Operations

Clients often ask the question: Is it better to use Oracle Hyperion Smart View or Financial Reporting? The short answer is, why not use both? By understanding both Smart View and Financial Reporting, you can present the same data and the same financial reports. However, each bring a unique set of capabilities to the user. […]

Now that April is here, I thought it would be neat to look back at what our readers found most interesting last month. Below are the top five blog posts Perficient’s life sciences practice wrote in March – they’re ranked in order of popularity, with number one being the most viewed piece. Oh My, Where Has The Time Gone? […]

Cost reduction remains a priority among financial institutions. Aside from re-negotiating contracts with vendors, consolidating IT applications is an ongoing trend in the industry. When speaking on the topic of expense reductions, Ralph W. Babb, chairman and CEO of Comerica, said, “We will enhance our technology capabilities, while reducing our overall spend by optimizing our […]

Results from the National Financial Capability Study (NFCS) were released in July, 2016 by the FINRA Investor Education Foundation (FINRA Foundation). The findings, which include data from more than 27,000 U.S. adults, reiterate the importance of providing people with financial education to help them better manage their money. According to an infographic that depicts the study’s results, “Absolute levels […]

I am often asked by clients to create reports that display alternating shaded rows. We’ve all been there, squinting away trying to view those tiny numbers crammed onto a single report. Too often we find ourselves relying upon a ruler to help follow the values across the row as the columns continue to grow across […]

SAML (Security Assertion Markup Language) is a XML-based open standard format to exchange authentication and authorization data between an identity provider (IdP) and a service provider (SP). A SAML-enabled web application allows browser single sign-on (SSO). We have had success implementing SSO for our clients with Active Directory Federation Services (ADFS) as the identity provider […]

A recent Perficient webinar, Orthofix Improves its Financial Close and Consolidations with Oracle Cloud (ARCS & FCCS), held a captive audience for a solid 20 minute Q&A session. In this two-part blog post, I’ll share the highlights of questions asked by attendees and answered by both Perficient and Orthofix. Why did you choose the Cloud […]

You sold organizational leadership on DevOps. You transitioned your employees into the DevOps model and now they are collaborating like never before. Now your organization is innovating like never before and going to market at a faster rate than the competition. While you may think that the buck stops here, you are still far from […]

Conversations with our clients have shed light on what’s taking place in their organizations and how they’re approaching their need to become more profitable. It’s evident that, for many, transformation initiatives are in development or already in place. These initiatives are not short-term plans, but rather ones that span many months or even years. Without […]

TIBCO Business Process Management What is Business Process Management – BPM ? Here we go with the definition of BPM in relating to our lifestyle. BPM can be defined as “workflow.” As an example, let’s consider a loan application or offer management in a bank. A customer wants to apply for a product such as a […]

In an Oracle Hyperion Financial Management (HFM) implementation, we always use the historical rate to translate the subsidiary’s equity. Historical rate means the actual exchange rate used when the transaction was consummated. For me, the most practical way of achieving this is by using equity overrides. This gives the client full control of the actual translated […]

Today at IBM Amplify 2017, an event at which companies across all industries gather to learn how cognitive technology is transforming customer engagement to make each customer feel recognized and special at every step of their journey, my colleague, Michael Porter, was fortunate to hear firsthand how one bank in particular is achieving such great […]