Oracle

Traditional data warehouse solutions were originally developed out of necessity. In order to run the business, every company uses enterprise resource planning (ERP) and CRM applications to manage back-office functions like finance, accounts payable, accounts receivable, general ledger, and supply chain, as well as front-office functions like sales, service, and call center. The data captured […]

Not every organization starts its big data journey from the same place. Some have robust business intelligence functions and capabilities, while others are doing great things with Excel. However, in order to drive efficiencies, support expected future growth and to continue its evolution to a data-driven company, most organizations are reviewing their current suite of software […]

Editor’s Note: This guest blog post comes courtesy of Gail Cole with Avalara. It’s often assumed that services aren’t subject to sales tax, because in many states they aren’t. But more and more states are taxing services these days, in a trend that’s likely to continue. There’s a good reason for that. Americans now spend less on tangible […]

The Period End Close Challenge As an EBS consultant for the last 20 years, one of the hardest parts of my job has been explaining the period end process. The reconciliation reports, roll forwards, the disparate screens, lack of consistency across the modules. Don’t get me started on inventory, with its archaic requirement to close […]

One of the most frequently asked questions by our customers is the roadmap to deploying a Big Data Platform and becoming a truly data-driven enterprise. Although the roadmap is different from customer to customer, at a high level, I would break it down into three phases: Phase – 1 Building the Foundation Just as you […]

Pricing Highlights Pricing in the cloud has significantly changed from the Oracle E-business Advanced Pricing. During my initial OM Cloud implementation, I quickly realized elements such as qualifiers and pricing attributes no longer exist to derive the list price for a sales order. Pricing in Oracle Order Management Cloud is mainly driven by pricing strategy […]

Interested to get a closer look how the University of Texas MD Anderson Cancer Center transformed a traditional annual operating budget process to a more forward-looking driver-based rolling forecast process? Meet us at Oracle OpenWorld on Oct 22nd – 25th, for our session “Implementing Driver-Based Rolling Forecasts at MD Anderson“. The client faced a unique challenge […]

Editor’s Note: This guest blog post comes courtesy of Gail Cole with Avalara. When the Supreme Court of the United States ruled that a business’s “economic and virtual contacts” with a state could enable that state to tax the business’s sales, it opened the floodgates for change. What does this mean for ecommerce businesses that sell into multiple […]

Update: As of the September update from Oracle, it’s been decided to postpone these updates until sometime in 2019. However, we still advise Oracle Planning & Budgeting Cloud customers to follow the recommendations outlined in this post.     If you are like me and read the updates listed in the What’s New document released […]

There is always very much confusion surrounding the topic of currency translation in Oracle Hyperion Financial Management (HFM). I will focus here on one of its more challenging aspects – translation of equity/capital accounts, aka historical translation. I will be arguing that: “Override accounts”, the traditional design for historical translations, is not the best fit […]

Editor’s Note: This guest blog post comes courtesy of Gail Cole with Avalara. Despite having the best intentions, businesses sometimes make mistakes when it comes to filing sales tax. They may apply the wrong rate to a sale, treat a taxable transaction as exempt, or file a return late — or not at all. No matter what the […]

Editor’s Note: This guest blog post comes courtesy of Gail Cole with Avalara. Since there’s something inexplicably festive about not having to pay sales tax on normally taxable purchases, sales tax holidays are aptly named. For consumers, these events are all about savings. For retailers, they’re about a whole lot more. Sales tax compliance is always complicated, especially […]