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Oracle Oracle Fusion Financials: General

ECCU shares ups, downs of Oracle Fusion Financials migration | killexams.com existent Questions and Pass4sure dumps

The Evangelical Christian credit Union migrated from E-business Suite to Oracle Fusion Financials. It cleave costs but misplaced out on integration.

At Collaborate 16, Mary Furman, application manager for the Evangelical Christian credit score Union (ECCU), described the technique of migrating from on-premises Oracle E-company Suite economic purposes to Oracle Fusion Financials in the cloud. while the solid succeeded in slicing prices, there are soundless some things that Furman misses about running on premises.

"in case you flow to Fusion from E-business Suite, or not it's no longer an upgrade," Furman stated. "or not it's in reality a current implementation." Furman discovered that Fusion runs slowly and might absorb to three minutes to reload after an update. She spoke of, "or not it's entire the time gradual if you're used to E-business Suite with the server on premises." She described the circulation to cloud as an "adjustment." The researching curve for the safety system has been chiefly steep, she noted. "The security setup in E-enterprise Suite is awfully diverse in Fusion. i'm having some issue learning safety." youngsters, Furman stated, "every time anyone complains about Fusion, I hiss that we're saving a boatload of funds."

The circulation to the cloud was impressed by course of the exigency to reduce fees privilege through the economic recession of the early 2000s. The wake-up title came when ECCU had its first church foreclosures in forty years. "It looks relatively Dangerous to foreclose on a church," Furman noted.

The Brea, Calif.-based credit union, which works with 1,700 ministries and three,900 missionaries throughout 122 countries, begun downsizing. Oracle E-business Suite got here with lots of expenses, equivalent to licensing can charge, staff, pilot and the upkeep of the numerous customizations the ECCU essential. So, the corporation spent six months contemplating the deserves of the cloud earlier than finding out to accomplish the leap to Oracle Fusion functions. Furman entire started the implementation in February 2015 with a go-live date set for July 1, 2015. She was capable of set into outcome the challenge on time.

before its flow to the cloud, the ECCU used SQL Server and Oracle enterprise Intelligence Discoverer for reporting. The core banking utility changed into no longer an Oracle product but did Hurry on suitable of an Oracle database. Furman referred to that the ECCU reached its current configuration after going over 24 permutations of E-business Suite and Fusion, since the feel on conclusion clients, the typical integration of the gadget, the implementation time and the timing within the fiscal year. The top-quality condition, Furman pointed out, would had been to preserve or even augment the combination of the financials with HR and payroll. despite the fact, whereas this become feasible, it would possess taken greater time and funds than the ECCU was willing to allocate. The tooling required to preserve the integration would possess pushed the go-reside date returned to Jan. 1, 2016, in line with Furman.

if you chance to saunter to Fusion from E-business Suite, or not it's now not an upgrade. it's definitely a current implementation. Mary Furmanapplication supervisor, Evangelical Christian credit score Union

The existing configuration replaces the fiscal module of Oracle E-company Suite with Oracle Fusion Financials, whereas human substances and payroll remain on premises. Furman observed, "The downside is, we're now not built-in anymore." To reduce fees, the ECCU dropped the computerized syncing between banking and payroll and now enters the alterations with the aid of hand. while Furman hasn't given up on the haphazard of relocating payroll to the cloud, she mentioned "Fusion just wasn't rather capable for the payroll solution."

Furman and her crew additionally bumped into issues inevitable to economic associations. for example, Furman pointed out Oracle E-enterprise Suite immediately up to date the depreciation of the value of items enjoy paintings and laptops, however with the Oracle Fusion Financials, entire that guidance needs to exist entered through hand. The ECCU additionally needed to derive rid of the employ of corporate credit score cards as a result of loading charge onto them with Oracle Fusion Financials proved to exist difficult. Furman has furthermore had issues with updating data and he or she and her team possess switched to updating information only on an as-mandatory foundation.

youngsters, the implementation itself happened with shrimp difficulty, Furman referred to. "i was anticipating loads of cellphone calls, however there possess been no considerations. I felt enjoy the Maytag restoration man."


Can Oracle buy Its course to Win Over Amazon? | killexams.com existent Questions and Pass4sure dumps

Oracle (NYSE: ORCL) has had just a few tough quarters in the recent previous. Analysts are involved that it is taking longer than anticipated to carry on the cloud strategy. The lately announced outcomes seemed to dispel one of the most concerns as Oracle managed to surpass cloud-based mostly profits expectations.

Oracle’s Financials

salary for the 2nd quarter became flat over the 12 months, and recorded a 2% growth over the yr on steady alien money groundwork to $9.fifty six billion. The market become attempting to find revenues of $9.fifty four billion for the quarter. EPS of $0.eighty changed into forward of the market’s forecast of $0.seventy eight.

past this year, Oracle redefined its company segments and now not experiences revenues it generates from its Cloud infrastructure and platform features.

complete cloud capabilities and license succor revenues grew 3% over the yr to $6.sixty four billion, accounting for sixty nine% of its quarterly revenues. within the section, total cloud license and on-premise license fell 9% over the year to $1.22 billion. in keeping with Oracle, the Fusion ERP and Fusion HCM now account for greater than $2.6 billion in annualized revenues for the enterprise.

total hardware revenues pronounced a decline of 5% over the year to $891 million and services revenues fell 5% to $817 million.

during the quarter, Oracle repurchased 203 million shares worth $10 billion. It additionally declared a quarterly dividend of 19 cents per share.

