Whether or not your purpose is to leverage the latest know-how or to remain updated along with your Oracle ERP, migrating to the cloud is a fancy, however worthwhile endeavor. It requires time to put in, prepare, and embed new processes, however the effort is rewarded by the power to leverage extra agile workflows and improve ROI.
Though many corporations run their very own on-premise servers to take care of IT infrastructure, 48% of organizations already retailer knowledge on the general public cloud. For those who’re seeking to migrate, the excellent news is it received’t require you to reinvent the wheel. Right here, we focus on the highest 5 questions to think about earlier than transferring to Oracle ERP Cloud.
1. Will you be capable to you entry your cloud knowledge within the format you want?
Earlier than transferring to the cloud, it’s very important to make sure that the data you safeguard is in alignment. When your organization homes knowledge in several types of packages and stories, it’s inevitable that there can be variations in the best way it’s introduced.
Earlier than you make the transfer, be sure that your knowledge seems in a constant format. For instance, in your Excel stories, be certain your columns seem in the identical order throughout the board, as in “identify, tackle, metropolis, state.” Once you make your transfer to the cloud, this lets you seek for and entry vital info extra simply.
Another choice is to make use of know-how that may interpret knowledge in several codecs. Bringing info into a knowledge warehouse might require you to mix supply techniques that aren’t utilizing knowledge in the identical format. For instance, maybe the dates are recorded in a ‘dd/mm/yyyy’ format. Software program like Angles for Oracle doesn’t require you to vary the hundreds of rows of knowledge your organization shops. As an alternative, it mechanically interprets current info by permitting you to merge knowledge from a number of situations of Oracle ERPs, Salesforce, and different instruments into one central location for reporting and analytics.
2. What number of processes depend on knowledge dumps into spreadsheets?
Most of Oracle’s suite of reporting and evaluation instruments originated from its legacy on-premise software program. Which means they arrive with all of the sophistication that these instruments developed over time. Though you’ll be able to export knowledge immediately from Oracle and right into a static spreadsheet, it requires quite a lot of technical experience, or heavy reliance on IT departments, when it comes time to change or create customized stories.
For the finance crew, Oracle’s current out-of-the-box reporting capabilities is usually a complicated mixture of instruments, methods, and capabilities. Deciding on the best instrument for a selected activity may be daunting, particularly when many are made for IT and different departments, requiring detailed information of a number of reporting instruments.
Adopting a instrument that works intrinsically with Oracle Cloud ERP is good for guaranteeing a clean transition to the cloud. Software program like Spreadsheet Server which is constructed particularly for finance, accounting, and IT professionals, leverages Excel’s acquainted interface to offer you refreshable, drillable stories that don’t require you to grasp Oracle’s row and column units in FSG.
Put together Your Monetary Reporting for a Clean Transition to Oracle ERP Cloud
3. Will your cloud vendor allow you to join any extra instruments you require?
In keeping with Productiv knowledge, the common firm has a formidable 254 SaaS apps – and enterprises have 364. When what you are promoting contends with so many various transferring components, adopting an answer that works seamlessly with a number of instruments saves time whereas offering much-needed consistency.
Oracle offers native reporting like Oracle’s OTBI instrument, nevertheless it solely works with Oracle Cloud Apps. It can’t report in opposition to another knowledge sources. Because of this, the software program is unable to offer an entire image of your monetary and operational knowledge.
Nonetheless, software program like Spreadsheet Server works seamlessly with different instruments. Leveraging the ability of Excel, you’ll be able to simply study knowledge from a number of platforms, together with GL and non-GL knowledge.
4. How will you reconcile that your knowledge has efficiently moved to the cloud?
When migrating to the cloud, it’s important to make sure you efficiently and precisely copy current knowledge throughout. To complicate issues additional, Oracle customers usually convert to the cloud in a hybrid state. Some divisions and knowledge are moved to the cloud, for instance the finance division, whereas others, resembling provide chain and HR, stay on-premises.
Backing up knowledge is essential earlier than migration. Hold servers and data retrievable in case of setbacks guarantee a extra seamless transition.
As soon as the migration takes place, prioritize testing and high quality assurance to ensure you haven’t missed a element. Throughout the testing section, verify whether or not your info has made an entire and correct transfer.
5. In case you are contemplating a partial migration, how will you entry your legacy knowledge sooner or later if wants come up?
Partial migration to the cloud comes with the added complication of getting latest info saved within the cloud whereas legacy info stays on-premises. When historical past repeats itself, you want quick entry to historic knowledge, which might take effort and time to extract from a separate system.
Angles for Oracle from insightsoftware present a cloud knowledge warehouse, eradicating the necessity so that you can import legacy knowledge from one other system. Angles provides a central level to entry and analyze info saved throughout a number of places.
insightsoftware works hand-in-hand with Oracle ERP Cloud to bolster your monetary and accounting posture. By transferring to the cloud and taking insightsoftware with you, not solely are you including the benefits of a single supply of fact in your knowledge, however you’re additionally automating very important reporting and analytics. This manner, you don’t must miss a beat on monetary reporting whereas changing to the cloud, decreasing the load in your already overtaxed IT departments.