Operations

In regard to the example I gave of AR transactions not functioning in last week’s blog, there is a simple fix. This is not something that my team discovered on Oracle Support or through Google, but it’s something that was discovered when looking at roles. The AR roles on the role template for the “Receivables […]

The intent of this document is provide the reader with a fundamental understanding of Oracle Loans, enriched with lessons learned from actual implementations.  Matt Makowsky is an Oracle Financial Applications Consultant with 17 years experience and a Senior Solutions Architect with Perficient.   Oracle’s EBS Financials offerings include many “niche” products that are not considered “Core” […]

Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center, Inc., a legacy Oracle Hyperion Planning customer, needed to refine its finance and labor planning models, as well as provide end users a platform that was simpler and more intuitive to use, and that provided a real-time look into their budgeted bottom line throughout the […]

Turning subledger transactions into subledger journal entries is easy in the Subledger Accounting section of Oracle Cloud R11.  Users can generate accounting for legal and corporate reporting, and reconcile accounting using predefined functionalities. Users can define custom formulas and use subledger accounting rule definitions from the Manage Formulas Payables page found under Setup and Maintenance. […]

It’s no secret that customer satisfaction scores go up when customers consistently get what they want. When they have unanswered questions about your products and services, they’re not likely to become your biggest cheerleaders. And, chances are that if your prospects find themselves with questions that can’t be answered, they’re not going to convert. We […]

A while back, I wrote a blog post that shared ways in which the financial services industry can leverage social tools to win over existing customers, cultivate new ones, and become more efficient in their business operations. One example was how Barclays created a new product called Barclaycard Ring, which gives cardmembers the opportunity to […]

Your company decided to use a new checking account for AP payments.  Now, the new bank account needs to be added to Oracle Cloud ERP.  Where to start? Over the upcoming weeks, I will be writing about the system configurations required for adding bank accounts for use in Accounts Payable Payments in Oracle Cloud ERP. […]

When setting up data access sets (DAS) and business units (BU) in the Financials module Functional Setup Manager (FSM), the name used for each can affect performance more than one may realize. Not only is the name chosen for each important for users to be able to identify which BU or DAS to use for […]

Recently at a customer site we saw the following issue with a user trying to run a FR report. The user was unable to run a report or connect to Smart view via an Essbase connection. However, the user could enter data using planning web forms. The user was getting the following error, “Cannot open […]

A new quarterly Cybersecurity Market Report was published by Cybersecurity Ventures, projecting $1 trillion will be spent on cybersecurity between 2017 and 2021. According to Steve Morgan, founder and editor-in-chief of Cybersecurity Ventures, the increase in cybercrime, such as ransomware and malware, and the large number of digital devices being rapidly deployed by organizations and […]

Dennis K. Berman, financial editor of The Wall Street Journal, asked one of the simplest, yet greatest questions anyone could ask an executive at a major financial institution. During WSJ’s CFO Network conference, he asked Bank of America Chairman and CEO Brian Moynihan the following: “If you were building a bank today from scratch, what […]

A second part of the Receivables work area deals with Accounts Receivable.  Users can easily take action on pending items or drill down to more details activities by quickly glancing at one or more of the four infotiles available: Receipt Batches, Lockbox Exceptions, Unapplied Receipts and Unapplied Credits. The first infotile allows users to see […]