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Collaborate 2016 in Review – Moving Companies to the Cloud

Submitted by guest blogger McKenzie Clune. Oracle Planning and Budgeting Cloud Service (PBCS) was launched at OOW two years ago, and since then, customers and partners have been raving about the solution and its capabilities.  At Collaborate 2016 we had the opportunity to sit down with Oracle partners to discuss their recent successes with Oracle PBCS. Most notably, we spoke with Scott Costello from Key Performance Ideas, Alex Ladd from Mindstream Analytics, and Nihar Parikh...

Sunday, September 4, 2016 | Read More

Part C. New Revenue Recognition – Disclosure, the Forgotten Implication

Tools In a previous blog article (Series 1, part 6), I pointed out that the functionality of a multi-dimensional consolidation tool, like Oracle Hyperion Financial Management or Oracle Financial Consolidation and Close Cloud Service (FCCS), will assist in the transition phase adoption of the new revenue recognition guidelines. And, in concert with the capabilities built in to the ERP system, the consolidation tool is important to organization’s ability to measure and report...

Monday, June 27, 2016 | Read More

Oracle Enterprise Performance Management (EPM) Wins 2016 CFO Readers’ Choice Award

Directly on the heels of being named a leader in two of Gartner’s magic quadrants for the ability to execute - the first for Strategic Corporate Performance Management (Strategic CPM or EPM in our terms) and the second Financial Corporate Performance Management - Oracle Enterprise Performance Management (EPM) has now also received a prestigious 2016 CFO Readers’ Choice Award. CFO Magazine conducted their inaugural survey of readers to determine their preferred...

Tuesday, June 21, 2016 | Read More

Part B: New Revenue Recognition – Disclosure, the Forgotten Implication

I continue my conversation with Mike Malwitz, Principal Solutions Consultant at Oracle. Nigel Youell: “Can you provide examples of different types of disclosures that an organization might choose to make?” Mike Malwitz: “There is some guidance provided, but there are some options for what an organization might choose to present. Let me illustrate by building on an example from the FASB documentation.A company, Clean-Around, offers cleaning and grounds maintenance services. On...

Friday, June 10, 2016 | Read More

Gartner Positions Oracle as a Leader in Both Gartner Magic Quadrants for Financial and Strategic EPM

On May 31, Gartner released its 2016 Magic Quadrant for Corporate Performance Management Suites reports. This year, Gartner split the CPM MQ into two parts: The first one, Strategic CPM (SCPM), is primarily focused on planning, budgeting and forecasting. Also included are solutions for strategy management, profitability modeling, and performance reporting. The second MQ, Financial CPM (FCPM), covers financial consolidation, financial and management reporting and disclosures,...

Tuesday, June 7, 2016 | Read More

Part A: New Revenue Recognition–Disclosure, the Forgotten Implication

Part A - Overview I was speaking with Mike Malwitz, Principal Solutions Consultant at Oracle, and I asked him about concerns that he has heard from organizations recently around the new revenue recognition guidelines. His responses were illuminating.  Nigel Youell: “Organizations have been busy figuring out how to recognize and measure revenue under the new guidelines set out by FASB and IASB, but are there other impacts they should be considering?”Mike Malwitz: “I’m hearing...

Thursday, May 26, 2016 | Read More

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