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HomeMy WebLinkAbout4.c. Receive update on Implementation of Oracle Fusion Cloud Enterprise Resource Planning (ERP) system Page 1 of 5 Item 4.c. ,orVIOIN SAN September 29, 2020 TO: ADMINISTRATION COMMITTEE FROM: JOHN HUIE, INFORMATION TECHNOLOGY MANAGER PHILIP LEIBER, DIRECTOR OF FINANCE AND ADMINISTRATION REVIEWED BY: ROGER S. BAILEY, GENERAL MANAGER SUBJECT: RECEIVE UPDATE ON IMPLEMENTATION OF ORACLE FUSION CLOUD ENTERPRISE RESOURCE PLANNING (ERP) SYSTEM Attached is an update on the Enterprise Resource Planning (ERP) system. Strategic Plan Tie-In GOAL SIX. Innovation and Optimization Strategy 2—Improve and modernize operations through technology and efficiency measures ATTACHMENTS: 1. ERP Update September 2020 September 29, 2020 Regular ADMIN Committee Meeting Agenda Packet- Page 31 of 37 Page 2 of 5 �� +! ERP PROGRESS UPDATE John Huie Information Technology Manager September 29, 2020 s. 1 SCHEDULE mm GLOOM DEUGR � Gtobal De igr! j Today Ce tt>f kCWM 1 W%er oeHen NCM HCM Ong eEing 4 HCM Workforce Safety CRPL MT IM HCM Bene}i!5 �C�i vxi XCHI Goals&Perfvrmanrn j S� HOM tw,-,no { Mon CRP7 wt HCM Absence Myrnt E HCM I—a Labor PAYROLL �a�P}a Pay�oli CAPS Wt l:�i! Care Financials PracurementllmrenPPry � Financial Projects i BV06EiIN6 Pa�sle�o el.n j fy•F&WY o-gafe 2 1 September 29, 2020 Regular ADMIN Committee Meeting Agenda Packet- Page 32 of 37 Page 3 of 5 EXAMPLES OF BENEFITS • Electronic invoice workflow approvals. Will both reduce paper waste in the long run and improve internal controls as payments are automatically prohibited unless approved by the appropriate chain. • Invoices scanning allows for staff to import invoices up to Oracle which automatically reads and enters the invoice data. Saves time on data input. • All finance reports can easily be exported to Excel, allowing for improved analysis and data mining for Finance and other staff. • Data can be imported directly into Oracle modules. Legacy system required manual inputs for sometimes very large amounts of data. • Reduced duplicate entry into other systems. 3 - I 3 EXAMPLES OF BENEFITS • Electronic P-Card/travel expense report workflow approvals. Will both reduce paper waste in the long run and improve internal controls as payments are automatically prohibited unless approved by the appropriate chain. • Integration with US Bank Cal-Card system. Can upload data directly from US Bank for immediate input saving substantial time on data entry allowing staff to focus on analysis. • Improved P-Card reporting. To include more expense details for each transaction by cardholder. Separate report to be provided in addition to normal expenses report to Board. • Board invoice payment expense report to include additional columns for project descriptions and expense account descriptions, above and beyond vendor name, payment amount, invoice number, and invoice description. ` 4 4 2 September 29, 2020 Regular ADMIN Committee Meeting Agenda Packet- Page 33 of 37 Page 4 of 5 EXAMPLES OF BENEFITS • Much faster system generation of large GL detail reports. • Multi-phases sub module close schedule. Previously only closed GL as a whole. Delegating closure of sub modules (AR, AP, Procurement, Inventory, Projects)to appropriate staff will improve cut-off controls. • User friendly GUI allowing for authorized non-accountant personnel to easily access view only information and reports (i.e. Capital Projects accessing projects on a much larger scale). They can even request adjustments in the system. Must be approved by designated Accountant. • More logical chart of accounts will allow for intuitive drill down reporting capabilities and more informative report structures. Also granularity in expense accounts will improve over time. L 5 5 EXAMPLES OF BENEFITS • Multi-year budgeting and commitments tracking capabilities within the system. • Encumbrance accounting will allow for tracking of current year budget commitments to see truly how much budget is available at a given time in each division and budget line item. • Improved access controls and restriction capabilities allowing for more automated and reliable segregation of duties. • Contract builder tools will enable the use of templates to standardize language and track changes in the system. • Requisition attachments ensure that backup material is readily available during the procurement process and available in one location for future lookup. • Automated travel and expenses tracking tools. 6 6 3 September 29, 2020 Regular ADMIN Committee Meeting Agenda Packet- Page 34 of 37 Page 5 of 5 EXAMPLES OF BENEFITS • Payroll all-in-one system reduces manual payroll processing • Weekly time entry enables Accounting and Capital Projects to have close to real-time access to labor hours on projects. • Weekly time entry is staging Central San for future move to biweekly pay. • Leave requests and timecard approvals through email notifications. • Improved end-user experience including live accrual balances, being able to edit timecards after submitting them, and the ability to view old timecards and absences. • Ability to customize available project codes available based on needs. QUESTIONS? 8 CENTRALSAN 8 4 September 29, 2020 Regular ADMIN Committee Meeting Agenda Packet- Page 35 of 37