[ad_1]
Odds are good that your crew already is aware of that Wands for Oracle places finance groups in command of their very own reporting. Providing purpose-built software program that deeply integrates with Oracle E-Enterprise Suite in Excel, Wands provides you fast entry to the real-time knowledge you want, while you want it, with out counting on IT or resorting to handbook knowledge dumps.
Nevertheless, as finance’s company reporting obligations proceed to develop, so too does its expertise wants. EY’s latest International Company Reporting Survey highlights that communication of ESG efficiency is placing vital strain on the finance leaders chargeable for its preparation. Of the roughly 1000 CFOs surveyed, over 70% of them thought that scrutiny of efficiency in opposition to ESG objectives has accelerated lately.
What was the largest problem for these CFOs in creating helpful and efficient ESG reporting? You bought it – the disconnect between ESG reporting and mainstream monetary info.
Looping operational knowledge into the combination provides pressures to integrating that knowledge along with your monetary knowledge. With out deep insights into your group’s operations, you lack a transparent understanding of company-wide efficiency and knowledge evaluation to form your future. Future-facing organizations require a purpose-built software to attach their evaluation to the proper knowledge.
What Wants Are Going Unmet?
Wands for Oracle handles your crew’s monetary reporting wants, however it’s important for them to have higher consciousness and a stronger understanding of all actions that influence the GL. Missing the power to establish and look at the underlying root causes behind the problems in monetary studies (e.g., low income), your finance crew doesn’t have the data they should effectively talk with the required purposeful leaders. Your crew want to have the ability to analysis and autonomously resolve the problems at hand.
Creating the actionable insights what you are promoting wants to reply to unstable market circumstances and outpace your competitors is often a posh course of that falls upon IT. Customized studies or dashboards are requested by enterprise leaders, and finally delivered by groups of knowledge analysts from the IT crew or a accomplice. This course of can typically take weeks, if not months, and in lots of instances, the report or dashboard is proscribed to a single use case and relevant solely to a single enterprise unit or consumer – maybe solely the requester.
Obstacles you may face embody:
- Gradual handbook course of & complexities: A lot effort is concerned in creating operational studies. Regardless of these efforts, some non-financial customers could be underwhelmed by lackluster outcomes (pivot tables, spreadsheets). With out an skilled developer readily available to assist them create or replace a report with the proper question, non-technical customers are left manually dumping knowledge into spreadsheets for reporting. Even then, these cumbersome studies lack depth and suppleness, as a result of extra performance requires deep technical data of Oracle EBS.
- Excel-based studies aren’t the reply for everybody within the group: Spreadsheets will be the darling of finance groups, however not all enterprise customers choose this format for consuming studies. The chief crew and wider group need to perceive the complete story behind the numbers. Spending hours formatting in Excel isn’t sustainable and results in pointless dangers and delays.
- Too tough & rigid: Oracle knowledge fashions are advanced and tough to combine with different ERPs, BI instruments, and cloud knowledge warehouses. Modifications made to the information mannequin will typically require technical help together with, however not restricted to, a pressured reboot of related functions.
- Restricted evaluation: Producing evaluation outdoors of a pre-defined report usually requires sending a ticket to IT. That is compounded when transactions are unfold throughout a number of tables and when drilldowns to transactional knowledge are sluggish and handbook. Customers have to go out and in of particular person studies to get particular knowledge they’re searching for.
An Acute Want for Angles
For Oracle EBS customers, Wands and Angles for Oracle convey insightsoftware’s ERPsmarts to your operational reporting course of. With Angles you possibly can discover all of your firm knowledge, not simply what’s within the finance modules, with a software that gives you real-time entry inside a business-rich context to all of your group’s EBS knowledge.
Angles for Oracle delivers a context-aware, process-rich enterprise knowledge mannequin, a library of 1,800 pre-built, no-code enterprise studies, and a high-performance course of analytics engine for Oracle Enterprise Purposes, together with E-Enterprise Suite and Oracle Cloud Purposes (OCA)/Oracle ERP Cloud. This built-in answer helps you unlock your enterprise knowledge and acquire actionable insights to behave with decisiveness in an unsure and shortly altering world.
Hit the bottom operating with a complete library of extensible, interactive enterprise views. Give your crew a head begin with pre-built content material packs particularly designed on your ERP, masking frequent monetary, HR, provide chain, and different operational reporting wants.
Present an easy-to-use, self-service interface to create studies or dashboards for what you are promoting customers. Carry out searches utilizing on a regular basis enterprise language fairly than extremely technical question languages like SQL. Supply leads to Excel or the BI software of alternative for the group with out an in-depth data of the enterprise knowledge mannequin.
Handle and report on knowledge from single or a number of Oracle ERPs (whether or not on-prem, cloud, or hybrid) and combine with hottest BI instruments. Angles will interpret Oracle knowledge to be used in different functions and can even reply appropriately to modifications made within the underlying Oracle knowledge mannequin with want for IT intervention.
With enterprise views tailor-made to your distinctive utility atmosphere, Angles for Oracle delivers the quickest time to solutions of any operational/analytical BI answer available in the market. Rework the important knowledge in your Oracle ERP functions into actionable insights and provides the facility of operational evaluation to the individuals who want it most—what you are promoting customers.
Optimize Entry to Oracle ERP Knowledge for Clever Operational Insights
Obtain Now:
[ad_2]