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Advice and Information for Finance Professionals

“You know how to make investors smile”

Lynne Sampson
Managing Editor

When was the last time somebody wrote a song for you?

The first time I heard this tune, I was impressed with the melody and the guitar work. But the lyrics! “Another risk analysis by morning”—this is a song written especially with finance pros like you in mind.

We’re thrilled to have this gem topping the lineup for our online event, Oracle Cloud ERP Virtual Summit: Big Moves to Pivot Forward. It’ll take you about an hour to watch all the segments from start to finish, and I highly recommend all of them. You’ll hear speakers from Lyft to Square to goPuff to Oracle share their expertise on where finance is headed.

Get the scoop from Larry Ellison

It’s always exciting when we get Oracle’s legendary co-founder, Larry Ellison, to speak at one of our events. Our executive chairman and chief technology officer gives his prognostications for a post-COVID world. When the business world was upended almost overnight, it demonstrated that we need to be ready for anything—so you must be ready to pivot on a dime and innovate constantly.

Explaining how Oracle can support innovation, Larry tells the audience about how Oracle releases updates to Oracle Cloud ERP every few months, rolling out hundreds of new features—unlike competing ERP systems, most of which are still releasing new versions every few years.

“Continuous improvement helps you respond to continuous opportunity,” Ellison says. When your company can do new things every quarter, it won’t take you long to respond to a changing business environment—or to get ahead of your competitors.

Innovative customers

Some high-profile customer speakers talk about the big business moves that companies should be making to come out ahead once the world settles on a post-COVID, “new” normal:

  • Embrace business model innovation, without compromising data security or compliance 
  • Capitalize on M&A and divestitures, by quickly integrating companies, systems, and employees with the help of a unified cloud platform 
  • Build a risk-intelligent culture, one that insulates against threats while encouraging informed risk-taking 
  • Accelerate an automated close, with AI and machine learning that can quickly deliver data to decision makers

For example, Square is embracing business model innovation, not as a one-time change but as an ongoing process. Ajmere Dale, Square’s chief accounting offer, explains how they’ve developed more than 30 products in the past decade—including hardware, software, and financial services—to help Square sellers grow their businesses.

goPuff and M&G Plc discuss how they moved on M&A by acquiring BevMo and Ascentric, respectively. Lyft talks about their move to a more automated financial close. And a publicly-traded retailer discusses how they’re creating a more risk-intelligent culture.

Each of these customers speak about their partnership with Oracle, and how it’s been key to helping them support their big moves.

All of the interviews are available online—and they’re all really interesting. I encourage you to take an hour or so to treat yourself to these insights. Because, as the song says, “It’s the little things you do.”

Watch all the recordings from the Oracle Cloud ERP Virtual Summit.

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