Elire News

Tag: Oracle Cloud

Industry Update: Elire Recognized as Oracle Cloud Excellence Implementer for Cloud Applications!

November 15th, 2018

Industry Update: Elire Recognized as Oracle Cloud Excellence Implementer for Cloud Applications!

 

Oracle’s Cloud Excellence Implementer (CEI) Program is focused on driving customer success with Oracle Software as a Service (SaaS) products by identifying, recognizing, and differentiating highly qualified consulting firms that continue to demonstration successful implementations, expertise, and superior customer satisfaction with Oracle Cloud. Elire Inc. earned this status by delivering multiple Cloud Implementations successfully across various industries and customers, as well as maintaining a fully-certified team of Cloud Implementation Specialists. Elire has long held a Gold or Platinum designation within the Oracle Partner Network, and is widely recognized as an industry leader for Cloud and PeopleSoft Implementations and Upgrades. 

Value For Customers

CEI enables Oracle’s customers to have an objective view of highly qualified consulting firms in the marketplace to drive their success with Cloud Applications. The CEI program allows Oracle to better identify and engage implementation firms that best align to specific needs to maximize the customer’s potential to experience a successful Implementation and realize the full potential of their Oracle Cloud Solution.

For more information on the CEI program, visit here

About Elire Inc.

Established in 2005, Elire is a Minneapolis based full-service consulting firm with 13+ years of experience in successfully completing projects for our customers. 

We help our clients achieve success by efficiently implementing, integrating, and upgrading their software investments. In addition, we also provide strategic guidance and support to assist with a wide variety of business process improvements, and specialize in helping our clients unlock the full potential of their software investments. Learn More about Elire’s Cloud Expertise here. 

About Oracle

Emerging technologies are disrupting old paradigms and unleashing new opportunities. Oracle has embedded innovative technologies in every aspect of our cloud, enabling companies to reimagine their businesses, processes, and experiences.

With the introduction of Oracle Autonomous Database, the industry’s only self-driving, self-securing, and self-repairing database, Oracle is again revolutionizing how data is managed. Oracle is the #1 provider of business software, with a broad portfolio of solutions for companies of all sizes. Today, 430,000 customers in 175 countries use Oracle technologies to seize business opportunities and solve real, tangible challenges.

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Oracle OpenWorld 2018: Top 5 Technology Highlights

November 7th, 2018

Oracle OpenWorld 2018: Top 5 Technology Highlights

Team Elire packed their bags and set off for an exciting week of networking, knowledge sharing, and Oracle product updates at Oracle OpenWorld from October 22nd-25th. While in San Francisco, the Elire team was able to take advantage of all #OOW18 had to offer – including exciting keynotes, product roadmaps, product demonstrations, customer success stories, and networking with other Oracle Partners and User Group Partners!

With four days of action-packed activities and sessions, there were a LOT of exciting announcements for the future of Oracle’s Cloud and On-Premise solutions. If you missed out, don’t worry – below are the top five takeaways and announcements you need to know!

  1. Announcement – Oracle Gen2 Cloud – During Monday’s keynote, Larry Ellison announced the arrival of Oracle’s Generation 2 Cloud Platform. Previous Cloud Platforms relied on Shared computers for User Code and Cloud Control Code – meaning that the Cloud Provider can see your customer data and User Code can access Cloud Control Code, making the system vulnerable. Previous Cloud Technology was not meant to run “Mission Critical” business applications, and security was simply an afterthought. Oracle’s new Gen 2 Cloud is run on Separate Cloud Controlled Computers, meaning that Oracle cannot see Customer Data and no user can access Cloud Control Computer or Code. This updated platform has new Cloud Architecture with security built-in from Core to Edge, allows the easy move of Enterprise Workloads to Cloud, and has Oracle’s Autonomous technology to streamline and optimize day-to-day tasks, which enables superior price performance. Gen2 Cloud is an extensible Platform for SaaS applications as well, meaning you can run your open source programs and other applications on the Oracle Cloud with ease. For more information on Gen2 Cloud, watch Larry’s keynote here.
  2. Security, Security, Security with Gen2 Cloud Infrastructure Services – Another part of Larry’s first keynote included the introduction of Oracle Gen2 Cloud Infrastructure Security Services. This new security infrastructure includes key management services – creating customer control of network keys for all levels. Additionally, the Cloud Access Security Broker (CASB) automatically and continuously monitors and remediates changes and threats. CASB utilizes AI technology and machine-learning to observe your network usage patterns and recognize anomalies to identify and kill security threats immediately with minimal downtime – specifically 99.9995% availability, even under attack. A press release on the announcement can be viewed here.
  3. Analytics Data Warehouse – As a part of the closing keynote, Larry Ellison announced the new Fusion Analytics Data Warehouse, enabling extended analytics for all fusion applications. The Data Warehouse is built on Oracle Analytics Cloud and Autonomous Data Warehouse with packaged KPIs, visualizations, and dashboards. The analytics can be produced in a matter of seconds without database design, tuning, ETL, modeling, etc. Just a few clicks and your fusion data is at your fingertips!
  4. Oracle Digital Assistant Voice UI – The closing keynote also announced the new Digital Assistant Voice User Interface, allowing you to interact with your Siri and Alexa devices for transactions throughout your Fusion applications. A video of the interaction can be viewed here. 
  5. Mark Hurd’s Predictions for 2025 – Similar to the last OpenWorld, Mark Hurd included his predictions for 2025. Predictions this year were comprised of the inclusion of AI technology in ALL Cloud Apps – predicting that these apps will have AI woven into all business apps and platform services, further distancing them from legacy apps. Mark predicted that AI will power 85% of customer interactions, which would improve service levels, engagements, and allow retailers to create personalized experiences on any channel. This would infer that hotels could run 24/7 without people constantly at the front desk and for all industries to connect with their customers in new, innovative ways. He also predicted that 60% of the IT jobs that will exist in 2025 have not been created yet – including Data Professionals, Robot Supervisors, Human to Machine UX Specialists, Smart City Technology Designers, and AI Assisted Healthcare Technicians. Interested in learning more? View Mark Hurd’s keynote here.A full list of predictions can also be found here.

