Operations

When I grow up I want to be an accounts receivable specialist…said no child ever. If you would cruise through career day at any number of schools, you would be hard pressed to find any child who even remotely knew what the accounts receivable concept was. So how does someone go from: I want to […]

Wealth management firms, like many other financial services industry players, are under increased pressure to get ahead of the competition due to the increased availability of advanced analytics technology and regulatory pressure to effectively manage client portfolios. Data is rapidly becoming every company’s most valuable asset, creating a tremendous opportunity for firms that translate it […]

Capital planning is an integral part of an organization’s annual planning and forecasting process and a key module in Oracle Enterprise Planning and Budgeting Cloud Service (EPBCS). Capital planning considers the capacity of existing resources to support operations and the capital assets needed for expansion. The process flow is as follows: Existing Assets Recognize and […]

Maintaining key organization data in Excel spreadsheets is a surprisingly common business scenario that we encounter with regularity. One might think that in this day and age most business data would be managed in database driven applications. But often, due to a variety of reasons such as segmented business units, mergers and acquisitions, or rapid business […]

Labor-related expenses are often the largest variable expense on the P&L, and consequently labor planning deserves its own detailed module on the Enterprise Planning and Budgeting Cloud Service (EPBCS) platform. Oracle’s Workforce module addresses four facets of the labor planning process: 1. Compensation Planning Configurable framework for compensation and benefits Plan by employee, by job […]

Good day and welcome to my blog. Each and every company who has a customer base has a need for accounts receivable/collections personnel. For smaller companies, one person may wear many hats including the accounts receivable or collections department hat. For any business transaction that is not completed (paid) immediately, there is a follow-up process.

Customized IT solutions are exactly what they are – a specifically designed project where nothing comes out of the box. As our consultants have discovered with nearly two decades of work, nearly anything can happen anytime, anywhere. DevOps is one such example. Though it may seem simple and logical on the surface, successful initiatives require […]

Reputation Institute, a research and advisory firm that focuses on tackling and analyzing the reputation of companies worldwide, released its annual ranking of the most reputable U.S. banks. According to the report (and a basic understanding of human nature!), a company’s reputation has an effect on: Customers buying your products and services Policymakers and regulators […]

According to IDC, by 2019, 50% of manufacturing supply chains will have benefited from digital transformation, with the remainder held back by outdated business models or functional structures. Improving business processes is a top supply chain priority, especially in a digitally enabled world. If you’re looking to modernize your supply chain by making a move […]

SAFETY IS NOT A RESULT OF LUCK; IT COMES FROM PREPARATION A Contingency Plan is a designed plan which takes into account a number of possible future events or circumstances where a mitigation plan is the step to reduce adverse effects. That’s still not a clear message, is it? CAUTION IS THE PARENT OF SAFETY […]

We’re now well into the second half of 2017, with summer in full swing. As fast as the year has progressed, there’s still time to complete your innovation goals if you haven’t already. One goal of interest for many organizations is DevOps, an agile strategy focused on transforming organizational collaboration, communication, and go-to-market strategies. With […]

We’re now well into the second half of 2017, with summer in full swing. As fast as the year has progressed, there’s still time to complete your innovation goals if you haven’t already. One goal of interest for many organizations is DevOps, an agile strategy focused on transforming organizational collaboration, communication, and go-to-market strategies. With […]