We connected with Elire Treasury Advisory Services Practice Lead, Cory Bratts, to discuss what obstacles organization’s usually face when tasked with a Transformation to their Treasury Operations or a new Treasury Workstation implementation. Here is what he had to say!
Interested in learning about Elire’s Strategic Treasury Roadmap to avoid these common obstacles? Attend our webinar, “Treasury Transformation: Plotting a Course with Elire’s Treasury Strategic Roadmap” on March 27th.
Providing additional value for long-term and new clients.
Minneapolis, MN March 01, 2018
Trusted Oracle Partner, Elire Inc., is now a certified Oracle Reseller for Oracle PeopleSoft, Cloud HCM, Cloud Financials, Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS) Services. Elire Director of Sales, John D. Scott, states, “Elire is extremely excited about being an approved Oracle Reseller. This is a great opportunity for us to offer a value-add service to our existing customer base, help oracle prospects in their software buying journey, further support Oracle Reps in their sales cycles, and expand our overall Partnership with Oracle.”
Elire Business Development Manager, Geoff Engelhart, adds, “Elire is excited to expand our long-term partnership with Oracle and grow the strategic partnerships we have with our current, and future clients. As an approved Oracle re-seller, we’ll be able to help our clients maximize their IT investments like never before” in regard to Elire’s new capabilities.
During Elire’s 13 years in business, the company has focused on being a Trusted Advisor and Partner to their 200+ clients. Elire’s prominent clientele are revered as leaders across a wide range of industries and verticals. The move to becoming a Reseller further solidifies Elire’s industry-leading position as a “go-to” Oracle Partner, and allows for organizations to have an experienced partner across all their Oracle needs.
Elire recently completed a five-part webinar series highlighting functionality in Oracle Cloud Cash Management. The webinar series focused on features essential to Treasury Operations – including Bank Reconciliation, Cash Forecasting, and Payments in the Cloud – while also addressing functionality in the cloud to extend and enhance these features, like Oracle Smart View.
For those interested in learning more, we’ve compiled all five webinars into one convenient post. Our experts recommend watching them in order as they build on information from previous webinars.
To set up a demo or request a call with our Cloud Cash Management Team, please contact Elire Cloud Cash Management Practice Lead, Michael Graham, at 612.486.4220 or [email protected].
Oracle Cloud is a seamless, modern, and intuitive tool used by thousands across the country. With the addition of Cash Management in Oracle Cloud, it’s time for your organization to move its Treasury operations into the future. In this first part of Elire’s Oracle Cloud Cash Management Webinar Series, Elire Principal Treasury Consultant and Certified Oracle Cloud ERP Implementation Specialist, Jason McCabe, CTP, provides an overview into Software-as-a-Service, benefits of Oracle’s Cloud Cash Management solution, Cloud Cash Management features, integration with legacy software, and tips for implementation.
In the second part of Elire’s Cloud Cash Management Webinar Series, Elire highlight’s some of the key functionality to be expected with Bank Reconciliation in the Cloud. Elire Treasury Consultant, Tony Barbato, focuses on Importing Bank Statements in the Cloud, Bank Reconciliation Matching Rules, including the One to Many rule, and Addenda Parse. Check out this opportunity to gain valuable insight into the latest Bank Reconciliation functionality and tips for a successful implementation.
Proper support of a firm’s business objectives can be achieved through the proactive management of a firm’s global cash position and forecast. Liquidity management is a core treasury function that provides knowledge for minimizing an enterprises operational risk through strategic working capital allocations. To succeed, Treasury requires insight into their functional working capital strategies through the unlocking of bank balances and the mobilization of intercompany cash. In this webinar, Elire Managing Consultant, Logan Wacker, explores how leveraging Oracle Cloud provides multi-dimensional analysis that provides deep insight into Treasury’s various liquidity strategies around cash conversion, funding requirements and the management of their strategic investments. Deploying Oracle Cloud as a Treasury work center allows an organization to manage established bank counterparties and their financial markets relationships, to fine tune a global liquidity program.
Oracle’s Cloud Payments interacts with other source products including Cash Management, Payables, Receivables, etc., serving as a funds capture and funds disbursements engine. Cloud Payments acts as a central payment engine for Cash Management by processing Bank Account Transfers and Ad-Hoc payments. It also handles Supplier Invoice payment for Cloud Payables and manages customer refunds, among others. This webinar dives into how Cloud Payments can help your company efficiently centralize the payment process by securely transmitting your disbursement transactions to your financial institutions and providing cash managers with visibility into cash inflows and outflows.
