Oracle OpenWorld 2016 My Cloud ERP Sessions

Where to find me and information on Cloud ERP, Accounting Hub and E-Business Suite at Oracle OpenWorld this month.

  • oow-logo-2015

    OpenWorld is this month, so time to start planning your agenda.  I’ll be presenting at a few different sessions this year with a focus on Financials Cloud (Part of the ERP Cloud) and E-Business Suite.

    I’m busy preparing for the first two sessions, hope to see you there.  Check out the content catalog for more details and to add them to your agenda.

    How Oracle E-Business Suite Customers Have Achieved Modern Reporting in the Cloud [CON7313]

    David Haimes, Senior Director, Financial Applciations Development, Oracle
    Sara Mannur, Financial Systems Analyst, Niagara Bottling
    This session discusses how to leverage powerful modern reporting tools with no disruption to your existing Oracle E-Business Suite implementation. You will learn the steps required to start using the cloud service. Customers who have implemented Oracle Fusion Accounting Hub Reporting Cloud Service share their implementation experiences and the business benefits they have realized.
    Conference Session
    Tuesday, Sep 20, 12:15 p.m. – 1:00 p.m. | Moscone West—3016

    Oracle ERP Cloud UX Extensibility: From Mystery to Magic [CON7312]

    David Haimes, Senior Director, Financial Applciations Development, Oracle
    Tim Dubois, Senior Director, Applications User Experience, Oracle
    The user experience (UX) design strategy of Oracle Enterprise Resource Planning Cloud (Oracle ERP Cloud)—including financials and product portfolio management—is about simplicity, mobility, and extensibility. Extensibility and admin personalization of Oracle ERP Cloud experiences include a range of tools, from a simplified approach for rebranding the applications, to match your company culture and image to page-level admin personalization and extension, to building your own simplified cloud application in platform as a service using the UX Rapid Development Kit (RDK). In this session, learn about RDK code samples, wireframing tools, and design patterns. Get a view into the RDK roadmap and where Oracle is going next. .
    Conference Session
    Thursday, Sep 22, 1:15 p.m. – 2:00 p.m. | Moscone West—3001

    Meet the Experts: Oracle Financials Cloud [MTE7784]

    Do not miss this opportunity to meet with Oracle Financials Cloud experts—the people who design and build the applications. In this session, you can have discussions regarding the Oracle Applications Cloud strategy and your specific business and IT strategy. The experts are available to discuss the value of the latest releases and share insights into the best path for your enterprise, so come ready with your questions.
    Meet the Experts Session
    Wednesday, Sep 21, 3:00 p.m. – 3:45 p.m. | Moscone West—3001A

Financial Apps Collaborate 16 Sessions

We’re just two days away from the start of Collaborate and there are so many session I want to get to, my focus is on Financial Applications both Cloud and E-Business Suite.  I already listed sessions where you can find me presenting, but here are ones I think will be interesting, I will attend as many as I can

Firstly two cloud customers(Alex Lee and Westmont Hotels) talking about their experiences implementing cloud financials.

Fusion Financials Implementation Customer Success Experience

Monday April 11th 12:45 PM–1:45 PM – South Seas J

Derrick Walters, Corporate Applications Manager at Alex Lee

How Westmont Hospitality Benefited by Leveraging Cloud ERP
3:15 PM–4:15 PMApr 11, 2016 – South Seas I
Sacha Agostini Oracle Functional Consultant at Vigilant Technologies, LLC.

Next some AGIS, Legal Entity and related topics on E-Business suite.  In these areas that have been out for some time, I generally learn something about innovative uses of the products.  Our partners and customers are very smart.

