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Evosyss Fixed Scope Offering

for Oracle Fusion Financials

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Oracle Fusion Financials


Complete Financial Management Solution

General Ledger

Accounts Payable

Accounts Receivable

Payments &
Collections

Cash & Expense


Management

Asset Management

Common Modules

Complete and integrated financial management solution


Streamlined financial management processes
Best-in-class financial management and operations capabilities
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Content

Business Objectives
Fixed Scope Offer Oracle Fusion Financials
Project Deliverables
Scope Exclusion
Implementation Approach
Key Assumptions
Project Team Structure
Client Responsibilities
Business Benefits
Evosys Advantage
Additional Services from Evosys for Cloud Applications
Evosys Cloud Clientele
Evosys Certified SaaS Implementation Partner

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Business Objectives
Implement a disciplined Financial management environment providing relevant insight and operational rights to users at
different levels in the Financials chain and various levels in the organizational hierarchy
Integrated processes with accurate record keeping & accounting
To have Real Time Reporting & Analysis of the organization's Financial Position
To have Transaction Trails, Centralised accounting monitors for easy Period Closing & auditing
Holistic view with In-built intelligence, role-based dashboards and embedded decision support system
Elimination of paper work with goal to achieve online and efficient environment

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Fixed Scope Offer Oracle Fusion Financials


List of Modules:

Fusion General ledger


Fusion Payables
Fusion Expenses
Fusion Receivables
Fusion Assets
Fusion Cash Management
Fusion Common Financial Module
Fusion Sub-ledger Accounting

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Fusion General Ledger


Business Scope High Level Business Process
Business Process
Manage Journals

Account Balance Reporting

Account Balance Analysis

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Manage Journal Entries

Manage Recurring / Allocation Journals

Manage Intercompany Journals

Journal Approvals

Budget Journals

Account Balance Translation

Account Balances Revaluation

Account Balances Multi Reporting

Consolidations & Eliminations

Real Time Account Balance Analysis through Excel

Fusion Payables
Business Scope High Level Business Process
Business Process
Suppliers & Supplier Invoice Management

Manage Suppliers
Manage Supplier Invoices
Invoice Approvals
Spreadsheet based Invoicing
Withholding On Invoices
Manage Supplier Prepayments

Supplier Payments

Supplier Single Payments


Supplier Batch Payment
Payment Printing
Payment Voiding / Hold / Reissue

GL Reconciliation
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Payables & General Ledger Reconciliation

Fusion Expenses
Business Scope High Level Business Process
Business Process
Manage Expense Report

Submit Expense Reports


Integrated Mobile Expense Report Submission
Manage Expense Report Audit

Expense Report Approval


Manage Employee advances

Expenses Reimbursement

Employee expenses Reimbursement


Corporate Card Expense Payments

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Fusion Receivables
Business Scope High Level Business Process
Business Process
Manage Customers & Customer Invoices

Manage Customers

Manage Customer Invoices


Invoice adjustments

Credit Memo applications


Advance Billing Revenue Recognition
Customer Receipt Management

Manage Customer Receipts


Automatic Customer Receipts
Credit Card Receipts processing
Receipt Reversal / Refund
Auto Receipt Application
Customer Receipt Remittance

GL Reconciliation
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Receivables & General Ledger Reconciliation

Fusion Assets
Business Scope High Level Business Process
Business Process
Manage Assets

Manage Fixed Assets


Manage Capital Work In Progress
Asset Addition through Payables & spreadsheet
Manage Asset Impairment
Manage Asset Retirement

Manage Asset details

Manage Asset Locations


Manage Asset Employee Assignments
Manage Asset Category

Asset Depreciation

Asset Depreciation
Unplanned Asset Depreciation
Suspend Depreciation

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Fusion Cash Management


Business Scope High Level Business Process
Business Process
Bank Reconciliation

Import Bank Statement


Auto / Manual Bank Reconciliation
Reconciliation Tolerances

Manage External Transaction

Record External Transaction


Auto Transaction Creation from Bank Statement

Reconciliations

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Cash Management & General Ledger Reconciliation

Fusion Common Financial Module


Business Scope High Level Business Process
Business Process
Intercompany Organizations

Manage Intercompany Organizations

Intercompany Transactions

Intercompany Invoicing
Intercompany Journals
Intercompany batch Approvals
Spreadsheet Based transaction Batch

Reconciliations

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Intercompany Reconciliation

Application Scope Detailed Configuration Scope


Configuration Details
Ledger

One Ledgers will be defined based on the Financial Reporting requirement

Business Units

One Business Unit will be defined with the invoicing & Expenses enabled.

Chart Of Accounts

Chart of Accounts will be defined as per the business requirements.

Account Hierarchy Tree

Parent Child Relationship Hierarchy shall be defined as per the business


requirements

Suppliers

Suppliers, supplier sites, contacts will be loaded in the system.

Customers

Suppliers, supplier sites, contacts will be loaded in the system.

Asset Books

One Fixed Asset Book shall be created to record the Assets details.

Bank Accounts

Internal Banks shall be defined based on the actual bank accounts.

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Application Scope Detailed Technical Scope


Configuration Details
Data Migration

Migration of open AP / AR Invoices, Assets, Trial balances &


Masters

Note:
1. Data has to be provided in Evosys Template and only open
transactions shall be migrated to Fusion Application.
2. Migration of historical data is out of scope for the project.
Reports

Development of 5 transactional Reports using BI Publisher


Recommended Reports
Customer Invoice Aging Report
Customer Dunning Letter Report
Supplier Outstanding Statement
Asset Register Report

Email Alerts

Development of 2 Emails Alerts (as per the requirements)

SLA Modifications

Development/modification of 2 SLA events (as per the


requirements)

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Implementation Time

Go-Live in 15 Weeks
Project
Design

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Configure

Validate

Transition

Realization

High Level Project Work Plan

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Common Section for all FSOs

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Project Deliverables
Deliverable Name

Deliverable Description

Project Charter

The project charter would include further details of the project mission
statement, approach, plan, scope and execution.

