Learn Oracle’s step-by-step approach for getting started with Risk Management Cloud, based on over a decade of first-hand experience with hundreds of application risk management implementations. Get dozens of best practice ideas for planning, implementing and sustaining your solution from Oracle Global Customer Success Program's Joel Alvarado, Oracle Support's Abimani Peiris, and Oracle Product Development's Lakshmi Rajamohan, Sujay Bandyopadhyay and Barry Greenhut.

1. Copyright © 2016, Oracle and/or its affiliates. All rights reserved.
Get Started with
Financial Reporting Compliance &
Advanced Financial Controls
OpenWorld 2016

2. Copyright © 2016, Oracle and/or its affiliates. All rights reserved.
Get Started with
Financial Reporting Compliance &
Advanced Financial Controls
Learn:
Oracle’s step-by-step approach for getting started with
Risk Cloud
Best practices for planning, implementing and sustaining
your automation
More insights from Oracle’s experts
Get answers to your questions in live Q&A

3. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Safe Harbor Statement
The following is intended to outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any contract. It is not a
commitment to deliver any material, code, or functionality, and should not be relied upon
in making purchasing decisions. The development, release, and timing of any features or
functionality described for Oracle’s products remains at the sole discretion of Oracle.
3

4. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Agenda
Panelist Introductions
Get Started
Panelist Q&A
More Resources
1
2
3
4
4

5. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Session Speakers
Panelists:
– Joel Alvarado
Cloud Customer Success Specialist
Oracle Global Customer Programs
– Abimani Peiris
Principal Technical Support Engineer
Oracle Support
– Lakshmi Rajamohan
Principal Product Strategy Manager
Oracle Product Development
Moderator:
– Barry Greenhut
Director, Product Strategy
Oracle Product Development
5

6. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Agenda
Panelist Introductions
Get Started
Context
Panelist Q&A
More Resources
1
2
3
4
9

7. Copyright © 2016, Oracle and/or its affiliates. All rights reserved.Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |
Financial Reporting Compliance Cloud Service
Streamline Internal Controls Processes
Complete Assessments
Remediate & Certify Controls
Document Risks & Controls Matrix
Define & Review Audit Test Plans
Enforce Manual Controls
10

8. Copyright © 2016, Oracle and/or its affiliates. All rights reserved.Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |
Advanced Financial Controls Cloud Service
Protect Against Fraud, Error and Policy Violations
Manage Exceptions
Continuous Monitoring
Configure Best Practice Controls
Author New Audit Rules & Algorithms
11
Link Results to Business RisksLink Results to Business Risks
Stop High Risk Transactions
 Identical Expenses
 Split Purchase Orders
 Duplicate Invoices
 Unusual Invoice Amt.
 Unauthorized Spend
 Blocked Suppliers
 User Creates Supplier &
Pays invoice

9. Copyright © 2016, Oracle and/or its affiliates. All rights reserved.Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |
Advanced Access Controls Cloud Service
Restrict Unauthorized Access & Automate SoD Analysis
Manage Exceptions & Simulate Changes
Link Results to Business Risks
Automate User Security Analysis
Deploy Pre-Built SoD Controls
Author New Access Rules & Policies
12

10. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Risk Cloud Sessions – Recap
13
• Risk Cloud Strategy
• Introductions to each cloud service
• Best Practice for Financial Reporting Compliance,
Advanced Financial Controls
• Get Started with Risk Cloud

11. Arturo Martínez del
Campo Saucedo
Corporate Chief Financial Officer
Grupo Posadas S.A.B. de C.V. .
LEADERSHIP IN FINANCE
LATIN AMERICA - CLOUD
2016
Best
Practice
Adopter
First
Adopter
of Risk
Cloud

12. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Agenda
Panelist Introductions
Get Started
Step-by-Step
Panelist Q&A
More Resources
1
2
3
4
15

13. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Get Started – Step-by-Step
16
Review
Get Started
Understand
Best Practice
Process
Team up with a
Go-to Partner
Get
Training
Implement
Best Practice
Process
Review Risk
Management Cloud:
Get Started in MOS
(Doc Id: 2120557.1 )
Review Risk
Management Best
Practices
Contact your Oracle
Success Manager for
list of Go-to Partners
Complete Prerequisite
training courses listed
in Get Started
Implement Oracle
Best Practice Process

14. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Get Started – Step-by-Step
17
Review Risk
Management Cloud:
Get Started in MOS
(Doc Id: 2120557.1 )
Review Risk
Management Best
Practices
Contact your Oracle
Success Manager for
list of Go-to Partners
Complete Prerequisite
training courses listed
in Get Started
Implement Oracle
Best Practice Process
Review
Get Started
Understand
Best Practice
Process
Team up with a
Go-to Partner
Get
Training
Implement
Best Practice
Process

15. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Get Started – Oracle Support Note
Risk Cloud Landing Page 2116866.2
Get Started with your Implementation
2120557.1
18
Take the shortest
route to success
with this must-
have advice

16. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Get Started – Step-by-Step
19
Review Risk
Management Cloud:
Get Started in MOS
(Doc Id: 2120557.1 )
Review Risk
Management Best
Practices
Contact your Oracle
Success Manager for
list of Go-to Partners
Complete Prerequisite
training courses listed
in Get Started
Implement Oracle
Best Practice Process
Review
Get Started
Understand
Best Practice
Process
Team up with a
Go-to Partner
Get
Training
Implement
Best Practice
Process

17. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Oracle’s Best Practice Processes & Solutions
Best Practice Processes
– Goals:
• Automate and streamline internal control processes
• Find and remediate fraud, error and policy violations in
Financials Cloud
– Method:
• Use Financial Reporting Compliance to document
risks and controls, manage assessments, and
generate certification documentation
• Use Advanced Financial Controls to detect
unusual transactions and manage remediation
– Context:
• Needed by Financials Cloud subscribers
• Foundation for all other advanced control
activities
Best Practice Solutions
– Prescribes steps to configure and use Risk
Cloud services
– Basis of Oracle University and partner training
courses
Benefits
– Fastest implementation and go-live
– Maximum ROI
– Minimum project risk and effort
– Minimum ongoing cost of operation
20
Based on our experiences with customers over the past decade
and collaborations with audit and compliance experts

18. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Best Practice Process: Financial Reporting Compliance
21
All subscribers start by automating this process
Document Risks
& Controls
Assess Control
Effectiveness
Address
Issues
Publish
Certification
Keep risk-control matrix up
to date and complete
Perform assessments
periodically and on demand
View effectiveness
documentation in real-time
Keep control designs and
assessment plans up to date
Review and remediate issues
identified by assessments
Reassess to verify
effectiveness
Report assessment results to
managers, auditors
Review Best Practice for Financial Reporting Compliance for details

19. Copyright © 2016 Oracle and/or its affiliates. All rights reserved. 22
Best Practice Process: Advanced Financial Controls
Identify
Unwanted
Transactions
Deploy
Controls
Address
Issues
Report
Results
22
Create Models and
assess results
Remediate unwanted
transactions where feasible
Convert Models to Controls
Run Control Analysis
periodically
Manage incidents - options:
Remediate transactions
Adjust ERP configuration
Add compensating access
controls
Report incident
management results to
managers, auditors
All subscribers start by automating this process

20. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Get Started – Step-by-Step
23
Review Risk
Management Cloud:
Get Started in MOS
(Doc Id: 2120557.1 )
Review Risk
Management Best
Practices
Contact your Oracle
Success Manager for
list of Go-to Partners
Complete Prerequisite
training courses listed
in Get Started
Implement Oracle
Best Practice Process
Review
Get Started
Understand
Best Practice
Process
Team up with a
Go-to Partner
Get
Training
Implement
Best Practice
Process

21. Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |Copyright © 2016, Oracle and/or its affiliates. All rights reserved. |
Go-To Partners
Success requires experience and expertise
– get both from our Go-To Partners:
• Guide process owners & participants
through adoption of Best Practice Processes
• Configure software for effective long-term
success: Minimum cost of operation,
Maximum flexibility to adapt to change
To learn more and get connected, contact
your Oracle Success Manager
24

22. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Get Started – Step-by-Step
25
Review Risk
Management Cloud:
Get Started in MOS
(Doc Id: 2120557.1 )
Review Risk
Management Best
Practices
Contact your Oracle
Success Manager for
list of Go-to Partners
Complete
Prerequisite training
courses listed in Get
Started
Implement Oracle
Best Practice Process
Review
Get Started
Understand
Best Practice
Process
Team up with a
Go-to Partner
Get
Training
Implement
Best Practice
Process

23. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Training and Guidance
• Oracle University1. Risk Cloud Training
• Oracle Cloud Applications: Security Overview
• Related: Oracle Financials Cloud Implementation I
Implementation II
2. Other Prerequisite
Training
• Datasheets, Release Readiness, Demos and Videos
• ERP Cloud Welcome Videos, Oracle ERP Cloud Operations – Get
Familiarized With Your Service
3. Additional Guidance
26

24. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Get Started – Step-by-Step
27
Review Risk
Management Cloud:
Get Started in MOS
(Doc Id: 2120557.1 )
Review Risk
Management Best
Practices
Contact your Oracle
Success Manager for
list of Go-to Partners
Complete Prerequisite
training courses listed
in Get Started
Implement Oracle
Best Practice Process
Review
Get Started
Understand
Best Practice
Process
Team up with a
Go-to Partner
Get
Training
Implement
Best Practice
Process

25. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Best Practice Solution: Financial Reporting Compliance
1. Gather
configuration
data
2. Perform Initial
Setup and
Configuration
3. Prepare and
Import data
4. Configure FRC
roles and users
5. Add
risks/controls to
the object
library.
6. Review/Approve
risks and controls
7. Creates
assessment
templates and plans.
Initiates
assessments
8. Assess controls
9. Create and
address issues
identified during
assessment.
10. Reassess controls
11. Review
assessment result
reports
28
Admin
Reviewer
Risk &
Control
Owner
Assessor

26. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Best Practice Solution: Advanced Financial Controls
29
Admin
Internal
Auditor
Business
Analyst
Process
Owner
1. Gather
configuration
data
2. Configure AFC
(general, roles,
users)
3. Import
Pre-built
Models
4. Test &
Refine
Models
5. Review
Results &
Remediate
6. Define
Advanced
Controls
7. Schedule Sync &
Control
Analysis
8. Review
Incidents &
Remediate
9. Review
Incident
Reports

27. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Implementation Considerations
30
Implementation Planning
• Include Partner and
Success Manager in
your project team
• Include your users
during planning
• Plan for design
validation
• Train your users
• Plan for cloud
operations
Go-Live Planning
• Plan well in advance
• Make go-live resources
available
• Plan go-live after
training is completed
• Service Administrator
has completed
necessary tasks
• Understand Oracle’s
support resources
Sustaining and Growing
• Make post go-live
resources available
• Plan for changing
business needs

28. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Implementation and Go-Live Planning Assets
Get Started: Plan Your Solution
Use the Getting Started Checklist
Use the Go-Live Checklist
31

29. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Your Path to Success
Take the shortest and most cost-effective path to success:
1. Get Started
Learn how to plan and adopt, then sustain through growth and change:
Watch this brief video | Explore the details
2. Team With a Go-To Partner
Success requires experience and expertise - get both from our Go-To Partners.
To get connected, contact your Oracle Customer Success Manager.
(Need a Success Manager? Contact your Oracle Applications Sales Manager.)
3. Implement Our Best Practice Process
This business process and automation is the foundation of each implementation:
Watch this brief video | Explore the details
Once you have an implementation plan, request a plan review from your Oracle Success Manager
(available for a limited time).
32
Learn more in Customer Connect

30. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Agenda
Panelist Introductions
Get Started
Panelist Q&A
Joel Alvarado Oracle Global Customer Programs
Abimani Peiris Oracle Support
Lakshmi Rajamohan Oracle Product Development
More Resources
1
2
3
4
33

31. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Agenda
Panelist Introductions
Get Started
Panelist Q&A
More Resources
1
2
3
4
35

32. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Next Steps
Take the shortest and most cost-effective path to success:
1. Get Started
Learn how to plan and adopt, then sustain through growth and change:
Watch this brief video | Explore the details
2. Team With a Go-To Partner
Success requires experience and expertise - get both from our Go-To Partners.
To get connected, contact your Oracle Customer Success Manager.
(Need a Success Manager? Contact your Oracle Applications Sales Manager.)
3. Implement Our Best Practice Process
This business process and automation is the foundation of each implementation:
Watch this brief video | Explore the details
Once you have an implementation plan, request a plan review from your Oracle Success Manager
(available for a limited time).
36
Learn more in Customer Connect

33. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Customer Connect
• Learn how to get started
with Risk Cloud
• Get product news
• Share ideas and ask
questions about why, when
and how to use Risk Cloud
• ...and more:
37
https://appsconnect.oracle.com/resources/081926cc0a/

34. Copyright © 2016 Oracle and/or its affiliates. All rights reserved. 3838
Join our LinkedIn Group
For the latest Updates and Presentations .

35. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
 For subscribers and partners
To Learn More
Cloud Portal Release Readiness User Documentation Modern Best Practice
Oracle University Success Managers  Get Started  Customer Connect 
39

36. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
CSM – Customer Success Management
43
•Advocate
•Educate
•Evaluate
•Enable
Evolve

37. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
1. Engage:
Plan for
adoption,
understand
KPI’s
Value Realization – Quarterly Business Review
3. REVIEW
4. IMPROVE
QBR Process Flow
3. Review:
Executive meeting to
understand “as-is” situation.
Develop strategic adoption
plan, aligned with business
requirements
4. Improve
FUP Implementation project plan
1. ENGAGE
2. Evaluate
Initial diagnostic activities for
specific KPI’s
QUARTERLY
BUSINESS
REVIEW
2. EVALUATE
Designed for key- and end-
business users

38. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Establish Governance
and Communication
Plan
• Define
Responsibilities
• Establish formal
communication
paths
• Foster Teambuilding
Adopt Modern Best
Practices
• Achieve consistently
superior
performance
• Find new ways to
support innovation
and business growth
Ensure Continuous
Learning
• Self-motivated and
voluntary
• Create “Champions”
Understand Data
Security
• Consider Risk
Mitigation
• Proof of capabilities
• Breadth of
experience
Main recommendations for adopting Cloud Solutions
47

39. Copyright © 2016 Oracle and/or its affiliates. All rights reserved. 52

40. Copyright © 2016 Oracle and/or its affiliates. All rights reserved.
Cloud Portals
Cloud Customer Portal
• Manage your cloud services – uptime, service levels, usage statistics
Cloud Service Notification Portal
• View service notifications such as outage notifications related to monthly
updates
• Create additional users for receiving notifications
62

41. Copyright © 2016 Oracle and/or its affiliates. All rights reserved. 74

42. 75