Posts Tagged ‘ERP’

Modern B2B customers have come to expect the same level of service, transparency, and customer service that they receive as consumers in their personal lives. But delivering that kind of experience requires a comprehensive approach to supply chain management, from technology investments to extensive data management integration. Perficient Digital’s order management experts, Pawan Gupta and […]

Perficient is proud to be an exhibitor at Oracle OpenWorld, which is being held September 16-19 in San Francisco. Visit us at booth #401 to connect with subject matter experts and thought leaders and learn how we’ve leveraged our extensive expertise in Enterprise Performance Management (EPM), Enterprise Resource Planning (ERP), and Business Intelligence and Analytics (BI), […]

The question that is often asked is: Can we leverage the same security we already have in Oracle Fusion SaaS (which includes users, duties, roles and security policies) to secure data in Oracle Analytics Cloud (OAC – an Oracle PaaS)? The answer is Yes. To understand better how this is possible, keep reading. This blog […]

When managing business processes, Enterprise Resource Planning (ERP) software is second to none. Suppliers and manufacturers can continuously update financial resources across business units while managing data efficiently. However, most companies don’t realize that when it comes to order fulfillment, ERPs fall flat. They fail to maintain inventory visibility internally, and lack the capability to provide […]

Technology investment is an essential component of most strategic growth and operational efficiency initiatives. Technology comes in two parts. There’s the front-end technology that customers experience. There’s also the back-end technology that other stakeholders (i.e., agents, brokers, underwriters) leverage, enabling the company to effectively facilitate relationship-building. But equally important is technology that sits in corporate […]

I love Microsoft. Between their powerful technology and comprehensive support, I’m never left wanting for functionality or help. But with a legacy of great products as large as theirs—which includes upgrades, updates, and versions of most of their platforms and packages—it’s easy even for hardened Microsoft veterans to get lost in the verbiage and name […]

The biggest objection we hear from clients considering a move to the cloud, especially for ERP, is financial. Specifically, the hit to operating expense on a recurring basis is too much to take and that they would like to keep their on-premises solution because the licenses and a significant amount of the initial implementation costs […]

In my previous blog posts (Part 1 and Part 2), I reviewed the steps to configure the system, so it will read the bank transaction codes. Now I will review the import and upload process, which is the final step in manually loading your bank statements. The process is very simple because it is similar […]

Now that you know where you need to add transaction codes in your Fusion instance, you must now make sure you classify them appropriately. In case you don’t already know, Oracle reads bank statements at both the header and line level, so you must add the codes to the proper mapping groups in the Manage […]

Throughout my career as a consultant, I have run into several clients that want to manually load their bank statements into Oracle. Since the implementation of electronic uploads can be time-consuming as well as out of the budget for some, there is a way around this. Loading bank statements manually can be done in the […]

Closing the General Ledger is the final step in the period close process. Now that we have reviewed the close process for the Financials subledgers (see previous blogs), you will now see how it all comes together in the ledger. Steps that are not included in this review are those involving the Procurement and Project […]

When closing Cash Management, the steps can slightly vary depending on whether or not your business has automatic or manual bank statements and reconciliations. The overall process is as follows for either process being used: Load bank statements as your business process requires, whether this be manual or automatically from your bank. Reconcile the statements. […]