Sunday Jun 21, 2015

From Tea 'n' Cakes to Tablets: Oracle ERP Cloud UX Bakes In Exceedingly Better Business*

Robots—software, really—continue to revolutionize enterprise finance departments. Automation is replacing traditional financial roles and transforming others, offering even more innovative opportunities in the enterprise.

Accounts payable clerks, accounts receivable specialists, inventory control admins, and more enterprise positions, are being automated completely, freeing up headcount for new roles to deliver more business effectiveness. The Oracle Applications Cloud user experience (UX) strategy reflects these kinds of trends and innovates accordingly.

And yet, the birth of such financial innovation was in the least likely, most un-sci-fi place, you might imagine: the teashops of post-World War II Great Britain. In 1951, British catering giant J Lyons & Co. kick-started ERP as we now know it by introducing the first enterprise computer: LEO (Lyons Electronic Office).

Computing was not new, of course. What was innovative was how Lyons used it in business. Starting with the replacement of dull, repetitive tasks performed by clerks collecting and entering data, LEO went on to manage the Lyons payroll, the catering supply chain, and more.

LEO led the world in business computing at the time, and gave rise to today’s systems engineering. And all because of a dream of one day being able to add up the receipts for Lyons's iced buns in the teashops of Great Britain.

Enterprise Resource Planning (ERP) user experience (UX) is no longer just icing on the cake. It's central to user happiness and business productivity, satisfying that ever-ravenous appetite for consumer-like apps in the enterprise. UX is now that must-have item on the menu of enterprise cloud software adoption.

David Haimes glances across the Oracle ERP Cloud

Number-munching: David Haimes glances across the Oracle ERP Cloud UX over the best of Oracle HQ catering.

I chatted with David Haimes (@dhaimes), Senior Director of Oracle Applications Product Development and all-things Financials Cloud UX champ, about financial departments moving from cupcakes to computers and now to the cloud.

Over the best of Oracle HQ Building 300 bakery cakes, David explained:

“That mundane, day-to-day work of calculations has been transformed by enterprise software. Now finance departments do things automatically, faster, and with fewer errors. Oracle ERP Cloud enhances daily activities, enabling departments to analyze data for profit, revenue, and cash flow insights for business planning and financial forecasting, and to manage by exception.

For example, with the Oracle ERP Cloud visualizations of financial data, finance departments can easily spot trends and opportunities to run the business better. At a glance, a department can see those outliers and exceptions that may be threats and deal with them before they become real problems.”

What's going on here? Glance at Oracle ERP Cloud and the Finance Department's questions are answered

What's going on here? At a glance, period close, revenue, expenses, and more questions are answered for the finance department using Oracle ERP Cloud.

David demonstrated how the Oracle ERP Cloud user experience enables higher-value finance department activities using the Glance, Scan, Commit design philosophy. At a glance, from one page an analyst can see what’s going on with a company’s finances, what needs attention, and then scan for more detail and commit to act on it easily, if necessary.

Oracle ERP Cloud user experience is no amuse-bouche, but the main course for CIOs and decision makers, saving their businesses time and labor costs. With the median number of full-time financial employees falling in big companies by about 40% since 2004, there are now about 70 finance people needed for every $1 billion of revenue, according to consultants, the Hackett Group. It's all about ROI. Oracle ERP Cloud serves up a great recipe for user satisfaction (key ingredients: zero training, talent attraction, and retention) too. 

Oracle ERP Cloud watchface

Oracle ERP Cloud watchface on Android Wear smartwatch. With financial data in the cloud, the glance design philosophy enables finance departments to work seamlessly across devices.

We’ve already busted that myth that financial departments are far from social, and now another stereotypical view of accountancy is up-ended. Emerging financial roles have become sexy, the analysts required for today’s financial departments are hot talent demanding higher remuneration.

This is one sweet story about Oracle Cloud ERP and an awesome baked-in UX: automating the routine; enabling a eminently more interesting world of work for real people previously dismissed as being disinterested in such things; delivering benefits across the entire business; and being easily customized to suit any business taste.

Now, who wouldn’t want a slice of that action?

Time for Tea?

David Haimes takes the time to glance at Oracle ERP Cloud

Take some time to explore the Oracle ERP Cloud user experience more with our online resources.

Find out more about the Oracle Applications Cloud User Experience and Oracle ERP Cloud on YouTube and the Oracle VOX blog.

And, watch out for some tasty ERP Cloud sessions at Oracle OpenWorld 2015.

