By Steve Cox, Group Vice President, ERP and EPM Cloud Business Group, Oracle It’s often not easy to envision or understand a new technology when we first hear...
By Steve Cox, Group Vice President, ERP and EPM Cloud Business Group, Oracle It’s often not easy to envision or understand a new technology when we first hear about it—especially when the technology is not something that you can see, hold or touch. Everyone can see what a smartphone is, and most finance professionals understand the impact that related technologies, like mobile and social, have had on the way we conduct business. Emerging technologies are a different matter....
By Steve Cox, Group Vice President, ERP and EPM Cloud Business Group, Oracle It’s often not easy to envision or understand a new technology when we first hear about it—especially when the technology...
Not so long ago, finance departments for most organizations provided just back-office services. Their mission was straightforward: pay invoices (debits),...
Not so long ago, finance departments for most organizations provided just back-office services. Their mission was straightforward: pay invoices (debits), collect revenues (credits), balance the books each month through the general ledger, and assist with audits, budgets and taxes. Month after month. Year after year. A routine based on a system established by a Venetian monk in 1494. Today, the landscape for the finance function extends well beyond the cyclical rhythm of...
Not so long ago, finance departments for most organizations provided just back-office services. Their mission was straightforward: pay invoices (debits), collect revenues (credits), balance the books...
When it comes to finance, are you a leader or a laggard? Oracle recently partnered with the American Institute of CPAs (AICPA) to investigate the traits of the...
When it comes to finance, are you a leader or a laggard? Oracle recently partnered with the American Institute of CPAs (AICPA) to investigate the traits of the most successful finance organizations. We found that the best finance teams are agile: more efficient and automated, able to shift gears based on better, more reliable information, with more time to strategize and influence the direction of the business. What’s more, businesses with agile finance teams were, overall,...
When it comes to finance, are you a leader or a laggard? Oracle recently partnered with the American Institute of CPAs (AICPA) to investigate the traits of the most successful finance organizations....
Jet engines for cars. It’s not a typical design for a vehicle with four tires and a steering wheel. But a few weeks ago, under a hot sun on a clear summer...
Jet engines for cars. It’s not a typical design for a vehicle with four tires and a steering wheel. But a few weeks ago, under a hot sun on a clear summer evening beneath the Rocky Mountains, my ten year old son and I attended our first professional dragster race. The “cars” (such as they were) used surplus engines from jet fighters attached to a simple four-wheel chassis. Inches in front of the engine sat the driver, with gallons of methane-enhanced jet fuel close by. His...
Jet engines for cars. It’s not a typical design for a vehicle with four tires and a steering wheel. But a few weeks ago, under a hot sun on a clear summer evening beneath the Rocky Mountains, my...
Recently, Oracle partnered with the American Institute of CPAs (AICPA) to find out: How is the role of finance changing in the digital world? In what ways...
Recently, Oracle partnered with the American Institute of CPAs (AICPA) to find out: How is the role of finance changing in the digital world? In what ways should the finance operating model shift to take advantage of new technologies and drive future growth? The resulting research, Agile Finance Revealed: The New Operating Model for Modern Finance, uncovers the traits of agile finance leaders and provides insight on how to build a modern, digitally-enabled finance function....
Recently, Oracle partnered with the American Institute of CPAs (AICPA) to find out: How is the role of finance changing in the digital world? In what ways should the finance operating model shift to...
By Gene Casciola, Group Vice President, Oracle Prognosticators and futurists agree: when it comes to the jobs of the future, higher education will be a...
By Gene Casciola, Group Vice President, Oracle Prognosticators and futurists agree: when it comes to the jobs of the future, higher education will be a pre-requisite. A university or college education is more important to future employability than it has ever been before. And yet, public policy hasn’t adjusted to this new reality. In fact, public funding to colleges and universities continues to be cut in the name of fiscal prudence. This leaves higher education institutions...
By Gene Casciola, Group Vice President, Oracle Prognosticators and futurists agree: when it comes to the jobs of the future, higher education will be a pre-requisite. A university or college education...
By Arun Khehar, Senior Vice President Applications, Oracle ECEMEA Most readers are familiar with the monthly bills that come from utilities: electricity, light,...
By Arun Khehar, Senior Vice President Applications, Oracle ECEMEA Most readers are familiar with the monthly bills that come from utilities: electricity, light, water, and heat (depending upon where you live). If you stop to look at the fine print of those bills, you might see a notice similar to this: “Payment due by July 31. Payments received after this date will be charged a 2% monthly interest fee.” Companies do this because they want to get the cash into their bank...
By Arun Khehar, Senior Vice President Applications, Oracle ECEMEA Most readers are familiar with the monthly bills that come from utilities: electricity, light, water, and heat (depending upon where...
The roles of HR and Finance have always been intertwined, but the wall between both departments is disappearing altogether as companies move their back office...
The roles of HR and Finance have always been intertwined, but the wall between both departments is disappearing altogether as companies move their back office systems to the cloud. HR and Finance teams have been the first to make this transition, and it’s only natural that they pair up in this venture given they are being asked to think more strategically about the future of the business and have joint stakes in many processes that feed into business strategy. This back...
The roles of HR and Finance have always been intertwined, but the wall between both departments is disappearing altogether as companies move their back office systems to the cloud. HR and Finance...
By Jennifer Snyder, Manager, PwC History is filled with tales of enterprise resource planning (ERP) projects that went seriously awry. In fact, it’s safe to say...
By Jennifer Snyder, Manager, PwC History is filled with tales of enterprise resource planning (ERP) projects that went seriously awry. In fact, it’s safe to say that in recent years the majority of $10 million-plus ERP projects—especially of the on-premises variety—have come in late and over budget. Many ended in failure. What made these projects so difficult and costly? I think we can point to a few reasons. For one, these earlier projects were championed and driven almost...
By Jennifer Snyder, Manager, PwC History is filled with tales of enterprise resource planning (ERP) projects that went seriously awry. In fact, it’s safe to say that in recent years the majority of...
