Oracle retail financial integration 13.2.6

Retail Financial Integration

Federman Hoyos

Technology Architect for Retail Applications


Safe Harbor Statement

The following is intended to outline our general product direction.

It is intended for information purposes only, and may not be

incorporated into any contract. It is not a commitment to deliver

any 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.


Program Agenda

Introduction

Evolution of Oracle Retail Financial Integration

Value Proposition

Additional Product Details

Summary


Introduction to Retail Financial Integration


Oracle Retail Financial Integration

Oracle Retail Financial Integration automates the financial

control and reporting processes by providing a standard

integration package between the retail merchandising suite and

the financial system of record, thus helping retailers reduce the

time and cost to implement integrated solutions.


Financial Control & Reporting Business Processes

Processes Enabled Overview

1. Lifecycle Data Management • Maintain Financial Reference Data

• Supplier

• Currency Exchange Rates

• Payment Terms

• Chart of Accounts

2. Enhanced Inventory Valuation • Consolidate stock ledger information

• Bulk data movement for more timely processing

• Visibility from the Accounting System to the transactions / journals

in the Stock Ledger and vice versa

3. Timely Revenue Recognition • Consolidate sales audit information

• Service-based validation of chart of accounts

• Visibility from the Accounting System to the transactions / journals

in Sales Audit and vice versa

4. Streamlined Merchandising

Procure to Pay

• Consolidate Invoice Match information

• Visibility to invoices/debits/credits sent to the Payables System



Lowers the cost and time to integrate retail and financial solutions

– Standard integration package provided by Oracle

– Supported and upgraded over time

Reduced Complexity

– Current technical approach simplifies the flow of integration and the tools

required to support the solution compared to previous approaches

Benefits


Financial Control: Solution Footprint

• Retail (Merchandising)

• Merchandising System

• Stock Ledger

• Sales Audit

• Invoice Matching

• ERP Financials

• Accounts Payable

• General Ledger

Retail E-Business Suite

https://blogs.oracle.com/peoplesoft/

https://blogs.oracle.com/peoplesoft/



Invoice to

Pay

Revenue

Recognition

Inventory

Valuation

Foundation

Data

Retail Merchandising

System

Retail Sales Audit

Retail Invoice Matching

General Ledger

Account Payable

Retail Stock Ledger

GL Chart of Accounts

Currency Exchange Rates

Suppliers, Partners, Addresses

Daily Sales Cash and Deposits

Inventory and Sales Data

Rebates

Debit/Credit Memos & Credit Notes

Matched and Prepaid Invoices

Manually Paid Invoices

Aged Receipts Never Invoiced


Evolution of Retail Financial Integration



V10 & 11 - Field enabled through SI Partners

– Closed, proprietary, and difficult to extend/scale. No upgrade path

V12 - BPEL enabled, direct integration accelerator

– Not scalable, and difficult to upgrade

V13 - AIA PIP using canonical objects, packaged API’s, web services

and ODI

– Complex infrastructure, but extensible, scalable, and upgradeable

V13.2.6 - Direct approach using API’s, web services, and ODI

– Still based on Fusion Middleware

– Simplified message flows, but still extensible, scalable and upgradable

Evolution



Previous Versions- Existing AIA PIP packages for Retail Financials

– Removed from Price List, no longer available for sale

– Continued support provided by AIA team for existing customers

– Covered under Lifetime Support Policy

– Oracle still provides other non-retail AIA PIP packages

Current Version- Retail Financial Integration package

– Covered under Oracle Retail Integration Bus license

– Support provided to customers current on maintenance

A New Approach



Direct Integration

– Oracle Retail Financial Integration Pack

– Designed to match other Oracle Retail provided integration patterns

Canonical Message Model

– Using AIA Foundation Pack

Customer specific integration

– Per customer, using their preferred integration tools

Summary of Approaches


Value Proposition

17 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Proprietary and Confidential


Subscripción a eventos • Eventos en EBS son habilitados para que estos

invoquen los servicios de Retail y envié la

información en línea.:

• Supplier Event , Rates, etc

Retail – EBS Transferencia agendada

• Se agenda la ejecución de actualización de datos

como ventas, Recibos, facturas, etc

18 Copyright © 2012, Oracle and/or its affiliates. All rights reserved. Proprietary and Confidential

Inventory

Valuation

Revenue

Recognition

Invoice to

Pay

ETL – ODI – Bulk Transfer

Foundation

Data

Web Service and Business Event



System

Retail Sales Audit


General Ledger

Account Payable

Retail Stock Ledger



Suppliers, Partners, Addresses

Daily Sales Cash and Deposits


Rebates


Matched and Pre Pay Invoices




Synchronized Foundation Data

Oracle Retail validates each created combination individually

against Oracle GL . If the combination is valid, the

combination is stored in the Oracle retail database tables for

future validation purpose

Validate GL Chart Of Account Entries

Merchandising

(RMS, ReIM, ReSA)

GL



GL Account Validation - Architecture



Load initial currency exchange rate from Oracle GL to RMS: (DBLINK)