David Haimes blogs on the Oracle Intercompany Financials Blog.

* With apologies to Mr. K

Tuesday Feb 11, 2014

How to Chat Up an Accountant Safely: Social Networking in the Finance Department

Seems that baby boomers are now Instagram-ing, WhatsApp-ing and SnapChat-ing just like younger Digital Natives do. How widespread those apps are in the enterprise is another matter, but it’s a reminder never to make assumptions about apps users. Yet, certain job titles do sometimes conjure up a mental picture of how we think some people actually work.

Mention “accountant”, and you might visualize a gray picture of quiet, introspective types, heads down in books and spreadsheets, papers flying, calculators working overtime, phones to their ears begging cash from customers and wiring funds to suppliers, while accounting for all the money. Not terribly social, then? The polar opposite of those freewheeling “Mad Men” sales rep CRM types, out meeting and greeting, getting their message across to make that sale, perhaps? In fact, the finance department is a hive of social activity.

Accountants: Does the image we have reflect the reality?

Accountants. “Life in the fast lane” is contextual. But social activity in the finance department happens at a pace few other jobs experience. And they use applications too… 

I spoke with David Haimes, Senior Director in Oracle Financials Applications, about the social side of the finance department. David understands the reality of his applications users. “Their most critical time is the 5-10 days after period close when everything has to be closed out and reported”, David told me. “There’s a huge amount of effort and social interaction going on”.

During the close process, David said teams need to exchange information and make decisions as quickly as possible and still satisfy business and legal requirements. Accounting teams were early adopters and heavy users of instant messaging, email distribution lists (with Microsoft Excel spreadsheet attachments), wikis, file sharing workspaces, and of course, the old fashioned telephone. But these tools were external to the financial application and data. The user experience was disjointed. Who works well in a silo? And, there was no audit trail. David has seen accounting teams copying and pasting emails into documents and attaching them to meet that audit requirement.

“The finance department has to make sure everything is correct and legal,” David said. “They’re reporting not just to internal management, but to Wall Street, to tax authorities, and to other legislative bodies. And, since the Sarbanes-Oxley act, CEOs are legally responsible for the correctness of the accounts,” David reminded me. That’s pressure.

Things are even more hectic when you consider the nature of the enterprise financial department today, with its distributed team members with shared service centers offshore and everyone working in different countries and time zones. Everyone needs to communicate and collaborate efficiently, yet securely and transparently.

That’s where Oracle Social Network is a financial department win.  

  • Oracle Social Network conversations are tied to business objects and transactions, enabling finance teams to easily share and collaborate in a role-based way.  
  • Oracle Social Network conversations are auditable (which is “usually the first question I’m asked,” says David).  
  • Oracle Social Network conversations are searchable
  • Oracle Social Network is secure, with users with the right permissions working together on information stored in an Oracle database.  
  • Oracle Social Network is integrated with Oracle Financials applications, so the user experience is  streamlined.

“[Oracle Social Network] is a game changer in the finance department,” says David, not just for the closing period but also for daily financial activity. And, Oracle Social Network is available as a cloud service, with iOS and Android mobile apps versions too.

Financials close process using Oracle Social Network

A close process conversation using Oracle Social Network integrated with Oracle Fusion Financials—an enterprise social user experience for the finance department that’s secure and efficient.

With the Oracle Social Network user experience in the finance department, Oracle also satisfies today’s workforce that expects social networking tools to be as much a part of their work lives as their personal lives. Said David: “Younger users are already familiar with how social networking sites work and how they’re easy to use, and that’s the sort of user experience we need to reflect. It’s demanded.”

Having a social networking application as part of the job makes hiring and onboarding easier too, offering benefits right across the enterprise. And it’s not only Digital Natives or Millennials who easily take to integrated social networking in work. Even senior users now see the benefits.

Socializing the finance department with Oracle technology is an example of how a great user experience can engage workers, accelerate performance and efficiency, deliver productivity for business while meeting the consumer technology demands of end users, and satisfy the requirements of stakeholder user groups such as other departments, auditing and security teams, tax authorities, reporting agencies, shareholders, and so on.

Read more about socializing the finance department on the Oracle Applications blog and David’s blog (a bookmark must) too. And, check out what the Oracle Social Network Cloud Service now offers and how it benefits your users and business.


Welcome to the Usable Apps in the Cloud blog.

Learn more about us at
Usable Apps


« October 2015