how erp financials cloud applications could save you

How ERP Financials cloud applications could save you from ChaosMonday, February 13, 2017A Presentation by George Kordosis

Same Architecture

Same Standards

Same Products

On Premise

Public Cloud

DEPLOY ANYWHERE

MANAGE ANYWHERE

2

Hybrid Cloud (Combine On-Premise or Private

Cloud with Public Cloud)

Cloud? is a one-way solution

3

Public Clouds

IaaS

SaaSPaaS

INTERNET

INTRANET

• High efficiency• High availability• Elastic capacity

Private Clouds

IaaS

SaaSPaaS

• Used by multiple tenants• Hosted and managed by

cloud service provider• Limited variety of offerings• Lower upfront costs• Simpler to manage

• Exclusively used by a single organization• Large number of applications• Greater control over security, compliance &

quality • Easier integration• CapEx & OpEx

Public Clouds and Private Clouds

Impact of Virtualization (IaaS) Economics: Part 1

Impact of Platform-as-a-Service (PaaS)Economics: Part 2

Scope for Bigger Impact on IT Budget (OPEX)

5

Extended Services

Federal Security Services

Delivered on Customer’s

Premises

Recovery services

E-Security cloud services

Data Marts Files

C.R.M

Other Systems

1

Business Applicati

on 2

Business Applicatio

n 1

2

3

Branch Accounting

EngineCurrent

ERP

7Accounting Systems

6

8

9

MIS Systems

Business Warehouse

Risk Management Systems

Business Applicatio

n 5

4

Business Application

3

Business Application

6Contracts

5

The Current whole ERP system

Collection Systems

Business Application

4

A one way Solution

Enterprise Performance

Reporting Cloud

Account Reconciliatio

n Cloud Service

8

Account Reconciliation Cloud Service is a purpose-built solution for managing the global reconciliation process. It provides real-time visibility into the performance of reconciliations and ensuring that all reconciliations prepared are properly qualified. It also helps companies streamline and optimize performance by automating certain reconciliation tasks and supporting risk-based reconciliation cycles.

The Solution 1

9

The Solution 2

Financial Consolidation and Close Cloud Service provides an end to end solution for both effectively and efficiently managing the consolidation and close process. No matter what the size of company, organizations can have 100% confidence in their financial consolidation, close and reporting processes, ensures that processes are: dependable and correct, timely and transparent, streamlined and efficient and, compliant and auditable.

10

The Solution 3

Enterprise Performance Reporting Cloud is a purpose-built solution in the Cloud for management and narrative reporting. It provides a secure, collaborative, process-driven approach for defining, authoring, reviewing and publishing financial and management report packages for internal and external stakeholders.

Data Marts Files

C.R.M

Other Systems

1

Business Applicati

on 2

Business Applicatio

n 1

2

3

Branch Accounting

EngineCurrent

ERP

7Accounting Systems

6

8

9

MIS Systems

Business Warehouse

Risk Management Systems

Business Applicatio

n 5

4

Business Application

3

Business Application

6Contracts

5

The Current whole ERP system

Collection Systems

Business Application

4

Exadata Database Machine

Exalogic Elastic Cloud

Oracle Account

Reconciliation Cloud Service

Oracle Financial

Consolidation and

Close Cloud Service

Oracle Enterprise Performance Reporting

Cloud

12

Saving 11 FTE’s

Saving 370 k per year from the above FTE’sSaving 80 k per year from external auditors extra jobs

What you can save from those applications

13

Thank You