Blog

July 27, 2015

How Centralized Financial Data Management Impacts Business

It's no stretch to describe forecasting as an activity that is rife with complexities and challenges. And while its predictive analytics can never be 100 percent infallible, forecasting is still a necessary step in informing investors, planning resources and projecting revenue. For Aegis Sciences Corporation, forecasting based on incoming information from 50 departments using spreadsheets had become a huge strain on the staff's time. In continuation of our presenting real businesses leveraging Oracle's finance platforms, this post will demonstrate how the issue was addressed and solved.

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July 23, 2015

Why Your Software License Management Is Never Up to Date

If you've heard anyone describe the software asset management process as "simple," that person is making an understatement. Unless you are a company of one, you probably don't have a true, accurate idea of whether you are in compliance with your software asset licenses. And even then, when was the last time you read the fine print of every single update that was sent your way? Are you positive that you're operating in compliance with your assets?

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July 21, 2015

Finance Transformation in the Age of the Enterprise

Mobile technology and the advent of cloud technology has changed the face of business. While IT has often been the first to capitalize on this change, other departments are following suit. The enterprise is becoming a single well-oiled machine, no longer siloed due to disparate processes and software platforms. In order to keep up with the evolving business world, a modernizing finance department has to update its people and processes to embrace the many offerings of cloud technology.

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July 17, 2015

How the Cloud Can Reduce the Planning Cycle from Months to Weeks

The need to shorten the planning and reporting cycle among finance departments is a constant struggle for many organizations. United Community Bank Inc. was no stranger to this issue. In continuation of our presenting real businesses leveraging Oracle's finance platforms, this post will delve into how its staff solved it.

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July 15, 2015

Disproving the Risks of Cloud Computing

If you've come to the conclusion that your business isn't functioning as effectively as possible, but you have some hesitancies regarding moving to the cloud, you're not alone. When cloud technology was initially introduced, a slew of publications were quick to point out what they considered to be potential risks. Now that the technology has been out on the market for some time, the truth of the cloud has emerged, and it contains little of the initial concerns.

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July 13, 2015

Planning Inventory Needs With ServiceNow Asset Management

Becoming compliant  with software asset management is a complicated process that can take months to complete—only to require repetition soon thereafter. Licenses are always being renewed, updates are always being approved and employees are always moving documents to mobile devices.

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July 9, 2015

Capturing Data with Oracle Planning and Budgeting Cloud Service

We've already lauded the applications and structure of the Oracle Planning and Budgeting Cloud Service, which enables businesses of all sizes to move planning across the enterprise and empowers all departments to work within the cloud. And while we could go on and on, we know that sometimes it's best to hear from an organization like you that has already implemented the platform and is using it to its advantage. This month, we'll be sharing the stories of four business who have used the cloud to help them grow confidently.

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July 7, 2015

Software Asset Management Training for IT Managers

When it comes to training your staff on software asset management and compliance, the truth is you can only go so far. By leaving this to the experts, you can save yourself considerable money in audit-response costs and unforeseen fines. However, when you're making decisions regarding license renewals and streamlining software usage across the enterprise, you still have to keep the principles of asset management in mind. In this post, we'll review some of the steps you can take to help get you on the right track.

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July 1, 2015

Honing Your IT Governance, Risk and Compliance Monitoring

An article in Information Week's Dark Reading site claims, "According to governance, risk and compliance experts, there are a multitude of likely places where enterprises can uncover added value from the compliance investments they've already made." Chances are you've taken steps to monitor GRC, but how do you determine whether your system is working? If it's not working, what do you adjust? In order to ease the headaches associated with ever-evolving compliance regulations and risks, the secret is in automation.

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June 29, 2015

The Evolution of Business-IT Alignment

A trend has been picking up among the business world in stating that "business-IT alignment" has become an archaic term. If you dig deeper, however, you'll quickly see that this is not because the two departments no longer align. In fact, it's because the two departments are becoming integrated, and it is now old-fashioned to consider IT anything other than heavily connected to business decisions and processes.

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