Procure To Pay

Accrual Automation Using Oracle iReceiving in 12.1

PARAG JAIN

BIOMARIN PHARMACEUTICAL INC

ABSTRACT
The Reconciliation effort during Month end for accruals of Service Procurement is a manual, time consuming process. A monthly report is manually generated and sent to PO owners to determine the appropriate accrual amount. This requires constant follow up with users and at times questions the accuracy of accruals. By allowing the system to determine accruals and automating the process of receipt of services, this not only reduces the overall time of period end close process but also streamlines the accruals. By extending Oracle iProcurement functionality of Desktop receiving, it solves this problem very easily & effectively. This is a self service solution for end to end automation of PTP process to address accrual issues around service procurement. In this presentation you will know the business case, process challenges in Bio-Pharma industry and importance of a robust change management plan to launch such functionality to 1000+ users.

TARGET AUDIENCE
End Users, Functional Implementers, Buyers, Purchasing Manager, AP Associate, Accounts Payable Manager, Project Manager, Oracle Application consultant, Business analyst.

BUSINESS CLIMATE
Continued Growth: 2x increase in employees over the past 3 years New manufacturing facility & new product introduction over the past 2 years 4x increase in transactional volume within manufacturing Continued expansion of Development and Clinical pipelines Product Development vs Operations Streamline Business Processes Remove Paper from Processes Gain and Sustain Efficiencies Return on Investment Fill/Finish activities done by CMOs 1 Complete product line produced by CMOs

Maximization of Investment Dollars:

Outsourced/Contract Manufacturing:

COLLABORATE 13

Procure To Pay

Tracking limited to skeleton recipes to track Lot and BioMarin Material Used/produced

PURCHASE REQUISITION PROCESS

EXECUTIVE SUMMARY
Learner will be able to: Understand the end to end Oracle Desktop receiving Process in R12.1.3. Know the required configuration to implement this functionality. Learn one of the hidden, easy to implement & useful functionality Offered within procurement Suite.

REFERENCES
Part Number E13409-05 - Oracle iProcurement Implementation and Administration Guide iProcurement Product Documentation [ID 109924.1]

COLLABORATE 13