 

Stay tuned for more information on individual product keynotes and roadmaps!

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5 Reasons to Attend Oracle OpenWorld

September 18th, 2018

5 Reasons to Attend Oracle OpenWorld

The Oracle Event of the year – Oracle OpenWorld – is upon us! For those who have not attended, Oracle OpenWorld offers 2,000+ sessions focused on transforming and planning for tomorrow’s technology – on hot topics including Oracle Cloud, Block Chain, Adaptive Intelligence (AI), Machine Learning, and more. Whether you have attended in the past or are gearing up for your first OOW experience, here are our top 5 reasons you should attend:

  1. 3,000+ Oracle Customers and Partners – Learn from the experts! Oracle’s Partner Network offers a wealth of information and best practice experience for you to leverage as a consultant, user, or learner
  2. 500+ Sessions and Case Studies on Emerging Technology – think hot button industry topics like AI and Blockchain. Leverage this opportunity to learn more about the future of technology while addressing your current technology needs
  3. 60,000 attendees from 175 countries – NETWORKING! OOW is the largest Oracle User networking opportunity in the world; take the time to connect with industries and geographies different from your own and exchange lessons learned
  4. Give back – Oracle OOW has made a conscious effort to leave a positive impact on the community that hosts OpenWorld and to plan for the waste a conference this large entails! 100% of onsite emission is offset by Oracle, 81% of ingredients for meals are sourced from within 250 miles of San Francisco, and almost 8,500 meals were donated to local charities at OOW 2017! A conference with a purpose!
  5. Oracle CloudFest. 18 – a full night of festivities featuring Beck, Portugal. The Man., and Bleachers where you can decompress and enjoy a fun night out with your team!

 

To learn more about the sessions available, visit the full session catalog here

Visit the Oracle OpenWorld website for registration information (hotel pricing ends September 21st!) and their FAQ for useful tips and tricks.

Planning to attend? Elire will be presenting with Yum! Brands (CAS3707) and Oracle (PRO4335). Visit our booth #3025 and learn more about our sessions!

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Ask the Expert: Oracle Cloud Global Human Resources

August 9th, 2018

Ask the Expert: Oracle Cloud Global Human Resources

The global workforce is ever changing and transforming. In order to effectively manage you employees domestically and abroad, your organization needs a flexible and robust Human Resource enterprise solution to meet your needs. Enter Oracle Cloud Global Human Resources. 

We asked Elire Consultant and Oracle Certified Cloud Global HR Implementation Specialist, Rachel Rudolph, what common obstacles our clients run into while implementing Global HR, and what best practices they should follow to get the most out of their investment. 

Here’s what she had to say!

Interact with Rachel and learn more at her upcoming webinar, “Global HR from A to W: Assignments to Work Structures and everything in between.” Register for this complimentary webinar here

To set up a call with Rachel and the Cloud HCM team, contact [email protected].

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Big News for PeopleSoft Users: Oracle Extends Premier Support for PeopleSoft

June 27th, 2018

Big News for PeopleSoft Users: Oracle Extends Premier Support for PeopleSoft

 

Oracle Announces Long Term Investment and Support for PeopleSoft “Through at Lease” 2030

Earlier today, Oracle extended Premier Support for PeopleSoft through 2030. Last May, Oracle announced it was extended support to 2027. 

The continuing extension of Premier Support for PeopleSoft applications is seen as a gesture of good faith that Oracle will continue to not only support PeopleSoft, but also continue to add new functionality and enhance existing features for loyal PeopleSoft customers. This extension also comes with a promise to extend the currently stated Premier Support “at least” date annually bu one calendar year, allowing for a “rolling window” of 10+ years of Premier Support for all PeopleSoft applications (CRM, CS, ELM, FMS, ESA, SCM, and HCM) Continuous Innovation Releases. 

