Learn about the latest features and benefits of Oracle fusion financial accounts receivables and account payables. For more detail please visit: http://www.jadeglobal.com

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What’s New in Oracle Fusion Account
Receivables and Payables Cloud Services?

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3. Agenda
Oracle Fusion Financials Cloud Services
New Features in Oracle Fusion Accounts Receivable
New Features in Oracle Fusion Accounts Payable
Q & A

4. Oracle Fusion Financials Cloud Services

5. Oracle Fusion Financials Cloud Services
Oracle Fusion Financials Cloud Service is part
of Oracle Fusion Application, which are
completely open, standard-based enterprise
applications that function in the cloud via a web
browser

6. Oracle Fusion Financials Cloud Services
It helps you to improve performance, lower your IT cost and gets better results. Whether you choose
single module or product family or entire suite
Better
Results
Improve
Performance
Lower IT
Cost

7. Oracle Fusion Financials Cloud Services
Implement Oracle Fusion Application by traditional on premise implementation approach or
implement using cloud service
On-Premise Implementation Cloud Service Implementation

8. Oracle Fusion Financials Cloud Services
Fusion application and database are deployed in the cloud that can be portable and can be easily
moved to/from a private cloud or on premise environment

9. Payment & CollectionAccounts Payable
Oracle Fusion Financials Cloud Services
General Ledger
FUSION APPLICATION FINANCIALS
Asset Management
Accounts Receivable
Cash & Expense
Management Common Modules

10. New Features in Oracle Fusion Account Receivables

11. New Features in Oracle Fusion Account Receivables
Auto Lockbox
SmartReceipts
•Fusion Receivables continues to support auto lockbox but has enhanced to apply receipts
automatically using SmartReceipt
•SmartReceipts functionality is extended to the receipts that are created manually or uploaded
through excel
Fusion Receivable
(Customer Receipts)
SmartReceipts
Manual Receipt Entry
Receipt Via Spreadsheet

12. New Features in Oracle Fusion Account Receivables
SmartReceipts:
•Smart receipt uses payment information to apply receipts
•Recommends best potential matches for exceptions
•Recommended invoices are prioritize and displayed to user based on user defined matching rules
•Using calculated score, users can quickly decide which payments to apply and which exception
recommendations to use

13. New Features in Oracle Fusion Account Receivables
Customer
Recommendation
Threshold
AutoMatch
Rule Set
Minimum Weighted
Threshold
Combined Weighted
Threshold
Days of Closed
Invoices Threshold
Autoapply process adds
customer information to the
receipt if score exceeds
threshold
Autoapply process to apply
receipt to a transaction
automatically
Autoapply process
recommends transaction for
receipt application if score
exceeds for one or more
transactions
All transactions closed on
or before the days provided
as threshold value

14. New Features in Oracle Fusion Account Receivables
Weight Value
Combined Weighted Threshold 75%
Minimum Weighted Threshold (Customer) 20%
Minimum Weighted Threshold (Transaction Number) 70%
Minimum Weighted Threshold (Transaction Amount) 10%
Transaction Information in System Value
Customer Number 1001
Transaction Number 10010
Transaction Amount 120
Lockbox Information Value
Customer Number 1005
Transaction Number 10001
Transaction Amount 120
AutoApply Performs following
Customer Match (1 – ¼) * 100 = 75% Final Score = 20% of 75% is 15%
Transaction Match (1 – 1/5) * 100 = 80% Final Score = 70% of 80% is 56%
Amount Match (1 – 0/3) * 100 = 100% Final Score = 10% of 100% is 10%
Total = (15 + 56 + 10) = 81%
Combined Weighted Threshold = 75%
AutoApply automatically applies the receipt to the transaction

15. New Features in Oracle Fusion Account Receivables
Query By
Example

16. New Features in Oracle Fusion Account Receivables
Select the
transaction and
click on Accept

17. New Features in Oracle Fusion Account Receivables
Excel-based Receipt Entry :
•Quickly create and update customer receipts
•Increase users ability to process payments and remittance data
•Leverage the inherent Excel functionality, such as copy and paste
•Send spreadsheets to reviewers and approvers

18. New Features in Oracle Fusion Account Receivables

19. New Features in Oracle Fusion Account Receivables
Prepare excel file with receipt information and click in ‘Upload’

20. New Features in Oracle Fusion Account Receivables

21. New Features in Oracle Fusion Account Receivables

22. New Features in Oracle Fusion Account Receivables

23. New Features in Oracle Fusion Account Receivables
Receivables to General Ledger Reconciliation:
•Quickly reconcile receivables to the general ledger to close your books faster
•Ensure receivables activity is properly captured and reflected in the financial results
•Exceptions are automatically identified
•Reports expand account balance information from summarized to detail data for optimal
reconciliations
•Quickly investigate differences in balances with drilldowns

