Two key themes that emerged from Larry Ellison’s Sunday night keynote at this year’s Oracle OpenWorld were faster processing speed and cheaper storage. An underlying purpose to these themes was to assert the importance of Oracle’s strategic vertical integration of hardware and software with the acquisitions of Sun. I try to view technology keynotes like this from the perspective of a practical business user. Advancements such of these are important because enhancing the performance and...
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Topics:
Big Data,
Customer Experience,
executive,
Business Analytics,
Data Management,
In-Memory Computing,
Information Management,
Business Performance Management (BPM),
Business Process Management,
Data,
Financial Performance Management (FPM),
IT Performance Management (ITPM),
FPM
Midsize businesses “pay” for their use of entry-level accounting systems by not having the essential information they need readily available and by using up valuable time that could be better spent generating business, finding issues or responding to opportunities sooner or simply enhancing the efficiency of the organization. Nevertheless, the transition from an entry-level accounting package such as QuickBooks to an on-premises system can be daunting for companies whose entry-level software no...
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Topics:
Customer Experience,
ERP,
Office of Finance,
end-to-end,
finance cloud,
Cloud Computing,
Business Performance Management (BPM),
Business Process Management,
CFO,
finance,
Financial Performance Management (FPM),
Sales Performance Management (SPM),
accounting software,
business process execution,
financial systems,
FPM
ERP systems not only collect information about transactions, they also automate processes. The latter includes managing the handoffs between roles and enabling electronic document creation and management associated with that. Indeed, it was the promise of improving process management and process execution that spurred companies to adopt ERP in the 1990s.
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Topics:
Customer Experience,
ERP,
Office of Finance,
Operational Performance Management (OPM),
end-to-end,
Business Performance Management (BPM),
Business Process Management,
CFO,
Financial Performance Management (FPM),
business process execution