The continued support extension as well as new innovation for PeopleSoft will allow customers to have the time they need to plan their journey to the cloud, as well as have a “stable and predictable long-term support policy.”

Check out the original article from Marc Weintraub here. 

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Ask the Expert: Reporting with Oracle Cloud

April 4th, 2018

Ask the Expert: Reporting with Oracle Cloud

So you’re considering or have made the move to the cloud – how do you ensure your reporting needs meet compliance standards and internal requirements? We asked Elire Cloud Consultant, Karen Costakes, what are best practices for effective reporting with Oracle Cloud, and what common obstacles organizations face. Here is what she had to say:

 

More information on Common Obstacles:

  • Identifying where data lives in OTBI or BI Publisher can be a challenge. There is not transparency into how data populates the front-end screens, and as such, thorough testing and validation of report results is critical
  • Understanding security roles necessary to view results in OTBI varies by Subject Area and can take some time to understand and provision. Use Oracle’s “OTBI Subject Area Documentation” to better understand how each specific Subject Area is built and the required security for the subject area
  • Not all fields a user can see on the front end are available in OTBI Subject Areas. Oracle is continuing to develop Subject Areas, but creating a report in BI Publisher may be the workaround if the field is needed. By opening enhancement request for key fields that are unavailable, users can help make OTBI an even more robust business intelligence tool

Interested in learning more? Register for Karen’s webinar on April 17th here

 

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Elire Cloud Cash Management Webinar Series

January 24th, 2018

Elire Cloud Cash Management Webinar Series

 

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].

 

Part 1: An Overview of Cash Management

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.

 

Part 2: Automated Bank Reconciliation – Next Stop, the CLOUD

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.

 

Part 3: Managing Global Liquidity with Oracle Cloud

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.

 

Part 4: Payments in the Cloud

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.

 

Part 5: Extend Cash Forecasting with Oracle Smart View

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.

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Join Elire in Las Vegas for COLLABORATE 18!

January 10th, 2018

Join Elire in Las Vegas for COLLABORATE 18!

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. 

Check out our sessions: 

Session 101990 – Moving from On-Premise to Oracle Cloud: BI Reporting Best Practices
Sunday, April 22 | 3:00 PM – 4:00 PM | Reef B
Presenters: Sharon Perkins (Yum! Brands) and Sherwood Daniels (Elire)

 

Session 102030 – Accounting Standards Made Easy with PeopleSoft Lease Administration
Sunday, April 22 | 3:00 PM – 4:00 PM | Surf E
Presenters:  John Wallace (Elire)

 

Session 108480 – “Game Changer” – Life after PeopleSoft Implementation
Tuesday, April 24 | 9:45 AM – 10:45 AM | Reef B
Presenters: Janet Division (Wells Fargo Home Mortgage) and Grant Bernardy (Elire)

 

Session 106230 – When an Oracle Partner becomes the Customers. Elire’s Internal Cloud ERP Implementation Journey
Tuesday, April 24 | 9:45 AM – 10:45 AM | South Seas D
Presenter: David Alvarado (Elire)

 

Session 102050 – Reinventing AP Automation with Open Imaging Integration in PeopleSoft
Tuesday, April 24 | 11:00 AM – 12:00 PM | Surf B
Presenters: Peter Lopes (Canon Imaging Solutions) and Patrick Gahagan (Elire)

 

Session 106380 – Rewarding a Talented Global Workforce: Talent Profile and Workforce Compensation, A Yum! Case Study
Tuesday, April 24 | 11:00 AM – 12:00 PM | Reef E
Presenters: Priya Natesan (Yum! Brands), Wesley Welsh (Yum! Brands), and Aaron Bulthuis (Elire)

 

Session 102010 – PeopleSoft on Oracle Cloud: What does this mean for your PUM Strategy
Wednesday, April 25 | 9:45 AM – 10:45 AM | Surf D
Presenter: Arturo Carreno (Elire)

 

Session 102870 – Double the PeopleSoft 9.2 Upgrade Fun – Henderson, NV’s FSCM & HCM Public Sector Success Story
Wednesday, April 25 | 2:30 PM – 3:30 PM | Surf C
Presenters: Jacquie Thibault (City of Henderson) and Jeff Hilliard (Elire)

 

Session 108300 – Having Your Cake and Cash Forecasting Tool!
Wednesday, April 25 | 2:30 PM – 3:30 PM | Surf B
Presenters: Kristen Bentley (Wells Fargo Home Mortgage) and Cory Bratts (Elire)

 

 

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Ask the Expert – Smart View with Oracle Cloud Cash Management

December 21st, 2017

Ask the Expert – Smart View with Oracle Cloud Cash Management

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. 

Register here.

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Ask the Expert: Cash Forecasting and Global Liquidity with Oracle Cloud Cash Management

November 21st, 2017

Ask the Expert: Cash Forecasting and Global Liquidity with Oracle Cloud Cash Management

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!

Managing Global Liquidity with Oracle Cloud

Wednesday, November 22nd | 2:00 PM – 2:30 PM CST

Register here

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