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The Challenge
Business
Cash Management
Current business practices to reconcile accounts and provide a daily cash position to the executive management team are time-consuming of some of the organization’s brightest minds. Furthermore, the cash forecast is not inclusive of items that are not seen at the bank. This is a little bit like driving forward while looking in the rearview mirror. The cash management portion of the project intends to address:
- Reduce manual efforts
- Strengthen controls for auditing and compliance
- Streamline financial operations for reconciliation
- Reduce labor expense
Technology
Consolidated Support
The technology group desires to show cost savings by reducing the number of applications for which they are paying maintenance, to provide better support through a dedicated PeopleSoft support team rather than the general IT backbone, and to show greater value for the PeopleSoft solution by utilizing delivered workflow and module integrations.
- Reduce the number of systems in the application portfolio
- Provide better service and support to the business
- Expand utilization of PeopleSoft approval workflow
The Solution
It is a long established fact that a reader will be distracted by the readable
Cash Management
PeopleSoft Cash Management is an ideal solution for Treasury management, especially for organizations that are already using PeopleSoft financials. For PeopleSoft financials users, the implementation of the cash management module enables a powerful set of tools that staff are already familiar with in order to robustly manage an organization's money.
Reduced implementation effort
Integrates with general ledger
Strong reporting tools
Configurable workflow
Native support for most bank formats
Integration & Single-Use Account Solution
PeopleSoft has the built-in capability to enable electronic payments including, wire transfer, ACH, and EFT payments. The work for this sort of thing largely comes from integration with your banking partners and the configuration of payables and treasury to enable the features. At Seattle Cancer Care Alliance the business requirement is to support wire and ACH, as well as a custom single-use account solution, which is similar to an ePayables solution, but more flexible and secure.
ACH and Wire payments using standard communication methods
BAI files for reconciliation using standard communication methods
Custom work to implement single-use accounts
Realizing Business and IT Benefits at the right time.
30%
Cost (or TCO)
85%
Performance
90%
Faster Deployment
100%
Compliance
Learn How You Can Gain the Same Benefits as SCCA
Scaling New Heights with Cloud Migration
Want to be one of the thousands benefiting from the Cloud? Here are some business reasons why now is the best time to start a migration of PeopleSoft to Oracle Cloud.
Zero Cost Migration of PeopleSoft to OCI
Migrate PeopleSoft to Oracle Cloud Infrastructure for FREE. Protect, maintain and support your applications with Astute's Autonomous PeopleSoft Managed Service.
CARE Success Story
Improving the lives of women, children, and families Oracle Cloud helps CARE streamline its operations in over 100 countries.
See The Team In Action
Upcoming Events
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Broadcom's VMWare Price Surge: Impact on the Tech Sector
Broadcom's VMWare Price Surge: Impact on the Tech Sector
Exploring Market Trends and Strategic Implications
Description
In this 30-minute panel discussion, industry experts will delve into the recent price surge of Broadcom shares, exploring its underlying causes and projecting its potential effects on the broader technology sector. As Broadcom—a leader in semiconductor and infrastructure software solutions—sees significant fluctuations in its stock prices, stakeholders from across the industry are keen to understand the repercussions. This session will cover key topics such as the drivers behind the price surge, including market trends, financial health, and strategic acquisitions. Additionally, our panelists will discuss how this volatility affects investors, competitors, and the technology market as a whole. Join us to gain insights that could shape your strategic decisions in this rapidly evolving landscape. Whether you are an investor, a tech professional, or simply interested in the dynamics of the tech industry, this discussion promises valuable perspectives to help you navigate the complexities of market changes.
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- Intelligent document processing
Next-Level Docs: IDP Strategies that Work
Next-Level Docs: IDP Strategies that Work
Improve Workflow with Intelligent Document Processing
Description
Join us for a dynamic 45-minute session where we'll dive into the powerful capabilities of Intelligent Document Processing (IDP). This technology isn't just about handling paperwork—it's about transforming how your business operates. Throughout our discussion, we'll explore how IDP uses machine learning and AI to turn dense documents into usable data, swiftly and accurately. You'll learn about the essential components of IDP systems, see them in action through practical examples, and discover strategies to seamlessly integrate these tools into your daily operations. If you're looking to cut costs, boost efficiency, and make more informed decisions, you won't want to miss how IDP can be a game-changer for your organization.
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Oracle Document Understanding ServiceEvent Audience
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- Ap automation
AI-Powered Invoice Automation
AI-Powered Invoice Automation
Transforming Finance with AI
Description
Join us for an engaging one-hour webinar that explores the revolutionary Astute AP Invoice Automation solution, powered by Oracle AI. Learn how artificial intelligence is reshaping finance by automating the entire invoice process, from capture to payment. We'll discuss key features such as automated error correction, fraud detection, and real-time analytics, providing CFOs and AP teams with the tools needed for efficient and secure financial transactions. Discover how to enhance visibility, speed up approvals, and manage cash flow more effectively with a cloud-native, plug-and-play solution. Perfect for finance professionals seeking to optimize their procure-to-pay processes and leverage cutting-edge AI capabilities for better business outcomes.
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Oracle Document Understanding ServiceEvent Audience
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- Peoplesoft lifecycle management
PeopleSoft Sytem Health: Key Insights
PeopleSoft Sytem Health: Key Insights
Optimizing PeopleSoft for Strategic Business Alignment
Description
In this insightful webinar, discover the comprehensive benefits of the PeopleSoft Health Check service offered by Astute Business Solutions. Learn how this assessment strategically aligns IT goals with overarching business objectives to maximize efficiency and effectiveness. Our experts will guide you through the process of analyzing business needs, organizational structures, and technical environments to optimize your PeopleSoft implementation. Enhance your understanding of the pivotal areas for improvement and prepare your PeopleSoft systems for future challenges and opportunities. Join us to empower your organization with the best practices and actionable insights from PeopleSoft specialists.
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PeopleSoft Lifecycle ManagementOracle Product Focus
PeopleSoftEvent Audience
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