Oracle Cloud offers a broad portfolio of software as a service applications, platform as a service, and social capabilities, all on a subscription basis. Oracle Cloud delivers instant value and productivity for end users, administrators, and developers alike through functionally rich, integrated, secure, enterprise cloud services.
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

Subscribe to the OracleAppsHub to receive notifications when there are new posts:

 get RSS feed
 Oracle Fusion Applications (OFA) is a portfolio of next generation suite of software applications from Oracle Corporation. It is distributed across various product families; including financial management, human capital management, customer relationship management, supply chain management, procurement, governance, and project portfolio management
 Get a Free Magzine ...Profit:The Executive's Guide to Oracle Applications

A Primer For Finance Professionals- Blockchain

Posted on September 6th, 2017 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Blockchain technology has created waves around the World, bringing transparency and massively reducing costs in sectors like Banking, Finance, Logistics and Manufacturing, among others. And this is only the beginning...

What is blockchain? And what are the potential implications for finance?

Great primer

Posted in Emerging Technologies | No Comments »

ASC 606 and IFRS 15 Revenue Recognition automation

Posted on September 1st, 2017 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Do you know , there have been multiple acquisitions and announcements in the revenue recognition space as IT vendors ensure that they can support the ASC 606 standard including:

  • Intacct’s May 2016 announcement as the first automated ASC 606 solution
  • Zuora’s May 10th, 2017 acquisition of Leeyo
  • CallidusCloud’s May 24th, 2017 acquisition of RevSym
  • Aptitude Software (Microgen plc) , On August 31st, 2017 Acquires RevStream

One wonders how long revenue recognition vendors Softrax will remain available on the market!

Moreover , EBS customer can think for exexistance possibility with Oracle Revenue Management Cloud , which is a centralized, automated revenue management product that enables you to address the ASC 606 and IFRS 15 accounting standard for Revenue from Contracts with Customers.

ERP vendor like SAP and Netsuites also have seprate module to support ASC 606 and IFRS 15.

Posted in ASC606 | No Comments »

Page 1 of 11