Oracle EBS Financials Health Checks

The Financials Health Check will provide suggestions on how to improve or fix your existing issues within your separate Financials modules. In addition, we will provide recommendations on avoiding long term issues, improving business processes, improving efficiency, and leveraging unused functionality for quick win solutions.
We also will facilitate a conversation about your current version of E-Business Suite and help identify opportunities to leverage functional enhancements available in subsequent versions, including up to version R12.2.2.

Assessment Areas by Module:

General Ledger

A review of current General Ledger processes, including:

• Review month-end processes and suggest areas which may reduce period end closure
• Review Interfaces from Subledgers.
• Review SLA transformations added
• Check and  Clear (option) interface table for old Journals.
• Review of GL Setups and errors.
• Review Web ADI usage and Budgeting, if not currently leveraged.
• Review of Allocations Process and Demonstrate Mass Allocations if not currently leveraged.
• Review Financial Reporting processes and methods.  Demonstrate standard Oracle FSGs, and Report Manager, if not currently leveraged.

Receivables

A review of current Receivables processes, including:

• Invoicing and Revenue Recognition
• Autoinvoice Issues, review of common issues and fixes
• Clear out old lines in the interface tables (optional)
• Review Receipt Process and make suggestions on Automation and use of Electronic Receipts.
• Review navigation and folders and make sure customers understand use of them and possible additional forms
• Review Aging Process and suggest possible additional forms/reports.
• Review Customer Setup process and review correct usage of customer addresses
• Review Receivables to GL Issues common issues.

Payables

A review of current Payables processes, including:

• Supplier Setup review and review correct usage and make sure key accounting setups are included.
• Review Procure to Pay setup/process and review common issues and provide suggestions.
• Suggest automations where it makes sense e.g. Pay on Receipt, Electronic Invoices from Suppliers and Invoice uploads.
• Review check processes and electronic payment usage and recommendations on ACH/wire usage.
• Review 1099 setup and issues
• Review Payables to GL common issues and fixes.
• Review Navigation and Folders and make sure Customers understand use of them and possible additional forms.

iExpense

A review of current Expense Reporting processes:

• Review of current processes and review setups for Expense Reports and issues if using iExpense.
• Demonstrate iExpense if not using to see ease of use in an existing Oracle environment.
• Review Employee Expense Reimbursement Process and ACH Reimbursement Process, if using checks as this is a big employee satisfaction quick win.
• Review of Automated Credit Card Import.

Cash Management

A review of current Cash Management processes:

• Review of current processes and review setups for Cash Management and issues.
• Demonstrate Cash Management if not using to see ease of use in an existing Oracle environment.
• Review available automations available from Bank to enable automatic reconciliations.
• Review other CM capabilities to include proactively managing cash.

Fixed Assets

A review of current Fixed Assets processes, including:

• If currently not using Oracle Fixed Assets, demonstrate ease of use and quick implementation timeline in an existing Oracle environment.
• Review Asset Addition process and setup including Categories and Locations.
• Review and (optionally) clear Mass Additions Interface for old transactions.
• Review Tax Books process and setup.
• Review Assets to GL interface.
• Review Navigation and Folders and make sure Customers understand use of them and possible additional forms.
• Review Reports usage and suggest additional Reporting.