The ability to access and analyze data in real-time is essential to the modern Treasury Department. Smart View is an ad hoc analysis tool that interacts with Oracle Cloud ERP and Essbase cubes. Oracle Cloud Cash Management allows organizations to optimize user productivity with features such as Smart Query, Smart Slice, and drill to source functionality. On-demand cube updates through Smart View give users the capability to perform cash forecasts and determine liquidity positions daily. This webinar explains Smart View functionality included with Oracle Cloud CM and demonstrates how your organization can benefit from performing ad hoc analysis, while having real-time visibility into application cash flows.
Team Elire will be making the trip to beautiful Las Vegas, NV once again for COLLABORATE 18. For those who have not attended, COLLABORATE offers over 1,200 sessions from Oracle customers, development and product leads, and solution partners – including Team Elire! This year we are pleased to announce we will be presenting 11 presentations in both the PeopleSoft and Oracle Cloud product spaces. Elire Subject Matter Experts and Team Members will also be available in the exhibit hall at Booth 730 to answer your questions during all open exhibition hours and events.
Now, more than ever, Treasury Departments need the ability to access and analyze date in real-time. An addition to the Oracle Cloud Cash Management Suite – Oracle Smart View is an ad hoc analysis tool that interacts with Oracle Cloud ERP and Essbase cubes. This tool allows organizations to optimize user productivity with features such as Smart Query, Smart Slice, and drill to source functionality. On-demand cube updates through Smart View give users the capability to perform cash forecasts and determine liquidity positions daily. We asked Elire Cloud ERP Consultant, Tony Barbato, why organizations should implement Smart View with their Oracle Cloud Cash Management solution, and what it takes to have a successful implementation. Here’s what he had to say:
Interested in learning more? Attend Tony’s webinar, “Extend Cash Forecasting with Oracle Smart View” on January 16th.
Massive changes to Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) Regulations will affect both Lessors and Lessees. In order to help you prepare and know what to expect, we asked our experts what you needed to know! Elire has an entire practice dedicated to Lease Administration to ensure your organization is prepared. Here is what our experts had to say:
For more information or to evaluate the changes FASB/IASB regulations will have on your organization, email [email protected].
Elire had the distinct pleasure of being a Founding Platinum Sponsor at this years Firefighters for Healing Red Tie Gala. The Gala – including ticket sales, silent auction, and additional games/raffles raised $500,000! Elire Partners and Employees enjoyed the VIP treatment for the evening and contributed not only their time, but silent auction items and dollars for this fantastic cause.
Elire first began work with Firefighters for Healing at the Oracle Direct Charity Golf Tournament and has remained an active partner over the last few years – including previous Red Tie Galas, the annual Christmas Gift Wrap and Drop for the HCMC Burn Unit, and Elire members serving on the Firefighters for Healing Advisory Board.
Proper support of a firm’s business objectives can be achieved through the proactive management of a firm’s global cash position and forecast. Liquidity management is a core treasury function that provides knowledge for minimizing an enterprises operational risk through strategic working capital allocations. To succeed, Treasury requires insight into their functional working capital strategies through the unlocking of bank balances and the mobilization of intercompany cash. We asked Elire Cloud ERP Expert, Logan Wacker, why organizations should implement Oracle Cloud Cash Management to accommodate Treasury’s Forecasting needs, and what it takes to have a successful implementation. Here’s what he had to say:
Interested in learning more? Attend Logan’s webinar!
Are you looking to establish a new supplier relationship, manage existing vendor relationships, or enhance the value added by your Suppliers? Third party vendors and outsourced services are becoming an ever-important component to a successful business. We asked Elire Strategic Advisory Services Consultant, Lauren Sindt, for advice on how to best manage your suppliers and establish a strong supplier governance. Here is what she had to say!
Interested in learning more? Attend Lauren’s webinar, “Strengthening and Streamlining Supplier Management” on Thursday, November 30th.
Team Elire had a fantastic time in San Diego, CA for AFP 2017 last week! AFP is the ultimate networking and educational get together for Financial and Treasury Professionals. Elire setup at Booth #319 for the week to engage with our customers, inform Treasury and Financial professionals of our industry leading Treasury Services, and have some fun!
For copies of our presentation with Marsh & McClennan Services, email [email protected]
Elire is led by a team of experts with the qualifications, experience and credentials necessary to provide the highest quality of service.
Strategic ERP Services
Our Strategic ERP Services practice will help you address your financial analysis & reporting needs. Our knowledge and experience will help you fast-track your implementation or upgrade, avoid common mistakes, minimize the need for costly customizations, and maximize the return on your strategic IT investment.