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Rick is a well experienced CTO who can offer cloud computing strategies and services to reduce IT operational costs and thus improve the efficiency. He guest blogs at Oracle, IBM, HP, SAP, SAGE, Huawei, Commvault, Equinix, Cloudtech. Gordon Davey – Cloud Services Global Business Owner at SoftwareONE.
Example: IBM zSeries mainframes are often found in financial institutions and large enterprises. Proprietary Software Description: Software applications or platforms developed by a particular vendor may have become obsolete or unsupported over time. Example: An older version of Microsoft Dynamics CRM that Microsoft no longer supports.
Navigating the supplychain is a delicate process of overseeing and managing constantly moving and interconnecting parts. By making a plan with S&OP and executing it with S&OE, the two steps complement each other to streamline supplychain and business management.
In the domain of supplychain management, a body of best practices has emerged that enables this kind of analysis to assess the performance of internal processes, suppliers, and service providers. Here are the top 10 supplychain management KPIs that can help you run a more effective, efficient, and prosperous organization. #1.
Broadly defined, the supplychain management process (SCM) refers to the coordination of all activities amongst participants in the supplychain, such as sourcing and procurement of raw materials, manufacturing, distribution center coordination, and sales.
Embedded analytics are a set of capabilities that are tightly integrated into existing applications (like your CRM, ERP, financial systems, and/or information portals) that bring additional awareness, context, or analytic capability to support business decision-making. The Business Services group leads in the usage of analytics at 19.5
Traditional data analytics models often create bottlenecks, relying heavily on overextended IT departments to provide insights, which delays decision-making and limits agility. Adopting a self-service analytics approach with the right tools is the key to overcoming these challenges. This dependence limits efficiency and responsiveness.
Google’s cloud marketplace allows independent software vendors to benefit from pre-validated compliance measures that accelerate deployment in highly regulated industries, making it an appealing choice for application teams. This integration enables your application to efficiently analyze massive first- and third-party datasets.
Customer satisfaction and service quality are paramount in hospitality, making customer satisfaction (CSAT) scores and customer retention rates essential KPIs. This metric reflects pricing strategies, market demand, and the establishment’s perceived value of services.
Migrating from Oracle ERP to Oracle Cloud is a transformative journey that promises enhanced agility, scalability, and cost-effectiveness. Of the 13% of Oracle users who remain fully on-premises, half plan to migrate to the cloud within the next two years.
A recent KPMG report shows that 60% of leaders are gearing up to invest in cutting-edge digital technology to fortify their supplychain processes, elevate data synthesis, and amplify analysis capabilities. This isn’t a dream, it’s the power of clear, unified supplychain data.
By combining self-learning artificial intelligence with governed, secure, and vendor-agnostic frameworks, Logi AI sets the gold standard for BI tools. Vendor Lock-In Kills Innovation Todays leading LLMs might not reign tomorrow. Vendor Agnostic Framework Unlike locked-in solutions, Logi Symphony supports hot-swappable LLMs.
Since 2020, global supplychains have been especially problematic. Factory shutdowns, shipping bottlenecks, and shortages of raw materials have led to substantial uncertainty for businesses seeking to address the vicissitudes of supply-side availability. The “What” and “Why” of Demand Planning and Forecasting.
In companies that deal with physical products, there is generally a clear delineation between supplychain operations and sales functions. The latter is responsible for forecasting sales, then maximizing revenue and margins; the former must see to it that the supplychain operates as efficiently as possible.
Here are some of the ways in which our software can streamline your reporting process: Interface with other services. This CEO performance metric is commonly used by professional services and consulting firms to track how billable employees are. Every company dreads implementing new systems as it leads to downtime and overhead costs.
SAP BPC, built for success in the yesteryears, is complex and less self-reliant for today’s agile organisations. This includes databases like Microsoft SQL server, IBM DB2, etc., Therefore, you can scale with agility and simplicity with JustPerform. Migrate With Agility and Control That’s not all!
As a cornerstone of modern data strategies, Trino, supported by Simba by insightsoftware drivers, helps enterprises extract actionable insights and stay competitive in todays data-driven landscape. Horizontal scaling with additional worker nodes supports expanding workloads to ensure speed or reliability.
According to our latest Finance Team Trends Report for Oracle some tasks, such as financial system maintenance (43%), management report generation (38%), or audit preparation/support (36%), are highly automated. Hubble empowers business users with self-service reporting in Excel, reducing the strain on IT and accelerating reporting cycles.
These indicators help assess how effectively the airline sells its services and maximises passenger income. For FP&A teams, CASK is essential as it guides cost control efforts, supports budgeting and forecasting activities, and enables strategic decision-making to optimise operational efficiency and profitability.
Our research shows that some tasks, such as financial system maintenance (43%), management report generation (38%), or audit preparation/support (36%), are highly automated amongst Oracle-driven teams, often using tools like Oracle Financial Reporting Studio. A significant portion of time is wasted with manual processes.
But the biggest hit to trust comes from the lack of agility. Epicor technical skills are in short supply and a no-or low-code reporting solution bypasses this limitation, allowing your team to autonomously generate value from your ERP data with self-service report creation.
