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Bridging Expectations With Spreadsheet Server for Oracle Cloud

The way forward for Finance might be summed up in a single phrase: cloud. There isn’t a doubt the previous couple of years have introduced a major shift in how enterprises suppose 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 connect 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 couple of years. With many firms having needed to study to shut their books remotely, an expectation hole has materialised. This hole is finest outlined as what firms consider its cloud-based ERP can do versus what it might truly do. That is very true on the subject of native monetary reporting.

In a current survey carried out by insightsoftware, practically 40% of finance professionals anticipated quicker reporting and 30% anticipated improved automated studies when migrating to a cloud-based ERP. Sadly, these expectations aren’t being met and important reporting capabilities are being left behind.

The query stays, is that this expectation hole price delaying your finance workforce, who is probably going already struggling to maintain shifting 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 functions which have moved to the cloud with an “at all times accessible” mindset. Your expectation is that the core enterprise functions transfer to the net, main to higher velocity, reliability, and efficiency.

Nevertheless, your organization possible has legacy ERPs in place which have been constructed up over a few years. These legacy techniques straight go well with the wants of the enterprise as a result of they’re tailor-made and customised again and again. Once you management your ERP on-premise, you may have the flexibleness to increase, combine and modify it, not like a cloud-based ERP.

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

Closing the Hole

When shifting from Oracle EBS to Oracle Cloud, you’ll need to make 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 accessible 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 affords quick set up and implementation for brief time to worth​ and by connecting to 140+ knowledge sources.​ So you possibly can 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 knowledge. As soon as Spreadsheet Server has made its tight built-in into Oracle Cloud, your workforce will profit from close to real-time knowledge that may be up to date on demand or mechanically sync as much as each quarter-hour.
  • Versatile, Finance-owned reporting. A single software to do all of it with no IT help required​. You’ll be capable to take a look at historic knowledge on Oracle EBS and evaluate to that on Oracle Cloud.
  • Reusable studies. Stories can mechanically roll ahead to the following accounting interval. With Spreadsheet Server, ​you’ll profit from simply having the ability to transfer key knowledge spherical report back to report.
  • Seamless Excel integration. You gained’t lose performance on the Oracle Cloud when utilizing Spreadsheet Server for reporting. ​
  • Improved drill-down for deeper evaluation. You’ll be capable to use a number of hierarchy’s and drill-down to studies and simply discover issues likes abstract balances to a element, and also you’ll be capable to journal to sub ledger knowledge.
  • Quick, straightforward set up with no BI undertaking. Spreadsheet Server might be instrumental in your transfer to Oracle Cloud as a result of it might validate the info. You don’t must be in manufacturing within the cloud to see its advantages.

Though it isn’t doable so that you can utterly shut the expectation hole when shifting from on-premise to cloud, Spreadsheet Server works as a wonderful companion to Oracle Cloud. Providing deep, versatile evaluation to sort out sudden change with confidence, you and your workforce will be capable to finest ready for the brand new period or distant work forward.

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