Introduction
With
Oracle Internet Expenses,
-
Employees can enter and submit expense reports using a standard Web browser or
a Web-enabled mobile device.
-
Oracle Workflow automatically routes expense reports for approval and enforces
reimbursement policies.
-
Oracle Internet Expenses integrates with Oracle Payables to provide quick
processing of expense reports for payment.
Overview
Oracle Internet Expenses, a T&E expense
management solution, is designed to ensure self-service users comply with
Organization’s expense reimbursement policies, while at the same time quickly
and accurately entering their expenses.
Features
Expense Allocations
This
feature empowers end users to perform General Ledger (GL) accounting and/or
Oracle Projects expense allocations, including splitting expenses. This feature
ensures expenses are properly charged since users know best how their expenses
should be allocated.
Flexible Setup
One is able to define whether end users can
update one, many, or all GL accounting segments. One is able to define
different segment update rules for each chart of accounts, and at the set of
books level. This ensures proper data security since users only have access to
information that is relevant to their responsibilities.
Note: This feature was first
released with Oracle Internet Expenses Minipack J (11i.OIE.J) and enhanced in
Mini-pack K (11i.OIE.K).
Expenses Splitting
Based on system setup, end users are able
to split expenses across multiple accounting segment values, for example across
multiple cost centers. Oracle Projects users are able to split expenses across
multiple projects or tasks. This is important since users often perform work
for many different entities.
Note: This feature was first
released with Oracle Internet Expenses Minipack K (11i.OIE.K).
Users have the flexibility to split one,
many, or all expenses at the same time using equal percentages, or user-defined
percentages. Users can also split individual expenses by amount.
Note: This feature was first
released with Oracle Internet Expenses Minipack K (11i.OIE.K).
GL Accounting
Validations during Entry
Based on setup, Internet Expenses ensures
the accounting code combinations are valid before expense reports are
submitted for approval. This helps to streamline the reimbursement process
since end users have first-hand knowledge about where expenses should be
charged. If one chooses to validate the workflow (existing behavior), back-end
personnel will be able to correct invalid code combinations via a notification.
Note: This feature was first
released with Oracle Internet Expenses Minipack J (11i.OIE.J).
Customized
Accounting Generation
Using new accounting client extensions, one
can create custom rules to build and validate accounting code combinations.
This is important if one has special accounting hierarchy rules that are not
met with the out-of-the-box defaulting and validation rules.
Note: This feature was first
released with Oracle Internet Expenses Minipack J/JRUP2 (11i.OIE.J).
My Allocations
Users can predefine expense allocation sets
to facilitate rapid expenses entry. During entry, end users are able to apply
their allocation sets, adjust the results, and create new allocation sets.
Note:
This feature was first released with Oracle Internet Expenses Minipack K
(11i.OIE.K).
Global Per Diem and Mileage
This feature provides enhancements to the
existing solution, including the ability to automatically upload U.S. GSA Per
Diem rates. This helps one to comply with various statutory rules that dictate
how users should be reimbursed.
U.S. GSA Per Diem Uploads
Expense process owners can automatically
upload CONUS and OCONUS Per Diem rates provided by the U.S. government. The
solution provides full support for seasonal rates. The uploaded rates are
available both for reimbursing employees, as well as for establishing policy
compliance limits for meals and accommodation expenses.
Enhanced Per Diem
and Mileage Calculations
The enhanced global per diem solution
provides additional support for complex calculations to meet statutory
regulations, especially in the Nordic countries. Various enhancements have been
made to the mileage reimbursements solution. In particular, one now has the
ability to upload accumulated mileage for employees, if one happens to
implement Internet Expenses in the middle of a fiscal year.
Note: This feature was first released
with Oracle Internet Expenses Mini-pack K (11i.OIE.K).
Cash Advances Management
End users can apply advances during
expenses entry. In addition, users are able to search on payments information.
These enhancements help one to provide improved cash advances management.
Self-Service Advance Applications
End users are able to apply their cash
advances during expenses entry. If a user does not apply an available advance,
they are asked to enter a reason why they did not apply the advance. In
real-time, users are presented with information on the outstanding balance of
their advance. This is particularly useful when end users must reimburse their
employer for an outstanding balance on an advance.
This feature helps to streamline the
expense reimbursement process since users know best to which expenses their
advances apply.
Payables Advances
Management
The HTML-based audit management module has
the ability for Payables personnel to review or apply advances, and to adjust
advances applied by end users. (In prior releases this was only available in
the Payables Expense Reports form.) In addition, one is able to define audit
selection rules to ensure expense reports are selected for audit if users do
not apply available advances to an expense report.
Payments Search
Users are able to search on both advances
and reimbursements. This capability is available to end users, Payables
personnel, help desk personnel, and users of the expense analysis and reporting
module. This is particularly important to management so they can keep track of
outstanding advances.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack K (11i.OIE.K).
