Welcome!

News Feed Item

InsightSoftware.com: New Research Encourages Companies to Examine Alternatives to Oracle Stack or Spreadsheets for Business and Financial Reporting Needs

InsightSoftware.com, the makers of the award-winning InsightUnlimitedTM reporting, budgeting and reconciliation solution for Oracle E-Business Suite and JD Edwards, and Bloor Research International today released new research that provides a side-by-side comparison of financial and business reporting tools for Oracle E-Business Suite R12 and 11i. The research compares Oracle stack options, embedded report writers, specialized tools, spreadsheet plug-ins and other business intelligence software against the financial reporting needs of modern business users.

According to the report, “Modern world business users want answers to questions in the short-term and, moreover, they want them in a self-service manner, which means you can ask the questions from your own desktop and without reliance on IT." Using this insight as a guide throughout the firm’s in-depth analysis, Bloor Research Director Philip Howard concluded that spreadsheet plug-ins and reporting options offered by incumbent solution providers may not always be the best option for today’s business users.

“We believe that it is incumbent on forward-thinking companies to examine other options and it is our belief that the sort of solution offered by InsightSoftware.com, that treats the financial reporting process as a whole, rather than as something to be managed piecemeal, is worth serious consideration,” concluded Howard.

Designed specifically for end-users, InsightUnlimited simplifies the entire Oracle EBS reporting process by providing instant access to real-time ERP data and an array of intuitive reporting capabilities. InsightUnlimited also offers users Excel-like usability without having to worry about version control or real-time data issues. These robust capabilities enable InsightSoftware.com to offer EBS users the most comprehensive reporting solution available.

According to Bloor’s research, spreadsheet-based solutions, while seemingly simple, may be “...counter-productive when compared to a solution that works from within the ERP environment.” And while some users may view them as a low-cost alternative,“…we would argue that the remediation required, the additional audit fees and the lack of repeatability means that this is a false economy and that this approach will end up costing you more in the long term.”

Bloor also encouraged business users to examine alternatives to the reporting solutions offered by incumbent solution providers like Oracle, as the specific financial reporting capabilities offered by these providers may not be in direct line with users’ needs. According to the report, “One’s immediate reaction [to Oracle's stack of products] is that it seems like overkill: wouldn’t you prefer to have one product, rather than four or five? Moreover, beyond the complications of managing multiple reporting products, these Oracle products are not well known for how easy they are to implement."

“ERP systems like Oracle E-Business Suite offer an unprecedented view of complex business transitions and situations, and for day-to-day business users they can be cumbersome and fall short in reporting,” said InsightSoftware.com vice president Glenn Wirick. “This research will help users understand what will work best for their specific business needs – especially if they are planning to or recently have upgraded to R12 – so they can leverage their ERP data to transform their finance team from data gathers to strategic business partners.”

To learn more or read a free copy of Bloor Research’s InComparison paper, “A Comparison of Financial and Business Reporting Tools for Oracle E-Business Suite R12 and 11i,” please visit http://bit.ly/BloorEBSreport.

About InsightSoftware.com

Since 2000, InsightSoftware.com has been committed to developing software to help JD Edwards and E-Business Suite customers solve their biggest productivity challenges. InsightUnlimited works directly with ERP software, in real-time, providing end users with a fast, easy way to report, budget, and reconcile. Today, our award-winning software is used by tens of thousands of people from a wide range of industries all over the globe.

Oracle, Oracle E-Business Suite, and JD Edwards are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified – now it's a component-based well-performing framework. This immersive one-day workshop at 18th Cloud Expo, led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and the product company SuranceBay, will provide you with everything you wanted to know about Angular 2.
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
As the rapid adoption of containers continues, companies are finding that they lack the operational tools to understand the behavior of applications deployed in these containers, and how to identify issues in their application infrastructure. For example, how are multiple containers within an application impacting each other’s performance? If an application’s service is degraded, which container is to blame? In the case of an application outage, what was the root cause of the outage?
Peak 10, Inc., has announced the implementation of IT service management, a business process alignment initiative based on the widely adopted Information Technology Infrastructure Library (ITIL) framework. The implementation of IT service management enhances Peak 10’s current service-minded approach to IT delivery by propelling the company to deliver higher levels of personalized and prompt service. The majority of Peak 10’s operations employees have been trained and certified in the ITIL frame...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...