PeopleSoft at Duke Energy - Quest International Users Group

advertisement
PeopleSoft Financial Gateway:
Duke Energy’s Story
Presented by:
Wes Huffman, IT Architecture and Project Management
Brian Buzzard, PeopleSoft Application Support
Agenda
Company Profile
PeopleSoft at Duke Energy
Payment Processing Past and Present
Implementing Financial Gateway
Future Integration Plans
Questions
Agenda
Company Profile
PeopleSoft at Duke Energy
Payment Processing Past and Present
Implementing Financial Gateway
Future Integration Plans
Questions
Company Profile
• Over 150 years of service
• Approximately 4 million
customers
• Fortune 500
• $59 billion in assets
(as of 12.31.2010)
• Stock dividends for over 80
years
• Traded on NYSE as DUK
• Dow Jones Sustainability
Index
Company Profile (Cont.)
• Total U.S. Generating Capacity:
• Approximately 35,400 megawatts
(owned capacity)
• Size of Service Territory:
• Approximately 50,000 square miles
• Utility Customers (as of 12.31.10):
• Total Electric – Approximately 4M
• 500,000 retail gas customers
• Generation facilities in North,
Central and South America
Company Profile (Cont.)
North American Generation Facilities
Company Profile (Cont.)
Duke Energy International Facilities
Agenda
Company Profile
PeopleSoft at Duke Energy
Payment Processing Past and Present
Implementing Financial Gateway
Future Integration Plans
Questions
PeopleSoft at Duke Energy
1997
• HR
Version
5.0
1998
• Financials
6.0
• HR 6.0
2000
• Financials
7.5
• HR 7.5
• Expenses
7.5
2002
• Financials
8.0
• HR 8.0
• Expenses
8.0
2003
• Supply
Chain 8.0
2007
• Financials
8.9
• Supply
Chain 8.9
2009
• Expenses
8.9
2010
• Financial
Gateway
Integration
with all
banking
institutions
2011
• Implement
Withholding
and 1099
Reporting
PeopleSoft at Duke Energy (Cont.)
Current State:
•
•
•
•
Release: Version 8.9 (Through Bundle 36)
PeopleTools 8.50
Database Platform: Oracle 11g on AIX 6.1
Web, Application, Process Scheduler
(nVision/Crystals)
• Windows 2008
• Process Scheduler for Batch (SQR, COBOL, AE)
• AIX 6.1
• Cybermation ESP Scheduling Agent
PeopleSoft at Duke Energy (Cont.)
Module
General
Ledger
Accounts
Payable
Transaction Type
Volume
(Approximate)
Journals
19K/Month
Journal Lines
1.6M/Month
Vendors
16K (2010)
Payments
13K/Month
Electronic Payments (via Financial Gateway)
7400/Month
Accounts
Items
Receivable
1300/Month
Billing
Bills
1300/Month
Project
Costing
Projects
19K/Month
Travel and
Expenses
Expense Reports
9100/Month
Agenda
Company Profile
PeopleSoft at Duke Energy
Payment Processing Past and Present
Implementing Financial Gateway
Future Integration Plans
Questions
Payment Processing Past and Present
Duke Energy’s payment process has evolved
from a very customized, manual and deeply
integrated process to one that exclusively uses
Financial Gateway for electronic payments.
Payment Processing Past and Present (Cont.)
• When PeopleSoft 8.9 was implemented,
Duke Energy used a highly customized set of
processes to integrate with the existing
Mainframe architecture:
• EFT payments produced by a customized version
of the FIN2025 SQR to meet bank requirements
• Check payment data extracted via custom process
and sent to the Mainframe
• Wire payment information produced using a
custom Cobol process
Payment Processing Past and Present (Cont.)
Payment Processing Past and Present (Cont.)
• Following the merger with Cinergy, Duke
Energy implemented Financial Gateway in
conjunction with the previous process to:
• Deliver a mechanism for sending ACH payment,
Wire payment, and Positive Pay information to
PNC Bank
• Use delivered functionality for processing payment
acknowledgement files
• Provide a cost-effective solution for integration
understanding the long-term goal of deactivating
the Mainframe and PeopleSoft 8.0 applications
Payment Processing Past and Present (Cont.)
