New from Oracle: PeopleSoft FSCM PUM Features – Images 52-53
PeopleSoft New Features Update
The new PeopleSoft FSCM PUM Features – Images 52-53 included approximately 83 new features and functionality. To view a complete list of the key features delivered, the module, the image delivered and the minimum PeopleTools version, click on the links listed below.
PeopleSoft FSCM Enhancements
The PeopleSoft FSCM enhancements for Images 52-53 were across modules as broken down by the chart below with Payables having the most enhancements overall.
| Product | New Feature Count |
| Asset Management | 5 |
| Banks Setup and Processing | 1 |
| Billing | 1 |
| Commitment Control | 1 |
| Contracts | 3 |
| Expenses | 6 |
| General FSCM Enhancements | 5 |
| General Ledger | 7 |
| Global Options and Reports | 1 |
| Grants | 5 |
| Lease Administration | 1 |
| Maintenance Management | 4 |
| Payables | 9 |
| Project Costing | 5 |
| Receivables | 8 |
| Treasury | 1 |
| Inventory | 3 |
| Purchasing | 4 |
| Strategic Sourcing | 3 |
| Supplier Contract Management | 2 |
| Supplier Relationship Management | 2 |
| eProcurement | 6 |
| Grand Count | 83 |
The New PeopleSoft FSCM PUM Features – Images 52 & 53
The new PeopleSoft FSCM PUM Features – Images 52-53 included many valuable enhancements. While each PUM update will have different value and meet different needs depending on the modules you own and your business practices, a few key enhancements include:
- Asset Management: Enhanced Asset Management WorkCenter to allow users to track actions taken to resolve exceptions by maintaining a history of system-generated and manual actions. The exceptions grid now shows follow-up dates and a full action history, helping users stay informed. Additionally, a new “Not an Exception” action lets users dismiss issues that don’t require resolution. These enhancements improve transparency, streamline exception management, and ensure all remediation steps are clearly documented.
- Asset Management: Enhanced the Asset Management Fluid WorkCenter by incorporating the Asset Analytics and Year-Over-Year Asset Analytic Insights visualizations.
- Billing: Enhanced the Billing Interface process to list all errors in the log file, which allows you to address all errors using the log that is created when the process completes. The process no longer stops after finding the first error.
- Contracts: Enhanced Contracts and Grants to update awards and contracts details en masse using the Contract and Award Update Wizard. For Contracts, you can update Billing Specialist and Contract Administrator. For Grants, you can update the Assistance Listing Number, Award Reporting Roles, Award Status, Post Award Administrator, and Principal Investigator.
- Expenses: Added the Expense Administrator Insights dashboard to allow administrators to address travel and expense issues. Visualizations include On Hold and Pending Approvals, Overdue Cash Advances, Open Transactions for Inactive Employees, and Non-Reimbursable Expenses by Employee.
- General: Added the Enterprise Components, Work Management Framework that allows you to view and manage exception transactions when they appear in the My Work: Exception section of a PeopleSoft WorkCenter. This optional framework provides additional actions, in addition to existing application-delivered actions, to track and clear exceptions when no system-based resolution exists. The exception transactions are placed into one of five different views: Active, All Assigned, All History, Assigned to Me, and Inactive.
- General Ledger: Enhanced the journal import feature to allow you to import multiple files without uploading them individually to the system. When importing multiple files, you specify the file path on the Flat File Journal Import Request page.
- Added the Award Portal Insights dashboard to include a list of active awards by sponsor, principal investigator and billing specialist. Also provided are cost, budget and billing comparisons by award and project, recent funding modifications, award milestone status by assignee and type, anticipated funding from future award starts and proposals in progress.
- Payables: Enhanced the bank account encryption functionality by allowing approvers to unmask and view the bank account to validate it as part of the approval process.
- Project Costing: Enhanced Project Costing pricing and rate set criteria configuration to include partial wildcards and exclusions. This simplifies the rate set configurations for customers with complex criteria to billing and recognize revenue on specific costs with exceptions.
- Purchasing: Enhanced Purchase Order and Express Purchase Order to create Rush Purchase Orders with separate approval and shipping handling to ensure orders are processed quickly by suppliers.
- eProcurement: Enhanced eProcurement Fluid Create Requisition to allow authorized requesters to change the requisition priority to Rush for items that are needed right away. The Rush flag is then used to Expedite, Quick Source, and Auto Source these requisitions into Purchase Orders with specific Approval and Shipping special handling.
Keep up on all the latest PeopleSoft PUM news, including Images updates, by visiting Oracle’s PeopleSoft Update Manager (oracle.com)
If you would like more information about FSCM PUM Images 52 and 53, please contact [email protected].
