Financial Orchestration Flow

A financial orchestration flow automates the execution of the components within a financial flow once the movement of goods or fulfillment of services happens in the supply chain flow.

The following figure describes a typical financial orchestration flow.

Components of the Flow

A financial orchestration flow is triggered when an Oracle Fusion Supply Chain application sends a notification that a supply chain event occurred, such as a shipment transaction. The applications can be Oracle Fusion Inventory, Oracle Fusion Receiving, and so on. The financial orchestration flow includes the following steps:

1. Receive the supply chain event.

2. Identify the financial orchestration flow to use in reply to the event. It uses the configuration that you specify to identify this flow:

   • Manage Supply Chain Financial Orchestration Qualifiers

   • Manage Supply Chain Financial Orchestration Flows

3. Create an instance of the financial orchestration flow identified in the previous step.

4. Create the tasks to run the instance.

5. Interact with one or more Oracle Fusion applications. It can exchange information about the instance with these applications automatically, so you need not do any configuration to enable these interactions. It can interact with the following Oracle Fusion applications while the instance runs:

   • Oracle Fusion Distributed Order Orchestration: Provides the orchestration order information for shipment flows.

   • Oracle Fusion Procurement: Provides the purchase order information for procurement flows. It confirms whether a financial orchestration flow that does validation is available when it creates or updates a global procurement purchase order.

   • Oracle Fusion Product Information Manager: Provides information about the products that financial orchestration uses for each supply chain transaction.

   • Oracle Fusion Financials: Using the advanced global intercompany that you specify during its setup, Oracle Fusion Financials provides information about the supplier and customer that financial orchestration associates with each legal entity. Financial orchestration interfaces the intercompany receivables and payables invoices to Oracle Fusion Financials.

   • Oracle Fusion Materials Management and Logistics: Sends a notification indicating that a transaction occurred in the physical supply chain, such as a shipment or a receipt. It also sends other details about the transaction.

   • Oracle Fusion Managerial Accounting: Tracks cost elements.

6. Financial Orchestration uses various web services to interact with other Oracle Fusion applications that provide and store costing, receivables, and payables data.

7. Check the Monitor Financial Orchestration Execution page for any issues that occur during the execution of a financial orchestration flow.