Procure to Pay 

Oracle Procurement Cloud Is used to streamline the source-to-pay process through automation.

• Automate requisition through invoice matching and payment
• Simplified Shopping - help users to quickly find the goods and services they need with a familiar consumer buying experience
• Ensure your negotiated pricing and terms are automatically leveraged to realize maximum savings
• P2P includes:
  • Contracts
    • KU Mandatory Contracts
  • Financials
    • Procurement Services - Payables 
  • Procurement
    • Procurement Services
    • Technology Standards
    • All Forms
    • Purchasing Forms
  • Suppliers 
    • Supplier Information 

The General Ledger is the master database with all transactions at the University; accessed through a module in FITC.

• Transactions in FITC ultimately result in a journal entry appearing in the General Ledger
• Miscellaneous journals are entered by Central Offices 
• Although the GL is impacted by all FITC transactions, the GL is used by Central Offices
• GL Documentation 
• GL Forms

 Fixed assets are tangible assets brought in service for business use and are not expected to be converted to cash in the near future.

• Fixed Assets module is a complete front-end module that captures and tracks the characteristics of the University's Fixed Assets. 
• Fixed Asset module is maintained by Central Offices for Research and State
• Fixed Assets Documentation 
• Asset Forms

Oracle Transactional Business Intelligence.

• Contains real time reporting capabilities including dashboards
• Used by Central Offices to perform daily business processes
• Non-Central Offices use OAC for reporting

Project Portfolio Management (PPM) supports the full lifecycle of project and portfolio management with a single, accurate view of all project-related activities. Oracle projects integrates with applications, including Oracle Financials, and Procurement.

PPM:

• Delivers project transparency
• Includes organization of project financials, contracts, and billing to project management - to project resource, task, and grants management
• Provides high-powered multi-dimensional analytic cube drives critical insight into project performance health and trends and enables all project stakeholders to monitor, track, and improve performance and profitability
• Project Portfolio Management is maintained by KU Office of Research
• Grant Documentation

Invoices and related receipts are created within the receivable module generating accounting data that is utilized to manage this aspect of our business.

Receivables Users:

• Accounting Specialists in the Shared Service Centers
• UKANS / KURES Central Accounting
• DARBI Documentation
• FSRC Forms