Welcome to the SOAR Resource Hub!
Here, you will find tools that will guide you in a successful, transitional journey from our current ERP system (Banner) to Oracle Cloud.
As we navigate the SOAR project, event recordings, presentations, handouts and communications will be shared here.
Access Resources Below:
Current State: Vendor > Future State: Supplier
Supplier Portal
- A self-service tool that allows suppliers to self-register and be onboarded through an online registration process
- Suppliers can self-maintain their contract and business information
- Suppliers can view a complete summary of transactions that require attention
- The supplier portal will be open to both prospective suppliers and spend authorized suppliers
RFPs & Contracts
- Increased efficiency:
- All in one system - interconnectivity
- Templates
- Automated Scoring
- RFP and Contract Library
- In Oracle, Budgets will be managed in a module called Enterprise Performance Management (EPM).
- Users will be able to more easily view their budgets and available balances through the improved user interface.
- All budget requests will be submitted through EPM and revisions will occur in real-time.
- Approved budget moves from EPM to the General Ledger on a nightly basis for budgetary control of certain financial transactions.
Oracle ERP (Financials)
- A transactional system that is home to subledgers, often referred to as modules.
- Details of financial transactions are recorded in subledgers using module-specific attributes, fields and/or segments from the Chart of Accounts (COA).
- Every transaction that takes place within each subledger is translated and summary level data is posted to the general ledger based on configured subledger accounting rules.