Every month, it’s a rush job. The financial close often requires hundreds—even thousands—of tasks, executed by scores of people working across the business....
Every month, it’s a rush job. The financial close often requires hundreds—even thousands—of tasks, executed by scores of people working across the business. Then, there’s the double-checking and rework, with the potential for mistakes growing every time someone touches the data. Sound familiar? In my work with companies large and small, I often see fragmented processes with manual interventions and disconnected spreadsheets. There is often a lack of clarity as to which are...
Every month, it’s a rush job. The financial close often requires hundreds—even thousands—of tasks, executed by scores of people working across the business. Then, there’s the double-checking...
By Marc Seewald, Senior Director, Product Management, Oracle EPM Cloud Governments globally are looking at increasing tax revenues, especially from...
By Marc Seewald, Senior Director, Product Management, Oracle EPM Cloud Governments globally are looking at increasing tax revenues, especially from multinational companies that earn significant revenues in country, but pay small amounts of local corporate tax. This is leading to more intrusive reporting requirements like country by country reporting (CbCR); however, this is not the only change that you can expect. Globalization continues to drive more scrutiny of corporate...
By Marc Seewald, Senior Director, Product Management, Oracle EPM Cloud Governments globally are looking at increasing tax revenues, especially from multinational companies that earn significant...
By Sheila Dietsch, Executive Director, Oracle ERP Cloud Making the choice of which ERP cloud provider to select is a critical one for any company. It involves a...
By Sheila Dietsch, Executive Director, Oracle ERP Cloud Making the choice of which ERP cloud provider to select is a critical one for any company. It involves a commitment of time, talent, and treasure, and the outcome of the decision can shape the future of an organization. Obviously you want an ERP cloud solution that has best practices baked into it, that simplifies processes, facilitates communications between key parties, and fuels innovation. All of this amazing...
By Sheila Dietsch, Executive Director, Oracle ERP Cloud Making the choice of which ERP cloud provider to select is a critical one for any company. It involves a commitment of time, talent,...
The coming year will see some of the biggest regulatory changes in the corporate global tax landscape that we’ve seen for some time. Are you ready to meet the...
The coming year will see some of the biggest regulatory changes in the corporate global tax landscape that we’ve seen for some time. Are you ready to meet the reporting and audit requirements coming your way? The OECD has delivered two significant initiatives: Base Erosion and Profit Shifting (BEPS) Standard Audit Files for Tax (SAF-T) These, along with local changes, have transformed international tax and tax authority behavior. As I recently wrote, multinational...
The coming year will see some of the biggest regulatory changes in the corporate global tax landscape that we’ve seen for some time. Are you ready to meet the reporting and audit requirements...
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 Toby Hatch, Senior Product Marketing Director, Oracle EPM Cloud Healthcare is a complex business. Whether you are a healthcare payor or a provider, you have...
By Toby Hatch, Senior Product Marketing Director, Oracle EPM Cloud Healthcare is a complex business. Whether you are a healthcare payor or a provider, you have cost and revenue/funding complexities that are difficult to track—and therefore, difficult to change. So how can you simplify those complexities to ensure you are getting the biggest bang for your healthcare buck? Put the power in the hands of the business users—not IT. Enable them to analyze data and test scenarios to...
By Toby Hatch, Senior Product Marketing Director, Oracle EPM Cloud Healthcare is a complex business. Whether you are a healthcare payor or a provider, you have cost and revenue/funding complexities...
It’s a new year, with a new president of the United States—and that means a new round of uncertainties for the healthcare industry. With the future of the...
It’s a new year, with a new president of the United States—and that means a new round of uncertainties for the healthcare industry. With the future of the Affordable Care Act in doubt, healthcare providers are once again unsure about the regulatory framework they will soon be operating under. One thing that everyone seems to agree on, however, is that healthcare costs are too high. Efforts to improve cost management will never go amiss, regardless of who is footing the bill....
It’s a new year, with a new president of the United States—and that means a new round of uncertainties for the healthcare industry. With the future of the Affordable Care Act in doubt,...
Finance departments face increasing pressure to transform and streamline the financial close and reporting function while continuing to maintain the integrity...
Finance departments face increasing pressure to transform and streamline the financial close and reporting function while continuing to maintain the integrity of the financial statements and close process. A key part of this close process includes the completion of detailed reconciliations, including transaction matching, which is often a major bottleneck. The necessity for understanding and certifying balances and transactions is prompted by regulatory and audit control...
Finance departments face increasing pressure to transform and streamline the financial close and reporting function while continuing to maintain the integrity of the financial statements and close...
By Seamus Moran, Senior Director, Financials Development, Oracle With the season of giving upon us, many of you might be out buying gift cards for family and...
By Seamus Moran, Senior Director, Financials Development, Oracle With the season of giving upon us, many of you might be out buying gift cards for family and friends. These days, whenever I see one of those gift cards, I wonder: “How are all of these companies going to recognize this revenue when the new Revenue from Contracts with Customers accounting standard goes into effect for most companies in 2018?” Considering that consumers are expected to spend $25.7 billion on...
By Seamus Moran, Senior Director, Financials Development, Oracle With the season of giving upon us, many of you might be out buying gift cards for family and friends. These days, whenever I see one of...
