by David Ebert, Director of Higher Education, Oracle As a university or college administrator, do you have what it takes to do things better, faster and...
by David Ebert, Director of Higher Education, Oracle As a university or college administrator, do you have what it takes to do things better, faster and smarter? Simply put: Are you doing things right? Universities and colleges need to become the modern, high-tech campuses that their students, staff and communities expect. That’s not an easy task considering that funding isn’t what it used to be. According to a recent report, funding for public two- and four-year colleges...
by David Ebert, Director of Higher Education, Oracle As a university or college administrator, do you have what it takes to do things better, faster and smarter? Simply put: Are you doing things...
The other day Seamus Moran, our senior director of product management for Oracle Financials Cloud, remarked how ASC 606 and IFRS 15 require substantial changes...
The other day Seamus Moran, our senior director of product management for Oracle Financials Cloud, remarked how ASC 606 and IFRS 15 require substantial changes to how organizations currently recognize revenue from customer contracts. This piqued my curiosity, so I asked Seamus to elaborate. Without hesitation, Seamus quickly explained the numerous impacts, devoting particular attention to the requirement for organizations to allocate the total contract amount to the...
The other day Seamus Moran, our senior director of product management for Oracle Financials Cloud, remarked how ASC 606 and IFRS 15 require substantial changes to how organizations currently recognize...
By Emma Greene, Senior Director Applications, Global Marketing The potential of digital developments is enormous, creating new opportunities and obstacles for...
By Emma Greene, Senior Director Applications, Global Marketing The potential of digital developments is enormous, creating new opportunities and obstacles for finance teams around the globe, every day. Many companies may be able to survive, but the real question is: can they thrive in this new working world? Finance leaders like you need to make the most of the latest innovations; redefine annual reports and eliminate errors in narrative disclosures; throw out aging budgeting...
By Emma Greene, Senior Director Applications, Global Marketing The potential of digital developments is enormous, creating new opportunities and obstacles for finance teams around the globe, every...
By Bart Stoehr, Senior Director, Product Management, Oracle In the 2015 Benchmarking the Accounting & Finance Function report, Tyrone Cotie, treasurer of...
By Bart Stoehr, Senior Director, Product Management, Oracle In the 2015 Benchmarking the Accounting & Finance Function report, Tyrone Cotie, treasurer of Clearwater Seafoods said, “…no matter how quickly you compile and release historic financial statements, you never make a decision off of them. The challenge for finance is getting timely and accurate analysis that’s forward-looking and helps us make decisions.” Can the traditional GL provide details to support management...
By Bart Stoehr, Senior Director, Product Management, Oracle In the 2015 Benchmarking the Accounting & Finance Function report, Tyrone Cotie, treasurer of Clearwater Seafoods said, “…no matter how...
No matter the size of your organization, the monthly financial close can be a daunting effort. It often requires hundreds or thousands of tasks executed by...
No matter the size of your organization, the monthly financial close can be a daunting effort. It often requires hundreds or thousands of tasks executed by scores of people working across the enterprise. And it’s inherently a rush job—every month. Even if they automate some parts of the financial close process, organizations still must perform time-consuming double-checking and rework, with the potential for error growing each time someone touches the data. Is there a better...
No matter the size of your organization, the monthly financial close can be a daunting effort. It often requires hundreds or thousands of tasks executed by scores of people working across...
by Bart Stoehr, Senior Director, Product Management, Oracle Previously we pointed out the two categories associated with implementation failures in the...
by Bart Stoehr, Senior Director, Product Management, Oracle Previously we pointed out the two categories associated with implementation failures in the development of meaningful profitability analytics. Basically, we identified problems associated with culture—throughout the organization and within the project implementation team—and problems associated with inappropriate use of technology. While cultural problems are incessantly difficult to diagnose and resolve,...
by Bart Stoehr, Senior Director, Product Management, Oracle Previously we pointed out the two categories associated with implementation failures in the development of meaningful profitability...
Account reconciliation is like the common cold. Here it comes around again, you know you’re going to be miserable, but there’s not much you can do about that....
Account reconciliation is like the common cold. Here it comes around again, you know you’re going to be miserable, but there’s not much you can do about that. I’ve been there, so I feel your pain. Reconciliation is just one part of the monthly financial close, and often overlooked for process improvement that would make the close faster, easier and more secure. Yet because reconciliations are often manual, involve hundreds of people, and can require tens of thousands of...
Account reconciliation is like the common cold. Here it comes around again, you know you’re going to be miserable, but there’s not much you can do about that. I’ve been there, so I feel your pain....
Bart Stoehr, Sr. Director for Product Management, Oracle Practitioners have long been aware that Enterprise Performance Management (EPM) consists of a...
Bart Stoehr, Sr. Director for Product Management, Oracle Practitioners have long been aware that Enterprise Performance Management (EPM) consists of a multidisciplinary set of processes. While EPM endeavors meet multiple corporate objectives for a variety of business consumers, various software vendors have provided a wide array of tools to support the EPM journey. In an attempt to clarify the EPM landscape, Gartner recently announced that it is splitting its Corporate...
Bart Stoehr, Sr. Director for Product Management, Oracle Practitioners have long been aware that Enterprise Performance Management (EPM) consists of a multidisciplinary set of processes. While EPM...
I happened to be speaking with Mike Malwitz, Principal Solutions Consultant at Oracle, and I asked him about concerns that he has been hearing from...
I happened to be speaking with Mike Malwitz, Principal Solutions Consultant at Oracle, and I asked him about concerns that he has been hearing from organizations recently around the new revenue recognition guidelines. His responses are illuminating, as you'll see in the following Q&A. 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...
I happened to be speaking with Mike Malwitz, Principal Solutions Consultant at Oracle, and I asked him about concerns that he has been hearing from organizations recently around the new...