When manpower is what your business is about like Transguard Group, you truly understand the value your employees bring and the need to efficiently leverage their skills. A diversified provider of manpower, security, cash and integrated services, Transguard looks to empower its workforce of 55,000 with the right tools to do their jobs. Although Transguard uses the powerful Oracle E-Business Suite, financial reporting from the complex ERP system was holding back the commercial finance team from performing valuable business analysis.
“May you live in interesting times.” This ironic expression accurately conjures the current turbulent political atmosphere, both in Europe and the United States. For example, the process of Brexit has only just begun, and its consequences are just now becoming apparent. This turbulence is felt not only in our personal lives, but also in the corporate world where companies need fast, accurate business data to adapt as best as possible to the consequences of political outcomes.
At Collaborate17, we heard about a number of exciting improvements to PeopleSoft from the Quest International Users Group that are gaining traction with users. Collaborate demonstrated Oracle’s continued commitment to improving the PeopleSoft user experience in terms of functionality and delivery as we describe here, but there remains room for improvement in the reporting realm where the nVision tool falls short in its overall usability.
At our visit to Collaborate this year, the annual Oracle Applications Users Group and Quest Conference, we gathered great intel on what’s in the pipeline for Oracle E-Business Suite (EBS) and PeopleSoft users. Collaborate17 demonstrated Oracle’s commitment to supporting past EBS and PeopleSoft versions, while also making it easier to step up to the Cloud and better analyze Big Data. With both platforms, however, gaps remain in easy reporting offerings. In this blog, we’ll take a look at some of the developments we saw at Collaborate for EBS, while our next blog will explore PeopleSoft enhancements.
Even when organizations have business intelligence (BI) solutions and ERP reporting tools like those from SAP or Oracle E-Business Suite (EBS), they often turn to Microsoft Excel for reporting and analysis because it’s easy and flexible.
As 2016 comes to an end and the books close on December 31, accountants and financial analysts know what’s on the menu first for 2017: the annual year-end closing period and audit. Whether your company is public or private, the year-end closing process can be stressful, lengthy and downright messy, especially if the wrong information systems are at the table.
Last week, we made our tenth consecutive trip to San Francisco for Oracle OpenWorld, the world’s largest conference for Oracle customers and technologists. The event, which has ballooned in attendance from 50 in 1982 to 50,000 in recent years, was once again a great opportunity to learn about forthcoming Oracle technologies, as well as the challenges and needs of Oracle users.
As of June 2017, Oracle will no longer offer even extended support for Discoverer, which is reflected in our survey findings where 64 percent of respondents said they were planning to migrate away from the reporting tool within the next year.