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Thomas Simkiss

Tom has more than 14 years industry and consulting experience, with roles in more than two dozen packaged software implementations, as well as experience with business process redesign and SOX compliance reviews. Tom’s specific areas of Oracle knowledge include releases 10.7 through 12.1 in Financials, Manufacturing, Project Costing and Billing, Oracle Business Accelerators, Discoverer 3.x through 10g, Reports 6i through 10g and OBIEE. Prior to joining BizTech, Tom co-founded Delphi Technology Group, Inc., a Philadelphia based IT and management consulting organization that merged with BizTech in October 2002. Tom is a member of the executive team at BizTech filling the role of COO and executive sponsor for the Finance Practice. Tom earned a Juris Doctorate from Temple University School of Law and is a CPA in the State of New Jersey.
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Recent Posts

Get the ultimate Collaborate 15 education session package

Author: Thomas Simkiss Date: Apr 23, 2015 11:34:00 AM

Categories: Oracle Cloud Applications

Do you miss the largest Oracle Users conference last week? We’ve got you covered.

Last week Oracle users converged in Las Vegas, Nevada to share the latest insights, best practices, tips and resources during Collaborate 15, an annual Oracle Users Group Conference.

Produced by three independent users groups, OAUG, IOUG, and QUEST, Collaborate 15, is a Technology and Applications forum created exclusively for the Oracle Community.

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Is your accounting software hampering company growth?

Author: Thomas Simkiss Date: Apr 21, 2015 10:25:00 AM

Categories: Oracle Cloud Applications

If your company is like most small or medium sized businesses, you probably began and continue to manage finances with accounting software like QuickBooks, Zoho Weave or Freshbooks. While these products can be useful for very small organizations with simple operating procedures and accounting requirements, they can severely hamper the productivity and efficiency of growing companies with more complex requirements.  

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5 Reasons Why Financial Professionals Embrace Financials in the Cloud

Author: Thomas Simkiss Date: Sep 16, 2014 3:03:00 PM

Categories: Oracle Cloud Applications

“You go to war with the army you have,” former Defense Secretary Donald Rumsfeld famously remarked, “not the army you might want or wish to have.” 

The same can be said about today’s business landscapes and the role of modern finance. As you know, modern financial professionals certainly cannot choose or wish away the health of today’s current economic climate. However, they can choose to empower fellow finance teammates with winning strategies and tactics to outmaneuver the competition.

Pace-setting financial departments have embraced financials delivered in the cloud to do just that.  How are they excelling, you may ask? 

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Understanding Allocations in Oracle Cloud Financials

Author: Thomas Simkiss Date: Sep 4, 2014 1:17:00 PM

Categories: Oracle Cloud Applications

The Oracle Cloud Financials application has been available for a little over three years.  Oracle Cloud Financials is largely built on the strong and sturdy bones of Oracle E-Business Suite enhanced with the pre-built and integrated power of Oracle Essbase. Oracle Essbase is an analytical modeling software that provides a powerful environment for financial reporting, analysis, and business intelligence.  Combining the power of both products allows users to easily perform on the fly ad-hoc queries. 

For many Oracle E-Business Suite users (EBS), the move to Oracle Cloud Finanicals is quick and seamless.  Recent changes made to the Oracle Cloud Financials user interface (UI) and reporting capabilities allows for quicker access to information, greatly enhanced the overall user experience.  

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AGIS - Still a mystery

Author: Thomas Simkiss Date: Nov 13, 2013 12:10:55 PM

Categories: E-Business Suite

Hello all, been quite a while since I have last posted. I generally try to keep my posts related to past presentations that I have done or things I am currently working on. I have two active engagements right now where the client is actively using (or trying to use) AGIS or Advanced Global Intercompany System in Oracle R12 and yet my clients rarely understand what AGIS is or how it should be used.

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Top 5 Reasons Why Oracle E-Business Suite Upgrades Are Unsuccessful

Author: Thomas Simkiss Date: Oct 23, 2013 9:18:59 AM

Oracle E-Business Suite R12 is a mission-critical application that could turn your Oracle investment into revenue during a very short period of time. But, with any complex application, considerable time and attention should be devoted to maintaining, improving, and optimizing core business applications to ensure your organization is realizing value.

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BizTech Offers Access to R12 Vision Instance

Author: Thomas Simkiss Date: Mar 16, 2012 1:54:41 PM

Categories: E-Business Suite

If you've been waiting to take Oracle E-Business Suite for a test drive, now is your chance!

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Multi-Period Accounting in SLA

Author: Thomas Simkiss Date: Feb 28, 2012 1:21:59 PM

Categories: E-Business Suite, Oracle Application Services

Multiperiod accounting is a flexible, powerful tool available with Release 12 of the Oracle e-Business Suite which allows users to systematically record accounting entries across multiple periods. This post will focus on real world applications of this functionality, and present the detailed steps required to implement the functionality within Payables and Purchasing.

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Multi-Period Accounting using SLA

Author: Thomas Simkiss Date: Oct 18, 2011 3:00:01 PM

Categories: E-Business Suite, Oracle Application Services

Multiperiod accounting is a flexible, powerful tool available with Release 12 of the Oracle e-Business Suite which allows users to systematically record accounting entries across multiple periods. This blog entry will focus on real world applications of this functionality, and present the detailed steps required to implement the functionality within Payables and Purchasing.

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Intercompany / Intracompany Accounting in Oracle R12

Author: Thomas Simkiss Date: Aug 22, 2011 3:41:43 PM

Categories: E-Business Suite, Oracle Application Services

If you are using R12 you may have encountered a requirement to setup all your legal entities with intercompany accounting for each. That is, for each legal entity, whether your setup requires that you configure intercompany relationships for each entity you have, or you are able to use the all other setup, it can still be a lot of work to configure.

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