Financials Cloud: Supplier Invoice To Payment
Financials Cloud: Supplier Invoice To Payment
Financials Cloud: Supplier Invoice To Payment
Financials Cloud
Supplier Invoice to Payment
Sreeni Devireddy
Director, Product Management
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, timing, and pricing of any features or functionality described for Oracle’s
products may change and remains at the sole discretion of Oracle Corporation.
Statements in this presentation relating to Oracle’s future plans, expectations, beliefs, intentions and
prospects are “forward-looking statements” and are subject to material risks and uncertainties. A
detailed discussion of these factors and other risks that affect our business is contained in Oracle’s
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and Form 10-Q under the heading “Risk Factors.” These filings are available on the SEC’s website or on
Oracle’s website at http://www.oracle.com/investor. All information in this presentation is current as
of September 2019 and Oracle undertakes no duty to update any statement in light of new
information or future events.
• Shared Services
• Invoice Configuration & Demo
• Single Payments & Payment Process Requests
• Cross Currency Payments
• Cross BU Payments
• Invoice Imaging & One Time Payments
• Requisition to Receipt
Manage Supplier Approve Supplier Resolve Supplier Process Supplier
• Expense Report to Invoice
• Order to Drop Shipment
Invoices Invoices Invoice Holds Credit Memos
• Customer Return to Settlement (1) (2) (3) (4)
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
Centralized Shared Service Center
User Management Only
Procurement
Centralized Across
Corporate
• Shared Services
• Security
Centralized
Bank Account
• Supplier Model Processing
• Invoice Sources
Centralized
• Invoice Structure Financial
Management
• Invoice Types
• Configuration Fully
Centralized
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
• Shared Services
• Security
• Supplier Model
• Invoice Sources
• Invoice Structure
• Invoice Types
• Configuration
Primary Balancing Segment All Segments, except Natural Account
• Invoice Approval
• Account Coding
• Hold Resolution
Demo
• Create PO with 2-Way matching option
• Match Invoice to PO with overbill
• On validation, invoice is automatically placed on hold
• Hold Resolution
• Review Accounting for Invoice Price Variance
• Invoice Corrections
• Match to Receipt Charges
• Freight Allocations
— Return to Vendor process (‘Create Debit Memo’ option on the return transaction (or) at supplier level)
– Can be settled:
— Against invoice as part of payment process (single or batch)
• Prepayments
– Prepaid Expense DR / Liability CR (create prepayment invoice)
– Liability DR / Cash CR (pay prepayment invoice)
– Expense DR / Liability CR (create standard invoice)
– Liability DR / Prepaid Expense CR (apply prepayment)
• Adjustments – Invoice, Line & Distributions adjustments
• Use the Customer and Supplier Balance Netting feature to enable the automatic
netting of Payables and Receivables transactions within a business enterprise and
issue payments and receipts for the netted amounts
• Netting agreements can be defined that incorporate the netting business rules
(such as transaction selection criteria) to support your payment practices
• The netting process automatically creates the Payables payments and Receivables
receipts required to clear a selected number of Payables and Receivables
transactions
• AR/AP Netting Functionality in Oracle Fusion (Doc ID 2020112.1) & Video
Key Features
• Automated Invoice Image Processing
• Flexible Invoice Format
• Multiple languages supported
• No configuration required
• Separately licensed
• Ability to pass additional information
• Account Coding
Best Practices
Oracle Integrated Invoice Imaging Guide for Cloud
• Single Payments
- Quick Payment
- Manual Payment
- Refund
• Batch Payments
- Payment Process Requests
Formats
• Pre-seeded Formats
• User-defined Formats
• BI Publisher Template
• XML Data Extracts
• Identity Format (BIP Template)
• Validations
Payment Method
• Validations
• Usage Rules
Bank Model
• Bank
• Bank Branch
• Branch Account
Key Features
• Automated Batch Payments
• Electronic Transmission
• Cross BU Payments
• Shared Services
Demo
• Payment Methods & Formats
• Transmission & Payment Systems
• Payment Process Profiles
• Disbursement System Options
• System Security Options, Bank Accounts
• End to End Process Flow
Key Features
• Quick Payment
• Cross Currency Payments
• SSC Security
• Intercompany Balancing.
Key Features
• One Time Payments
• No additional master data / setup overhead
• Shared Services
• Invoice Configuration & Demo
• Single Payments & Payment Process Requests
• Cross Currency Payments
• Cross BU Payments
• Invoice Imaging & One Time Payments