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Get the Most Out of Your Oracle Cloud Investment

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insightsoftware is a global provider of reporting, analytics, and performance management solutions, empowering organizations to unlock business data and transform the way finance and data teams operate.

23 05 Blog Getthemostoutofyouroracleclouderpinvestment Website

Finance teams who struggle to meet the demand for recurring operational reports are increasingly adopting Oracle ERP Cloud for ease of access to real-time data. While Oracle ERP Cloud offers a multitude of features that will accelerate your reporting efforts, you should consider additional support to ensure that you are getting the most out of your investment.

Challenges with Existing Operational Reporting Tools

Oracle Cloud users love having easy access to real-time data when creating operational reports, but there are some downsides to the native ERP reporting tools. Why are nearly 90% of teams unhappy with their operational reporting tools?

Reporting is slow. Building custom reports takes time. Out-of-the-box reporting rarely covers specific organizational needs when it comes to operational reporting. The burden of creating and modifying these reports falls on IT, resulting in long lead times for custom-built reports and a lack of operational visibility for the organization.

63% of IT decision makers find that Finance is over-reliant on IT.

Reporting is complex. Creating custom operational reports with Oracle Cloud applications requires deep technical knowledge and skill. Organizations must understand how to extract complex data on a regular cadence and present the reporting to end users to manipulate through an interactive BI tool.

62% of IT decision makers have encountered challenges with native ERP reporting.

Reporting is inflexible. Out-of-the-box reporting is inflexible. It’s hard to quickly grasp the meaning of operational data when it’s presented in a tabular form that has no real interactivity or drill-down capability to be able to analyze and investigate issues and variances. Users struggle to tailor reports to fulfill the needs of their audience, and they require deep technical expertise to be able to self-serve.

98% of IT decision makers distribute reports via a static PDF.

Angles Professional for Oracle Makes Reporting Quick and Easy

insightsoftware is excited to present Angles Professional for Oracle, an out-of-the-box solution that helps address these reporting challenges for Oracle Cloud users.

insightsoftware manages Angles Professional for Oracle on behalf of your organization. Angles connects directly to Oracle Cloud and copies the Oracle data to an insightsoftware database on a near-real-time basis. With Angles product management from insightsoftware you can update your data as often as every hour to ensure the data you’re working with the latest information.

Angles Professional for Oracle is designed to accelerate your Oracle Cloud reporting. With its fast time to value, organizations can be up and running immediately. It is web-based, easy to access, and low code.

Angles Professional for Oracle connects directly to your Oracle Cloud instance, but it can also connect to other data sources within your organization. This allows you to combine your Oracle Cloud data with other data from within the business so you can view the bigger picture.

Angles hosts our Oracle Cloud Smarts – business views and dashboards that have been purpose-built for Oracle Cloud applications. Oracle Cloud Smarts is insightsoftware’s library of easily accessible pre-built content, including business views and dashboards. This content is ready to use out of the box and can be easily customized as needed. Oracle Cloud Smarts gives you a fast start with content that is fully compliant with Oracle’s quarterly upgrades and always up to date. Our rich visualizations, including tabular and pivot reporting, are ideal for presenting financial and operational reporting data.

Angles is a highly intuitive BI tool with easy-to-use data models that help you realize the promise of self-service BI. The time to value is short, and users can truly self-serve after minimal training. The ability to drill down through many levels of data to transactional details allows them to seek answers to critical business questions. Users can create and manipulate dashboards with drag-and-drop capability, creating operational reports which can be shared with ease.

What to Expect from Angles Now and in the Future

Angles Professional for Oracle will be launching with pre-built content relating to Accounts Payable, Accounts Receivable, Procurement, and General Ledger. insightsoftware will continually develop our Oracle Cloud Smarts, extending coverage across the most common reporting tasks. Our content roadmap with be influenced and prioritized in accordance with the needs of you, our customers.

Look forward to the following pre-built content to be added to Oracle Cloud Smarts over the remainder of 2023:

  • Receiving
  • Employee Expenses
  • Cash Management
  • Fixed Assets

The content roadmap for Angles Professional for Oracle will be constantly reviewed and evaluated to guarantee that insightsoftware is providing content that meets the needs of our customers.

Angles Professional for Oracle is designed to accelerate the distribution of actionable operational data. Working with a broad library of extensible content covering common reporting needs and connecting directly to source data, finance teams can create and share rich, interactive reports and dashboards without depending on IT. You will benefit from fast, self-service access to up-to-date operational information to aid your day-to-day decision making.

To learn how Angles Professional for Oracle can enhance your cloud investment, schedule a demo today.

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