While the holidays are usually a time of excitement and cheer, for families who have recently lost everything in a fire and individuals healing from injuries in the burn unit it can be difficult. Firefighters for Healing tries to ease that pain and worry with Project Joy, by providing gifts for children in the burn unit, and families who might not have a Christmas without their intervention. The project aims to provide hope and joy to those who have already been through so much. As one of FFFH’s Corporate Partners, Team Elire lent a hand in wrapping up dozens of toys and gifts for families in our community and children in the HCMC Burn Unit.
Team Elire was also invited to ride along to deliver these toys and gifts, as well as participate in the unveiling of the Firefighters for Healing Family Playroom at HCMC. The FFFH team filled the new playroom with toys, games, and medical supplies free to use for families of healing children.
We are so proud to be a part of the Firefighters for Healing Family, and to continue to support the phenomenal work they are doing.
Last week Team Elire was able to attend Oracle CloudWorld in NYC. The team enjoyed a full day of customer focused keynotes and live demo sessions, as well as networking activities. Here’s a recap of what you missed!
The team found the Oracle Keynotes to be informative and data driven to show how the ecosystem is changing with the workforce becoming younger and more demanding, which is influencing companies buying habits. The global economy is growing, but not at the same rate in each region or country. IT Growth tends to follow GDP growth, but only 3% of GDP is IT related, and it’s mostly coming from China. Top Cloud companies like Oracle, Amazon, and SalesForce have experience 44% growth, while IT budgets are not growing. Executives are focusing on moving their IT budgets from maintenance to innovation, which is creating an appetite for cloud solutions. As much as 85% of CEO’s think their investment in Cloud will increase.
In terms of Cloud companies, Oracle is ahead of the curve with security and patches. From an HCM Cloud perspective, the focus for Oracle has been on the employee self-service framework, peer collaboration, and managers having real-time access to tools and analytics geared around employee data. Currently Hybrid environments are the norm (a combination of on-premise applications with some Oracle Cloud solutions), however, more customers are going to 100% Cloud as the application availability and maturity rises.
General Electric (GE) has taken their full financials and moved to the cloud with 22 modules total. Seven modules have went live in the US and Canada within four and a half months, with Phase two being 13 modules in five countries. Kraft Heinz is currently using on premise ERP and implementing Oracle Planning and Budgeting Cloud Service (PBCS).
Two case studies were also presented. The first was Irving Materials, a Midwest construction company was an existing Oracle 11i customer. They decided to move to cloud because of maintenance. They had a tough time handling patches and upgrading themselves, so moving to cloud was the right move for them – along with the flexibility needed for rapid growth through acquisitions. Prior to moving to cloud they needed 4-6 hours for running financials reports, now it only takes minutes.
The second case study was on Bluebird bio, a Gene Therapy Biopharma company out of Cambridge, MA. They chose Oracle to help scale, their global presence, user experience, budget, and quick implementation timeline. Bluebird started with Oracle HCM, PBCS, and then contracts. They were also able to integrate with lost of third party solutions like using ADP. After their initial implementations, they have also added most of the ERP suite excluding Accounts Receivable.
Implementation Success Tips
Successful clients shared their tips and tricks for having a successful adoption of Cloud technologies. The main points are:
Go Enterprise Where you can
Engage vendors early to interface with your third party applications
Phases, phases, phases
Change management is essential. Have a plan for your users
Leverage best practices
Leverage your Oracle relationships in addition to My Oracle Support
Utilize niche implementation partners rather than using one – utilize partners specialized in Contracts, HCM, etc.
Send users to online training after Go Live – start early and add additional training if needed
Is it time for your organization to Upgrade to PeopleSoft 9.2 or Migrate to the Oracle Cloud?
Need some direction on which is the best path for your organizations Future State?
Look no further! Elire Presents:
Choosing the Right Path: PeopleSoft 9.2 vs. Cloud
Sponsored by Quest International Users Group
Elire’s Director of Strategic Advisory Services, Richard Merrill, will showcase our proven methodology used by clients to make this difficult decision. The work doesn’t stop once your decision is made! This webinar will take the process a step further, where two additional Elire Experts will give tips and tricks to ensure your outcome is successful regardless of the path you choose.
PeopleSoft 9.2 is a game-changing release and Oracle’s new Continuous Delivery Model requires a solid foundation in place for the successful application of PUM Images. Our CDM expert, Valentin Todorow, will present Elire’s Methodology, tips, and tricks for a successful CDM strategy, should your organization decide to upgrade to 9.2.
