slide4-oraclefinancialsrelease9.docVIP

Slide 4 - Oracle Financials Release 9 Slide notes Hello, my name is Raj. Welcome to the Release 9 Training for Oracle Fusion Cloud Advanced Collections Enhancements. In this session, we’ll cover the Configurable Scoring enhancement we have made in this release. Notes Slide 5 - Agenda Slide notes For the enhancements covered in this training, we’ll give an overview, followed by more detail to explain how you can use them, and what business value they bring. Then we’ll walk you through a demonstration Next we’ll explain what you need to consider before enabling these features in your business, and what you need to know to set them up. Notes Slide 6 - Enhancements Overview Slide notes Scoring allows you to determine the relative value of each customer in collections. The score is simply a single number that is calculated from a series of customizable data points. A data point is a measured quantity or attribute of a customer. It can be created from any data stored in the Fusion database. Data points for collections typically measure some form of “collectability.” For example, the rate of delinquency or the age of delinquencies. Data points may be simple select statements or complex SQL functions. Configurable scoring allows you to build custom “formulas” based on multiple data points for customers, accounts and sites. A formula can have multiple weighted data point that are added together and result in a score. The resulting score is stored in the system and is displayed on the customer work area. You can apply different formula to different sets of customers. For example, you can score customers in China differently than customers in United States. This is called a formula segment. Notes Slide 7 - Configurable Scoring Slide notes You must run the Collections Scoring program by selecting your scoring formula to apply the score to each customer, account or site. This results in the