EPM Makes ERP Better

Posted by Steve Berry

Dec 6, 2018 12:21:32 PM

EPM should drive ERP because: a) EPM is much faster to implement, and b) because EPM lets you know what you don’t know so you can implement ERP correctly.

Read More

Topics: Cloud EPM, Cloud ERP, Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM)

Leverage the Cloud for Regulatory Compliance

Posted by Steve Berry

Oct 12, 2018 5:28:48 PM

Do-it-yourself might not be the best way to comply with regulations like the Sarbanes-Oxley Act (SOX) — not when you can use an environment already tested and approved.

Read More

Topics: Managed Services, Risk and Compliance, Finance Best Practices, Managed Application Services (MAH)

Get Stakeholders on Your Side in EPM Projects

Posted by Adib Khartabil

Aug 27, 2018 8:00:00 AM

The most important part of any EPM project is getting great stakeholder support — because getting great enterprise performance is the job of everyone who works there.

Read More

Topics: Implementation or Upgrade, Finance Best Practices, Enterprise Performance Management (EPM)

How Excel drives the need for Oracle PBCS

Posted by Steve Berry

Aug 13, 2018 8:00:00 AM

One reason EPM sales were $4.7 billion in 2016 and are predicted to grow at a CAGR of almost 12% from 2008 to 2025 is that Excel can’t give companies what they need.

Read More

Topics: Oracle PBCS, Excel

Interactive Data Reporting: A Model for Smart Financial Management

Posted by Steve Berry

Jul 24, 2018 8:45:00 AM

Over 40 years ago, Saudi Oil Minister Sheikh Yamani was quoted for this insightful thought on global development: “The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.”The world economy now turns on something more valuable than petroleum: DATA. Unlike oil, data isn’t in jeopardy of depleting. Over the last 20 years, enterprises of all types have faced an ever-growing wave of data growth – with many just trying to stay ahead of that wave by capturing and storing it. The idea of actually making use of it has been an evolving challenge. This blog post explores the evolution of interactive data reporting and modeling.

Read More

Topics: Consolidation and Close, Budgeting and Forecasting, Finance Best Practices, Finance Operations

5 Ways to Improve Your Month End Close Process

Posted by Adib Khartabil

Jul 18, 2018 1:50:00 PM

The three legs to the stool: People, Process and Tools. This is borrowed from ITIL* (What is ITIL?) and is a set of detailed practices for IT service management (ITSM) that focuses on aligning activities with the needs of business, or in this case improving your month end close process. These practices can be applied to any activity by

Read More

Topics: Consolidation and Close, Financial Reporting, Finance Best Practices

An Out-of-the-Box Consolidation and Close Process

Posted by Steve Berry

Jul 12, 2018 10:42:00 AM

Compared to Excel-based manual processes, Oracle Financial Consolidation and Close Cloud Service (Oracle FCCS) dramatically reduces the time and effort needed to do a financial close. 

At Strafford we like to think of the Oracle Financial Consolidation and Close Cloud Service (FCCS) as an out-of-the-box consolidation and close process. That’s because, unlike

Read More

Topics: Consolidation and Close, Oracle FCCS, Finance Operations

Oracle FCCS Q2 2018 Updates – See What’s New

Posted by Pam Gazley

Jun 28, 2018 11:39:16 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 Q2 2018 Oracle FCCS Updates.

Read More

Topics: Consolidation and Close, Financial Reporting, Oracle FCCS, Oracle Products

Oracle PBCS Q2 2018 Updates – See What’s New

Posted by Pam Gazley

Jun 28, 2018 11:15:56 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 Q2 2018 Oracle PBCS product announcements.

Read More

Topics: Budgeting and Forecasting, Hyperion Planning, Oracle PBCS, Oracle Products

Think of Oracle EPBCS as Excel's "EPM Edition"

Posted by Steve Berry

Jun 27, 2018 10:45:42 AM

Read More

Topics: Budgeting and Forecasting, Oracle PBCS, Enterprise Performance Management (EPM), Oracle Products