Oracle just announced the release of PeopleSoft Update Image 18 for FSCM 9.2. 14 reasons why your organization should consider uptaking this image?
Reason #1: Accounts Payable Integration with Imaging Solutions
Utilizing web services for either Accounts Payable or eSettlements, images can be integrated into PeopleSoft in FSCM 9.2 Image 18 through a content management or imaging solution. This allows organizations to capture documents completely through character recognition and enable them to automatically fill in data and route invoices to specific users within an organization. Once the data is integrated into PeopleSoft, users are able to go in and make changes using the Quick Invoice component and then build a voucher from the image data. Users are able to view the original image from the Accounts Payable or eSettlements page.
Utilizing web services for either Accounts Payable or eSettlements, images can be integrated into PeopleSoft in FSCM 9.2 Image 18 through a content management or imaging solution. This allows organizations to capture documents completely through character recognition and enable them to automatically fill in data and route invoices to specific users within an organization. Once the data is integrated into PeopleSoft, users are able to go in and make changes using the Quick Invoice component and then build a voucher from the image data. Users are able to view the original image from the Accounts Payable or eSettlements page.
Reason #2: Fluid Payment Request and Accounting Tag
PeopleSoft Payables in FSCM Image 18 utilizes the Fluid User Interface to make entering a payment requests easier than ever before. Users simply click on the Payment Request Center tile on the Fluid homepage to either filter through requests or create one of their own using a 4-step activity guide. To create a payment request, users enter in summary details, supplier information (by either selecting an existing one or creating a new supplier) and invoice line items, including Accounting Tags. Accounting Tags make it easy to standardize commonly used accounting transactions within PeopleSoft while saving users valuable time, removing the need to type in commonly used ChartField combinations each time.
Reason #3: My Billing Work—Fluid
In FSCM Image 18, WorkCenter capabilities within Fluid UI have been expanded. Users can add the My Billing Work tile to their homepages, making it easy to access while on the go. The page provides an overview for Billing Managers/Operational Leads to examine the current workload and address any exceptions that may arise. Numbers displayed next to each work item in the list represent the number of transactions within each item that are waiting to be reviewed. By clicking on “Invoices Not Finalized,” users can access and filter bills that are not completed, drill into the line items and take action directly from the page, such as printing the bill or marking the bill as complete. **It is important to note that in Image 18, the Billing WorkCenter is only available on small form factors and requires that organizations are running on PeopleTools 8.55
Reason #4: Procurement Operations Home Page Simplified Analytics
In PeopleSoft Procurement in Image 18, analytics can be shown directly to the right of the Supplier Watch list page when the Simplified Analytics option is enabled. Users can create a new report directly from the page, selecting the items they would like to include in the report. The report is saved in the My Analytics pane for future reference. Users also have the option to add the report to their Fluid homepage.
In PeopleSoft Procurement in Image 18, analytics can be shown directly to the right of the Supplier Watch list page when the Simplified Analytics option is enabled. Users can create a new report directly from the page, selecting the items they would like to include in the report. The report is saved in the My Analytics pane for future reference. Users also have the option to add the report to their Fluid homepage.
Reason #5: Fluid eProcurement Requisition Enhancements
The Fluid Requisition homepage in eProcurement is a one-stop shop for users to view requisition details and look through the Catalog, as well as create/submit any requisition requests.
The Fluid Requisition homepage in eProcurement is a one-stop shop for users to view requisition details and look through the Catalog, as well as create/submit any requisition requests.
Reason #6: Fluid Mobile Inventory, Phase 2
Image 18 provides a platform for the integration of PeopleSoft Supply Chain Management with mobile devices. All Mobile Inventory transactions are now available to users through Fluid. Fluid UI allows users to access transactions in a Single Item view or List view, providing enhanced flexibility and navigation. The solution is also intuitive, with notifications signaling to users that they have saved or completed an update successfully.
Image 18 provides a platform for the integration of PeopleSoft Supply Chain Management with mobile devices. All Mobile Inventory transactions are now available to users through Fluid. Fluid UI allows users to access transactions in a Single Item view or List view, providing enhanced flexibility and navigation. The solution is also intuitive, with notifications signaling to users that they have saved or completed an update successfully.
Reason #7: Master Contracts—Fluid
With Master Contracts in Fluid, users can access a summary view of contract information, including the master contract as well as all child procurement contracts, and create new contracts. Image 18 offers a combined and simplified approach to managing contract information. Users have the ability to add the Group and Special Contracts tile to homepages, allowing for quick access.
With Master Contracts in Fluid, users can access a summary view of contract information, including the master contract as well as all child procurement contracts, and create new contracts. Image 18 offers a combined and simplified approach to managing contract information. Users have the ability to add the Group and Special Contracts tile to homepages, allowing for quick access.
