Wednesday Mar 27, 2013

PeopleSoft 9.2 is Here!! New Features. More Functions. Lower TCO.

Oracle's commitment to PeopleSoft continues. Building off a proven 25-year history of best-in-class solutions, PeopleSoft 9.2 delivers revolutionary innovation by creating an improved user experience that fundamentally changes how users interact with PeopleSoft. In addition to over 1,000 new features and enhancements that make it a robust solution and lowers the total cost of ownership, PeopleSoft 9.2 takes the user experience to the next level—with a more intuitive, easy-to-use interface that incorporates the consumer internet experience.

Don't Get Left Behind

Don't Get Left Behind

65% of PeopleSoft customers are using PeopleSoft 9.1. Protect your PeopleSoft investment—start your upgrade today.

A Whole New User Experience

PeopleSoft 9.2 users navigate effortlessly with a global, free text search and have the ability to act directly on the search results. Information is presented in the most visual manner possible, making it easy for casual users to navigate and work faster. Out-of-the-box WorkCenters help high frequency users dramatically boost productivity by consolidating user tasks, exceptions, alerts, links, reports, and queries into a single, secure, role-based, cockpit-style “command center” that can be personalized.


Over 1,000 Enhancements

In addition to an innovative new user experience, PeopleSoft 9.2 delivers comprehensive business and industry solutions designed to address the most intricate requirements in HR, financials, and supply chain management, including:

  • New mobile capabilities for requisitioning, inventory, and company directories
  • Smart HR template-based transactions
  • Mass GL Journal approval

Did You Know?

Did you Know
Launch the infographics

Reducing the Cost to Stay Current

PeopleSoft 9.2 transforms the maintenance process. PeopleSoft Update Manager helps minimize costs and disruptions associated with applying maintenance and maximize the impact of desired updates. With it, customers can:

  • Tailor the scope of maintenance to meet specific needs
  • Apply maintenance on their schedules
  • Get current regardless of prior maintenance levels

Invest in Innovation: Upgrade to PeopleSoft 9.2

Oracle is continuing to invest in PeopleSoft applications and technology to deliver value to PeopleSoft customers around the world. Don’t get left behind. Protect your PeopleSoft investment.

Tuesday Mar 19, 2013

Best Kept Secret How to Improve Your Organization’s Bottom Line

If your organization is like most, you have devoted enormous resources to optimizing business processes. From utilizing shared service centers, to automating workflow approvals, no doubt your processes are in great shape.

 

Less understood but even more problematic is process activities that negatively impact your organization’s bottom line. Affectionately referred to as financial or cash leakage, organizations are starting to realize that they are losing literally millions of dollars each year to cash leakage.

 

Financial leakage comes in three basic forms: 1) activities that directly impact the bottom line, 2) activities that indirectly the bottom line, and 3) activities that negatively impact cash flow and that impact on the bottom line.

 

Fortunately the word is getting out that Oracle’s GRC advanced control solutions are helping organizations of all sizes to dramatically reduce financial leakage. For example, duplicate vendor invoices are a major problem that directly impacts the bottom line. Advanced controls continuously monitor both supplier records and supplier invoices for potential duplicates, then alerts management about questionable invoices.

 

In future blog postings we plan to share intriguing ways that organizations are using their advanced control solutions to reduce financial leakage and improve their bottom line. In the meantime, we encourage you to provide comments with any use cases with your business peers.

Friday Mar 01, 2013

FASB and IASB Set Effective Date for New Revenue Recognition Standard: January 1, 2017

An update from our resident IFRS expert, Seamus.....The FASB and IASB met on February 20th and put the finishing touches to the new US GAAP and IFRS Revenue recognition principle, Revenue from Contracts with Customers.  As they say on their websites, all that remains is for the staff to begin drafting the final standard.  They decided on the effective date of the standard for new transactions: January 1, 2017

Both the FASB and the IASB are in agreement that early adoption will not be permitted. There are now three arrangements organizations can use during the transitional period, between now and 2017:

1)  Retrospective reporting, where each revenue transaction is tracked under both the old and the new in full
2)  Retrospective reporting exploiting the permitted optional practical expedients previously published
3)  Apply the standard to new post January 2017 initial revenue items, recognize the impact of the change as an adjustment to opening 2017 balance, and disclose the changes

It will be interesting to see how these options are explored by practitioners and professionals.  They have substantially updated the disclosure requirements, introducing some qualitative elements, eliminating the onerous obligation disclosure, and adding some assumptions and methods disclosure.

About

Focusing on solutions for the Office of Finance, this blog will highlight key financial management market trends, events and other news of interest.

Search

Categories
Archives
« March 2013 »
SunMonTueWedThuFriSat
     
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
20
21
22
23
24
25
26
28
29
30
31
      
Today