Bar Coding
Based on setup, a bar code is generated and
printed on the expense report confirmation page. When Payables personnel
receive the receipts package, they can quickly scan the bar code to ‘check in’
the receipts package. This dramatically improves the productivity of one’s
Payables personnel.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack K (11i.OIE.K).
Manager Approvals
The
integration with Oracle Approvals Management (AME) has been further enhanced to
support the expense allocations feature.
Enhanced Cost
Center and Projects Approvals
One
is able to route expense approvals based on the aggregated amounts charged to
cost centers or projects. The approval notification shows both the total amount
to be approved, and how much of each expense was charged to the area of
approval authority. This feature ensures that proper approval authority is
enforced when an expense report is allocated to many different cost centers,
projects, or awards.
Parallel Approvals
One can route approvals in parallel when
expense reports are charged to multiple cost centers, multiple projects, or
multiple awards. This streamlines the approvals process and ensures the users
are reimbursed as quickly as possible.
FYI Notifications
One can define rules in AME to send FYI
notifications to managers and others who should be informed of expenses charged
to their area of authority, but who do not need to approve the expense report.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack K (11i.OIE.K).
Audit Management
The following enhancements have been made
to the HTML-based audit management module.
Enhanced User Interface
The Audit Expense Reports page has been
redesigned with separate expense views relevant to the activities auditors
perform. These activities include verifying expenses, processing policy
non-compliance issues, and reviewing other expenses data. This improves the
overall auditor experience and will facilitate better decision-making.
When receipts are itemized, the
relationship between the receipt and the itemized lines is shown. This increases
auditor productivity since they are able to quickly verify that required
receipts are received.
Auditor
Itemizations
Payables personnel are able to itemize
receipts using the same user interface that is used by end users. This helps
streamline the reimbursement process and ensure that expenses are properly
accounted for.
Expense
Allocations in Audit
Auditors have visibility to all allocations
information, including when expenses are split. They are also able to update
the accounting for split expenses. This allows auditors to ensure that
accounting is correct for all expenses.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack K (11i.OIE.K).
Audit Automation
The
already robust audit automation functionality is further enhanced as discussed
below.
Payment Holds
One
is able to automatically place expense report payments on hold when users have
not submitted required receipts. This feature helps to ensure compliance with
one’s expense reimbursement policies.
Enhanced Audit
Rules
New
audit selection rules are available, including the ability to select for audit
all expense reports over a certain amount. This feature improves expense report
compliance with one’s internal controls.
Note:
This feature was first released with Oracle Internet Expenses Mini-pack J
(11i.OIE.J).
Receipts Management
These
new features help to streamline the receipts management process.
Enhanced Receipts
Required
Users don’t need to submit physical
receipts when they charge business expenses to their employer credit cards.
Auditor efficiency is improved when physical receipts are not required.
Similarly, end users will spend less time processing their expense reports.
Receipts
Tracking
Expense reports have a receipts status to
indicate whether receipts are, for example, required or overdue. One is able to
send notifications to users when receipts are overdue, and when receipts are
received. The receipts status and notifications improves the tracking and
management of receipts that are required for proper verification of business
expenses.
Receipts Missing
It is possible to send notifications when
users do not have original receipts and a missing receipts declaration is
required. One is able to use Oracle Approvals Management to route expense
reports for approval when end users cannot provide original receipts or other
evidence of the business expense.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack J (11i.OIE.J).
Entertainment and
Fringe Benefits Policy Compliance
End users are able to enter employee and
non-employee information for expenses related to entertainment and fringe
benefits. One can capture additional information for attendees and recipients
such as the business sector of nonemployees. This improves reporting for policy
and statutory compliance.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack J (11i.OIE.J).
Credit
Cards
These new features help streamline
administration of credit card programs, and streamline expenses entry
Automatic Level 3
Itemizations
One is able to upload and validate detail
transaction data for MasterCard CDF3 and Visa VCF4 formats, when merchants
provide this data. Oracle Internet Expenses uses the detail transaction data to
automatically itemize credit card transactions. This reduces the time users
spend completing expense reports, and ensures transactions are accounted for
properly.
Note: This feature was first
released with Oracle Internet Expenses Minipack J (11i.OIE.J).
Automated
Transaction File Transfers
One is able to automatically download
credit card transaction data files from one’s card provider's server. This
feature provides a synchronized and efficient way to retrieve one’s credit card
transactions. In this release this feature is available for American Express
card programs only.
Note: This feature was first
released with Oracle Internet Expenses Minipack J (11i.OIE.J).
Visa Integration
A new credit card transactions load and
validate program provides complete support for uploading and validating Visa
transaction files in Visa VCF3 and VCF4 formats.
Note: This feature was first
released with Oracle Internet Expenses Minipack J (11i.OIE.J).
Historical
Transactions Management
One is able to categorize unused
transactions as ‘historical’ and thus prevent further processing of these
transactions. One can also send notifications to inform end users to start
submitting subsequent transactions on expense reports. This feature helps to
ensure that the cutover to using the Internet Expenses credit cards solution is
smooth, and that end users understand the new procedures.
