BizTech Blog

Stephen Goldsmith

Stephen brings over 20 years of experience in helping organizations achieve a competitive advantage through improvements in business processes and information systems. With a history of building custom data warehouse solutions as far back as the early 90’s, Stephen has helped countless organizations uncover business knowledge from the vast amounts of data hidden in their operational manufacturing, financial, sales, marketing and project management systems. Stephen joined BizTech in 2010, as the Director of Business Intelligence and Analytics. His role builds upon the growing Business Intelligence market and positive results BizTech has experienced with Oracle’s packaged Business Intelligence applications.
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Recent Posts

Unlock the Power of Your Data with OBIA

Author: Stephen Goldsmith Date: Sep 29, 2014 9:22:14 AM

Categories: Oracle Business Intelligence

Oracle Business Intelligence Applications (OBIA) is a set of comprehensive pre-built solutions built on top of the Oracle Business Intelligence platform. The solutions allow organizations to rapidly deploy business intelligence throughout an organization without the traditional cost and time associated with defining, designing and developing a custom data warehouse, ETL, metadata, reports and dashboards.

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BizTech’s Oracle Experts Present at Oracle OpenWorld 2014

Author: Stephen Goldsmith Date: Aug 29, 2014 2:27:00 PM

Categories: Oracle Business Intelligence, Oracle Sales Cloud

If you plan to attend Oracle OpenWorld 2014 in San Francisco, California don’t miss BizTech’s numerous educational Oracle Cloud sessions. Oracle OpenWorld 2014 will be held on September 29 – October 2, 2014.

Each BizTech presentation will focus on various areas of Oracle Cloud Applications and will be delivered by Oracle Cloud experts. 

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Oracle Business Intelligence Caching Strategies

Author: Stephen Goldsmith Date: Apr 23, 2014 1:05:34 PM

Categories: Oracle Business Intelligence

Out of the box Oracle's caching strategy is to let cache exist for an unlimited amount of time.  This is cleared out when the server is bounced.  This is almost never an ideal situation, so there are two options, each is available for individual reports. 

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BizTech Presents 10 sessions at COLLABORATE 14

Author: Stephen Goldsmith Date: Mar 27, 2014 12:12:00 PM

I am pleased to announce that BizTech will sponsor and present at the annual Oracle users conference COLLABORATE 14 - taking place in Las Vegas from April 7-11, 2014 at the Venetian and Sands Expo Center.  

This is a once-a-year opportunity to connect with the members of not one but three Oracle users groups (OAUG, IOUG, and Quest) as well as with the top names and faces in the Oracle community.

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OBI Won! Utilizing Oracle Business Intelligence with Oracle E-Business Suite

Author: Stephen Goldsmith Date: Feb 7, 2014 2:35:00 PM

Categories: Oracle Business Intelligence, Oracle E-Business Suite

In Star Wars, a New Hope, (the original one, not the sequels, or, gasp, the prequels) Darth Vader meets Obi-Wan Kenobi for what will likely be the last time, a duel of two former best friends. “I’ve been waiting for you Obi-Wan,” he hisses, and proceeds to quickly defeat poor old Obi Wan Kenobi, sending him to meet the Force. So when the two clashed swords (well, technically, light sabers), Vader won and Obi lost.

In the real world (where my mind sometimes resides) I’m often confronted by clients telling me that Oracle EBS, while the number one ERP system in the world, can be a little cumbersome when trying to perform financial analysis. Say I want to review my all of AP invoices, then further sort by one specific vendor, on one specific date and even by one specific location. Essentially I want to know who quickly are we paying our vendors, who is lagging and what are the details? Also, I’d like to export in Excel or PDF and maybe do some more analysis there.

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How Financial Automation Turns CPAs & Controllers Into Financial Close Superheroes

Author: Stephen Goldsmith Date: Jan 31, 2014 1:25:00 PM

Categories: Hyperion EPM



Tell me if this sounds familiar, just around the start of holiday preparation (say mid-November) while the rest of the world is thinking about filling their pantries with holiday goodies, gifting, and family, you feel the buildup of annual stress and pressure due to the financial year-end close looming overhead. In mid-December the fire drill begins and you are in the thick of your company’s annual financial close.

When it’s all said and done in February, you get an email from your CEO to discuss your manual reconciliation process. The conversation quickly turns into a debate about the financial close results and data that (of course) can’t be aggregated very easily. The CEO also expresses concerns about issues potentially lingering within the reconciliations. Ugh, what a nightmare!

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Torn Between Two LIFOs: Financial Consolidation and Oracle HFM

Author: Stephen Goldsmith Date: Oct 31, 2013 4:03:06 PM

Categories: Hyperion EPM

If you’ve ever read any of my blogs before, you are aware that I am a music fanatic. While late 60’s and 70’s classic rock holds a particular appeal to me, I’m not ashamed to say that 70’s lite music also has its place in my heart. Hearing old softies like “Torn Between Two Lovers” by Mary MacGregor (yes, really), can often brighten an otherwise long day, one sadly spent not using an Oracle Hyperion EPM Tool.

In “Torn Between Two Lovers,” our singer is in quite a pickle, being in love with two different people at the same time, all the while knowing that sooner or later she must make a choice. Loving them both is breaking all the rules, she tells us. And so it is.

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Business Intelligence Tools: Build or Buy?

Author: Stephen Goldsmith Date: Oct 1, 2013 12:33:00 PM

Categories: Oracle Business Intelligence, BizTech Insight Accelerator

The Case for Pre-Built Oracle OBIEE Business Intelligence Applications

The need for instant, meaningful data has lead companies to finally realize the need to implement a Business Intelligence Solution. The days of the Excel spreadsheets, of hard coded Daily Flash Reports, or Access based sales metrics have at last disappeared over the Horizon. Good bye, old friends, you served us well! Now it is time to look to the future.

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New Features in Oracle Hyperion Planning

Author: Stephen Goldsmith Date: Sep 4, 2013 3:43:00 PM

Categories: Hyperion EPM

Released in the Spring of 2013, the latest release of Hyperion Planning has numerous new features to allow for an enhanced user experience with a more simplistic feel. We can now say after Hyperion Planning has been out on the market for a few months that these enhancements are real and they’re spectacular!

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Top 4 Ways Business Intelligence Improves Your Bottom Line

Author: Stephen Goldsmith Date: Jul 30, 2013 4:40:55 PM

Categories: Oracle Business Intelligence

Most of us know that the purpose of Business Intelligence is to turn raw data into usable, meaningful information to help organizations make faster, easier decisions. However, more and more CFOs and organizations are now realizing the substantial impact Business Intelligence can also have on the bottom line.

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