Whether or not your objective is to leverage the latest expertise or to remain updated along with your Oracle ERP, migrating to the cloud is a fancy, however worthwhile endeavor. It requires time to put in, practice, and embed new processes, however the effort is rewarded by the flexibility to leverage extra agile workflows and enhance ROI.
Though many firms run their very own on-premise servers to keep up IT infrastructure, 48% of organizations already retailer information on the general public cloud. When you’re seeking to migrate, the excellent news is it gained’t require you to reinvent the wheel. Right here, we focus on the highest 5 questions to think about earlier than shifting to Oracle ERP Cloud.
1. Will you be capable to you entry your cloud information 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 information in several types of applications and experiences, it’s inevitable that there will probably be variations in the best way it’s introduced.
Earlier than you make the transfer, make sure that your information seems in a constant format. For instance, in your Excel experiences, be sure that your columns seem in the identical order throughout the board, as in “identify, handle, metropolis, state.” If you make your transfer to the cloud, this lets you seek for and entry important data extra simply.
An alternative choice is to make use of expertise that may interpret information in numerous codecs. Bringing data into an information warehouse might require you to mix supply techniques that aren’t utilizing information 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 alter the hundreds of rows of knowledge your organization shops. As a substitute, it robotically interprets current data by permitting you to merge information 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 information dumps into spreadsheets?
Most of Oracle’s suite of reporting and evaluation instruments originated from its legacy on-premise software program. Which means they arrive with all of the sophistication that these instruments developed through the years. Though you’ll be able to export information immediately 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 group, Oracle’s current out-of-the-box reporting capabilities is usually a complicated mixture of instruments, strategies, and capabilities. Deciding on the precise device for a selected job could be daunting, particularly when many are made for IT and different departments, requiring detailed information of a number of reporting instruments.
Adopting a device 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 grasp 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?
In keeping with Productiv information, the common firm has a powerful 254 SaaS apps – and enterprises have 364. When what you are promoting contends with so many various shifting elements, adopting an answer that works seamlessly with a number of instruments saves time whereas offering much-needed consistency.
Oracle supplies native reporting like Oracle’s OTBI device, however it solely works with Oracle Cloud Apps. It can’t report towards another information sources. In consequence, the software program is unable to offer an entire image of your monetary and operational information.
Nevertheless, software program like Spreadsheet Server works seamlessly with different instruments. Leveraging the facility of Excel, you’ll be able to simply study information from a number of platforms, together with GL and non-GL information.
4. How will you reconcile that your information has efficiently moved to the cloud?
When migrating to the cloud, it’s important to make sure you efficiently and precisely copy current information throughout. To complicate issues additional, Oracle customers typically convert to the cloud in a hybrid state. Some divisions and information are moved to the cloud, for instance the finance division, whereas others, akin to provide chain and HR, stay on-premises.
Backing up information is essential earlier than migration. Preserve servers and data retrievable in case of setbacks guarantee a extra seamless transition.
As soon as the migration takes place, prioritize testing and high quality assurance to be sure to haven’t missed a element. Throughout the testing part, verify 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 information 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 fast entry to historic information, which may take effort and time to extract from a separate system.
Angles for Oracle from insightsoftware present a cloud information warehouse, eradicating the necessity so that you can import legacy information 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 some great benefits of a single supply of fact to your information, however you’re additionally automating very important reporting and analytics. This fashion, you don’t must miss a beat on monetary reporting whereas changing to the cloud, decreasing the load in your already overtaxed IT departments.