Project Work Plan

A plan that describes the tasks and timelines for all project activities.

Application Configuration/Setup
Document

A document that summarizes the configurations to be provided based on the


collected business information.

Test Scripts

Test Scripts for testing the configured functionality in the scope of standard
offering. Any further changes to this document will be performed by
Customer.

Training Material

Material to support familiarization sessions on the application.

Configured Production Environment

Configured Solution, validated for go live use.

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Scope Exclusion
Configuration Details
Single Sign On

Single Sign On setup is not included in the current scope of work

Third Party Integrations

Integrations with third party systems (inbound/outbound) is not included in


current scope of work

Custom Job Roles

Configuration of custom job roles would be not considered as part of the


project scope

Data Extraction and Cleansing

Data extraction from third party system is not included in the scope of the
project

End User Training

Evosys would follow the train the trainer approach, and end user training is
not included in the scope of the project

Change Management

Organization change management would be the responsibility of the customer

Migration of Historical Data

Migration of historical data is out of scope for the project

Upgrade

Upgrade of Fusion Application during project is out of the scope

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Implementation Approach
Project
Design

Finalize Project
Plan

Configure

Perform initial
setup in staging
environment
Iterative
Process

Project Kick Off


Meeting

Conduct workshop
to validate
configuration of
standard
functionality

Validate

Transition

Apply adjusted
setup changes to
staging
environment

Configure the
production
environment

Provide Post GoLive Support

Prepare users for


validations and
confirm solution to
be migrated to
production

Load, reconcile
and validate data
loads in
production
environment

Conduct a handoff
to the ongoing
Client Relationship
Management
Team

Conduct train the


trainer sessions

Go-Live (Begin
production use of
the system)

Document lesson
learnt and close
contract and
processes

Iterative
Process

Schedule
Workshops

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Load, reconcile
and validate client
data

Realization

Key Assumptions

Common business processes & policy across all the business areas would be implemented
Data migration to the Fusion instance subject to data provided in the templates provided by Evosys
All development and documentation will be done in English
The project execution will be done using an onsite-offshore model.
No Customization can be performed in the Fusion Cloud Application, only custom configuration within the standard system is performed
Train the Trainer approach for administering user training
Single sign-on solution with Fusion has not been factored
Historical data migration is out of scope
Organization change Management and end user training will be customers responsibility
Implementing any requirement, which is not a standard feature of the product, will not be binding on Evosys. The same will be agreed on
based upon on comments received from Oracle using the Metalink Support
Application bug repairs are the responsibility of Oracle Support and are not included in the project scope or estimates.
All key users of client would be available at common location for all project execution activities including Key User Training and Testing.
Upgrade of Fusion Application during project is out of the scope
Any 3rd party integration is out of the scope
A comprehensive list of assumptions and final timelines & estimates will be provided after a due diligence study conducted by Evosys

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Project Team Structure


Project Steering Committee

Evosys Program Manager

Client Project Manager

Supported by Strong and


Experience Evosyss Fusion
Financial Solution Architect
Team
Key Users

IT Team

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Functional Consultant Onsite

Developer - Offshore

Client Responsibilities

Client to finalize license agreements and get staging environment from Oracle for Fusion prior to start of the project
Arrange for a Project Executive Sponsor and Project Steering Committee
Assign a Project Manager to lead your staffs efforts
Assign experienced and empowered Business and IT users to work closely with Evosys consultants according to project plan
(some full-time allocation may be necessary at times).
Perform independently various project tasks according to project plan such as: (a) Provide data in format specified by Evosys
b) Customer side of Integration c) Perform UAT d) End user Training
Process & policy standardization across the organization has to be done by the customer prior to start of the engagement
Provide timely sign off of the deliverables within the timeframe agreed upon before start of engagement
Handle Change Management
Communicate project status to entire organization on timely basis

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Business Benefits (Fusion Financials)

Innovative embedded multi dimensional reporting platform through Out of the Box Hyperion Tools like Smart View
Role based dashboards which helps pushing issues and work to users
Embedded transactional intelligence guide users decisions
Out - of - the box imaging integration for supplier invoices
Extensive spreadsheet integration across finance functions
Gain real - time access to live financial data
Close faster visualization and monitoring of the close status for ledgers and sub-ledgers in related subsidiaries

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Evosys Advantage

Early Adaptor of Oracle Partner for Cloud Applications.


Evosys is Certified SaaS Implementation Partner.
Good Experience in Implementing Oracle Fusion Financials Application (Referencable Customer) .
Working Very Closely with Oracle Product Development team for various Cloud Implementation Projects .
Very Solid Experience in Implementing Oracle Fusion Financials Applications.
100+ Oracle Financials Consultants with certified Fusion Financials consultants.
Experienced in implementing other products in Fusion like Fusion Purchasing/SCM, Fusion HCM, Cloud Planning & Budgeting,
Taleo which gives an Cutting Edge to Evosys to have overall and better understanding of Oracle Cloud Applications as a whole.

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Additional Services from Evosys for Cloud Applications


Automatic 3rd Party Integration
Business Consulting
Master Data Management
End User Training
Change Management
Additional System Workshops
Business Process Documentation
AMC
Fusion Application Upgrade
Custom Reports & Email Alerts Development

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Evosys Cloud Clientele


Our Prestigious Cloud Clients

Above list includes on-going projects also

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Thank You

All the logos, trademarks, trade names and service marks mentioned in this document are the
property of their respective owners and are hereby acknowledged.

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