Join Us in Boston as We Reveal the New Operating Model for Modern Finance The digital economy is changing the face of finance. Finance transformation expert...
Join Us in Boston as We Reveal the New Operating Model for Modern Finance The digital economy is changing the face of finance. Finance transformation expert David Axson forecasts that by 2020, finance won’t look anything like it does today. 80% of traditional finance services will be delivered by cross-functional, integrated teams, centralized in shared services or centers of excellence. 75% of your team’s time will be focused on decision support and predictive analysis,...
Join Us in Boston as We Reveal the New Operating Model for Modern Finance The digital economy is changing the face of finance. Finance transformation expert David Axson forecasts that by 2020, finance...
By Stephen Manning, Cloud ERP Consulting Leader, Hitachi Consulting It seems like whenever a business decides to move finance to the cloud, people inevitably...
By Stephen Manning, Cloud ERP Consulting Leader, Hitachi Consulting It seems like whenever a business decides to move finance to the cloud, people inevitably raise questions about connectivity. Will they still be able to connect to applications and data that were left on premise? What about third-party apps, specialized homegrown apps, or apps that run in their own separate cloud? How hard will it be to plug those into a cloud-based financial system? As a technology and...
By Stephen Manning, Cloud ERP Consulting Leader, Hitachi Consulting It seems like whenever a business decides to move finance to the cloud, people inevitably raise questions about connectivity....
By Rich Clayton, Vice President, Business Analytics Product Group You’ve probably been hearing a lot of marketing buzz recently about “machine learning.” More...
By Rich Clayton, Vice President, Business Analytics Product Group You’ve probably been hearing a lot of marketing buzz recently about “machine learning.” More and more companies are using this new set of technologies that combine data mining and predictive analytics to automatically discover patterns in the data and to learn from those discoveries. For example, the first time you shop on a retail ecommerce site, you purchase a home brewing kit. The algorithms behind the...
By Rich Clayton, Vice President, Business Analytics Product Group You’ve probably been hearing a lot of marketing buzz recently about “machine learning.” More and more companies are using this new...
February is Black History Month, so here is some finance history you might not be aware of. In 1969, nine African-Americans met in New York City to discuss the...
February is Black History Month, so here is some finance history you might not be aware of. In 1969, nine African-Americans met in New York City to discuss the unique challenges (and limited opportunities) they faced in the accounting profession. At the time, there were only 136 African-American certified public accountants (CPAs) out of a total of 100,000 in the United States. The group wanted to establish an organization to address the concerns of minorities entering the...
February is Black History Month, so here is some finance history you might not be aware of. In 1969, nine African-Americans met in New York City to discuss the unique challenges (and...
By Steve Cox, Vice President, Oracle ERP and EPM Cloud Go-to-Market Raise your hands: How many of you know what “ERP” stands for? If you said “enterprise...
By Steve Cox, Vice President, Oracle ERP and EPM Cloud Go-to-Market Raise your hands: How many of you know what “ERP” stands for? If you said “enterprise resource planning,” you’d be right—but you’d also be missing something. There’s a hidden “R” in ERP, and it stands for “reporting”—because without accurate, trustworthy reports, even the best finance systems are useless. As I recently wrote in FEI Daily, reporting solutions are often a menagerie of applications from a myriad...
By Steve Cox, Vice President, Oracle ERP and EPM Cloud Go-to-Market Raise your hands: How many of you know what “ERP” stands for? If you said “enterprise resource planning,” you’d be right—but...
By Margaret Harrist, Director of Content Strategy, Oracle From unexpected votes on the world stage to competitors that devise whole new digital business models,...
By Margaret Harrist, Director of Content Strategy, Oracle From unexpected votes on the world stage to competitors that devise whole new digital business models, companies need to be ready for anything—and be flexible enough to shift strategic gears. Add that on top of constantly looking for ways to do things ten times better, faster, and cheaper, and that sums up the challenge of being a finance leader today, said Oracle’s Steve Cox, vice president, Oracle ERP and EPM Cloud...
By Margaret Harrist, Director of Content Strategy, Oracle From unexpected votes on the world stage to competitors that devise whole new digital business models, companies need to be ready...
By Alessandro Evangelisti, Finance and Supply Chain Cloud Evangelist, Oracle @alexevangelisti Major change is afoot. With a political outsider now in the White...
By Alessandro Evangelisti, Finance and Supply Chain Cloud Evangelist, Oracle @alexevangelisti Major change is afoot. With a political outsider now in the White House and negotiations around the UK’s exit from the EU just around the corner, the stage is set for a new wave of policies and macroeconomic conditions that will define the way we do business. The difficulty is that few people, if any, truly know what this change will bring. For instance, companies will be watching...
By Alessandro Evangelisti, Finance and Supply Chain Cloud Evangelist, Oracle @alexevangelisti Major change is afoot. With a political outsider now in the White House and negotiations around the UK’s...
By Arun Khehar, SVP Applications ECEMEA, Oracle It’s official: 2018 will see the start of implementation of a value-added tax (VAT) across the Gulf States. The...
By Arun Khehar, SVP Applications ECEMEA, Oracle It’s official: 2018 will see the start of implementation of a value-added tax (VAT) across the Gulf States. The Kingdom of Saudi Arabia approved a 5% tax last week, after considering recommendations from the International Monetary Fund. The recent slide in oil prices worldwide has diminished the amount of revenue flowing into the six-member Gulf Cooperation Council (GCC), which includes Saudi Arabia, the United Arab Emirates,...
By Arun Khehar, SVP Applications ECEMEA, Oracle It’s official: 2018 will see the start of implementation of a value-added tax (VAT) across the Gulf States. The Kingdom of Saudi Arabia approved a 5%...
By Gilles Demarquet, Senior Principal, Oracle EPM Cloud When Kraft Foods merged with the H.J. Heinz Company in 2015, the new entity was facing a tight timeline....
By Gilles Demarquet, Senior Principal, Oracle EPM Cloud When Kraft Foods merged with the H.J. Heinz Company in 2015, the new entity was facing a tight timeline. Kraft Heinz wanted to move 1,500 finance users, across 40 countries, in five time zones, onto a single planning and budgeting system—and they wanted it done quickly. Prior to the merger, planning and budgeting was done with spreadsheets—prone to human error, and not scalable enough for the new company, which now has...
By Gilles Demarquet, Senior Principal, Oracle EPM Cloud When Kraft Foods merged with the H.J. Heinz Company in 2015, the new entity was facing a tight timeline. Kraft Heinz wanted to move...