24. New Features in Oracle Fusion Account Receivables
Transactions
Transactions
Fusion Account Receivables
Fusion
Sub-Ledger
Accounting
Balances
Fusion General Ledger
Reconciliation Report
Journals

25. New Features in Oracle Fusion Account Payables

26. New Features in Oracle Fusion Accounts Payable
Invoice
Recognition
Review Invoice
Page
Payables Specialist
Invoice Image
Routing
Process
Invoice Image in
Invoice Work
Area
Import Image
and Scan with
ODC
Recognize
Image with
OCR
Image Store
and Routing
Process and
Review Invoice
Pay Invoices
Pay Invoice
Out-of-the box imaging integration for supplier invoices

27. New Features in Oracle Fusion Accounts Payable

28. New Features in Oracle Fusion Accounts Payable
Out-of-the box imaging integration for supplier invoices:
•Reduce transaction processing costs
•Reduce data entry errors with pre-populated invoice data
•Eliminate the need for costly third-party solutions that require custom
integration
•Increase productivity for invoice approvals and audits by being able to access
the invoice image through the invoice's lifecycle

29. New Features in Oracle Fusion Accounts Payable
Excel-based Invoice Entry:
•Quickly enter and correct invoice import errors using a familiar environment
•Reduce training costs
•Reduce developing custom solutions to integrate invoice data from 3rd Party
System

30. New Features in Oracle Fusion Accounts Payable
Enter or copy/paste the invoice
information and click on ‘Save
and Submit Invoices’

31. New Features in Oracle Fusion Accounts Payable
Interactive Payables Dashboard:
Payable dashboard is one place where you can view and take action to pay invoices on time
while enforcing policy and internal controls

32. New Features in Oracle Fusion Accounts Payable
Interactive Payables Dashboard:
•Displays accurate actionable information that ensures invoices are paid on time, improving
internal controls & enforcing policies
•Displays list of invoices pending for others approval, if you have questions, contacting them is
easy by sending an email, making a phone call or instant messaging to expedite their approvals

33. New Features in Oracle Fusion Accounts Payable
Interactive Payables Dashboard:
•Search & show all invoices for specific supplier, business units or approver
•Immediate invoice payment, you can release hold for specific invoice, speeding up your
payment purchasing

34. New Features in Oracle Fusion Accounts Payable
Interactive Payables Dashboard:
•From a single location, monitor the status of the payment request that require your attention, so
you can take the necessary action

35. New Features in Oracle Fusion Accounts Payable
Interactive Payables Dashboard:
•Stop payment request can reviewed on dashboard, depending on the feedback from the bank,
you can either void the payment or release the stop payment

36. New Features in Oracle Fusion Accounts Payable
Payables to General Ledger Reconciliation:
•Quickly reconcile payables to general ledger to close books faster
•Ensure payables activity is properly captured & reflected in the financial results
•Quickly investigate differences in balances with drilldowns
Transactions
Transactions
Fusion Account Payables
Fusion
Sub-Ledger
Accounting
Balances
Fusion General Ledger
Reconciliation Report
Journals

37. New Features in Oracle Fusion Accounts Payable

38. New Features in Oracle Fusion Accounts Payable

39. New Features in Oracle Fusion Accounts Payable

40. Oracle Fusion Financial Other Key Features and Benefits

41. Oracle Fusion Financial Key Features
• Excel Based Customer Integration in Fusion Receivables
• Excel Based Supplier Integration in Fusion Payables
• Invoice Help Desk – Easily answer supplier queries or audit invoices with immediate access to a
complete snapshot of an invoice

42. Oracle Fusion Financial Key Benefits
• Close faster with visualization and monitoring of the close status for ledgers and sub-ledgers in
related subsidiaries
• Reduce transaction processing costs and data entry errors
• Save on training costs and increase productivity when handling large data volumes

43. Conclusion

44. Conclusion
The Oracle Fusion Financials user experience is
designed to help you operate more accurately and
efficiently, saving you time and money. The Oracle
Fusion Financials user experience:
•Gives you what you need to see, when you need
to see it
•Helps you get it done fast, get it done right
•Works the way you do

45. Thank You