In an effort to protect consumers from “deceptive or harmful products,” Google will begin banning ads for payday loans and related products from its ad platform, as of July 13, 2016. According to the company’s U.K. blog, the ban is for loans in which the borrower is required to repay the full amount within 60 […]
Operations
Corp Card Mapping – One of the Great New Features of R11 (Part 2)
One of the perks of implementing Release 11 for your Fusion Cloud instance includes all the great new features that come with the Oracle Internet Expenses application. Last week I discussed the innovative Mileage Tracker, and this week I would like to present to you the ability to map your corporate card to your OIE […]
R11 Fact #4: Payables…Invoices Work Area
From the Home Page, the user can access the Payables landing page and work areas to perform tasks and monitor activities. As you can see, there are three work areas under Payables: Invoices, Payables Dashboard and Payments. Today’s blog will be about the Invoices work area. The Invoices work area allows the user to manage […]
Replacing Jobs On Wall Street With Robots
There’s lots of talk about the effect that FinTech (or, at least the artificial intelligence (AI) and smart machines it’s producing) will have on jobs in the financial services industry. Here are a couple of examples. In a recent CFA Institute survey, respondents indicated that automated financial advice tools will have the largest impact on […]
Video Is On The Rise In Banking And Insurance
Efma, a global non-profit organization established in 1971 by banks and insurance companies to foster innovation and drive transformation, and Vidyo, a developer of video collaboration solutions, released a new report that shows there is strong interest in leveraging video among financial services institutions. According to the report, 10% of banks have already deployed a […]
Hospital Labor Productivity: Squeezing the Turnip?
Assembling the vast amounts of data in healthcare is both a technical and political challenge. I’ve worked at or with multiple hospitals where the finance and clinical teams never really collaborate and therefore the lens put on either domain is not terribly realistic. Truly merging and using the data requires organizational transparency and a commitment […]
13 Facts To Celebrate Genentech’s 40th Birthday
I came across an article that celebrated Genentech’s 40 years in business with a few fun facts and stories about the biotechnology pioneer: Founded on April 7, 1976 The name Genentech stems from GENetic ENgineering TECHnology The company was founded with a $1,000 investment in 1976 by Robert Swanson, a venture capitalist, and Herbert Boyer, […]
Mileage Tracker: One of the Greatest New Features in R11 (Part 1)
As with most software applications, new versions come out every few months or so. With Oracle being one of the top software application and platform service creators, they are going to update their software frequently in order to stay at the top. Currently, Fusion Cloud ERP is in the midst of releasing R11. This means […]
Fact #3 – R11 General Ledger: Great For A Laptop Or Mobile Device
I know I’ve already highlighted the new Infolets found in Oracle R11 in the past two blogs, but I’m going to do it again. I have to because they are the reason the General Ledger section of Release 11 rocks. Through the new pagination feature found on the Home Screen, R11 allows users to see […]
Transformation Can Be Difficult: Must I Eat My Peas?
We’ve all been in this situation where we’re being asked to do something that takes us out of our comfort zone. Whether you are being asked to volunteer to chair a committee at your child’s school, create a presentation on a topic you didn’t even know how to spell yesterday or deliver a speech in […]
The Effect Of Anonymous’ Operation Icarus On Financial Services
Anonymous, an international network of hackers, recently pledged to take on the financial services industry in a 30-day cyberattack campaign called “Operation Icarus,” more commonly referred to online as #OpIcarus. While the information about the group’s plan is somewhat spotty, various videos (purportedly, the group’s very own) and news articles indicate that the group is […]
Appian’s Journey From Gartner’s Magic Quadrant To Life Sciences
The other day, I was on a business development call in which the Appian platform was discussed. Appian happens to be a “Leader” in Gartner’s 2015 Magic Quadrant for Intelligent Business Process Management Suites. Not too shabby. The presenter talked about Perficient’s successes with Appian in financial services and healthcare, but when I heard him […]