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Student Guide
R12PrevFIN
January 2017

Learn more from Oracle University at education.oracle.com


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Disclaimer

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Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective
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Contents
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1 Oracle Financials Cloud New Features Preview for Rel 12


Objectives 1-2
New Features Summary: Common Technologies and User Experience 1-3
New Features Summary: Financials 1-4
User Experience 1-5
Applications Technology: Simplified User Experience for the IT Security Manager 1-7
Security Console 1-8
Applications Technology: Security 1-9 s a
Applications Technology: Other Features 1-11 h
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Advanced Collections 1-12
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Assets 1-13
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Expenses 1-14 r
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Payments 1-15
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Receivables 1-16
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Transactional Business Intelligence 1-18

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Summary 1-22
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For Additional Information 1-23
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Safe Harbor Statement
Unauthorized reproduction or distribution prohibited Copyright 2016, Oracle and/or its affiliates

The following is intended to outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any contract. It is not
a commitment to deliver any material, code, or functionality, and should not be
relied upon in making purchasing decisions. The development, release, and timing
of any features or functionality described for Oracles products remains at the sole
discretion of Oracle.

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1
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Oracle Financials Cloud


New Features Preview for Rel 12
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Objectives

After completing this session, you should be able to discuss the new features of
Oracle Financials Cloud.
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 2


New Features Summary: Common Technologies
and User Experience
In this release of Oracle Financials Cloud, new features have been included in
the following modules or areas:
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Common Technologies and User Experience


User Experience
Applications Technology
Integration
Extensibility

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 3


New Features Summary: Financials

Financials
Advanced Collections
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Assets
Expenses
Payments
Receivables
Transactional Business Intelligence

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 4


User Experience

Financial Setup Screens


The new look-and-feel of the transaction pages that was introduced in the
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earlier release has been expanded to all Financial setup pages.


Fields, buttons, and regions may have been moved in order to provide a more
effective and accessible work area on any device.
A new set of icons with simplified appearance has been introduced, allowing
you to perform actions and functions on the page.
End User Personalization of the Navigator and Springboard
You can personalize the Navigator and Springboard to show or hide the
Navigator menu items or Springboard icons for navigation. a
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 5


User Experience

Announcements Preview
You can preview your announcements before posting them to the
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Announcements panel on the home page.


Notification Actions
You can enhance your bell notifications dialog box to include custom and
system actions.

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 6


Applications Technology: Simplified User Experience for the
IT Security Manager
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 7


Security Console

User Account information such as


password, lock, and unlock are managed in
the Security Console.
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Roles are now managed directly in the


Security Console, and are no longer
managed within Oracle Identity Manager or
Authorization Policy Manager.
Privileges are predefined by Oracle, and
are no longer created or managed by the
user.
You can now view, create, or change roles s a
without first selecting an application. h
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 8


Applications Technology: Security

Improved data security model


User account management
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Administrator password management


User password management (self-service)
User account locking
Enhanced role visualization
Tabular role hierarchy view
Search in role hierarchy visualization
Username generation rules s a
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 9


Applications Technology: Security

Password policies
Notification templates
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Upgrade-safe management of factory-shipped roles


Bridge for Microsoft Active Directory
User password changes audit report
Integration of custom identity management solution
Password reset

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 10


Applications Technology: Other Features

Integration
Financials Data Extract: Outbound Integration
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Financials Data Extract empowers business enterprises with the capability to


extract complete or incremental financials data from the Oracle ERP Cloud to
seamlessly integrate with on-premise, legacy, or other cloud systems.
Extensibility
Large Icons
You can choose to select small or large Springboard icons.

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 11


Advanced Collections

Collections Work Area


You can manage the work assigned to individuals more efficiently by using the
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Advanced Collections Work Area.


Collections Agents can prioritize delinquent customers, promises, strategy
tasks, and activities, and review collections data that is conveniently
summarized into four new information tiles.
Delinquent Customers information tile
Promises information tile
Strategy Tasks information tile
Activities information tile
Collections Case Folder s a
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Group transactions and make collection efforts against them as m if) theywere a

single transaction by using the Advanced Collections Case
o ide
cFolder.
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 12


Assets

Assets Statutory Reports


Optimize experience for business users with new Assets statutory reports.
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Expedite reconciliation of your depreciation accounting with General Ledger.


