Oracle's Journey to ERP and EPM Cloud: Tomorrow's ERP, Today

I am Cory West and I am the chief accounting officer here at Oracle and I'm gonna spend a few minutes talking with you about Oracle's journey to the cloud so it says journey to the ERP cloud but I'm going to back up a little bit and maybe take a little broader view are there are a number of applications that we run that are kind of integral to our ERP footprint so starting in 2012 it's kind of when our journey to the cloud commenced and and it began with our implementation of a sales cloud and I'll try and make clear why we think that matters in a few minutes it was followed up by some edge application implementations in the HR space and then some samantha application implementations in the marketing space the are kind of toe in the water in erp began in 2012 as well with our implementation of fusion accounting hub so fusion accounting hub is now basically cloud GL it's the it's the engine that we use to consolidate its its we post to the Fusion County hub and we've been using fusion accounting hub since 2012 as kind of a cockpit for GL and reporting we also implemented in 2012 actually 2013 our ERP cloud solution at OFS S&O FSS is a public company it's an Indian public company we own 75% of its 25% publicly owned in India but it's a it's an ERP company they sell financial solutions around the globe they operate internationally and they they basically had the same model that Oracle had at that point in time so we thought it was a really nice way to see what the applications can do and to get a chance to look at those applications and assess their capability visa vie a broader Oracle rollout so that was kind of where we kicked off our cloud implementation fast forward a few years 2015 is 17 so the big thing we did first in that time frame was the our core HCM cloud implementation so we clementa HCM cloud in 2015 we migrated that to the public cloud in late 2015 along with the implementation of FA H and the ERP cloud for FSS so we were running all that stuff in the public cloud at that point in time that was important to us because we really wanted to get to have the same feel that our customers had with regard to the use of the applications we wanted to have the same experience we really didn't want to have a private cloud implementation we wanted to have a public cloud implementation so we made that move at that point in time a couple of other big things happen in that window as well in the late 2015 timeframe we implemented CPQ cloud and cpq clouds configure price quote it's another really pivotal technology for us in our quote erp footprint because it really allows it's put us in the position of being able to do touchless automation around our order front end so with CP queue in many of our transactions across our entire business we're able to start with a an opportunity in the sales cloud convert that to a quote in CP queue and assuming that it's a it's a standard order doesn't require any intervention contractually it can flow directly to order management and then you know it's invoicing and then subsequent collections so that whole front end ordering process can be a touchless transaction and we're trying to drive more and more of our volume into that into that channel because it's it's very strategic for us I mean obviously the leverage points you get the cost of per transaction it's much much lower to the extent that we can leverage that capability and so that's a really pivotal technology the next thing we did was EPM cloud so our planning cloud roughly a year we've been on our planning and budgeting cloud and again another it's been a very beneficial move versus the Hyperion implementation we had on-premise time and then finally this last December we went live with ERP cloud across all of Oracle actually I should say we wouldn't live with ERP cloud excluding order management and supply chain which will be coming later in this calendar year we're going to finish the ERP cloud implementation and we're gonna finish the supply chain implementation this calendar year and next calendar year we'll be moving our business intelligence solutions from on-premise applications into the cloud so this is kind of a a little slightly different depiction of what that footprint looks like today kind of with the intent of showing what a coexistence environment looks like the stuff in the boxes where it says global corporate where Pat warehouse and e-business suite are are on pram footprints that's the stuff that's still sitting on premise as of January and the stuff in those little clouds or all the things that we're running in the cloud with you know what you can see you know loosely as the integration points between the on-premise solution and the cloud solutions so a few comments about some of the benefits we've seen with this with the implementation we took the opportunity with the cloud implementation to implement a global chart of accounts I maybe if I take one step back you know Oracle at one point in its history about 20 years ago was running 64 different instances of their applications and just as a result of organic growth sticking a flag in the ground every time we opened up a new country we kind of found ourselves in that position we rationalized that to a global single instance of our applications and a whole bunch of other business process changes that we went through but in doing that we still wound up with 32 different transactional charts we we had we couldn't make the transactional charts we can't go away at the point in time that we made this change happen we mapped them to a global parent chart of account that we use for consolidation reporting kind of topside reporting and and other management