Oracle Financials Strategy

Welcome to the Oracle Financials Strategy Community.  The goal of this blog is to create a social community around the Oracle Financials products.  Your input is encouraged, and if you have questions, please feel free to the Financials Strategy team at  financials dash strategy underscore ww at oracle dot com.

Over the next few months, we will be posting blog entries around our upcoming events, news stories applicable to financials customers & users, as well as giving updates on Oracle Financials.

Hi Joe, it does work.

 This is just testing to see if this shows up in the home page.

http://blogs.oracle.com/financials/about

We're busy preparing for OpenWorld in November. There are over 350 sessions for the E-Business
Suite track, and that's a lot of sessions. In order to boost attendance at our sessions,
this post is a shameless plug for our sessions.The sessions that we're diligently working on are:

S291202
Oracle E-Business Suite Financials Release 12 and Beyond
Terrance Wampler, Oracle
Monday 11/12/2007 12:30 PM - 1:30 PM

S291195
Bean Counting Gets an Overhaul: Oracle E-Business Suite
Accounting Architecture in Release 12
Linda Wong, Oracle
Monday 11/12/2007 3:15 PM - 4:15 PM

291204
Success! How Oracle Implemented Oracle Advanced Collections Globally
Tim Graham, Oracle; Carol King, Oracle
Monday 11/12/2007 3:15 PM - 4:15 PM

S291201
Get More with Less: Panel Discussion on Consolidating ERP
Instances
John Abel, Symantec; Adam Chaikin, British Telecom; Helle
Hennings, Oracle; Tim Westendorf, MasterCard
Monday 11/12/2007 4:45 PM - 5:45 PM

S291211
PPG Industries Has "Eyes" on Receivables While
Customers Eye the Future
Jeanne Small, PPG Industries ; Brian Wolfe, Oracle
Monday 11/12/2007 4:45 PM - 5:45 PM

S291208
First There Was Napster, Now There's Flickr--What's Next?
Introducing the Reports Repository
Joe Gum, Oracle; Elise Mattei, Oracle
Tuesday 11/13/2007 10:45 AM - 11:45 AM

S291205
Trends in Finance
Jeff Gay, CFO Executive Board; Kurt Ramin, IASB; Anne Spray
Kinney, GFOA; Terrance Wampler, Oracle
Tuesday 11/13/2007 12:15 PM - 1:15 PM

S291206
Image Is Everything: Imaging Capabilities for Oracle
E-Business Suite Financials Customers
Amrita Mehrok,
Oracle; Sancho Pinto, Oracle
Tuesday 11/13/2007 12:15 PM - 1:15 PM

S291199
Reducing Costs or Improving Processes? Understanding the
Drivers for Implementing Shared Service Centers
Carolyn Carter, Emerson Process Management; Jill Kot,
Government of British Columbia
Suzanne Miller, Oracle
Tuesday 11/13/2007 4:45 PM - 5:45 PM

S291196
Integration at Its Best: Using the Oracle E-Business Suite
Accounting Architecture to Account for External Transactions
Chris Bailey, Sherwin Williams; Neil Ramsay, Oracle; Chris
Weaver, Sherwin Williams
Wednesday 11/14/2007 9:45 AM - 10:45 AM

S291194
The Next Step in Your Enterprise
Resource Planning Automation: Cash and Treasury Solutions
Julia Baeva, Oracle; Vidya Rajagopalan, Yahoo
Wednesday  11/14/2007 11:15 AM - 12:15 PM

S291200
Case Study: Consolidating ERP Financials Instances at
British Telecom
Adam Chaikin, British Telecom; Zoe Read, Oracle; Adrian
Robinson, British Telecom
Wednesday 11/14/2007 11:15 AM - 12:15 PM

S291197
Release 12 or Bust! Emerson's Business Case for Upgrading to
Oracle E-Business Suite Financials Release 12
Pam Bateman, Emerson; Carolyn Carter, Emerson Process
Management; Joe Gum, Oracle
Wednesday 11/14/2007 3:00 PM - 4:00 PM

S291212
Oracle Internet Expenses: Fast Implementations, Effective
Business Benefits
Joanne Davis, Red Rock Consulting; Diana Gray, Oracle
Wednesday 11/14/2007 3:00 PM - 4:00 PM

S291198
Oracle E-Business Suite Release 12 Customer Case Study:
Using the New Subledger Accounting to Address Global Accounting Requirements
Jason Tofteland, Accenture; Rusty Witcher, Accenture; Rob
Zwiebach, Oracle
Wednesday 11/14/2007 4:30 PM - 5:30 PM

S291207
How Much Should It Cost to Make a Payment?
Annette Dall, Oracle; Amrita Mehrok, Oracle
Thursday 11/15/2007 10:00 AM - 11:00 AM

S291214
Q&A with Development and Strategy Executives
Folia Grace, Oracle; Sreeni Hosamane, Oracle; Rondy Ng, Oracle; Terrance Wampler, Oracle
Thursday 11/15/2007 1:00 PM - 2:00 PM

S291209
Managing Transaction Taxes Worldwide with a Global
Integration Strategy
Richard Baxter, Deloitte; Maria Centeno, Oracle; John Cowan,
Vertex Inc.; Antoni Turczynowicz, PwC; Tim Walsh, ADP
Thursday 11/15/2007 8:30 AM - 9:30 AM

Hopefully, we'll see you at some of our sessions!
-J

The event of the year for the treasury professionals in the U.S. and Canada is on the horizon, and it is time to reveal what we are doing at the AFP Conference.

(Just when you thought this would be another blog entry about Oracle OpenWorld.)  

On October 21-24, 2007 a team of superhero sales consultants will descend on the floor of the Boston Convention and Exhibition Center to woo the crowd with the latest and greatest of Oracle technology.

Moreover, Oracle customer Michael Brown, Senior Vice President and Treasurer of the Centro Properties Group, will be presenting at one of the educational sessions. His session is titled, "Building Sustainable 404 Processes for Better Risk Management" and it is on Tuesday, October 23, 2007 from 2:00 p.m. � 3:15 p.m.

For more details, go to the event page.

I will be there as well. So, stop by and say "hi"!

My favorite site for all things treasury gtnews.com (free registration required) is running a feature on treasury technology this week.

If you only have time to read one of the seven new articles, I will definitely recommend Elizabeth St-Onge's "Treasury: The Last Frontier of Automation". While the need for treasury technology is apparent and there is no shortage of options, the author points out a myopic view of the investment in treasury technology and competing priorities as two main reasons for the relatively modest adoption rates.

Coincidentally, in my presentation at the Oracle OpenWorld on November 14 (Session # S291194), I will be making a case for choosing treasury operations as the next target for business process automation. My co-presenter from Yahoo! will share their story of implementing Oracle Treasury.

Some companies have dedicated systems for each part of the treasury operations. Others manage multi-million dollar deals in spreadsheets. Where does your company stand on the treasury technology adoption curve?

Did you know that Oracle Financials turns twenty years old this year?  I think that twenty years in the software industry is like ten in dog years which is about seventy in human years.  Can you remember the early character-mode release of Financials?  We still hear about how much people loved character mode forms and how efficient those forms were.   Back in the day, our users basically spoke another language where "backslash", "navigate", 'quickpick", & "zoom" were words in their vocabulary.  Remember...this was before the internet and email were widely used!  For those of you wanting to to take a stroll down memory lane, here's an old screenshot that someone dug up for me.

Financials has certainly come along way.  In some ways, it feels like we've done it all; and in other ways, it feels like we're just getting started.

Financials looks like this today....

What do you think Financials will look like in 2027?