Recent Posts by Lynne Sampson

Gartner has named Oracle ERP Cloud a Leader in its 2019 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises. We’re pleased to make this report available to our readers with our compliments. This is the third consecutive year that Oracle ERP Cloud has been recognized as a Leader in Gartner’s report. Out of 10 products evaluated, Oracle ERP Cloud is positioned highest for “ability to execute” and furthest right for “completeness of...

As businesses have to report on increasing amounts of data, more finance professionals are looking to incorporate automation and artificial intelligence into their internal processes. Automation of financial reporting has the power to eliminate costly errors that can result from manual accounting, reduce the time it takes to update financial statements, and can affect various other reporting processes—including actions surrounding financial statements, quarterly reports,...

For a small-to-medium business (SMB), a move to enterprise resource planning (ERP) cloud is a move in the right direction. But how should that process be structured for the best results? We spoke with Martin Hendrix, Oracle Managing Consultant - Solution Director, DXC Technology, to talk about how enterprises are moving to the cloud without disrupting day-to-day business operations. In the interview, Hendrix shares a real-world example of how an EMEA-based teaching hospital...

As an enterprise scales from local to national to global operations, it has to work within structures created by increasingly complex rules, regulations, and systems governing the way money and material moves from place to place. Working within these structures can involve enormous time and expense—particularly when dealing with international law—while maintaining strict control over the large volumes of data a modern enterprise can generate every day. What if there was a...

How cool would it be if you could just ask your finance system a question and it would give you the answer right away?  I recently saw a demo of this exact experience. Developed by Oracle for a major insurer, you can watch the video here. While this chatbot is insurance-specific, it's just one example of the digital assistants that Oracle is rolling out across its cloud applications. Providing more than just pre-scripted responses to frequently asked questions, these...

You don’t thrive in business for nearly a century by resting on your laurels. That’s what inspired a leading multi-industry company approaching its 100th anniversary to look to the cloud for innovation and growth into the next century. Until recently, the company was running its global network of aerospace, defense, industrial, and financial businesses on a 20-year-old on-premises solution (Infor Lawson) that lacked the scalability and flexibility to support its growth. It was...

Are you a small-to-medium business (SMB) considering moving from an on-premises enterprise resource planning (ERP) tool to Oracle ERP Cloud? While productivity, security, and cost efficiency are major motivators for any organization looking to take advantage of this generational shift in computing, there are many other compelling reasons to make the change. Still on the fence? Check out this video of the CFO of tomorrow and then consider these five reasons why other SMBs...

When we talk to finance leaders about AI and other emerging technologies, such as blockchain or the Internet of Things (IoT), we hear a common refrain: "We know we need it. We just don't know why we need it." This is largely a problem created by the traditional delivery model of emerging technologies, which goes something like this: Figure out what business problems you want to solve—often with the help of expensive consultants Buy an AI development platform Use the platform to...

When we talk to finance leaders about AI and other emerging technologies, such as blockchain or the Internet of Things (IoT), we hear a common refrain: "We know we need it. We just don't know why we need it." This is largely a problem created by the traditional delivery model of emerging technologies, which goes something like this: Figure out what business problems you want to solve—often with the help of expensive consultants Buy an AI development platform Use the platform to...