For the existing quarter, Oracle expects to carry $0.86-$0.88 in revenue per share, in comparison with the road’s forecast of $0.85 per share. The endured boom in cloud-based mostly revenues is expected to drive the starting to exist margins. Oracle is focused on to conclusion the quarter with revenues turning out to exist between 2%-four% over the yr.

Oracle’s focal point area

Oracle currently is concentrated on supplying on its autonomous Database initiative. It currently launched the next-technology independent database, which is supported via laptop learning. it is pairing its independent Database with its current technology 2 Cloud infrastructure this is expected to assist power greater market participate for the company.

Oracle launched its first autonomous database in March this 12 months, leveraging it for weighty analytics and reporting. final quarter, it launched self sustaining Transaction Processing to manage transaction processing and question processing. each capabilities employ laptop studying within the database and in the underlying cloud infrastructure to aid with patching and tuning the database without human intervention. The most fulfilling purpose of the self sustaining characteristic is to lessen working expenses by course of decreasing tedious pilot administration, and to compel uptime improvements.

Oracle is convinced that the current database will augment its competitive dwelling in the cloud towards Amazon web capabilities. a number of benchmark studies possess revealed that the self reliant facts Warehouse Cloud does possess colossal efficiency merits over Amazon. as an example, a benchmark revealed that the Oracle database ran a workload eleven times faster and eight times more cost-effective than Amazon’s Aurora database.

It remains early days to observation on how smartly Oracle’s autonomous engine would power Oracle’s next round of growth. There is not any denying that corporations which might exist dedicated to Oracle as a result of their legacy applications, may furthermore soundless want to proceed to toil with Oracle. but recent stories bespeak that these agencies are shrinking, making it problematic for Oracle. Oracle will most likely want a revised strategy that can cater specially to the greater agile IT organizations of today. conclude you suppose the brand current products – such as the self reliant Database – are geared towards these markets? Will Oracle definitely exist able to compete with Amazon on the cloud?

also, conclude you believe Oracle would profit from acquisition of alternative avid gamers in the database space to add to its portfolio? How about MongoDB, whose addition may provide the NoSQL capabilities to Oracle? MongoDB is at present buying and selling at $85.55 with a market capitalization of $4.6 billion. It lately reported quarterly revenues of $fifty seven.5 million with a internet loss of $31.2 million and an adjusted web want of $0.forty five per share.

The inventory market seems cautious and would enjoy to view a few extra quarters before passing a verdict on the company’s potential. To pressure more self assurance in its cloud method, Oracle could furthermore improvement from the acquisition of some great players. Its rivals possess made some sizable cloud-based mostly acquisitions recently. as an example, Salesforce acquired MuleSoft for $6.5 billion, and Microsoft acquired GitHub. I actually possess mentioned this before, and i nevertheless accept as accurate with, that Oracle should soundless evaluate the acquisition of Workday or ServiceNow. Acquisitions of both of these organizations would add mighty cloud capabilities to Oracle’s portfolio. but these are each large, bold moves. Workday is at present trading at $152.06 with a market capitalization of $33 billion. It final suggested revenues of $743 million with a internet want of $153 million for the October ending quarter. ServiceNow is buying and selling at $169.ninety two with a market capitalization of $30.5 billion. It had ended its September quarter with $673 million in revenues and $eight.four million of internet salary.

in the meantime, Oracle’s stock is currently trading at $forty three.04 with a market capitalization of $154.50 billion. It touched a 52-week tall of $53.48 in March this yr. It has recovered from the fifty two-week low of $forty two.fifty seven that it had fallen to in June this year.

looking for Some palms-On information?

For entrepreneurs who wish to focus on their specific agencies with me, I’m very chuffed to examine your situation privilege through my free on-line 1Mby1M Roundtables, held nearly per week. that you can furthermore check out my LinkedIn discovering path here, my Lynda.com Bootstrapping path right here, and observe my writings here.

picture credit: can furthermore Wong/Flickr.com.


Oracle nabs BofA as current cloud consumer | killexams.com existent Questions and Pass4sure dumps

No result found, are attempting current key phrase!The Fusion fiscal application will Hurry at BofA’s vicinity however using Oracle’s workforce and hardware. ”We count on eighty p.c of their expertise workloads might exist delivered on the cloud in the next fe...

