Fusion Accounting Hub is the talk of Las Vegas

As I was planning my agenda for the Collaborate 14 (#C14LV) conference next week, I noticed a lot of sessions on Fusion Accounting Hub.  In my earlier post defining Fusion Accounting Hub (FAH) I introduced this idea of a reporting platform, it is a compelling reporting and consolidation solution and as such is gaining a a lot of attention, particularly when Coexisting with Ebusiness Suite, Peoplesoft or JD Edwards ERP systems.

I will be presenting Monday at Collaborate on Fusion Accounting Hub coexisting with E business Suite R12 and how it was used to implement a global chart of accounts.  The multinational SIG has a series on reporting and there are several other sessions from various customers and partners on Fusion Accounting Hub and Coexistence.  I’m listing them below so you can plan accordingly, I will be at most of these, look forward to seeing you there too.

 Monday 7th April

 Reaping the Benefits of Coexistence Strategy With Fusion Accounting Hub: A Case Study

1:00 PM-2:00 PM

Session ID: 14480
Room: Level 3, Murano – 3201
Abstract: Oracle’s Fusion Application provides organizations with the option of next generation of enterprise applications which can optimize their business user experience and productivity. With Fusion Applications, organizations now also have a choice to coexist with their existing IT investments. This session will focus on the Fusion Application Coexistence strategy with the use of Fusion Accounting Hub and show case a few case studies of how fusion accounting hub was used to integrate EBS, PeopleSoft and JD Edwards.

  • Sujoy Hajra, Deloitte Consulting USA
  • Ganesh Bhoominathan, Deloitte Consulting USA
  • Rattan Singh, Deloitte Consulting USA

 E-Business Suite Coexistince With Fusion Accounting Hub and Implementing a Global Chart of Accounts

3:20 PM-4:20 PM

Session ID: 14977
Room: Level 1, Marco Polo – 805
Abstract: Hear how Oracle implemented Fusion Accounting Hub Coexisting with it’s R12 EBS Financials and transitioned to a new single Global Chart of Accounts in less than a year. You will learn the principles and process used to determine and reach agreement on the new chart of accounts as well as how the final result looks. In addition you will learn how over 100 ledgers are consolidated in Fusion Accounting Hub and the time to close reduced. We will discuss the best practice recommendations for Fusion Accounting Hub.

Tuesday April 8th

Fusion Financials Cloud & Fusion Accounting Hub

1:45 PM-2:45 PM

Session ID: 105810
Room: Level 3, Murano 3202
Abstract: Get up and running on Fusion Financials at the speed of Cloud using the Fusion Financials Implementation tools. Upload tools allow you to upload repetitive type entries directly from Excel to Fusion Financials Cloud, such as the chart of accounts. The Functional Setup Manager guides you through the essential steps to set up and configure your applications using the most common features and best practice considerations. Also discover how Oracle Fusion Accounting Hub address common problems such as integrating accounting from both Oracle and non-Oracle applications. All this will allow you to reap the benefits of Fusion on the Cloud or On Premise faster than ever before.

Making the Choice: E-Business Suite 12.1, 12.2 and/or Fusion

3:00 PM-4:00 PM

Session ID: 14953
Room: Sands, Level 1 – 307
Abstract: With the availability of E-Business Suite 12.1, 12.2, and Fusion, Oracle customers who are still on 11i have a whole host of choices to consider when migrating from their current 11i system. This presentation will outline both the benefits and risks in upgrading/implementing all three ERP systems and how you can develop a business case and migration strategy based on this knowledge. Fusion co-existence will also be discussed and considered within this roadmap.

Co-Existence Versus Replacement, the Future of Global Implementations, a Multi-National User Panel

4:15 PM-5:15 PM

Session ID: 14436
Room: Sands, Level 1 – 307
Abstract: We need to do better! Global ERP implementations rarely have provided the expected business benefits and never seem completed. We need more flexibility, nimbleness, and adaptability to change:prepare for co-existence of systems, not just replacement. At the same time we need to promote multi-country compliance solutions and parallel multi-country integration.Rigorous focus on data validation, global process standards, and minimizing applications diversity are other corner stones. We will have a spirited discussion.

 

Thursday April 10th

Using Fusion Accounting Hub to Consolidate Third Party Accounting Systems into PeopleSoft Financials

1:00 PM-2:00 PM

Session ID: 108720
Room: Level 4, Lando 4303
Abstract: If you have many third party systems that require specific accounting rules and have built individual integrations into Oracle’s PeopleSoft Financials, then this session is for you. Let us show you how Oracle’s Fusion Accounting Hub can streamline the maintenance and creation of accounting from the many feeder systems. This session will also deep dive into the integration built between the accounting creation of the hub into PeopleSoft General Ledger. We will show you how you can use the power of PeopleSoft and the power of the Fusion Accounting Hub to reduce costs, maintain higher levels of controls and auditability.

Friday April 11th

Fusion Accounting Hub: How to Maximize Your Existing Investment in Oracle Apps Unlimited Products?

09:45 AM-10:45 AM

Session ID: 14399
Room: Level 3, Murano – 3201
Abstract: Fusion Accounting Hub (FAH), provides a complete set of accounting tools. The product supports all financial management and analytical reporting needs. There are various approaches to adopting FAH in co-existence with various systems. Oracle has provided pre-built integrators using GoldenGate from EBS and via ODI from PeopleSoft to integrate to FAH. Non-Oracle sources can also be integrated. FAH offers the product’s full reporting, catalytic, drill down and integration capabilities to AU customers.

Fusion Financials: How to leverage Fusion Financials ( New Implementation vs Coexistence)

12:15 PM-1:15 PM

Session ID: 15147
Room: Level 3, Murano – 3201
Abstract: This presentation will provide an overview of Fusion Financials. We will review the new functionality that exists in Fusion Financials and compare it to E-Business Suite. We will also review the implementation options and compare a new Financial Implementation with a Coexistence model alongside E-Business Suite.

  • Eric Deering, Apps Associates
  • Srinivas Pothireddy, Apps Associates

Author: David Haimes

I'm Senior Director in the Oracle Research and Development Organization, with close to 20 years working in various roles on the development of the Financial Management product suite.  Since the summer of 2016 my focus is exclusively on working with customers and longer-term design work, particularly around next-generation functional and technical architecture. My task is to figure out NOW what the financial management system of the next 3, 5 or more years should look like and start working toward it.  At the moment the majority of my time is spent working on Blockchain or Distributed Ledger Technologies (DLT), leading the effort for all of SaaS applications.  I'm also interested in AI, Machine Learning and new UX and interaction paradigms such as chat bots. I started out in Oracle UK and found my way out to Oracle's Redwood Shores, California HQ in May 2000.  My previous role was product owner for Fusion Accounting Hub, General Ledger, Intercompany and Legal Entity products in Oracle Fusion Financials and eBusiness Suite General Ledger. I have also worked on EMEA Globalizations, Federal and Public Sector Financials, XML Payments and a variety of projects on other products down the years.

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  1. Pingback: Focus on Accounting Hub at Oracle OpenWorld | David Haimes Oracle Intercompany Financials Blog

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