By John Mervis, Go To Market Strategy and Execution, Oracle If you work in finance for a product-focused company—manufacturing, consumer goods, food production,...
By John Mervis, Go To Market Strategy and Execution, Oracle If you work in finance for a product-focused company—manufacturing, consumer goods, food production, or many others—your work is closely tied to the supply chain. You can forecast estimates for next year’s growth, but if there’s a hiccup in operations, or a key supplier unexpectedly raises its prices, it can throw your whole forecast out the window. Integrated business planning (IBP) offers a solution. It helps you...
By John Mervis, Go To Market Strategy and Execution, Oracle If you work in finance for a product-focused company—manufacturing, consumer goods, food production, or many others—your work is closely...
By Robert Landon As we've already seen, a vast majority of CFOs want to play a leading role in driving business agility in the digital age. Yet nearly 70% say...
By Robert Landon As we've already seen, a vast majority of CFOs want to play a leading role in driving business agility in the digital age. Yet nearly 70% say they lack the resources to do so, according to Agile Finance Revealed: The New Operating Model for Modern Finance—a new research report from Oracle and the American Institute of CPAs (AICPA). However, some CFOs are bucking this trend, with a new, agile operating model encompassing three pillars: Greater efficiency...
By Robert Landon As we've already seen, a vast majority of CFOs want to play a leading role in driving business agility in the digital age. Yet nearly 70% say they lack the resources to do...
What’s your biggest tale of woe when it comes to planning and budgeting? I’m sure you have one. It seems that every finance manager does. In my recent article,...
What’s your biggest tale of woe when it comes to planning and budgeting? I’m sure you have one. It seems that every finance manager does. In my recent article, “7 Things Finance Managers Hate About Spreadsheets,” we shared our findings from conversations with experienced finance leaders—uncovering the many reasons they hate spreadsheets, and the one big reason they won’t give them up. There were three confessions, in particular, that served as prime examples of why finance...
What’s your biggest tale of woe when it comes to planning and budgeting? I’m sure you have one. It seems that every finance manager does. In my recent article, “7 Things Finance Managers Hate About...
Cloud technology is fast becoming mainstream and decision makers are realizing huge benefits from enterprise performance management (EPM) services in the cloud....
Cloud technology is fast becoming mainstream and decision makers are realizing huge benefits from enterprise performance management (EPM) services in the cloud. Many CFOs are now successfully leveraging cloud technology for their EPM processes to digitally transform their finance organizations and generate value for the business. Recently, Oracle surveyed over 400 decision makers to learn more about their experiences with EPM in the cloud, and their plans for 2017-18. Both...
Cloud technology is fast becoming mainstream and decision makers are realizing huge benefits from enterprise performance management (EPM) services in the cloud. Many CFOs are now...
By Rupert Haines, VP Finance UK Region and Global Operations, Oracle There will be many CFOs serving today who weathered the storms of the 2007-2008 financial...
By Rupert Haines, VP Finance UK Region and Global Operations, Oracle There will be many CFOs serving today who weathered the storms of the 2007-2008 financial crisis, and even some who tackled the dot-com boom and bust of the late 1990s. Now, however, we are entering a new era of increasingly rapid change as we move into the digital age—where a majority of businesses are either being disrupted in some form by competitors using new digital technologies or are acting as the...
By Rupert Haines, VP Finance UK Region and Global Operations, Oracle There will be many CFOs serving today who weathered the storms of the 2007-2008 financial crisis, and even some who tackled the...
Not understanding where you make or lose money can easily destroy your business. Nearly every CFO understands the need to focus resources and cash on the right...
Not understanding where you make or lose money can easily destroy your business. Nearly every CFO understands the need to focus resources and cash on the right things—to invest in more winners, and reduce investment in losers. But, as I recently wrote, the devil is in the detail. Finance leaders often have a troublingly incomplete view of profit and costs. Fragmented systems and a siloed approach to data continue to stand in the way of a holistic picture. Companies admit...
Not understanding where you make or lose money can easily destroy your business. Nearly every CFO understands the need to focus resources and cash on the right things—to invest in more winners, and...
Question: Whoever said spreadsheets were a great way to run a business? Answer: Nobody. Ever. The reason: Spreadsheets are notoriously unreliable. In one of the...
Question: Whoever said spreadsheets were a great way to run a business? Answer: Nobody. Ever. The reason: Spreadsheets are notoriously unreliable. In one of the biggest studies of its kind, an analysis of thousands of spreadsheets from the archive of failed energy giant Enron found that almost one-quarter of them contained errors. And Enron was hardly alone: a 2015 study of 1,200 UK decision makers by FIF9 revealed that nearly 1 in 5 large businesses have suffered direct...
Question: Whoever said spreadsheets were a great way to run a business? Answer: Nobody. Ever. The reason: Spreadsheets are notoriously unreliable. In one of the biggest studies of its kind, an...
Businesses have never been under greater pressure to improve performance and remain profitable, and are increasingly relying upon the CFO to help them achieve...
Businesses have never been under greater pressure to improve performance and remain profitable, and are increasingly relying upon the CFO to help them achieve this. According to Oracle’s own research, 53% of finance leaders say their organization demands more of them than ever. The problem for CFOs is that they often have to optimize value based on a troublingly incomplete view of profit and costs. Fragmented systems and a siloed approach to data continue to stand in the way,...
Businesses have never been under greater pressure to improve performance and remain profitable, and are increasingly relying upon the CFO to help them achieve this. According to Oracle’s own research,...
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...
