I often get this question from various IT people: "Why do business analysts like fancy dashboards?"
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Financial managers in all industries need to be aware of the health of their organization as well as the health of the processes that enable sound financial management. In this article, I will outline some basic metrics that can be used to identify and evaluate the health and efficiency of the accounting and finance function as well as the financial health of the organization.
While it is true that specific metrics can vary across industries, in this article we will address metrics and concepts that can be applied across most industries.
The metrics to be discussed will be broken up into the following categories:
With many technology options available and the degree of complexity involved in the related business processes, it can be difficult to define an efficient architecture for enterprise management reporting across the organization. This article outlines some best practices for enterprise management reporting.
The health of a business' finances is the strongest determinant of whether the company is thriving or in dire straits. It is for this reason that paying close attention to key finance metrics is an absolute necessity. If business leaders are consistently implementing these metrics and they discover that their business' finances are off track, then they can make adjustments before it is too late do do anything.
Providing actionable business intelligence across the enterprise to enable informed decision-making and streamlined business processes is an obtainable goal. Often the challenge is determining where to start, how to select trusted advisors, how to form your team, and how to set user expectations.
Tags: Data Warehousing, Webinar, Sid Goel, Financial Analytics, Oracle, Business Intelligence, Oracle BI, Oracle BI Applications, Examining OBIA 11g, Book, Simon Miller, William Hutchinson, Human Resource Analytics, Blog
What is Snapshot data?
Snapshot data is a copy of business data preserved at some point-in-time. In some cases we may not be able to recover older snapshot data from the current data sets because we need to preserve snapshots at regular (scheduled) intervals for historical analysis.
Tags: Data Warehousing, Financial Analytics, Oracle E-Business Suite, Prabu Varatharaju, Informatica, Business Intelligence, Tutorial, Oracle BI, Oracle BI Applications, Examining OBIA 11g, Oracle Data Integrator (ODI), Blog
As part of KPI's web series on Examining Oracle BI Applications 11g, Myles Gilsenen examines what is new in the Budgetary Control area Oracle's Financial Analytics 22.214.171.124.1.
As part of KPI's web series on Examining Oracle BI Applications 11g, Myles Gilsenen examines what is new in the Employee Expenses area Oracle's Financial Analytics 126.96.36.199.1.
As part of KPI's web series on Examining Oracle BI Applications 11g, Pavan Nanjundaiah examines what is new in Oracle's Financial Analytics as it relates to Holds & Discounts. Areas of discussion include:
As part of KPI's web series on Examining Oracle BI Applications 11g, this short video provides a brief overview of the new release of the Oracle BI Applications. Areas of examination for this session include:
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