you Connect withus Have a question? Feedback? Suggestion? Enquiry? Email marketing@jadeglobal.com Phone 1-877-JADE4IT