BizTech Blog

BizTech has analyzed the following modules, and has determined that significant functionality has been added in R12.1.3. Some of the more significant functionality has been backported to older releases, and where appropriate, BizTech has identified the necessary patches.

In 11i, the go-to tool of the financial analyst was Application Desktop Integrator (ADI) – from here, an analyst could format financial reports, drill down on the numbers produced to get journal line detail, enter and upload a journal entry or an entire budget.

With the changes in architecture in R12, ADI is no longer supported, and the functionality provided by ADI has been replaced by other modules. BI Publisher has become the primary report formatting tool, Report Manager delivers report repository functionality (as well as drill-down functionality for FSG reports),and many white-papers and presentations exist for these areas.

It’s 11:45 PM on a Friday night. Hopefully, you know where your kids are but, do you know where your delivery shipments are? Do you have enough inventory on hand to meet your promise dates? Regardless of the industry, all enterprises need access to timely and accurate information to operate effectively. For many organizations, this information is locked up in siloed applications or in the minds of key employees. But, more and more, there is a growing awareness of the need to release this information to those who can best make use of it. We like to call this, Business Intelligence (BI).

Of course, BI is by no means new to the business community. I work with many IT professionals who have been “doing BI” for over a decade. However, there seems to be an increased urgency across all lines of business suggesting that the long cold Winter of disconnected data is over and the Spring of Business Intelligence is finally here. Perhaps your company has already embraced this paradigm shift, adopting standard dimensions for Master Data and developing performance metrics to gauge customer value and operational efficiency. I know that for many of our customers from industries as diverse as the Devereux Foundation, Royal Bank of Scotland and Teva Pharmaceuticals, Business Intelligence has become an integral part of the corporate culture of “managing by fact”. For those companies still new to BI, the prospect of sifting through years of stove pipe development may seem daunting at first (because it is) but one of the benefits of BI is that organizations can implement one subject area at a time, gaining real business value and momentum with each new BI application.

The severity of the recent global recession created extraordinary uncertainty among business executives across all industries and geographies. Executives became increasingly aware of looking for ways to cut costs, and IT budgets were much more scrutinized than in the past. However, this recession experience also created the opportunity to challenge mindsets about managing operations, even finance operations and practices. As a result, many organizations established a strategic agenda that focused on driving the business through this recessionary period with the goal of being stronger after the recession than prior. These organizations focused on creating a strategic agenda that would drive efficiency and productivity while reducing complexity across the enterprise without hindering future growth opportunities. This strategic agenda sought cost reductions and made selected investments that inherently supported these objectives.

Welcome to the BizTech Oracle CRM Blog! The BizTech CRM team and I are looking forward to serving you the finest Oracle CRM information du jour.

Disaster Recovery (DR) is the process an organization uses to recover access to their data, software, hardware that are needed to resume business critical applications after the event of either a natural disaster or planned caused by humans. When a disaster occurs, the Disaster Recovery plan’s aim is to restore an acceptable level of operations with an acceptable recovery time objects. The overall goal of a Disaster Recovery plan is to minimize downtime in the event a disaster occurs.

Disaster Recovery Plans are generally part of a larger, more extensive practice known as Business Continuity Planning. DR plans should be well practiced so that the Business owners are familiar with the specific actions they will need to take should a disaster occur. DR plans must also be adaptable and routinely updated. Apart from the business critical applications availability, The most important component is human capital which is often overlooked by most corporations. Companies tend to assume that their staff will always be available. When a disaster occurs, sickness, disability of a key employee, or even a death, can have a devastating effect on a business. Business needs and the threats to business are constantly changing. New Customers, and software applications as well as changes to Infrastructure components affect Disaster Recovery plan. It is a good practice to update Disaster Recover Plans anytime a significant change is made to critical business process or the IT infrastructure that supports them. At a minimum, its recommended to test and update disaster Recovery plans on an annual basis.

Welcome to the Oracle R12 Financials Blog. The purpose of this blog will be to share information, experiences, best practices, and strategies for implementing, configuring and using the Oracle R12 Financials. My hope is that the content put forth on this site will be useful and informative and hopefully, spur discussion and some debate amongst the readers.

Most KPIs become common sense, once you understand the underlying measures. I want to introduce two important measures that are often ignored by companies. The first measure is: Cost to acquire customers (CAC). To calculate CAC, consider and capture all of costs (Lead generation, Marketing, Sales, Partnerships, Support staff) required to capture a customer. If this proves to be too cumbersome, create a baseline estimate. We can help you derive this just call us.

Hello everyone, welcome to BizTech’s blog for Oracle Application Technologies. As an Oracle Application Developer with over 40 implementations under my belt, I have amassed a large library of white papers, tips, tricks and how to’s. My intent for this blog is to assist all Oracle Application Developers by sharing what I've learned over the last 14 years implementing Oracle.

Business Intelligence (BI) has become a mainstream approach to gain insight into information locked away in corporate operational and financial systems. The drastic reduction in storage costs, consolidation of software tools and availability of skilled practitioners has made BI affordable and cost-justifiable for both large and medium-sized organizations alike. Gone are the days where projects included a seven figure price tag and upwards of a year to complete.