Reason #8: Fluid Travel Authorization and Simplified ChartField Entry
PeopleSoft Fluid Expense Report and Travel Authorization pages are now available on mobile devices, tablets and desktop through Fluid UI, utilizing a new ChartField Framework. The Travel Authorization entry component now matches the look and feel of other Expense components in 9.2 for a streamlined user experience. The Travel Authorization page in Image 18 also includes an Accounting Default button.
PeopleSoft Fluid Expense Report and Travel Authorization pages are now available on mobile devices, tablets and desktop through Fluid UI, utilizing a new ChartField Framework. The Travel Authorization entry component now matches the look and feel of other Expense components in 9.2 for a streamlined user experience. The Travel Authorization page in Image 18 also includes an Accounting Default button.
Reason #9: Electronic Signatures with DocuSign
The addition of DocuSign in PeopleSoft Supplier Contract Management allows users to sign documents electronically, storing the documents in the cloud. DocuSign allows users to upload documents and create signature fields, create authentication steps, check document progress and more.
The addition of DocuSign in PeopleSoft Supplier Contract Management allows users to sign documents electronically, storing the documents in the cloud. DocuSign allows users to upload documents and create signature fields, create authentication steps, check document progress and more.
Reason #10: Expanded Bank Reconciliation
Image 18 extends the functionality of PeopleSoft Treasury by allowing automatic bank reconciliation for multiple items to only one bank statement line. The Reconciliation Rules page provides users with an intuitive and consolidated way to set up Group and Match Reconciliation Date as well as the ability to set up Filter Criteria. The Process Reconciliation page provides users with the ability to run a reconciliation using the External Bank ID and Account Number. The newly expanded Bank Reconciliation feature reduces the amount of manual labor required by users and increases the accuracy of matching and automation.
Image 18 extends the functionality of PeopleSoft Treasury by allowing automatic bank reconciliation for multiple items to only one bank statement line. The Reconciliation Rules page provides users with an intuitive and consolidated way to set up Group and Match Reconciliation Date as well as the ability to set up Filter Criteria. The Process Reconciliation page provides users with the ability to run a reconciliation using the External Bank ID and Account Number. The newly expanded Bank Reconciliation feature reduces the amount of manual labor required by users and increases the accuracy of matching and automation.
Reason #11: AR Aging with Contracts
Aging Reports are now available to users using the Contract Number. Users can now access a new SQR Process—Aging by Department. The new reporting capability in AR provides users with enhanced flexibility, allowing users to run the report based on a single customer, group of customers, department(s), contract(s) or business unit(s).
Aging Reports are now available to users using the Contract Number. Users can now access a new SQR Process—Aging by Department. The new reporting capability in AR provides users with enhanced flexibility, allowing users to run the report based on a single customer, group of customers, department(s), contract(s) or business unit(s).
Reason #12: PayPal Payments in eBill Payment
PeopleSoft eBill Payment now allows for PayPal as an acceptable form of payment. eBill Payment utilizes PayPal Express Checkout, providing customers with increased levels of flexibility when it comes to payment options. Users are guided through the checkout process using an Activity Guide, being taken to a PayPal login page to enter their logon credentials, provide payment from their PayPal accounts and then be taken back into the PeopleSoft application.
PeopleSoft eBill Payment now allows for PayPal as an acceptable form of payment. eBill Payment utilizes PayPal Express Checkout, providing customers with increased levels of flexibility when it comes to payment options. Users are guided through the checkout process using an Activity Guide, being taken to a PayPal login page to enter their logon credentials, provide payment from their PayPal accounts and then be taken back into the PeopleSoft application.
Reason #13: Revenue Recognition Enhancements, Phase 2
PeopleSoft Contracts Revenue Recognition feature is now updated with additional enhancements, including the ability to identify the Revenue Profile of a contract based on a new contract attribute, ability to see product revenue list prices utilizing Order Management and the Enterprise Pricer and the ability to enter revenue’s total contract price, among others.
PeopleSoft Contracts Revenue Recognition feature is now updated with additional enhancements, including the ability to identify the Revenue Profile of a contract based on a new contract attribute, ability to see product revenue list prices utilizing Order Management and the Enterprise Pricer and the ability to enter revenue’s total contract price, among others.
Reason #14: EDI File Transformation with the Data Export Utility
Data Export Import Utility (DEIU) in Image 18 offers users support with electronic data import and export, replacing EDI Manager and Application Messaging. Using DEIU, users can import EDI files into staging tables or export data in EDI files. PeopleSoft offers users programs utilizing DEIU within FSCM 9.2 to assist in Billing, Purchasing, Payables and Receivables processes.
Data Export Import Utility (DEIU) in Image 18 offers users support with electronic data import and export, replacing EDI Manager and Application Messaging. Using DEIU, users can import EDI files into staging tables or export data in EDI files. PeopleSoft offers users programs utilizing DEIU within FSCM 9.2 to assist in Billing, Purchasing, Payables and Receivables processes.
For more information, download the Oracle White Paper on PeopleSoft FSCM Update Image 18. You will need your Oracle ID and password to access Oracle Support.