Review depreciation expense by asset account and balancing segment for
each tax year.
Stay in total control of assets by tracking asset sources. Track new asset
additions or cost adjustments by their source, including the related invoice
details for any period range.
Comply with US Inland Revenue Property Tax Sections 1245 and 1250.
Track amounts for sale or exchange held longer than the capital gain s a
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 13


Expenses

Global Per Diem Policies


Enforcement of statutory compliance with global per diem policies
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Support for complex per diem requirements, such as time-based rates, first
and last day rates, same day rates, long-term travel rates, and weekend and
holiday rates
Support for meal and accommodation deductions and per diem eligibility
criteria
Spreadsheet-based upload to create per diem rates

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 14


Payments

Payment Approval
Maintain control over payments made to suppliers.
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Submit payment process requests for management review and approval or


rejection before sending payments to suppliers.
Prioritize payments to ensure that funds are both available and used
effectively.
Approvers receive emails, as well as online payment approval process
notifications to review the payments.

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 15


Receivables

Recurring Billing
Efficiently automate generation of recurring invoices based on negotiated
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terms of contract with your customer by using the Recurring Billing feature.
Start by creating a bill plan record to define information such as billing
frequency, contract dates, customer information, payment terms, and the
items and memo lines to be billed on each invoice.
Generate an invoice from the bill plan.
Each invoice provides a consistent record of goods and services provided in
the given billing period.
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The Recurring Billing feature provides all the tools necessary to create,
) h bill plan.
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review, and edit bill plans, and monitor the historical activityoof
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 16


Receivables

Installment Update
Update the installments on individual invoices.
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When necessary, modify the unpaid installment payment schedule for an


invoice according to customer requirements.

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 17


Transactional Business Intelligence

Improved Payable and Receivable Reconciliation Drilldown Scalability


New tables give better drilldown performance to payables and receivables
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activities.
One consolidated action link quickly displays the transactions causing the
difference.
Usability Improvements for Assets
The Assets subject areas related to depreciation and asset transactions have
been redesigned, resulting in better support for asset transactions.
Summarization of transactional data has been added to improve performance.

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 18


Transactional Business Intelligence

Usability Improvements for General Ledger


Report authors can build report content more effectively with several usability
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improvements in General Ledger.


Hidden dimensions have been un-nested for easier access.
Descriptive Flexfields:
New global descriptive flexfields have been added in the areas of Receivables,
General Ledger, Globalization and Expenses.
New Who Columns:
Auditing requirements are better supported by the addition of Who columns in
reporting. s a
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 19


Transactional Business Intelligence

BI Extender Improvements:
Proactively validate missing or problematic configuration issues related to Key
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Flexfields, Descriptive Flexfields, and Essbase before BI Extender is executed.


This makes the configuration process more efficient.
Subject Area Search:
Perform a search and directly add the search result to the report that is being
created or modified.
Saving a Column:
New columns can be saved in the BI Catalog to be available for re-use when
building other reports where the column might be needed.
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 20


Transactional Business Intelligence

New Print and Export Options:


Enable better formatting leading to improved readability of report data with new
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report print options. The ability to format charts and reports makes report
layouts more appealing to end users.
HTML5 Graph Style:
Use web browsers that do not support Flash Player to view graphs in OTBI.

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 21


Summary

In this lesson, you should have had a preview of the new features in Oracle
Financials Cloud.
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Oracle Financials Cloud New Features Preview for Rel 12 1 - 22


For Additional Information

Review the Oracle Release Readiness Website.


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Oracle Financials Cloud New Features Preview for Rel 12 1 - 23


Safe Harbor Statement
Unauthorized reproduction or distribution prohibited Copyright 2016, Oracle and/or its affiliates

The following is intended to outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any contract. It is not
a commitment to deliver any material, code, or functionality, and should not be
relied upon in making purchasing decisions. The development, release, and timing
of any features or functionality described for Oracles products remains at the sole
discretion of Oracle.

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Oracle Financials Cloud New Features Preview for Rel 12 1 - 24

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