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Everything you need to know about Oracle SCM Cloud 22B Release

May 10, 2022
   /   
by 
Iffat Ara Khanam

Our last blog, Everything you need to know about the Oracle Cloud HCM 22B Release, provides detailed information about the changes to the Oracle’s HCM module with the 22B release. This post is focused on the changes that have come to the SCM module with the Oracle Cloud 22B release. 

Oracle has introduced many new features and enhancements to the SCM module with its latest update. Because these updates are mandatory to implement, customers have no choice but to keep up, meaning they must act quickly to test their update. 

Oracle customers need a robust testing strategy for the Oracle Cloud SCM 22B release, that will mitigate the risk of their Oracle Cloud SCM account breaking. This allows them to focus on how to take advantage of the new features Oracle has rolled out.

Oracle 22C

Testing Best Practices to Successfully Execute Oracle Cloud SCM 22B Release

  • Identify the scope of testing: Determine what you need to test, and what you don’t need to test, during the Oracle SCM Cloud quarterly update 
  • Execute quick Sanity and tests  ensure business continuity
  • Identify the SCM business processes to be tested manually, and business processes to be tested via automation 
  • Utilize Impact analysis reports that highlight what changes between the releases

Let’s now analyze the key technical and functional updates we have got from the Oracle SCM Cloud 22b release notes.

Payables

  • Copy the invoice recognition adaptive learning data from one environment to another, while using Intelligent Document Recognition (IDR) to process supplier invoices. 
  • Use the interactive invoice viewer to correct lines of information for invoices processed using IDR. IDR then uses adaptive learning to improve line recognition on subsequent invoices from the same supplier.

Receivables

  • Run the Receivables Aging by General Ledger Account and Multi-fund Accounting report from Scheduled Processes. Generate a consolidated report for all balancing segments, and review the report from the output section of the process. 

Purchasing

  • Before the 22B update, suppliers couldn't make edits to a PO that would result in the minimum release amount not being met. After 22B, suppliers can suggest changes to purchase orders even if it means the PO doesn't meet the minimum release amount. This is only for supplier-initiated changes. 

Supplier model

  • Automatic deactivation of onetime suppliers after payments through scheduled processes

General Ledger

  • The Data Model for the General Ledger Account Details report is enhanced with the 22B update to include additional columns. The added columns provide more information about the periodic journal activity for each general ledger account to reconcile beginning and ending account balances.

Many more features and functionalities are added to Item Replacement, External Purchase Prices, Sourcing,  Supplier Qualification Management , Spend Classification, Procurement Contracts, Channel Revenue Management, and Supplier Channel Management modules.

To gain insight about the updates in these modules read Opkey's Advisory Document for the Oracle Cloud 22B Release.

Test Guidance from Opkey

How Opkey can Help 

We know that Oracle SCM customers will only have 2 short weeks to ensure that existing business processes won’t be adversely affected by these changes. Opkey's managed Oracle Cloud quarterly certification will help you to successfully navigate through this Oracle Cloud 22B update without having to lift a finger. 

Here’s how we do this:

  • Our Pre-Built Accelerator library of  2000+ business components and 1000+ out of the box test scripts across various SCM modules can instantly be applied to your environment.
  • Our detailed advisory document prior to Updates highlights the exact changes that are expected.
  • Our Impact Analysis reports show as-is vs. to-be processes, and highlight key changes that need to be tested
  • Test Data Preparation for new scenarios added to the SCM module.
  • Security Validation and Reports Validation Results on Day-1 of applying patch.
  • Dedicated Support staff with 24/7 support.
Oracle SCM Cloud 22B
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December 7, 2022 10:00 AM
 EST
The Keys to a Successful Oracle EBS upgrade
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Dimpy Sharma
VP of Product Solutions, Opkey
www.opkey.com
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