Focus on User Groups at Oracle OpenWorld

Anyone who reads my blog regularly might be tired of me praising user groups, but I believe it is worth repeating myself.  The type of information sharing you get from user groups is unique and very valuable, it is important for Oracle to support that, be aware of it, but not interfere.  I have been involved with the Oracle Apps User Group via the GL SIG for several years now but I will never push my agenda, I listen, provide information or presentations that are requested and I learn.  Many of my colleagues will tell you the same.  So Sunday is User Group day at OpenWorld and I look forward to seeing a lot of familiar faces and learning something new.  I have a bit of a schedule crunch this year, 12 months ago I committed to run the 5k “Dolphin Dash” School fundraiser with my 8 year old son, I didn’t think for a minute it would fall on the same date as OpenWorld.  So I have to run a 5k at 9am and then dash into San Francisco to present at the GL SIG for 11am, if I arrive in my running gear, still sweating please accept my apologies.  I will stay around for more of the sessions and always I will be active on twitter, so you can find me that way too.

At the GL SIG I’ll be talking about and briefly showing the new Accounting Hub Reporting Cloud Service, which I am very excited about.  You will also hear from Lakshmi Sampath from Dell about SLA on their upgrade to R12.  The full agenda is below, I hope to see a lot of you there.

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Agenda GL-SIG @ OpenWorld 2014 on Sunday, September 28th, 11.00am
Location – Moscone W – 3005

Agenda

  1. Introduction to the SIG
  2. Proactive support presentation
  3. Sponsor message (Excel4Apps)
  4. Lakshmi (SLA on Upgrade @ Dell)
  5. David Haimes new Accounting Hub Cloud Reporting Service
  6. Open questions

We will be joined by our Oracle colleagues to tell us about ProActive support and their leading practices to deliver content and help to the Oracle user community.
Excel4Apps will be helping us by sponsoring the meeting at this conference.

In the past many oracle apps customers have looked elsewhere for their reporting needs – until now – see a preview of “Accounting Hub Reporting Cloud Service”. See how many finance users are using their favorite tools for reporting – Smartview, Cubes, and related functionality to get their financials.  Fusion Account Hub Reporting Cloud Service is a new subscription service provides out of the box integration with EBS R12 General Ledger for reporting.  This session will provide an introduction to the new service, how it connects, works with EBS data, the reporting capabilities available and what it does and does not support.  Come listen to David Haimes, Senior Director, Financials Product Development t alk about the new service.

Hear what Lakshmi Sampath from Dell has to say about their upgrade to R12. The presentation covers the R12 Upgrade Case-Study at Dell providing details on what happens during upgrade to R12 in various subledgers (PO, AP, AR, PA, FA) with respect to SLA. This presentation will also provide details on strategies for data conversion to SLA model during upgrade, and cover critical lessons learned during the upgrade @ DELL.

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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

Great Blog for Financial Accounting Hub Information

I have mentioned the Financial Accounting Hub (FAH) before on this blog, but have never really gone into a lot of detail.  The good news is that you don’t need to wait for me to get around to writing about it, Sven Van Leempt has got some great posts on his blog, he has real world experience implementing FAH and in particular integrating it with Peoplesoft GL.  I would recommend starting with is post explaining the relationship between FAH and the Subledger Accounting(SLA), this is a question that comes up a lot.

Financial Services Accounting Hub(FSAH) is now called Financials Accounting Hub (FAH)

The Financial Services moniker was always misleading because there is nothing specific to the Financial Services industry in the product, now this has been fixed and the official name is Financials Accounting Hub. So that one is cleared up.

I have had a number of people asking for more details on this product, you can start with Oracle’s data sheet or the link above to the oracle.com FAH site. There is a nice article introducing FSAH and SLA on the Oracle Consulting Solutions site by Sven van Leemput, this is a a good read. There is also presentation on slideshare from capgemini and kpn telecom about their experience with the Accounting Hub, nice to see some practical examples, even if it is at a high level. I have not done a metalink search recently, but I am sure there is plenty of information there too for those with access to metalink and of course there are the OTN forums.

Anyone else have any good sources of information – please share them via the comments.