Oracle Cloud is a new and modern solution for your organization, but it also comes with its challenges. In the final part of this webinar, Elire Founding Partner and Cloud Subject Matter Expert, Grant Bernardy, will share our experience with Oracle Cloud and provide tips, tricks, and best practices should Cloud be the best path to achieve your organization’s ideal Future State.
The Second Annual Firefighters for Healing Red Tie Gala was hosted on Saturday, November 12th. For the second year, Elire was a Platinum Level sponsor. This year’s event was held at the Muse Event Center in Downtown Minneapolis, and Elire team members from across the US suited up to be a part of this historic night! From sponsorships, ticket sales, and silent auction donations, the event raised over $150,000!!
Firefighters for Healing is a non-profit organization founded in 2010 that aims to support burn survivors and their families in ways insurance companies and caretaker are unable to. Support from both the community and donors allows FFFH to replace essential living items that have been lost in a fire, as well as assist with funds for costly corrective surgeries. The organization donates their time, money, and resources to burn survivor children, families, nurses, and doctors at local burn unit facilities.
Apart from the amazing work FFFH does for those children currently in the hospital, much of the pain of those burns continue throughout the child’s lifetime. In summer 2016, FFFH was able to send five burn survivor children to a burn-injured youth camp in Colorado where they were able to run, play, jump, and be themselves – something many of these children were uncomfortable doing or unable to do after their injuries. Firefighters for Healing has made it their goal – with the help of the money raised at the Red Tie Gala – to start their very own burn camp right here in Minnesota! We look forward to seeing updates on MN’s first burn camp as plans progress.
Team Elire had a great time in the beautiful and sunny Orlando, Florida for AFP Orlando 2016! The Association for Financial Professionals (AFP) National Conference is focused on bringing Financial Professionals together to share industry updates as well as best practice and processes, network, and earn credits towards CTP/CCM, CPE or FP&A certifications.
The Team arrived on Sunday, October 23rd, to set up Booth #209, as well as attend the opening key note and Exhibition Hall welcome celebration. The opening Keynote featured experts from various backgrounds, including Doris Kearns Goodwin, author, General Martin E. Dempsey, Chief of Staff, US Army, and Nouriel Roubini, Professor of Economics, New York University. The session “Making Sense of the Global Chaos,” moderated by Political Analyst for CNN, David Gregory, took a look a global issues from a social, economic, and historical lens.
Our team enjoyed a welcome celebration at the Exhibition Hall, complete with celebrity impersonators, music, and happy hour. The night was continued with the bright lights of Orlando City Walk, where our team was provided the opportunity to network with other financial professionals and vendors.
Monday was action-packed with our Subject Matter Experts attending Educational Sessions, and our Partners hosting meetings at the Elire Booth! Team Elire was available during open exhibition hours to share best practices and lessons learned in our Industry-Leading Oracle Treasury Applications Practice.
Elire Experts were available again from 8:30 AM – 5:30 PM on Tuesday. Conference attendees who stopped by the Booth and snapped a picture in Elire Sunglasses posted on social media with #AlwaysSunnyAtElire to be entered to win a $100 Amazon Gift Card. A big Thank You to everyone who stopped by for the glasses and stayed to connect with our team!
The Team enjoyed the Tuesday Keynote, “The Sky is Not The Limit: Lessons from a year in Space” by Captain Scott Kelly. This inspirational keynote focused on Captain Kelly’s thoughts on pushing beyond your preconceived limitations, teamwork, and how to face some of the toughest challenges life can throw at you. Our team left re-energized, and ready to share tips with the rest of our office.
We always like to take time to connect with our clients and show our appreciation. This year at AFP we held a Happy Hour at Itta Bena Piano Bar. Attendees enjoyed their world famous fried avocado bites and cocktails along with great conversation on our Expert Treasury Management Services. We truly appreciate all who attended, and look forward to continuing those relationships.
AFP Orlando 2016 was a huge success! #TeamElire can’t wait to see everyone October 15-18, 2017 for #AFPSanDiego. For more information or to register, go to http://an16.afponline.org/home !
PeopleSoft Financials and Supply Chain Management (FSCM) released Image 21 this week, which includes new features and functionality including Asset Tracking Enhancement, Interface Component Standardization, Asset Retirement Obligations, and many more. Below is a brief summary of the added features and enhancements. As always, for more in depth information on updates, take a look at Oracle’s PeopleSoft FSCM P121 Highlights video.
Asset Tracing Enhancement – This gives users the ability to define if asset scanning can be performed by asset tag number, Serial ID, or both. If the option to scan is selected you will be able to toggle between asset tag and serial ID.
Interface Component Standardization – Standardization of the interface components now provides a consistent user experience, as well as enhanced visibility and the ability to update and approve physical and financial interface details from a single component.