Intracompany, Intercompany, AGIS – Unraveling the Mysteries!
2:15 PM–3:15 PM Apr 10, 2016 – South Seas A
Bharati ManjeshwarMs at Highstreet IT Solutions, LLC

Master Data Series – Legal Entities From 11i thru Cloud
9:15 AM–10:15 AM Apr 12, 2016 – Breakers F
Thomas Simkiss Vice-President of Consulting at Denovo Ventures, LLC

Its Not too Late! How to Replace Your eBTax Solution After You Have Upgraded
10:30 AM–11:30 AM Apr 11, 2016 – South Seas I
Mr Andrew BohnetDirector ateBiz Answers Ltd

General Ledger and Financial Accounting Hub – A look at a Multi-National Structure
3:30 PM–4:30 PMApr 10, 2016 – Jasmine H
Bharati ManjeshwarMs at Highstreet IT Solutions, LLC

Finally, there are sessions called Power Hours, which are strangely two hours, but i really like the experience last year and based on the fact they are back i assume others did too.  they are not a traditional lecture format, they are more interactive and allow people to discuss their experiences and learn from each other.  If you have not tried one, I highly recommend them.  Here are a couple that jumped out at me
Power Hour – Coexistence – On Premise and Cloud Together and In Harmony
3:15 PM–5:30 PM Apr 11, 2016 – Mandalay Bay C
Mohan Iyer Practice Director at Jade Global, Inc.
Power Hour – eBTax Hacks – Your Questions Answered
9:15 AM–11:45 AM Apr 12, 2016 – Mandalay Bay C
Mr Andrew Bohnet Director at eBiz Answers Ltd
Alexander Fiteni President at Fiteni Enterprises Inc
Dev Singh Manager at KPMG LLP Canada
Power Hour – Master Data Structures in EBS and Cloud
12:45 PM–3:00 PM Apr 11, 2016 – Mandalay Bay C
Mohan Iyer Practice Director at Jade Global, Inc.

What is FAHRCS?

FAHRCS (pronounced farks) is the de facto acronym for the officially titled Accounting Hub Reporting Cloud Service.  It Stands for Fusion Accounting Hub Reporting Cloud Service, which is quite difficult to say.  I have got pretty good at saying F.A.H.R.C.S quickly, but I think “farks” is probably the easiest.

If you are wondering what FAHRCS actually is, you can follow @FAHRCS on twitter, or check out https://cloud.oracle.com/en_US/accounting-hub-reporting-cloud for official documentation.

I’ll be presenting about it at the Higher Education User Group Conference, Alliance16 in March and again at OAUG Collaborate16 in April.  So I hope to see you there and help you learn more about FAHRCS.

Accounting Hub Reporting Cloud Service

So what is this new service and why was it such a big focus at Oracle OpenWorld this year? We take a quick look at the major benefits and features.

SunburstSo what is this new service and why was it such a big focus at Oracle OpenWorld this year?

  • It’s a very exciting opportunity to experience the powerful Financial Reporting innovations in our Cloud offerings without disruption to your existing ERP investments.
  • It’s a way to take advantage of the Simplified Financials Report Center, optimized for easy access to reports on your choice of mobile device
  • It includes the sunburst data visualization tool, which was my killer demo last week at OpenWorld (see screen shot)
  • It’s a way to move to cloud in an incremental manner, realizing business benefits quickly without disruption to your existing business processes and systems.
  • It has a companion EBusiness Suite feature (available on 12.1.3 and 12.2.4) that will push all your set up and GL Balances to your cloud service and generate reports automatically for you.  Giving you a zero configuration reporting solution for you EBS GL Balances data (watch out for more detailed posts on this soon)
  • It has web services to load General Ledger data from PeopleSoft, JDE Edwards or any other ERP system.
  • It’s a way to get your hands on the Oracle Social Network which is part of the platform our Cloud offerings are built on.

That’s a decent list to start with, but there are a few things that it isn’t which I should call out

  • It is not(yet) the Accounting Hub Integration Platform with all the rule based accounting transformations provided by Subledger Accounting Architecture (SLA)
  • It is not a new name designed to confuse you when we already have Financials Accounting Hub and Fusion Accounting Hub.

Look out for future posts going into more detail, or you can look at the cloud service page, which has important details such as pricing.