All Historical Current and Future and Incremental Updates

Updates Interval Provided as a parameter

Convert Currency Values


System

GL

GL_DAILY_RATES


Business Event Subscriber


Currency Rate Integration - Architecture



Initial loading (DBLINK- SQL Scripts)

Incremental synchronization of suppliers’ information between Oracle

Payables and Oracle Retail Merchandising System (RMS)

Updates Interval Provided as a parameter

Supplier Master Sync


System

AP

Supplier, Sites and Contacts

Suppliers, Partners, Addresses AP

Business Event Subscriber


Supplier Integration - Architecture


Post Inventory Values and Sales

Posting of accounting entries generated from transactions that

change the value of sellable products at a retailer’s inventory

locations (stores and warehouses)

Inventory value

General Ledger

Retail Stock Ledger


Movement Warehouse - Stores

Pricing

Returns

Shrinkage

Stock Counts

Monthly (Summarized no detailed)

Daily by Subclass, Class, Department

Daily by Transaction

GL_Interface table

Journal Import


Post Inventory Values and Sales

Posting of accounting entries generated from sales and

returns transactions from the retailer’s stores for

revenue and cash reconciliation to the appropriate

ledgers.

Sales – recognition of Revenue

Retail Sales Audit

General Ledger

Daily Sales Cash and Deposits Stores

Sale/Return

Account Segment Combination Transaction type, Business Unit, Location


Receive and Process Invoices

Post write-offs (aged receipts, not invoiced to ledger) from RMS to

Oracle GL

Post prepaid invoice reversals after receipt from ReIM to Oracle GL

Automate the procure to pay business process


General Ledger Manually Paid Invoices


Prepaid Invoice Reversals

RMS

GL_Interface table

Journal Import



Post write-offs (aged receipts, not invoiced to ledger) from RMS to

Oracle GL

Post prepaid invoice reversals after receipt from ReIM to Oracle GL



General Ledger Manually Paid Invoices


Prepaid Invoice Reversals

GL_Interface table

Journal Import



Enables posting of matched invoices, matched credit notes, debit and

credit memos, rebates, and unmatched invoices for prepayment from

ReIM to Oracle Payables



Account Payable

Rebates



AP_INVOICE_LINES_INTERFACE

Payables Open Invoice Import





General Ledger

Account Payable

Rebates






Bulk Data Sync (ODI) - Architecture


Business Processes Documentation

Conceptual Flows

Activity Flows

All Financial Control and

Reporting processes

documented in Retail

Reference Model


Additional Product Details


Retail Financial Integration – Adapter Manger



Components installed on EBS system

– EBS Business Event handler java components

– Interface tables, setup data, install scripts, etc

Components delivered with RMS/ReIM/ReSA system, PL/SQL

packages and service consumer code

Components installed in an integration layer. EAR file deployed to

WebLogic.

– Ear file, DVM, XREF, setup data, install scripts, etc

– All ETL-ODI projects and flows are part of this BOM

– RetailIntegrationPak13.2.6ForRfi13.2.6_eng_ga.zip

Packaging


Oracle Retail Financial Integration Database Schemas



Integration Tech Stack

– Oracle Enterprise DB 11g (11.2.0.3)

– WebLogic 11g (10.3.6)

– ODI 11g (11.1.1.6)

Target Application Versions (Tested)

– Oracle E-Business Suite Financials v12.1.3

– Oracle Retail Merchandising System v13.2.6+

– Oracle Retail Invoice Match v13.2.6+

– Oracle Retail Integration Bus v13.2.6+

Technology Stack


Summary


Challenges – Capabilities – Value

• Manual, costly process to

pay invoices

• Out of sync foundation

data between systems

• Extended effort and cost to

implement software

systems

CHALLENGES

• Packaged Integration

• Synchronized Foundation

Data

• Receive and Process

Invoices

• Post Inventory Values and

Sales

• Fully Documented

Business Processes

CAPABILITIES

• Less errors through

automated processes

• Lowers the cost and time

to integrate retail and

financial solutions

• Reduced Complexity to

Implement and Maintain

VALUE


Customers


Oracle Retail Financial Integration E-Business Suite Financials (GL & AP)

Field Enabled Integration

P2P Supported Integration

AIA/SOA based Integration

http://www.gymboree.com/index.jsp?FOLDER<>folder_id=2534374303003787&bmUID=1274983315717

http://www.shopdirect.com/index.html


Oracle Retail Financial Integration PeopleSoft Enterprise Financials (GL & AP)

Field Enabled Integration

AIA Process Integration Pack

http://www.rossstores.com/


Oracle Retail Clients JD Edwards Financials


Oracle Retail Clients Lawson Financials

http://www.kirklands.com/default.aspx


Oracle Retail Clients SAP Financials Examples with Merchandising


Oracle Retail Clients

SAP Financials (RGBU) JD Edwards Lawson

http://www.kirklands.com/default.aspx


To Learn More:

www.oracle.com/retail

http://www.oracle.com/retail

Oracle retail financial integration 13.2.6

Technology

Transcript of Oracle retail financial integration 13.2.6