New and Revised Models in Content Library

Four new Advanced Financial Controls models are added to the content library, and one existing audit model has been revised. When you have access, you will be able to select the Import action on the Models tab and select them from the Content Library.

NEW MODELS

Four new models are available in the release that identify inactivity related to suppliers, ledgers, customers, and custom roles.  Each of these new models requires a corresponding user-defined object (UDO); the UDO is listed in the last Business Objects column.

Content Library and Type	Model Name and Description	Business Objects
Enterprise Resource Planning Library > Advanced Transaction Controls	30009: Suppliers with No Invoice Activity Description: Identifies suppliers with no invoice activity in the last 12 months or a specified time frame	Supplier Payables Invoice UDO: Active Suppliers and Invoices
Enterprise Resource Planning Library > Advanced Transaction Controls	32003: Ledgers with No Posted Journal Activity Description: Identifies primary ledgers with no journal posting activity in the last 12 months or a specified time frame	Ledger Setup: General Journal Entry UDO: Ledgers and Journal Batches
Enterprise Resource Planning Library > Advanced Transaction Controls	33004: Customers with No Invoice Activity Description: Identifies organization customers with no invoice activity in the last 12 months or a specified time frame	Customer Customer Accounts Receivables Invoice UDO: Active Customer Accounts and Invoices
Common Setup Library > Advanced Transaction Controls	80001: Custom Roles Not Used Description: Identify active custom roles that are not being used	Roles Application Security User UDO: Active Custom Roles and Users

UPDATED MODEL

60019: Fusion Business Object Attributes Disabled

The last filter in the model identifies attributes that have been disabled using the Description attribute.  Previously, the filter used an Equals condition, which was replaced with Contains. The value "Disabled" can contain a period in the string. 

Business Benefit

The four new inactivity models enhance the management of master data for suppliers, ledgers, customers, and custom roles, facilitating smoother operations and reducing potential issues. Model-content updates are conducted regularly, incorporating changes, expert insights, and recommendations to ensure accuracy and relevance.

Steps to Enable

No advance setup is required for you to import models in Advanced Controls. However, a Risk Management administrator must set the Transaction and Audit Performance Configuration date options under the Advanced Controls Configuration tab under Risk Management > Setup and Administration. The two created-as-of-date options are required, one for transactions and the other for audit events. These settings improve performance by eliminating older data from data-synchronization jobs. When these created-as-of-date options already exist, you should periodically review and change them to return only current data.

Tips And Considerations

Before using new model content, evaluate available models that match requirements for your organization under the Import action for models. The Import from Content Library page is organized by product area and model types. Once you identify models appropriate for you, import, review, and modify them in your test environment. Importing all available models is not recommended. In some cases, you may have already imported the model in a previous update. Or, some may source data from products or audit configurations you have not enabled. Moreover, models may contain user-defined or imported business objects that create data set controls or objects, respectively.

NOTE: There is no way to revise an existing control with new business objects, filters, or the attributes displayed.  Uptake of any delivered-model revisions starts by importing and reviewing them as a model. If an existing model uses the same name as the model you import, you will need to rename the revised model during import.

Key Resources

• For more information about importing models, see a set of five topics beginning with "Import Models, Controls, or Conditions." These topics appear in Oracle Fusion Cloud Risk Management: Using Advanced Controls at Oracle Help Center > Cloud Applications > Risk Management and Compliance > All Books.