Fusion Accounting Hub is the talk of Las Vegas

As I was planning my agenda for the Collaborate 14 (#C14LV) conference next week, I noticed a lot of sessions on Fusion Accounting Hub.  In my earlier post defining Fusion Accounting Hub (FAH) I introduced this idea of a reporting platform, it is a compelling reporting and consolidation solution and as such is gaining a a lot of attention, particularly when Coexisting with Ebusiness Suite, Peoplesoft or JD Edwards ERP systems.

I will be presenting Monday at Collaborate on Fusion Accounting Hub coexisting with E business Suite R12 and how it was used to implement a global chart of accounts.  The multinational SIG has a series on reporting and there are several other sessions from various customers and partners on Fusion Accounting Hub and Coexistence.  I’m listing them below so you can plan accordingly, I will be at most of these, look forward to seeing you there too.

 Monday 7th April

 Reaping the Benefits of Coexistence Strategy With Fusion Accounting Hub: A Case Study

1:00 PM-2:00 PM

Session ID: 14480
Room: Level 3, Murano – 3201
Abstract: Oracle’s Fusion Application provides organizations with the option of next generation of enterprise applications which can optimize their business user experience and productivity. With Fusion Applications, organizations now also have a choice to coexist with their existing IT investments. This session will focus on the Fusion Application Coexistence strategy with the use of Fusion Accounting Hub and show case a few case studies of how fusion accounting hub was used to integrate EBS, PeopleSoft and JD Edwards.

  • Sujoy Hajra, Deloitte Consulting USA
  • Ganesh Bhoominathan, Deloitte Consulting USA
  • Rattan Singh, Deloitte Consulting USA

 E-Business Suite Coexistince With Fusion Accounting Hub and Implementing a Global Chart of Accounts

3:20 PM-4:20 PM

Session ID: 14977
Room: Level 1, Marco Polo – 805
Abstract: Hear how Oracle implemented Fusion Accounting Hub Coexisting with it’s R12 EBS Financials and transitioned to a new single Global Chart of Accounts in less than a year. You will learn the principles and process used to determine and reach agreement on the new chart of accounts as well as how the final result looks. In addition you will learn how over 100 ledgers are consolidated in Fusion Accounting Hub and the time to close reduced. We will discuss the best practice recommendations for Fusion Accounting Hub.

Tuesday April 8th

Fusion Financials Cloud & Fusion Accounting Hub

1:45 PM-2:45 PM

Session ID: 105810
Room: Level 3, Murano 3202
Abstract: Get up and running on Fusion Financials at the speed of Cloud using the Fusion Financials Implementation tools. Upload tools allow you to upload repetitive type entries directly from Excel to Fusion Financials Cloud, such as the chart of accounts. The Functional Setup Manager guides you through the essential steps to set up and configure your applications using the most common features and best practice considerations. Also discover how Oracle Fusion Accounting Hub address common problems such as integrating accounting from both Oracle and non-Oracle applications. All this will allow you to reap the benefits of Fusion on the Cloud or On Premise faster than ever before.

Making the Choice: E-Business Suite 12.1, 12.2 and/or Fusion

3:00 PM-4:00 PM

Session ID: 14953
Room: Sands, Level 1 – 307
Abstract: With the availability of E-Business Suite 12.1, 12.2, and Fusion, Oracle customers who are still on 11i have a whole host of choices to consider when migrating from their current 11i system. This presentation will outline both the benefits and risks in upgrading/implementing all three ERP systems and how you can develop a business case and migration strategy based on this knowledge. Fusion co-existence will also be discussed and considered within this roadmap.

Co-Existence Versus Replacement, the Future of Global Implementations, a Multi-National User Panel

4:15 PM-5:15 PM

Session ID: 14436
Room: Sands, Level 1 – 307
Abstract: We need to do better! Global ERP implementations rarely have provided the expected business benefits and never seem completed. We need more flexibility, nimbleness, and adaptability to change:prepare for co-existence of systems, not just replacement. At the same time we need to promote multi-country compliance solutions and parallel multi-country integration.Rigorous focus on data validation, global process standards, and minimizing applications diversity are other corner stones. We will have a spirited discussion.

