Teradata

The Purchasing (PO) Decision Experts domain enables users to get a clear picture of their corporate Purchasing and Procurement process. It provides both summary and detailed analysis related to:

• Requisitions
• Purchase Orders
• Invoiced and Un-invoiced Receipts
• Cost Distributions
• Purchase Order Releases

As with all Teradata® Decision Experts for Finance modules, Purchasing is interlinked with other modules to provide a robust analytic environment. With access to Decision Experts cross-subject matter financial data, business users can gain further insight into Purchasing analysis, including reconciliation with and visibility to AP Invoice detail. For example, when linked with other Decision Experts domains, Purchasing enables visibility from Invoiced Receipts to associated Fixed Assets and reconciliation of outstanding PO commitments to accruals in the General Ledger.

The Purchasing Decision Expert is one module in a suite of finance-focused analytical business domains for Oracle Financials, enabling powerful Purchasing analysis in an easy to use environment. The Purchasing Decision Expert utilizes both a normalized physical data model, aligned with the Teradata industry logical data models (iLDMS), as well as an easy to use semantic model designed to address common Purchasing-related business questions. Additionally, as all Teradata Decision Experts domains intelligently source data from Oracle® ERP into a Teradata system, the associated analytic model will adapt directly from the configuration of your Oracle source system. The Purchasing Decision Expert can be implemented in a matter of weeks, not months or years, and rapidly delivers true analytic value to financial users.

Purchase Order Purchase Orders capture all the details related to the process of acquiring the goods (materials, parts, supplies, equipment) required to run the business. The PO Decision Expert provides business users with a single, integrated, and consistent view of all procurement information to enable purchases analysis by vendor, inventory item, or any combination of Chart of Accounts segment. Insights gained from purchasing analysis can lead to measurable improvements, such as better price and discount terms with vendors and cash flow management.

Purchase Requisition Purchase Requisitions detail business user's requested items, quantities, required delivery dates, and other terms related that if approved will become part of a vendor Purchase Order.

Chart of Accounts Purchase order line details include the Chart of Accounts for accrual and eventual AP Invoice processing purposes. The Chart of Accounts tracked by the company's financial applications reflects how a company categorizes, collects, and stores accounting information about relevant business area components or Chart of Account segments. Typical Chart of Account segments may represent products, projects, or other account category detail the company needs to track and report. Teradata Decision Experts' unified view of enterprise-wide finance data provides flexible reporting options across all Chart of Account types and segments to meet business activity tracking and reporting needs.

Organizations Oracle Financials allows a company to define organization structures to represent various business functions and objectives. Organizations in the financial system can represent legal entities, departments, branches, regional offices, cost centers, profit centers, subsidiaries, or divisions. Business users can navigate across the Decision Experts common dimensions to create analysis at any level of the organization, such as budget variances for expenses by department or payroll expenses by division.

A sample of the insightful types of questions you can answer leveraging the Purchasing Decision Experts domain include:

• How many Purchase Orders are outstanding? (In numbers, and amounts)
• Who are the biggest 10, 25, and 50 vendors for outstanding POs?
• How many shipments were cancelled and why?
• How many purchase orders are processed across the organization by buyer in an average month?
• What is the average time span between PO order date and PO ship date by vendor?
• Which categories and buyers are negotiating the best terms with our suppliers?

To learn more about how Decision Experts for Finance can improve corporate performance, contact your Teradata representative.