Mass Transaction Manager Extensions – This feature provides the option to preview the asset data to be updated en masse prior to running the Mass Transaction Manager application engine.
Asset Retirement Obligations – Introduced in the feature are partial-year measurement and the recognition of asset retirement obligations, as well as the associated asset retirement cost. Administration of the depreciation of asset retirement cost is now more flexible due to these introductions.
Strategic Sourcing Notice of Award and Notice of Intent Award – A new notification “notice of intent to award in strategic sourcing” is available for use.
Amortization of Expenses – This feature allows a way for users to make annual payments that are to be amortized in regular installments over a period of time. Accounts Payable users provide essential amortization information, initiating advanced payments within PeopleSoft. Finance departments can then manage amortization by utilizing a schedule generated by the PeopleSoft system.
HCM PUM Image 19
Human Capital Management (HCM) Image 19 was also released this week with the following features. Check out a video from Oracle detailing the latest features and functionalities in PeopleSoft HCMPI19 Highlights!
Employee Snapshot – With this feature, Managers are able to quickly review and analyze employee data without navigation of various locations in their system. Managers are able to create tiles, allowing fast access to the employee snapshot pages on their home page.
Workforce Availability Analytics – Employees’ time distribution are now easily analyzed against the schedule for a given time period. The analytics provide a detailed list of values within a grid, that enable managers to perform actions without leaving their page.
Recruiting Diversity Analytics – Talent Acquisition now utilizes a diversity overview chart detailing ethnicity, gender, disability, and veteran status. The chart can be be viewed including all four demographics, or drilled down to each individually.
Global Payroll Variance Analytics – With this feature, payroll results from two different periods can be displayed to compare previous and current values.
Configurable Global Name Formatting – This feature allows definition of basic roles and configure names by format type in the new format detail table.
Fluid Candidate Gateway Enhancements – Four updates have been made to the Fluid Candidate Gateway introduced in Image 18. The updates are:
Employee friend referral through the “Refer a Friend” Functionality for jobs.
US Federal Implementations that support Federal Preferences and Priority Placement
Usability enhancements around Terms and Conditions
Keyword field guidance text additions
Absence Request Cancellation – This feature allows the cancellations or alteration of absence requests.
eSocial for Brazil – Brazil’s nationwide reporting system has added more social events and a monitoring tool for tracking these events.
Mobile Payslip Country Extension Implementations – Payslip information is now visible on employee’s mobile smart phones via the PeopleSoft Fluid User Interface. The payment balances page is also no longer restricted to displaying year-to-date balances and can now be configured to the relevant period.
HR HelpDesk for US Federal – Federal customers of PeopleSoft HCM are now able to view information about their employees in the HRHD 360 Degree page. The system can now display information specific to federal employees, including Tenure, Appointment type, Service Computation Date, Payplan/Grade/Step, FLSA Status, and Benefits/FEHB.
Team Elire spent the week at Oracle OpenWorld 2016 in the beautiful, sunny San Francisco, CA. Our Oracle Applications Experts arrived on Sunday, and started the week off with a bang as our Director of Strategic Alliances, John D. Scott, presented with Janet Division, Vice President, Treasury, Wells Fargo Home Mortgage for the Treasury SIG Group. Sunday was jam packed getting Booth #3646 set up and attending the OpenWorld Partner Summit, where John and one of our Founding Partners, Brian Peterson, connected with Oracle Executives about our role as a Gold Level, Cloud Standard Oracle Partner.
Monday Morning the Elire Team was ready for Exhibition hours, as well as our second presentation of the conference, Turning Wells Fargo Treasury into World Class Operations. Elire Founding Partner, Grant Bernardy, and Janet Division, Wells Fargo, presented the success story of how Home Lending implemented Oracle’s PeopleSoft to support its payment activity, as well as outlined the software review process prior to choosing the application, along with implementation best practices. The session also discussed how Wells Fargo’s partners developed creative solutions to address real-time processing with scalable volumes at peak times.
Tuesday, our team spent the Day at Booth #3646, connecting with other PeopleSoft and Oracle applications users and professionals. Attendees who stopped by the Elire booth had a chance to win a Sonos PLAY:1 Speaker, as well as the chance to enter a drawing for a $100 Amazon gift card if they connected with us on Facebook or LinkedIn. The team also had a busy evening at the ERP Central Happy Hour and Dedicated ERP Exhibition Hours, as well as with an Elire Sponsored Happy Hour at local bar and restaurant, Red Dog! A big thank you to those who joined us for free drinks and a delicious assortment of sliders, hand cut fries, prosciutto wrapped figs and avocado toast; we were so glad to have you!
