Procurement process related to capital projects

Summary:

We are in an interesting situation where we are migrating from EBS to Oracle Cloud and client feels there are lack of internal controls in Cloud. Basically it's the functionality around creating blanket releases in EBS for invoices related to capital projects and the same functionality doesn't exist cloud.

Content (please ensure you mask any confidential information):

In EBS process was built to use blanket PO releases to obtain approvals for the invoices. As the blanket PO doesn't create obligation a customization was built to record encumbrances manually in EBS for blanket POs and releases. In cloud we are trying to standardize the process using standard PO to use the standard project commitment and encumbrance accounting features for these capital POs and when ever AP receives the invoice, system sends a hold notification to the requester to create receipt. This is where they think there are lack of controls as they require someone to approve the receipt.