 

Thursday April 10th

Using Fusion Accounting Hub to Consolidate Third Party Accounting Systems into PeopleSoft Financials

1:00 PM-2:00 PM

Session ID: 108720
Room: Level 4, Lando 4303
Abstract: If you have many third party systems that require specific accounting rules and have built individual integrations into Oracle’s PeopleSoft Financials, then this session is for you. Let us show you how Oracle’s Fusion Accounting Hub can streamline the maintenance and creation of accounting from the many feeder systems. This session will also deep dive into the integration built between the accounting creation of the hub into PeopleSoft General Ledger. We will show you how you can use the power of PeopleSoft and the power of the Fusion Accounting Hub to reduce costs, maintain higher levels of controls and auditability.

Friday April 11th

Fusion Accounting Hub: How to Maximize Your Existing Investment in Oracle Apps Unlimited Products?

09:45 AM-10:45 AM

Session ID: 14399
Room: Level 3, Murano – 3201
Abstract: Fusion Accounting Hub (FAH), provides a complete set of accounting tools. The product supports all financial management and analytical reporting needs. There are various approaches to adopting FAH in co-existence with various systems. Oracle has provided pre-built integrators using GoldenGate from EBS and via ODI from PeopleSoft to integrate to FAH. Non-Oracle sources can also be integrated. FAH offers the product’s full reporting, catalytic, drill down and integration capabilities to AU customers.

Fusion Financials: How to leverage Fusion Financials ( New Implementation vs Coexistence)

12:15 PM-1:15 PM

Session ID: 15147
Room: Level 3, Murano – 3201
Abstract: This presentation will provide an overview of Fusion Financials. We will review the new functionality that exists in Fusion Financials and compare it to E-Business Suite. We will also review the implementation options and compare a new Financial Implementation with a Coexistence model alongside E-Business Suite.

  • Eric Deering, Apps Associates
  • Srinivas Pothireddy, Apps Associates

Oracle Cloud Marketplace

If you are an Oracle Cloud customer or a partner, or are considering becoming one, or if you are just interested, you should check out the Oracle Cloud Marketplace.  It follows the type App Store type model that you are probably familiar with, but this is for cloud based enterprise apps.

oracle cloud marketplaceI am always inspired by the innovation that comes from the Oracle partners, it drives me to try and keep innovating in the products Oracle produces and that is how the ecosystem should work.  I see a lot of content on their already and I plan to try out some of the free apps over the next days and weeks, maybe I will do reviews of anything I find particularly interesting.  However you shouldn’t wait for my reviews, get over there now and check out the content, post in the comments to discuss what you find.

Trivial Software?

All software is hard.  Building good software is not trivial, but the challenges I face are different depending the intended use of my software.  For me it helps if I put software into three categories

  1. Critical – this controls nuclear power plants, medical equipment or aircraft control systems.  If it breaks a lot of people die.
  2. Enterprise Class – If it breaks I cannot run my business (pay my suppliers, pay my employees, serve my customers)
  3. Trivial – If it breaks I can’t check the latest sports results, or post my opinions on my lunch to facebook and twitter

The tolerance of the consumers of each of the above software for failure is quite different and as such the speed with which new features can be delivered and implemented will differ.  If the pilot of your plane sees a pop up on his screen right before he takes off saying “An update is available for your autopilot software, would you like to install it now?”;  would you want him to click ‘Yes’?

I build Enterprise software, which is the middle ground.  I certainly have to spend a lot of my time ensuring that what we build is robust and reliable, but there is plenty of scope to innovate.  I respect the people who build there other types of software as they each have their own unique challenges.  Critical software has to be totally safe and reliable and those pressures are obvious.  What I class as trivial software is a challenge because you have to move with the market and bring out new features and innovations very fast and keep your customers very happy and engaged because they can move easily to another product.  What is trivial software to the users may well be critical to your ability to make money and pay your own bills.

Do you agree with my categories, or do you prefer to slice it another way?  Is trying to categorize software a futile exercise?  Am I just trying to be controversial by calling some people’s life passion trivial?  Have your say in the comments below.