Whether or not your objective is to leverage the most recent expertise or to remain updated along with your Oracle ERP, migrating to the cloud is a posh, however worthwhile enterprise. It requires time to put in, practice, and embed new processes, however the effort is rewarded by the power to leverage extra agile workflows and enhance ROI.
Though many firms run their very own on-premise servers to take care of IT infrastructure, 48% of organizations already retailer knowledge on the general public cloud. When you’re seeking to migrate, the excellent news is it received’t require you to reinvent the wheel. Right here, we focus on the highest 5 questions to contemplate earlier than shifting to Oracle ERP Cloud.
1. Will you have the ability to you entry your cloud knowledge within the format you want?
Earlier than shifting to the cloud, it’s very important to make sure that the data you safeguard is in alignment. When your organization homes knowledge in several types of packages and experiences, it’s inevitable that there can be variations in the way in which it’s introduced.
Earlier than you make the transfer, make sure that your knowledge seems in a constant format. For instance, in your Excel experiences, ensure your columns seem in the identical order throughout the board, as in “identify, deal with, metropolis, state.” If you make your transfer to the cloud, this lets you seek for and entry vital data extra simply.
An alternative choice is to make use of expertise that may interpret knowledge in numerous codecs. Bringing data into a knowledge warehouse could require you to mix supply techniques that aren’t utilizing knowledge in the identical format. For instance, maybe the dates are recorded in a ‘dd/mm/yyyy’ format. Software program like Angles for Oracle doesn’t require you to vary the 1000’s of rows of information your organization shops. As an alternative, it mechanically interprets current data by permitting you to merge knowledge from a number of cases of Oracle ERPs, Salesforce, and different instruments into one central location for reporting and analytics.
2. What number of processes depend on knowledge dumps into spreadsheets?
Most of Oracle’s suite of reporting and evaluation instruments originated from its legacy on-premise software program. Meaning they arrive with all of the sophistication that these instruments developed over time. Though you possibly can export knowledge instantly from Oracle and right into a static spreadsheet, it requires a substantial amount of technical experience, or heavy reliance on IT departments, when it comes time to change or create customized experiences.
For the finance workforce, Oracle’s current out-of-the-box reporting capabilities is usually a complicated mixture of instruments, methods, and capabilities. Deciding on the appropriate instrument for a specific process will be daunting, particularly when many are made for IT and different departments, requiring detailed data of a number of reporting instruments.
Adopting a instrument that works intrinsically with Oracle Cloud ERP is right for guaranteeing a easy transition to the cloud. Software program like Spreadsheet Server which is constructed particularly for finance, accounting, and IT professionals, leverages Excel’s acquainted interface to offer you refreshable, drillable experiences that don’t require you to know Oracle’s row and column units in FSG.
Put together Your Monetary Reporting for a Clean Transition to Oracle ERP Cloud
3. Will your cloud vendor allow you to join any further instruments you require?
Based on Productiv knowledge, the common firm has a formidable 254 SaaS apps – and enterprises have 364. When your enterprise contends with so many alternative shifting components, adopting an answer that works seamlessly with a number of instruments saves time whereas offering much-needed consistency.
Oracle offers native reporting like Oracle’s OTBI instrument, however it solely works with Oracle Cloud Apps. It can not report in opposition to some other knowledge sources. In consequence, the software program is unable to offer an entire image of your monetary and operational knowledge.
Nonetheless, software program like Spreadsheet Server works seamlessly with different instruments. Leveraging the facility of Excel, you possibly can simply look at knowledge from a number of platforms, together with GL and non-GL knowledge.
4. How will you reconcile that your knowledge has efficiently moved to the cloud?
When migrating to the cloud, it’s important to make sure you efficiently and precisely copy current knowledge throughout. To complicate issues additional, Oracle customers typically convert to the cloud in a hybrid state. Some divisions and knowledge are moved to the cloud, for instance the finance division, whereas others, akin to provide chain and HR, stay on-premises.
Backing up knowledge is essential earlier than migration. Preserve servers and knowledge retrievable in case of setbacks guarantee a extra seamless transition.
As soon as the migration takes place, prioritize testing and high quality assurance to ensure you haven’t missed a element. Through the testing section, test whether or not your data has made an entire and correct transfer.
5. If you’re contemplating a partial migration, how will you entry your legacy knowledge sooner or later if wants come up?
Partial migration to the cloud comes with the added complication of getting current data saved within the cloud whereas legacy data stays on-premises. When historical past repeats itself, you want instant entry to historic knowledge, which might take effort and time to extract from a separate system.
Angles for Oracle from insightsoftware present a cloud knowledge warehouse, eradicating the necessity so that you can import legacy knowledge from one other system. Angles offers a central level to entry and analyze data saved throughout a number of places.
insightsoftware works hand-in-hand with Oracle ERP Cloud to bolster your monetary and accounting posture. By shifting to the cloud and taking insightsoftware with you, not solely are you including the benefits of a single supply of fact in your knowledge, however you’re additionally automating very important reporting and analytics. This manner, you don’t have to miss a beat on monetary reporting whereas changing to the cloud, lowering the load in your already overtaxed IT departments.
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