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Bridging Expectations With Spreadsheet Server for Oracle Cloud

The way forward for Finance may be summed up in a single phrase: cloud. There isn’t any doubt the previous few years have introduced a big shift in how enterprises assume and use the cloud – the pandemic accelerating these cloud migration initiatives. From working remotely to digital finance and dynamic provide chain administration, firms are turning to the cloud to navigate disruption and hook up with all people of their ecosystem.

The Expectation Hole

Seemingly you’ve been affected by the unprecedented shift to home-based working throughout the previous few years. With many firms having needed to study to shut their books remotely, an expectation hole has materialised. This hole is greatest outlined as what firms imagine its cloud-based ERP can do versus what it could possibly truly do. That is very true on the subject of native monetary reporting.

In a current survey carried out by insightsoftware, almost 40% of finance professionals anticipated quicker reporting and 30% anticipated improved automated experiences when migrating to a cloud-based ERP. Sadly, these expectations will not be being met and important reporting capabilities are being left behind.

The query stays, is that this expectation hole price delaying your finance crew, who is probably going already struggling to maintain transferring on this time of distant working and social distancing?

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The Hole Defined

When contemplating cloud-based migrations, you would possibly take into consideration different purposes which have moved to the cloud with an “at all times obtainable” mindset. Your expectation is that the core enterprise purposes transfer to the net, main to raised pace, reliability, and efficiency.

Nonetheless, your organization seemingly has legacy ERPs in place which were constructed up over a few years. These legacy programs straight go well with the wants of the enterprise as a result of they’re tailor-made and customised over and over. Whenever you management your ERP on-premise, you’ve got the flexibleness to increase, combine and modify it, in contrast to a cloud-based ERP.

Should you determine to maneuver your finance crew distant, accessing your on-premise ERP turns into extra complicated, requiring digital personal networks (VPNs) and ample bandwidth to make sure you and your crew keep as productive as doable. This complicated expertise can result in frustrations amongst your crew at a time if you find yourself centered on managing prices and shutting your books.

Closing the Hole

When transferring from Oracle EBS to Oracle Cloud, you’ll need to be certain your finish person functionality is the perfect it may be. insightsoftware has labored to just be sure you can have probably the most superior system obtainable on the cloud that measures as much as your earlier system.

Spreadsheet Server will assist together with your cloud migration by establishing a safe, near-live ERP connectivity and make the transition seamless. It gives quick set up and implementation for brief time to worth​ and by connecting to 140+ information sources.​ So you’ll be able to profit from Spreadsheet Server’s quick, versatile, Excel-based reporting for Oracle ERP Cloud.

With Spreadsheet Server for Oracle Cloud you’ll have:

  • Higher entry to information. As soon as Spreadsheet Server has made its tight built-in into Oracle Cloud, your crew will profit from close to real-time information that may be up to date on demand or mechanically sync as much as each quarter-hour.
  • Versatile, Finance-owned reporting. A single instrument to do all of it with no IT assist required​. You’ll be capable of take a look at historic information on Oracle EBS and evaluate to that on Oracle Cloud.
  • Reusable experiences. Studies can mechanically roll ahead to the following accounting interval. With Spreadsheet Server, ​you’ll profit from simply with the ability to transfer key information spherical report back to report.
  • Seamless Excel integration. You received’t lose performance on the Oracle Cloud when utilizing Spreadsheet Server for reporting. ​
  • Improved drill-down for deeper evaluation. You’ll be capable of use a number of hierarchy’s and drill-down to experiences and simply discover issues likes abstract balances to a element, and also you’ll be capable of journal to sub ledger information.
  • Quick, simple set up with no BI undertaking. Spreadsheet Server may be instrumental in your transfer to Oracle Cloud as a result of it could possibly validate the information. You don’t should be in manufacturing within the cloud to see its advantages.

Though it isn’t doable so that you can fully shut the expectation hole when transferring from on-premise to cloud, Spreadsheet Server works as a wonderful companion to Oracle Cloud. Providing deep, versatile evaluation to deal with surprising change with confidence, you and your crew will be capable of greatest ready for the brand new period or distant work forward.

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