Wednesday was the last day to connect with the Elire Team at a Booth #3646, and attendees kept our Subject Matter Experts Busy! After a full day of exhibiting and attending sessions, our team was PUMPED to see Gwen Stefani and Sting at the Oracle Appreciation Event at AT&T Park.
Thank you for a wonderful Oracle OpenWorld 2016, San Francisco! We are already looking forward to next year’s conference!
For those of you who missed us, e-mail [email protected] to set up a time to speak with our Oracle Applications Experts or Business Development Manager for your region.
Team Elire was at Deer Run Golf Course in Victoria, MN on Thursday, September 08, 2016 as the Eagle Sponsor for the 2016 Oracle Direct Charity Golf Tournament. 14 Elire Team Members, including 4 of our Owners, set up bright and early for a day of golf, fun, and giving back, with all proceeds benefiting the Make-A-Wish Foundation.
The Make-A-Wish foundation grants a wish every 38 minutes to children who have been diagnosed with life-threatening medical conditions. This year, the goal was to raise $75,000 to donate towards wishes, and at the moment the goal has been surpassed in donations!
As part of our Eagle Sponsorship, Elire hosted the golfers at Hole #10. Golfers arrived to a DJ, full bar, Big Birdie golf for a chance to win Vikings tickets at the new US Bank Stadium, and our very own Elire branded shotskis! Golfers and volunteers came to tee off, but stayed to hang out with the Elire Team and have a great time.
Elire also hosted the Bean Bags Tournament where participants were treated to Elire’s signature Vodka Lemonades and Gourmet Parlour Pizza, along with Elire Shotski’s and a regional favorite game – Hammerschlagen! Representatives from the Make-A-Wish foundation opened the tournament with a brief speech on their work providing hope and joyous memories to children with terminal illnesses and their family. Congrats to Bjorn and Joe, our bags tournament champions!
Two of Elire’s Founders, Brian Peterson and Landon Hartvigsen, were in the top 4 out of 32 teams in the Bags Tournament!
All Beverage Tips and additional funds raised from Hammerschlagen were donated to Make-A-Wish.
A big thank you to Oracle Direct for putting the event together! We look forward to seeing everyone again next year, and to topping our fundraising goal!
Team Elire aims to do more than just deliver success for our clients, we’re also passionate about supporting their efforts to better their communities. Elire is proud to donate to Stelvio for Life, Prologis Europe’s charitable cause, an international charity founded in 2012 with the goal to collect funds for the Barcode for Life foundation. Funds raised enable fundamental research for personalized, patient orientated cancer treatment based on DNA analysis of a patient’s specific cancer. Stelvio for life takes place every year on the last Saturday of August, or the first Saturday of September. The event is a run, cycle, or walk up the Stelvio pass which starts at Bormio, and covers a half marathon distance over a 1,533 meter ascention, ending at 2,758 m above sea level.
Congratulations to the Prologis Team Members who completed the Stelvio for Life Challenge on August 27 2016! Over the past four years, participants have raised over 800,000 euro. For more information on Stelvio for life, visit http://www.stelvioforlife.nl/en/
FSCM Image 20 has been released and includes a a bunch of new functionalities and features!
New Features include Fluid Approvals, Fluid Forms and Approval Builder, Multi Item Image Capability, ChartField Modifications for eProcurement Mobile Approvals, an expanded GL Spreadsheet Upload, and Configurable Supplier Registration Links.
Expanded functionality not mentioned in the video above includes enhanced email invoice functionality to attach supporting documents to customer invoices and including the option of emailing the attachments to the customer with the invoice automatically within the Billing Feature. Commitment Control has an enhanced Budget Journal import to provide validation for line fields and budget headers. General Ledger has both additional information to support the Program Code interface and Federal Object Class, as well as an enhanced SpreadSheet Journal import and Reconciliations Workbench. The Lease Administration navigation collection has been added to the PeopleSoft Fluid User Interface, and functionality has been added to upload Dun & Bradstreet reports by type, in bulk, using the Data Export Import Utility (DEIU) within Receivables.
General FSCM updates have been made as well, including the addition of the Advanced Query Security feature, which allows authorized users to set up secured fields for PeopleSoft queries.
For an expanded look at the new features, check out the video above presented by Oracle.
Elire is led by a team of experts with the qualifications, experience and credentials necessary to provide the highest quality of service.
Strategic Advisory Services
Our Strategic Advisory Services practice offers Roadmap and Business Process Improvement Services, End-User Adoption and Change Enablement Services, as well as Vendor Management Services. These areas combine to help our clients understand their organization’s Current State problems and develop the necessary solutions to move to their desired Future State.