Enabling Accounting Transformation through Oracle ...

1 In today s interconnected world, organizations are challenged to respond in a timely fashion to complex business issues such as changes due to mergers and acquisitions, frequent regulatory changes, compliance challenges, gaining visibility across multiple entities, and near real-time reporting. The top three financial imperatives for organizations today are: Reduce total cost and delays in financial presentation (Closure, Reporting and Filing) Improve visibility to top management across the presentation cycle Eliminate reliance of offline processes on financial presentation cycle Best inClassMetrics Percentage of new source systems on-boarded Percentage of workdays reduced due to automation Percentage increase in frequency of General Ledger postings Time to resolve.

2 Reconcile and close financial processes Improved adoption levels to multi GAAP/IFRS Improved time-to-value in Mergers and Acquisitions Optimized total cost of financial presentation Improved compliance and audit Unified Accounting policies and rules Pre-built Accounting event model Pre-configured industry reporting attributes Business growth &agility Improved levels ofautomation Increased efficiency Adherence to compliance such as FAS97 Enabling Accounting Transformation through Oracle financial Accounting Hub (FAH) Solutions Overviewsolutions overview | october 2016 Cognizant s Solution Framework for FAHA ccounting Hub Business BenefitsImproved Time-to-Value in mergers and acquisitions Improved on-boarding of new business entities through a scalable and flexible event model Acclimatization to change through a configurable solution.

3 Eliminating the need to maintain legacy code changesAcceleratedfinancialclosure andreporting Improved Time-to-Reconcile through a unified Accounting policy and rule repository Eliminate the need for a thick General Ledger through a flexible reporting attribute structure Inbuilt capability to hold transactions as a data store enhancing the feed to reporting and analyticsImprovedvisibility to topmanagementacrosspresentationlifecycle Embedded reporting and analytics within the Hub to enhance visibility and reporting across the presentation layersolutions overview2 FAH Solution OptionsEBS R12& Non EBSEBS GLFusion GL& AnalyticsEBS + FAH + Accounting Hub Reporting on CloudA Accounting Transformation using FAH Continue with legacy processes Retain the footprint and landscape Reporting Platform with embedded Essbase Robust Allocations Engine Centralized Reporting centers to deliver and access reportsOut-of-the-box synchronization of E-Business Suite setups and balances Simple one-step configuration Superior reporting capabilities with Essbase's multiple dimensional analytical applications Highly interactive.

4 Self-service reporting model for all user groupsFAH R12 Fusion Accounting HubUse of Accounting Hub Reporting on Cloud ServiceBLegacyAppsCsolutions overview3 Tools and AcceleratorsSandbox instances with pre-configured Accounting hub in Oracle EBS R12 and Oracle Fusion ApplicationsOracle EBS R12 FAH On-premise instance Pre-configured for financial services industry Ready test-bed for integration with PeopleSoft General Ledger modeled to replace discontinued Process Integration Pack from OracleOracle Fusion Apps Accounting Hub Cloud-hosted on Amazon Web Services Pre-configured for Payroll and Benefits processes Leveraged as test-bed/proof-of-concept for Cloud-hosted Fusion Accounting Hub solutionData-loader Templates Helps ease setup migration from across environmentsApplication Accounting Definition (AAD) Import and Export Script AAD migration scripts Source File Data Maps Mutual Fund Insurance and reinsurance BankingSample Event Model Mutual Fund Insurance and reinsuranceSample Conformance Layer and Integration Design Mutual Fund Insurance and reinsuranceData Visualization Accelerators Helps articulate business requirements Defines target reporting and analytics solutionOur Offerings Copyright 2016, Cognizant.

5 All rights reserved. No part of this document may be reproduced, stored in a retrieval system, transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the express written permission from Cognizant. The information contained herein is subject to change without notice. All other trademarks mentioned herein are the property of their respective Headquarters500 Frank W. Burr , NJ 07666 USAP hone: +1 201 801 0233 Fax: +1 201 801 0243 Toll Free: +1 888 937 3277 Email: Headquarters1 Kingdom StreetPaddington, CentralLondon W2 6 BDPhone: +44 (0) 207 297 7600 Fax: +44 (0) 207 121 0102 Email: Operations Headquarters#5/535, Old Mahabalipuram RoadOkkiyam Pettai, ThoraipakkamChennai, 600 096 IndiaPhone: +91 (0) 44 4209 6000 Fax: +91 (0) 44 4209 6060 Email: CognizantFor more information on Cognizant's Oracle solutions, contact us: (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process services, dedicated to helping the world's leading companies build stronger businesses.

6 Headquartered in Teaneck, New Jersey ( ), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work. With over 100 development and delivery centers worldwide and approximately 244,300 employees as of June 30, 2016, Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world. Visit us online at or follow us on . : CognizantSuccess StoryDesign and Development of FAH based Solution for a Leading Property and Casualty Insurance ProviderBusiness Need Design of Event Model Automated generation of Accounting entries Posting of Accounting entries to legacy PeopleSoft General LedgerTechnology Platform PeopleSoft General Ledger in legacy platform 40+ source systems based on multiple platforms, such as mainframe and custom databases Application is live on a pass- through based FAHS olution Design and development of FAH based solution that consists of multiple source systems across different platforms Customer Master and Premium Master are maintained in legacy In addition to premium receipts.

7 Customer and policy information were inserted into General Ledger through supporting references which are integrated into the FAH design Outbound interfaces originating from General Ledger feed over the data to a custom built reconciliation module Reconciliation process compares the premium actually received with the premium master, performs amortizations and generates exception reportsBenefits Accounting Transformation using FAH as a pass- through layer Automated solution for creating Accounting entries and posting them to legacy PeopleSoft General Ledger FAH integration with legacy PeopleSoft General Ledger