reporting as well but at the transactional level we didn't have a single chart of accounts every time we would upgrade the application we intended to have a single chart of accounts we intended to migrate move to a global single chart and it was one of the first things that would be desculpe t' in every implementation we ever did and we said to ourselves we'll move we're moving to the cloud and we're not going to lose this opportunity to to move to a global single chart a global transactional chart and we and we didn't we planned for over two years to make that happen and I would say I would argue that probably one of the biggest chunks of work that we entered into in our Kol cloud ERP migration was this you know moving to that global chart took an enormous amount of work by the folks on my team a lot of effort and and it's paid off you know so you know what's what's the big deal about the global chart well you know again if you've got thirty two charts McKenna's transactional level imagine the BI reporting problem you have imagine the data management and data migration problem you have and just imagine the business process differences that you face and I've received one of my order management folks here I mean in om in in payable everywhere that you touch the applications there are differences there difference in I mean and it may not it may seem trivial but it's not particularly with regard to data management reporting so it's been a huge benefit for us to get to this global chart of accounts something that you know we're very happy we didn't sacrifice and we were very committed to not sacrificing I mention that we moved the EPM cloud you know we were running Hyperion we actually had very nice tools to actually do budgeting to do budget reporting to do I mean the things that in an on-premise implementation were very effective except that whenever we were we were doing scenario analysis whenever we're doing you know any kind of ad hoc during the budget process we would basically dump a bunch of data out in Excel worksheets there'd be a lot of analysis there'd be updates and and so now with the capabilities of the EP EPM cloud you know and I we just went through the planning cycle so I'm quite familiar with with the difference in the process and the flexibility that we have now if we want to change some headcount assumptions if you want to change comp assumptions if we want to move anything around from a scenario perspective you know using kind of Excel extensions or other tools just isn't necessary that that capability exists in the tool and it's been the speed with which we can Rev and get things turned back around has been significantly enhanced so it's been it's been a real benefit to moving to EPM cloud procurement so this is another area where we actually in our ebusiness suite implementation were you know had a relatively nice implementation of procurement but the the clouds actually benefited us greatly here it's really allowed us to enforce a lot of Business and Finance controls and rules that you were a little bit of a challenge to enforce in our on-prem implementation it's allowed us to really manage our supplier database much more effectively and by the way when we implemented the procurement cloud you know it gave us the chance to scrub that data and significantly reduce that that database it's also enhanced our ability to deploy self-service applications in a big way this is another one of those areas if you think about places where you can really drive self-service expense reporting procurement payables and ideally that that order front end or that are the route the places where big transaction volumes can take place and if you can do it there's there big benefits to doing it so this is one of those areas and then finally I collected to mention that the December implementation included supply chain planning supply chain and manufacturing will finish the implementation of this summer but supply chain planning went live in December and again it's another one of those areas but you know that there's the business intelligence capability that that goes with the supply chain planning implementation we just did has been an enormous benefit it's significantly reduced our whole planning process our cycle times with our third-party manufacturing vendors has been cut from you know weeks to hours and days and it's been it's been a very big benefit the other big benefit and kind of related to that is the reporting capabilities that exist in supply chain it's basically a self-service reporting capability that's very flexible and that's really kind of what's enabled that that speed and the ability to Rev and improve the proof cycle times in the supply chain process so to summarize kind of talk about all the stuff so we get with single chart of accounts this whole integrated procurement process supply chain planning and scenario analysis we talked about and this and then self serve a self service again it's a huge focus for us because the more we can drive self service in our organization the more we can create scale of scalability and allow ourselves to grow without incremental cost you

Channel: Oracle

Views: 19,901

Keywords: EPM Cloud, fy17, Oracle EPM Cloud, enterprise resource planning, Finance Modernization, Supply Chain, FP&A, EXT-18-132, Enterprise Performance Management, retire-2018, Financials Cloud, 30541427, ERP Cloud, Procurement, yt, PBCS Cloud, Oracle SCM Cloud, Applications, Oracle ERP Cloud, Corey West, Supply Chain Planning, Supply Chain Management, Keynotes and Presentations, Oracle Procurement Cloud, Financial Planning and Analysis, SCM Cloud, English, fy18, search-gallery

Id: Woa4JpoyiDM

Length: 11min 57sec (717 seconds)

Published: Mon Apr 16 2018