Elire News

Tag: Oracle Cloud Financials

Cloud ERP Updates: Oracle Partner Cast

January 24th, 2019

Cloud ERP Updates: Oracle Partner Cast

Oracle hosted an Oracle Partner Network (OPN) webcast yesterday with some exciting updates to Oracle Cloud ERP and EPM.

Market Highlights include:

  • ERP SaaS market will reach $23.8 Billion in 2018 for 17% CAGR since 2013 (IDC); ERP includes accounting & finance, procurement, supply chain, and HR
  • Accounting and Finance was ~25% of the ERP market in 2016 (BCC Research)
  • Procurement Market (full Source-to-Pay) is growing rapidly with total revenues of $7.9 Billion in 2017 for 13% CAGR (Forrester)
  • Mid-size companies are expected to make up the majority of cloud customers
  • Oracle has around 10,000 E-Business Suite customers, of wich over half are mid-size
  • Organizations are reducing their TCO by over 50% and increasing their ROI by 3.2 when moving to Oracle Cloud

Industry Trends & Challenges you should know:

  • 81% say staying current on technology is a top benefit of ERP Cloud (ERP Trends)
  • Average age of ERP systems nearing 20 years (ERP Trends)
  • Average lifespan of an ERP system is from 10-20 years (e2bteknologies)
  • ERP performing more routine, core processing typically done in Excel (CIO.com)
  • Compliance with SOX, GDPR, etc. becoming more critical for ERP (CIO.com)

Oracle Cloud ERP Benefits:

  • Simultaneously access real-time financial data & automate processes
  • Improve cash inflows and manage cash positions across the enterprise
  • Reduce transaction processing costs, data entry errors, and delays
  • Comply with global accounting standards, legislative, & industry requirements
  • Modernize, simplify, and accelerate project planning and execution
  • Improve collaboration and productivity among project teams and managers
  • Realize maximum savings and simplify purchasing with self-service procurement
  • Standardize and streamline sourcing negotiations and contract creation
  • Ensure contract compliance by monitoring for standard language deviations

Want an introduction to Oracle Cloud ERP? Join our next webinar, “Streamline & Simplify: An Intro to Oracle Cloud Financials” on February 19th. Register Here.

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Elire at COLLABORATE 19

January 24th, 2019

Elire at COLLABORATE 19

ONE event. NUMEROUS takeaways to help drive results for your business all year long! COLLABORATE 19 is the premier, user-led, technology and applications forum for the Oracle community. Produced by three independent user groups, IOUG, OAUG and Quest, COLLABORATE 19 is your event – created by users for users.

• 1,000+ sessions and panels packed with customers sharing their stories, case studies and practical “how-to” content

• Community-sourced education led by experts – for everyone, at every stage of their technology journey

• Breaking product news, roadmaps and insider information from Oracle executive management and developers

• Education and training for functional, technical and hybrid users

• Access to hundreds of other customers across industries to build your personal and professional network, including special interest group (SIG) meetings, geographic networking events and receptions

• An Exhibitor Showcase packed with products and solutions providers who can help you solve your specific challenges

• Unique events such as the Women in Technology Forum—connect with key women who are examples of success in a fast-changing environment

Team Elire will be exhibiting at Booth #442 as well as presenting SEVEN Sessions on our Industry Best Practices and recent client successes! Add our sessions to your schedule below:

106840 – Rewarding a Talented Global Workforce: Talent Profile and Workforce Compensation; a Yum! Case Study
10:30 AM – 11:30 AM | April 8, 2019 | CC 3RD FL 303A

106660 – Springfield Clinic Case Study: Lean Something New with Oracle Learning Management Cloud
10:30 AM – 11:30 AM | April 9, 2019 | CC 3RD FL 303A

105320 – PTF – Automation in Testing; Configuration; Conversion; and Production
2:00 PM – 3:00 PM | April 9, 2019 | GH 3RD FL BONHAM D

106640 – Rethinking Performance Reviews with a Rapid Implementation of Oracle HCM Performance Management
4:30 PM – 5:30 PM | April 9, 2019 | CC 3RD FL 303B

106570 – Implementation and Beyond: An Evolution of BI Cloud Reporting Strategies
8:00 AM – 9:00 AM | April 10, 2019 | CC 3RD FL 302A

105440 – Money in the Bank – Cloud ERP Implementation Success
4:30 PM – 5:30 PM | April 10, 2019 | CC 3RD FL 302B

103320 – Winning Tactics – PeopleSoft Treasury in a Regulated World
8:00 AM – 9:00 AM | April 11, 2019 | GH 3RD FL PRESIDIO B

Ready to access a wealth of information to help you navigate your technology journey? COLLABORATE 19 takes place April 7-11, 2019 at Henry B. Gonzáles Convention Center in San Antonio, TX.

Register by February 14 to save big!

Select the user group most closely aligned with your interests at www.attendcollaborate.com.

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