Tuesday May 21, 2013

10 Innovations in PeopleSoft 9.2 - #5 Optimizing Liquidity with PeopleSoft Cash Management 9.2

Liquidity is the holy grail of cash management. Optimizing liquidity is a daily challenge for Cash managers. They have to maintain that delicate balance between having enough cash to make their payments without having too much cash sitting idle in low interest vehicles. PeopleSoft Cash Management 9.2 delivers the much improved Cash Positioning and Forecasting tool to help address this challenge.

Residing in the enterprise makes it really easy for the Cash Position Worksheet to gather transactional data from the entire enterprise. Payments, Receipts, Purchase Orders, Payroll amounts are all directly accessible from Accounts Payable, Accounts Receivable etc. Delivered views enable the Cash Position to access this data from their respective sources. This information is processed against the imported bank statement to get an accurate snapshot of the corporate cash balance position.   What about about the transactions that are not in PeopleSoft that you would want to be reflected in the Cash Position?  PeopleSoft Cash Management 9.2 delivers web services that allows third party data to be brought into the cash position very easily.

We also understand that you want to analyze your cash position across different parameters like Bank Accounts, Currencies, Business Units and more. Instead of creating different worksheets for each of these parameters, our Cash Positioning tool can slice and dice the numbers across four delivered dimensions of Bank, Bank Account, Currency and Business Unit. In addition, users can define their own dimensions for their analysis.

To round this off, there are representative charts to display your numbers on the Cash Position page; a trend analysis graph to show your numbers over the next month and a pie chart to show how the numbers are split up.

Salient features of this tool are

  • Single worksheet that gathers transactions from the entire enterprise
  • 7 day forecast in one single screen
  • Drill down to the transaction from the worksheet itself
  • Graphical trend analysis
  • Pre-calculated numbers that can be sliced and diced across various dimensions

The calculated worksheet can be used for several purposes –

  • Accurate Snapshot of Cash Balances
  • Comparison of Actual vs Forecast
  • What if Analysis with weighted changes to calculated numbers

Accurate, integrated, enterprise-wide cash forecasting is an ongoing challenge facing Cash Managers around the world. PeopleSoft Cash Management 9.2 provides leverage to the Cash Manager by providing a collection area for all banking activity, and that activity can be recognized as inflow versus outflow when it comes to cash. Optimizing liquidity is critical and it is now something that can be managed through PeopleSoft Financials.

Thursday Oct 13, 2011

PeopleSoft Absence Management - Benefits of using Absence Forecasting

Absence Forecasting has been designed to evaluate the impact of an Absence Event. Organizations needing to enforce their Absence policies should use Absence Forecasting. Absence Forecasting is a role-based function that can be deployed for Administrator transactions as well as Employee and Manager Self Service transactions. Forecasting can be enabled for the Absence Entitlements (Accruals) and Absence Takes (actual Absence Requests).

The following are some benefits of implementing Absence Forecasting in your company:

  • Ability for users to forecast Absence Balances and plan their personal time off.
  • Ability to prevent users from Requesting Absence when eligibility criteria has not been met.
  • Ability to prevent users from Requesting Absence when the Entitlement Balance is not sufficient and/or not available.
  • Configurable rules to allow users requesting absence going negative for a number of (days/units) defined as part of your Absence Policy.
  • Ability to prevent Approvers (Managers and Administrators) from approving absences when whose Requestor is not eligible.

Overall, Absence Forecasting provides you the ability to configure and enforce your Absence Policies. For additional information about Absence Forecasting please download the most recent version of our Absence Forecasting white paper.


This blog is dedicated to topics focused on PeopleSoft Applications, including Human Capital Management, Financials, Enterprise Service Automation, Asset Lifecycle Management, Procurement, Supply Chain and Customer Relationship Management.

For information about legislative updates to our PeopleSoft Applications see the PeopleSoft Legislative Updates Blog.

For information about PeopleTools see the PeopleSoft Technology Blog.


« June 2016