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Time to #ReInventFinance
In 2019, we discussed the idea of Finance Business Partnering, highlighting the growing trend of finance needing to actively collaborate with the broader business function to truly drive the business. The onset of the pandemic in 2020 put the importance of Finance Business partnering and xP&A directly into the spotlight. Now, more than ever, the need of integrated
Value Creation with Intelligent Process Automations for Finance
Cost reductions and process efficiencies are at the forefront of organizational goals, especially for the finance function. Given that labour is likely a company’s biggest expense, it is no surprise that more and more companies have adopted automation and agile methodologies to allow their employees to focus on more strategic tasks. One such form of
Oracle EPM Cloud – August 2021 Update
Each month, Oracle EPM Cloud releases a list of updates to each of the products in the EPM Cloud Suite. The patches are first deployed to Development environments (occurred on August 6th) and two weeks later to Production environments (August 20th after 22:00 UTC). Below are some of the highlights of changes made to your
Data Integrity and EPM
As data operations have expanded and grown more complex, risk of disasters and outages has increased and this can cause significant downtime to your company’s operations, often resulting in a large potential loss of revenue. However, downtime is not the only potential consequence of security breaches. CPM/EPM software have been developed to meet the needs
Hyperion Shared Services 11.1.2.4.104 is Available
The following Patch Set Update (PSU) has been released for Hyperion Shared Services 11.1.2.4.x and is available from the My Oracle Support | Patches & Updates section. Hyperion Shared Services PSU 11.1.2.4.104 Patch 33028338 The Readme file describes all of the requirements and instructions for applying this patch. Please review in its entirety. About this
Hyperion Financial Close Management and Tax Governance 11.1.2.4.256 is Available
Hyperion Financial Close Management and Tax Governance PSU 11.1.2.4.256 Patch 32842799 11.1.2.4.256 PSU for Financial Close Management and Tax Governance are the same patch but have different readme steps. NOTE: If you have Tax Governance and Financial Close Management installed on same environment, please follow the readme steps from FCM 11.1.2.4.256 instead. NOTE: If you
Oracle EPM Cloud – July 2021 Update
Each month, Oracle EPM Cloud releases a list of updates to each of the products in the EPM Cloud Suite. The patches are first deployed to Development environments (occurred on July 2nd) and two weeks later to Production environments (July 16th after 22:00 UTC). Below are some of the highlights of changes made to your
Inspiring Intelligent Finance: The Rise of XP&A
With Gartner[1] projecting that, by 2024, 70% of all new FP&A projects will have an extended scope beyond the Finance department, FP&A teams are buzzing with excitement. Why? Well, along with the bold statement on the future of FP&A, Gartner has also reinforced what many of FP&A leaders already know to be true. Finance’s role
OneStream Earns 100% Recommendation Score in BARC Planning Survey 2021
If you’re in Corporate Finance, you likely found your planning and analysis processes being stressed and challenged this past year. Perhaps you were driven into increased rounds of forecasting due to COVID-19. Or maybe the Suez Canal being blocked by a large container ship left your team scrambling to adjust forecasts. As a result, like
The Back Story of Financial Analysis in Government
If government finance is about anything, it is about data. Often vast amounts of data. Data that is received (from source systems such as ERPs or other agencies), data that is processed (such as budget formulation, allocations, and projections), and data that goes out the door (data to other agencies and reports to the pubic).