Fusion Accounting Hub Reporting Cloud Florida...
Transcript of Fusion Accounting Hub Reporting Cloud Florida...
Fusion Accounting Hub Reporting Cloud Florida OAUG SunCollaborate 2015 Anil Patil www.oracle.anilrpatil.com
Why: Why do you need the FAH Reporting Cloud Service?
What Challenges does it address?
What: What is provided with the FAH Reporting Cloud
Service?
How: How can you access the Service?
Agenda
Let’s Clear Some Acronym Confusion First
FSAH: Financial Services Accounting Hub (EBS)
FAH: Financial Accounting Hub (EBS) FAH: Fusion Accounting Hub (Fusion) FAH Reporting Cloud (EBS co-existence with
Fusion)
Copyright 2014 Fujitsu America, Inc. All rights reserved.
Why? (The Problem) What are the Current Challenges
FSG: Financial Statement Generator is more than a decade old GL reporting tool. Difficult to create and maintain
Text outputs – No Graphic Capabilities
Formatting Options are insufficient
Static Reports – Cannot analyze data by changing the dimensions
Insufficient ad hoc Reporting Capabilities
Third party Excel based reporting solutions
Customers no longer want to invest in On-Premise reporting solutions
Who is it for? Customers who are on EBS R12.1.3+
Customers who want improved financial reporting and analysis
Customers who have challenges with Financial Statement Generator (FSG’s)
Customers who have third party add-on reporting solutions, but want to move to an Oracle supported solution
Customers who want interactive Mobile reporting solutions
Customers who want to move to the cloud and looking for low risk test case or incremental adoption
What? – Reporting Hub Cloud Service
EBS 12.1.3+
General Ledger
Out-of-the box synchronization of EBS setups and balances Embedded Essbase multi-dimensional cube Instantaneous results to live data Secure, self-service, centralized access to live reports and
snapshots Integrated Smartview for MS Office Account Monitor and Account Inspector Drill down from balances to Journals
Accounting Hub Reporting Cloud Service Real-Time Multi-Dimensional Reporting/ Analytics for your existing R12 General Ledger
Image Source: Oracle
What does it include? Fusion Financial Reporting Center
Financial Reporting Center
Financial Reporting Account Monitor and Account Inspector Smart View
Financial Reporting Workspace
Financial Reporting Studio
Oracle Fusion General Ledger Pre aggregated
Balances
Fusion Financial Reporting Center Financial Reporting Boardroom ready financial reports PDF, HTML, Excel Output options Live data or snapshot with static data
Live and interactive financial reports Expand parent values to view the next level of hierarchy Drill down to underlying journals
Books Group reports to view or print at the same time
Batches Group reports or books for scheduling Batch-Bursting Options (email or print)
Fusion Financial Reporting Center Financial Reporting User Point Of View Default dimension member per
dimension per user Value persists across reports
and across sessions
Grid Point Of View Default dimension member for
a dimension on a report grid The value can be changed by
a user, but it will not persist across sessions and will not impact other users
Can be hidden
Fusion Financial Reporting Center Account Monitor Proactive monitoring of your critical balances User-configurable rules and thresholds Be alerted to account balances that exceed thresholds Year over Year or actual vs budget comparison Embedded intelligence built-in to assess the change (favorable
vs unfavorable) Drill to view break down of balances for each child value that
rolls up to the parent value
Fusion Financial Reporting Center Account Inspector Interactive ad-hoc inquiries on a web page Expand and collapse parent values easily Move dimensions from page to row or column to obtain
different views of your data.
Fusion Financial Reporting Center Smart View Financial Balance Ad-Hoc Analysis Tool Ad-hoc multi-dimensional pivot analysis combined with full
Excel functionality Support the following functionalities: Drag and drop
dimensions to row, column or page Perform multi-dimensional analysis, pivot, drill Drill from any parent to the next parent level Drill to detail balances and journal lines Utilize Excel’s built in features (calculations, graphs, etc) Save reports and queries offline, then reconnect to live data by
opening the spreadsheet Email the spreadsheet to distribute reports
Fusion Financial Reporting Center
Financial Reporting Smart View Oriented towards Information Users Oriented towards financial analysts or
power users (requires familiarity with cube dimensions)
Fixed format reports - limited to dimension pre-defined in the report definition
Pivot across any dimensions to perform ad-hoc analysis
Calculations, graphs need to be added in the report definition
You can add calculations, graphs using Excel built-in functionalities
Need Financial Reporting Studio to develop the reports
Need Smart View Excel Plug-in
Similarities Both access the same data source You can expand within the report to go to the next level You can drill to detail balances
Fusion Financial Reporting Center Financial Reporting Studio Client based report authoring tool Object based reporting (objects are reusable across multiple
reports) Drag and drop report components Insert additional report objects (text boxes, images, charts) Insert rows and columns (data, formula, text) Select dimension member using member selection or functions Add calculations or mathematical functions
Fusion Financial Reporting Center Financial Reporting Workspace Used by Reporting Administrators Maintain your folder structure for storing reports, report
objects and snapshot reports Secure and control access to reports and report objects Create books or financial report packages for distribution to
management for review Run or schedule financial reports, books, and snapshot reports
for distribution You can run the Financial Reporting Studio reports from the Financial Reporting Center or the Workspace, but you can schedule the Financial Reporting Studio reports from the Workspace
Fusion Financial Reporting Center FRC v/s Workspace v/s FR Studio FRC is more simplified user interface for running reports/books
only All users (accountants, CFO, line level managers)
Workspace is browser tool for power users accessed from FRC task: Multiple tabs to display multiple reports at one time Create books, create batches, schedule batches, perform admin
functions
Financial Reporting Studio is report authoring application for distribution Installed on your pc
Recap of Reporting Cloud Service Features
General Accounting Dashboard
Financial Reporting (FR Studio)
Built-in Essbase multi-dimensional cube
Account Monitor and Account Inspector
OTBI (GL Subject Areas)
Smartview Ad Hoc Reporting in MS Office
Oracle Social Network
Financial Reporting for the Tablet
Sunburst visualization
Data Sources for Reporting Tools Reporting Tool
User Navigation Data Source
Consumers Authors
Financial Reporting
Financial Reporting Center Financial Workspace
GL Balances
External Stakeholders, Senior Management
General Accounting Manager, General Accountant
Account Monitor
General Accounting Dashboard Financial Reporting Center
GL Balances
General Accounting Manager, General Accountant
General Accounting Manager, General Accountant
Account Inspector
Financial Reporting Center
GL Balances
Smart View
Excel Add-In GL Balances
General Accounting Manager, Financial Analyst
General Accountant, Financial Analyst
Step 3 - Oracle will do the following Synching your EBS set up to the cloud (chart of accounts,
calendars, ledgers, value sets, segment values, hierarchies, etc.) Transferring your GL balances to the cloud Generating a set of Financial Reports Creating a process to stream balances from EBS to the cloud Sending you an email
Next Steps
Copyright 2014 Fujitsu America, Inc. All rights reserved.
Next Steps
Review your Reporting Requirements Explore cloud.oracle.com Feel free to contact me: www.oracle.anilrpatil.com www.linkedin.com/in/anilrpatil