10 Reasons Why Your EPM Project Might Fail

Posted by Steve Berry

Apr 17, 2018 1:49:00 PM

EPM project failure hurts organizations two ways: first, by disrupting day-to-day business, and, second, by not delivering EPM’s promised benefits. Here’s how to avoid both risks.

There are many good reasons to implement enterprise project management (EPM). EPM lets you cherry pick the best investments, select the prime selling opportunities, reduce costs, and decrease time to market. But the downside of an unsuccessful EPM project is

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Topics: Cloud EPM, Implementation or Upgrade, Finance Best Practices

Oracle FDMEE Delivers Finance Efficiency - A Case Study

Posted by Pam Gazley

Apr 11, 2018 2:03:00 AM

When a hot North American oil and gas supplier, Parkland Fuel, needed to upgrade their outdated, manual SQL processes and setup their Hyperion Financial Management (HFM) solution, they turned to Strafford's Hyperion implementation and data quality management team to help improve finance efficiencies.

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Topics: Hyperion Enterprise, Hyperion Financial Management (HFM), Data Quality Management, Case Studies

Cloud EPM’s Unintended Benefits for Finance

Posted by Steve Berry

Apr 5, 2018 2:50:27 PM

Sure, moving to a cloud EPM solution should save money, make IT more efficient, and better synchronize cash flow with expenses. But the real benefit is better finance.

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Topics: Cloud Hosting, Cloud EPM, Risk and Compliance, Finance Best Practices

Oracle FCCS – What’s New: Quarterly Recap

Posted by Pam Gazley

Mar 27, 2018 11:57:33 AM

We are committed to keeping our Oracle clients updated on Oracle Cloud product features and enhancements. In case you missed it, here's a recap of the Q1 2018 Oracle FCCS product announcements.

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Topics: Consolidation and Close, Financial Reporting, Oracle FCCS

Oracle PBCS – What’s New: Quarterly Recap

Posted by Pam Gazley

Mar 23, 2018 1:47:00 PM

Oracle Product Announcements

We are committed to keeping our Oracle clients updated on Oracle Cloud product features and enhancements. In case you missed it, here's a recap of the Q1 2018 Oracle PBCS product announcements.

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Topics: Budgeting and Forecasting, Hyperion Planning, Oracle PBCS

How EPM Solutions Will Make You More Marketable

Posted by Steve Berry

Mar 22, 2018 8:26:53 AM

Cloud-based EPM solutions have changed the rules regarding how fintech professionals are judged against their peers. Now it’s all about business impact.

Like so many technologies, cloud-based enterprise performance management (EPM) is having a bifurcating effect on the careers of those finance managers and executives who decide to either embrace it or not. Those who embrace cloud-based EPM solutions are seeing new opportunities to advance in their careers because

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Topics: Cloud EPM, Finance and Technology Staffing

Should you use OpEx or CapEx for your EPM App Investment?

Posted by Deborah Jelley

Mar 15, 2018 9:22:00 AM

The recent passage of the 2017 Tax overhaul bill has brought this question back to the forefront for companies looking to invest in EPM solutions. We recommend that using Managed Application Hosting (MAH) in the cloud, which is funded, via operating expenses (OpEx) through a monthly subscription, is the right direction. Trying to develop and maintain an on premises EPM application, like Oracle’s Hyperion Planning and HFM, despite having faster write-down Capital Expense (CapEx) options available would cost more in

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Topics: Cloud Hosting, Cloud EPM, Managed Services, Finance Best Practices

10 Questions to Ask an Oracle EPM Cloud Provider

Posted by Steve Berry

Mar 7, 2018 9:17:28 AM

Given all the Oracle EPM Cloud providers you might partner with, developing a short list could seem like a daunting task. These 10 questions will speed things up considerably.

For almost any type provider, the selection process usually starts by asking the right questions to filter out less qualified candidates and save the time of qualifying them further. That’s certainly true when selecting the company that will implement and support

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Topics: Cloud Hosting, Cloud EPM, Managed Services

How SMBs Find EPM Implementation Happiness

Posted by Steve Berry

Mar 1, 2018 1:18:00 PM

If you are an SMB that’s put off implementing EPM because you think the task would just be too costly and overwhelming, you may actually be taking a big and unnecessary risk.  

When it comes to orchestrating successful enterprise performance management (EPM) implementations, small and mid-sized businesses (SMBs) face challenges that larger organizations don’t — like smaller budgets and smaller staffs. SMBs are more vulnerable to

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Topics: Cloud Hosting, Managed Services, Implementation or Upgrade

Oracle Cloud Predictions 2018

Posted by Pam Gazley

Feb 23, 2018 1:50:00 PM

Have you checked it out yet? It’s a must read! Oracle’s Cloud Predictions paper offers some great insight into the trends that they are seeing and how they may affect today’s business. As we talk to our vendors and clients, we’re getting questions associated with many of the predictions they’ve made. Strafford has had jumped feet first into doing what we can to migrate new and existing clients to the cloud and Oracle agrees, stating… “It’s no longer an option, it’s necessary.”

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Topics: Cloud Hosting, Shamless Marketing