Organizations go to great lengths to implement enterprise resource planning (ERP) systems like Oracle, SAP and PeopleSoft for good reasons. These systems support data centralization and eliminate islands of information caused by software applications that don’t communicate. Despite their overall benefits, many users find ERP systems rigid and difficult to adapt to certain workflows and business processes.
Business Intelligence (BI) projects can be lengthy, complex, costly and even risky. One of the top reasons such initiatives fail, according to a recent Business Intelligence Solutions Review, is user acceptance, because even the best analytics solutions still require skills some users don’t have.
It’s no secret that many finance users find standard ERP reporting tools difficult to use. Because of the complexity of data structures in systems like SAP and Oracle, these users often find themselves dependent on IT or consulting resources to create reports ― or waiting on lengthy downloads of static information from a warehouse to where it’s formatted and analyzed, which is usually in Microsoft Excel.
Each year as we attend COLLABORATE, the annual Oracle Applications Users Group conference, we anticipate checking the reporting pain scale of this large group and advising on how to alleviate the aches. Our team also appreciates the opportunity to attend sessions and hear what’s coming from Oracle so we can respond to any new offerings that might simplify or complicate reporting or other processes like budgeting and journal loading.
“Business has continued to be more interested in thinking, in general, than any other sector of society. The explanation for this is because there is a reality test. There is a bottom line. There are sales figures and profit figures. There are results.”
– Edward de Bono; Maltese physician, psychologist, author and consultant