1Z0-408 Oracle Fusion Financials: general Ledger 2014

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1Z0-408 exam Dumps Source : Oracle Fusion Financials: general Ledger 2014

Test Code : 1Z0-408
Test title : Oracle Fusion Financials: general Ledger 2014
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: 76 existent Questions

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Oracle nabs BofA as current cloud customer | killexams.com existent questions and Pass4sure dumps

No result found, try current keyword!The Fusion fiscal software will Hurry at BofA’s location but using Oracle’s staff and hardware. ”We anticipate 80 percent of their technology workloads will exist delivered on the cloud within the next fe...

Intelligent Chaos Helps Northwestern University rate Oracle Excellence Award | killexams.com existent questions and Pass4sure dumps

(PRLEAP.COM) Tampa, Fla. – On November 13, 2007, Northwestern University will receive an Oracle Excellence award Oracle OpenWorld 2007 in San Francisco.

The award, co-sponsored by the Oracle Applications User Group (OAUG) and Quest International Users Group (Quest), recognizes organizations and their vendor partners for their success in extending the traffic value of their Oracle Applications with Oracle Fusion Middleware.

Thomas Kurian, Senior Vice President, Oracle Server Technologies announced in an Oracle press release, “The caliber of the nominees was quite remarkable and demonstrates the success organizations are having as a result of their employ of Oracle Applications with Oracle Fusion Middleware. They are pleased to recognize the recipients for their success in driving traffic value with their IT investments and furthermore want to congratulate entire of the Oracle partners who possess helped their customers with these successful implementations.”

For the award-winning project, knowing Chaos and Northwestern built a custom software solution, which offers a real-time integration between a custom J2EE front-end and Oracle’s PeopleSoft Enterprise Financials general Ledger module using Oracle Fusion Middleware. This enhancement will replace a paper-based process and is expected to exist distributed to approximately 1,000 users when it goes live alongside Northwestern’s implementation of PeopleSoft Enterprise Financials in September 2008.

“The Oracle Excellence Award recognizes their successful collaboration on Northwestern University’s project that brings the aptitude to meet their unique traffic needs, while reducing cost and risk.” said Elaine Myrback, President and CEO, EMS Consulting – knowing Chaos. “We are arrogant that their customer was recognized for knowing Chaos’ innovative solution. The Oracle Excellence Award is a momentous endorsement of the success of this project and will exist a valuable asset in helping us assist their clients in achieving even greater traffic success. "


Oracle fiscal Accounting Hub (FAH) | killexams.com existent questions and Pass4sure dumps

FAH has been the buzzword for a long time now, especially in the fiscal industry. It is a implement designed for non-Oracle Subledgers (third party), helping them leverage Oracle’s Subledger Accounting engine, and ultimately transferring their Journals to Oracle general Ledger. The Financials Accounting Hub uses accounting events that possess a fiscal impact to generate journals. The implement enables businesses to determine how the events should exist accounted, adapting to the existing framework. Here are some of the key features of FAH:

Accounting Engine

Be it for Oracle or non-Oracle, FAH acts as the accounting engine for any subledger — ultimately creating multiple adjusting journal entries, providing drill back from general Ledger (GL) to FAH, validating and transforming source data. Also, fully leveraging the GL setups (open or near period, COA structure, segment values, cross validation rules, calendar, functional currency, etc.) to ultimately provide the users with an efficient and compliant fiscal system.

Centralized & Audible Accounting System

The Oracle fiscal Accounting Hub (FAH) helps in creating a centralized, auditable accounting system for external and/or legacy systems. FAH has a configurable rules engine and user-defined repository to record definition and maintain accounting rules in one place.

Complete Data Analysis

What is the medium time you disburse on collecting and analyzing the data? The time taken to instantly discharge multidimensional analysis on your business’s operational data? conclude you possess an immediate access to your complete fiscal picture? These are some common questions that could bombard you quite often, but you can now preserve entire such worries aside gaining access to complete data analysis by FAH.

Fusion fiscal Reporting Center

This is a unique point of access to securely divide live and pre-published fiscal reports for self-service access. Users can now access any report that they are authorized to view with the tool’s aptitude to discharge multi-dimensional analysis and drill down from any of the live reports.

How It Works?

Oracle touchstone FAH provides linkage from GL to SLA Journals i.e., offering a touchstone drilldown that works from GL to SLA. The GL to SLA journal lines provides additional sub-ledger details enjoy Event Model, Supporting References, Identifiers and Descriptions.

These collected details are much useful, especially when businesses want to reconcile the transactions/records between GL and SLA. A custom solution can exist build that provides additional drilldown layer in FAH beyond SLA Journal and a custom form presenting the view of Transaction Object/Staging Table in FAH (the transaction data here is placed for FAH accounting entry generation.)

Features Of Fusion fiscal Reporting Center:

· general Accounting Dashboard

· Account Monitor

· Account Inspector

· Oracle Hyperion fiscal Reporting (FR) Studio

· Oracle Hyperion Smart View

Hope you enjoyed reading this post. conclude let me know your views and suggestions at -laxman.reddy@suneratech.com. You can furthermore view other related posts, Suneratech products and services details here http://www.suneratech.com/



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