Oracle

What do you get when you combine three major conferences Modern Finance Experience, Modern Supply Chain Experience and Oracle HCM World into a single event? Three days of visionary keynotes, conference sessions, theater sessions, demos, networking receptions and more with an estimated 6,000 colleagues with like interests! Perficient is proud to be a silver sponsor of […]

According to Gartner, Augmented Analytics Is the future of Data and Analytics – the next disruption in Analytics and Business Intelligence. It’s the capability of automating insights using machine learning and natural-language generation. If we look back over the last two decades, there are three different waves in the Analytics and Business Intelligence space. Analytics […]

Editor’s Note: This guest blog post comes courtesy of Gail Cole with Avalara. Will incentives for voluntary sales tax collection go the way of the dodo bird?  To encourage voluntarily collection, some states provide perks to remote retailers that volunteer to collect and remit sales tax. Are such incentives still needed now that states have been granted the […]

Elimination process in FCCS  The consolidation process in FCCS includes elimination of intercompany balances, which will occur when intercompany entities meet at the first common parent within the Entity hierarchy. The elimination process use Entity, Intercompany, Account, Data Source, and Consolidation Dimensions. In addition, an intercompany “Balancing Account” or Plug Account must be created to […]

Part 3 of 3 Part Series FCCS IFRS 16 journal generator This is the third and final blog in this series reviewing Oracle’s Financial Consolidation and Close Cloud (FCCS) with their IFRS 16 solution for lease reporting and management.  All screen shots are from an Oracle provided demo. In Part 1, we reviewed the benefits […]

Perficient is proud to be an OAUG Star Partner and exhibitor at Collaborate 19, which is being held April 7-11 in San Antonio, TX. Did you know that Collaborate is where the Oracle user community comes together to share and learn through 1200+ education sessions, panels and networking events? We are honored to have been […]

Part 2 of 3 Part Series FCCS IFRS 16 schedules This is the second blog in a three part series reviewing Oracle’s Financial Consolidation and Close Cloud (FCCS) with their IFRS 16 solution for lease reporting and management.  All screen shots included in this blog post are from an Oracle provided demo.  In Part 1, […]

Our team has been partnering with Oracle on running Oracle Analytics Cloud (OAC) Workshops all across North America. To date we have partnered in running more than 10 workshops, the most recent one was held yesterday in Houston, TX. We had a record number of attendees, more than double the capacity we had planned for. […]

It is always a good idea to lock data after completing period end-processing tasks. In HFM, we create the status grid that we use to lock or unlock data for the period and entity hierarchy intersections. The procedure to lock data in FCCS is different as follows: In Manage Approvals we need to make sure […]

Part 1 of 3 Part Series If your company is still struggling to find a reporting solution to manage leases, you are not alone. As of January 1, 2019 IFRS 16 is the international accounting standard for lease reporting replacing IAS 17.  Companies following IFRS requirements should have already implemented a solution to ensure reporting […]

For anyone that deals with sales and use tax, this is the most important presentation to attend this year. It’s time to get prepared for the major tax changes taking effect across the United States. Our partner, Avalara, is bringing in U.S. tax policy expert and former executive director of the Streamlined Sales Tax Governing […]

Perficient’s Life Sciences practice regularly monitors the software release notes for several Oracle Health Sciences applications, including: Argus Safety Oracle Clinical/Remote Data Capture (OC/RDC) Thesaurus Management System (TMS) Generally speaking, we review release notes at the beginning of each month for the previous month. On occasion, there are no new releases and, therefore, nothing to review; however, […]