Payment Processing Past and Present (Cont.)
• When transaction activity moved from legacy
applications in 2010, a project was chartered
in conjunction to:
• Setup new integrations using Financial Gateway
functionality with new and existing banks not yet
integrated for ACH payment, Wire payment,
Positive Pay file, and Payment Acknowledgement
file processing
• Create a new process for capturing check
information in an EDI formatted file and
transmitting to the third-party check vendor
Payment Processing Past and Present (Cont.)
Agenda
Company Profile
PeopleSoft at Duke Energy
Payment Processing Past & Present
Implementing Financial Gateway
Future Integration Plans
Questions
Implementing Financial Gateway
• Expected Benefits with Financial Gateway:
• Reduction in maintenance and support costs by
removing customized processes
• Improvements in process efficiency by eliminating
the need for manual intervention
• Decrease in cost to implement by using standard
file layouts and configuration
• Lowered administration costs with user-friendly
interfaces for managing payment information
Implementing Financial Gateway (Cont.)
• Duke’s implementations included:
• An approach to use delivered file layouts for
payment and acknowledgement files
• Adding new and updating existing bank accounts
for Financial Gateway settlement
• Security for the Financial Gateway components for
managing payment and acknowledgement
information
• An approach for file transmission that included
Secured VPN connections and/or Secure File
Transfer Protocol (SFTP)
Implementing Financial Gateway (Cont.)
• The following challenges were encountered:
• Bank layout requirements differed from the
delivered layouts, but met NACHA standards
• Bank requirements for processing electronic
payments are different between institutions
• Lack of delivered layout and functionality to
support Positive Payment file processing
• Third-party batch scheduling tool required custom
processes to invoke delivered ones
• Internal and bank requirements for file transfer
were not supported by Integration Broker
Implementing Financial Gateway (Cont.)
• Benefits realized include:
• All regular payment processing is executed in the
batch schedule without manual intervention
• Payment administration boasts new simplified
business processes for resolving payment errors
and creating payment reissues
• The ability to make payments through
intermediary banks
• Reduction in batch timings of over 17 percent
• No post-implementation issues or defects relating
to Financial Gateway
Implementing Financial Gateway (Cont.)
• Lessons learned from implementation:
• Initial account setup is critical for configuring the
bank account integration
• Integrated testing requires the majority of the time
from the total project lifecycle
• Bank layouts need to be reviewed early in the
project to verify alignment with delivered layouts
• The Payment Administration business process will
change, but should be more efficient
Implementing Financial Gateway (Cont.)
• Lessons learned from implementation:
• Each of the banking institutions where Duke
Energy has checking accounts requested Positive
Pay information be delivered with the ACH and
Wire payment files in the NACHA 828 format
• Some banking institutions EDI file processors are
setup and configured to produce different
acknowledgement data
• Creating new file layouts does not negatively
impact delivered functionality and is easy to
implement
Agenda
Company Profile
PeopleSoft at Duke Energy
Payment Processing Past and Present
Implementing Financial Gateway
Future Integration Plans
Questions
Future Integration Plans
Even though there are no immediate plans for
integrating with new banking institutions,
Financial Gateway gives Duke Energy the
ability to do so quickly and cost-effectively.
Agenda
Company Profile
PeopleSoft at Duke Energy
Payment Processing Past and Present
Implementing Financial Gateway
Future Integration Plans
Questions
Questions?
Thank You
Contact Information
Wes Huffman
Wes.Huffman@duke-energy.com
Brian Buzzard
Brian.Buzzard@duke-energy.com
Did you register through Quest?
You are now a member!
Continue the education ALL YEAR:
Regional Education
Conferences:
• Northeast: July 20-21
• West: Aug. 16-17
• Midwest: Nov. 7-8
Online Learning Series:
• Business Intelligence: May11-27
• HCM: Aug. 9-25
• Financials: Sept. 8-27
• Upgrades: Oct. 13-27
• Year-End: Nov. 3-15
Plus 200+ OnDemand Online Sessions
Save by using the member rate!
www.questdirect.org
Download