Many are seeking leaner, more agile budgeting and planning options. Nevertheless, the world found itself in just such a situation in early 2020, and has experienced continued fallout as factory closures, labor shortages, shipping bottlenecks, and price volatility have dramatically impacted supplychains, production schedules, and margins.
Your organization has decided to make the leap to SAP S/4HANA Cloud Public Edition, a strategic choice that offers improved performance, advanced analytics, and more efficient support for your business operations. In fact, according to our recent study of SAP users, 76% of SAP-based finance teams felt over-reliant upon IT.
When accounts payable departments pay their bills accurately and on time, it maintains good relationships with external vendors which can lead to favorable payment terms and discounts. High invoice cycle time can make it difficult to make payments in time which will result in late payment penalties and strain on vendor relationships.
Because retail and food service businesses are uniquely positioned within the market landscape, the need for a reliable budgeting and planning process is crucial. In food service, menus are frequently decided by the season and what products are available. And retail isn’t the only industry impacted by the evolution of sales channels.
The Impact of Effective Business Intelligence and Analytics Business intelligence (BI) comes in many forms, each designed to meet different needsfrom self-service analytics for business users to deeply embedded solutions for application teams.
Legacy systems simply weren’t built for today’s demands, and they struggle to deliver the agility and real-time insights that modern tax compliance requires. For businesses leaning on legacy technology, these shifts could mean more audits, steeper penalties, and costly recalculations.
In mid- to late 2019, for example, no one expected that a year later, businesses would shut down, supplychains would be disrupted, and demand curves would undergo dramatic shifts across virtually every industry. questions, and building contingency plans to make their businesses more agile and responsive.
Unlike other vendors, JustPerform focuses on letting business users at all levels drive CPM activities, empowering them with an intuitive interface and industry best practices. It guides enterprises and organisations in business planning, consolidation, and performance monitoring.
To complicate matters further, developer support for Crystal Reports is being discontinued at the end of 2024. If you rely on IT or external consultants to make custom reporting changes – adding columns, adding data sources, and more – this causes delays that eat into the time you have available for analysis.
Here’s a look at the different transfer pricing methods these organizations can consider, as well as additional information to improve calculations that support this methodology. Resale-Minus The resale-minus method bases its pricing on the resale price of a product or asset sold to a thirdparty.
Weve seen incredible technological advancements that have produced business and financial reporting tools that streamline processes, create efficiencies, bridge skills gaps, and position organizations to react to an ever-increasing pace of market change with agility and confidence.
Predictive analytics is becoming more common across all business applications, like CRM, supplychain and marketing automation. But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends.
Deploy in weeks, not quarters Let your devs focus on your core productnot reinventing analytics Stay current with built-in innovations like AI insights and governed self-service Deliver a seamless, white-labeled experience your users will actually enjoy The result? Youre Not Too LateBut Youre Almost Out of Time.
Check out our webinar on self-service subledger reconciliations for a quick primer on when and how to best use self-service subledger reconciliations for your organization. Hubble Best Practices: Self Service Subledger Reconciliations Download Now Why Do We Need to Reconcile Accounts?
Enabling IT Efficiency: By automating schema generation and supporting Workday’s native query language (WQL), the drivers reduce the need for custom coding or manual intervention, freeing IT teams to focus on higher-value tasks. Secure by Design In today’s data-driven world, robust security isn’t optional—it’s essential.
Supplychain disruption, high inflation, and rising warehouse rental costs have increased operating costs. The sell-through rate (STR) is one of the best inventory KPIs for measuring the efficiency of your supplychain. Sometimes particular items experience a surge in demand or supplychain disruption.
To mitigate this challenge, consider embedding self-service analytics into your application. Follow these steps to measure the impact of current ad hoc requests and evaluate the potential benefit of a self-service solution: Track Request Frequency: Monitor how often custom reporting or data analysis requests are submitted.
The Deltek Marketplace provides partner solutions, business services, and integrations across the project lifecycle that allow project-based businesses to unlock potential, accelerate operations, and improve profitability. At their core, a project-based business provides services as they deliver the project.
The right solution will empower your finance team to shift from tedious data management to high-impact decision-making, driving agility, efficiency, and long-term success. Instead of focusing on forecasting and performance insights, you’re consumed by spreadsheet firefighting, stifling agility and slowing response times.
Whether organizations want to increase staff, tech investments, or both, its clear that scalable, agile solutions are needed to meet the office of finances ever-evolving needs. Close skills gaps with self-service. Connect to JD Edwards in real time.
Cash flows from operations (CFO), also known as operating cash flows, entails cash flows that occur directly from the normal course of your business, such as when you sell goods or services. Accounts payable represents the money your business owes to your vendors, service providers, or tax entities. Business Agility.
FSN: Agility in Financial Reporting & Consolidation. In a fast-changing environment in which reporting agility is crucial, 72% finance functions say that their reporting agility is affected or greatly affected by data errors and 60% say that these errors give rise to the risk of material misstatement. Access Resource.
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