Posts Tagged ‘Oracle Cloud’

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 […]

Oracle Big Data Cloud Service is a PaaS subscription model with a pre-configured Oracle Big Data environment. This includes a complete installation of the Cloudera Distribution including Apache Hadoop (CDH) and Apache Spark. When we talk about Big Data we are often talking about massive volumes of unstructured or semi-structured data such as web logs, […]

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 […]

Internet of Things (IoT) provides a huge opportunity to gather valuable data about your products, your business processes, and your customers by analyzing IoT data at scale and enriching it with other business intelligence so that you can drive new services and improve customer satisfaction. Internet of Things connects everyday objects to each other and […]

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 […]

In this second post, of a two-part blog post highlighting the Q&A session of a recent Perficient webinar, Orthofix Improves its Financial Close and Consolidations with Oracle Cloud (ARCS & FCCS), we learn a little bit more about the Orthofix environment and implementation. Can you automate the load of GL data into Account Reconciliation Cloud […]

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 […]

Perficient is proud to be a sponsor at Collaborate 17, which is being held April 2-6 in Las Vegas. It’s an opportunity for the Oracle user community to come together to share and learn through sessions, panels and networking events. We are honored to have been invited to present on six unique topics across multiple tracks at Collaborate and […]

Recently I led a comprehensive analysis and POC for lift and shift of on-premises 11g to Oracle BI Cloud Service (BICS). The lift and shift approach is gaining popularity as it offers a hybrid BI Cloud without having to worry about data security and recreating metadata in the cloud. BICS can leverage the on-premises repository […]

It’s well known that many organizations invest a tremendous amount of time and energy preparing the annual operating plan. Mature finance organizations have moved beyond the annual plan to more useful monthly forecasts, rolling plans, and predictive analysis. Regardless of frequency, the budget and forecast cycle is often beset with the same issues: Errors manipulating […]

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. […]