Note: This feature was first
released with Oracle Internet Expenses Minipack J RUP1 (11i.OIE.JRUP1).
Expense
Report-Level Descriptive Flexfields
Users
have the ability to enable descriptive flexfields that apply to the entire
expense report. This allows one to capture important policy information such as
the start and end dates of a business trip, travel authorization numbers, and so
on.
Note: This feature was first
released in Oracle Internet Expenses Mini-pack J (11i.OIE.J).
Attachments
End users and auditors are able to attach
documents such as imaged receipts to the entire expense report, or to individual
expenses. Managers and auditors can access and review the attachments, which
facilitates more efficient approvals.
Note: This feature was first
released in Oracle Internet Expenses Mini-pack J (11i.OIE.J).
Expense Analysis
and Reporting
The
following enhancements have been made to the expense analysis and reporting
tool.
Proxy Assignment
Managers with the expense analysis and
reporting responsibility are able to assign the rights to view their HR
reporting hierarchy to other users, such as financial analysts and
administrative personnel.
Cross-Organizations
Support
Managers and other users are able to
perform expense analysis and reporting across organizations from a single view.
This is particularly important for managers whose management hierarchy spans
multiple business units or legal entities.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack J (11i.OIE.J).
Ad
Hoc Reporting
Using Oracle Discoverer, one can develop ad
hoc reports based on seeded expense reporting business areas. The business
areas are targeted for use by operations teams with visibility across the
entire company. This helps one to provide decision makers with information in a
format that is meaningful to them.
Terms and
Agreements
One is able to require end users to
acknowledge that they have reviewed and agreed to the terms of one’s travel,
entertainment, and reimbursement policies prior to submitting expense reports.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack J (11i.OIE.J).
Region-Based
Confirmation Page Messages
One is able to configure the expense
submission and processing instructions according to local and regional
requirements. One uses region-based messages, for example, to provide different
receipt submittal policies and related processes to meet shared-service or
other organizational needs.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack J (11i.OIE.J).
Help Desk Support
A new responsibility has been provided so help
desk personnel can quickly search for expense reports. Help desk personnel can
also view the confirmation page so that both they and end users see the same
information. This ensures one’s help desk personnel can quickly resolve
questions raised by end users.
Note: This feature was first
released with Oracle Internet Expenses Mini-pack J RUP2 (11i.OIE.J/JRUP2).
Contact Us
This feature helps one to quickly enable
end users to contact one’s help desk personnel. One has options to initiate an
Oracle iSupport create service request process, open a formatted page with
contact and problem description fields, open a URL, or open an email composer
window.
Expense Report
Export
Payables personnel can run the Expense
Report Export concurrent program from the Internet Expenses Auditor and the
Internet Expenses Audit Manager responsibilities. A new user interface allows
payables personnel to review the export results online and analyze them
quickly. Four categories of results list the expense reports for which invoices
were created, the expense reports that had prepayments applied, the expense
reports placed on hold, and the expense reports that were rejected. Existing
expense import has been renamed to expense report export to reflect the change
in the process.
Offline Expense Report
One can use this feature of iExpense to
create her/is expense report while s/he can’t access the instance to submit the
expense report. This can be achieved by filling the Expense Template that has
been defined by the company and then upload the template to iExpense when they
have access to the instance.
This feature can be leveraged to fill the
expense report by the shared service team on behalf of the employee.
Conclusion
In conclusion,
- In
R12, iExpense has evolved to capture expenses made by the employee
pertaining to the organizational mandate.
- One
can capture both cash and credit card expenses using iExpense application.
- iExpense
provides a better control over expenses by the employees, by validating
the expense lines against Organizational Policy.
- This provides better and enhanced audit
feature, for organizational transparency and statutory requirement.
- Improved
integration with AME provides better and more efficient approval process.
- Reporting,
policy guidelines, terms and conditions, proxy are few more promising
features of Internet Expense, in release 12.
Summary
One can find the enhanced features of
Internet Expense in release 12 of Oracle Application as listed below.
SL No #
|
Features
in R12 Internet Expense
|
1
|
Expense
Allocations
|
2
|
Global
Per Diem and Mileage
|
3
|
Cash
Advances Management
|
4
|
Bar
Coding
|
5
|
Manager
Approvals
|
6
|
Audit
Management
|
7
|
Audit
Automation
|
8
|
Receipts
Management
|
9
|
Entertainment
and Fringe Benefits Policy Compliance
|
10
|
Credit
Cards
|
11
|
Expense
Report-Level Descriptive Flexfields
|
12
|
Attachments
|
13
|
Expense
Analysis and Reporting
|
14
|
Ad
Hoc Reporting
|
15
|
Terms
and Agreements
|
16
|
Region-Based
Confirmation Page Messages
|
17
|
Help
Desk Support
|
18
|
Contact
Us
|
19
|
Expense
Report Export
|
20
|
Offline
Expense Report
|
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