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Top 5 Ways Bizview Enhances Wands for Oracle

insightsoftware -
March 18, 2022

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.

22 03 Blog 5waysbizviewenhanceswandsfororacle Website

Doing more of the work you want, rather than must, is always the dream. And it’s just plain good business. However, many financial professionals feel that they get bogged down trying to find and connect data, rather than focusing on strategic insights.

Growing organizations with multiple users and a distributed workforce frequently find that many of their top talent spend too much time on tedious and repetitive manual processes. Their hours are lost reconciling expenses, consolidating data in spreadsheets, or validating that a journal entry posting matches up to their budget. This leads to inaccuracy, slow budgeting and planning (B&P) cycles, and lack of control over the planning process. Far from the intended role of financial professionals to provide insights that help shape the direction of the entire organization.

Wands has helped you work on more of what you want. Offering an easy, self-service reporting for Oracle E-Business Suite, Wands builds you refreshable reports, with real-time, drillable data, without having to understand Oracle’s row and column sets in FSG. Supporting and accelerating your daily reporting activities with easy access to your EBS data in Excel, Wands offers Deep integration that leverages the Oracle data dictionary. This means Wands does the heavy lifting for table joins, queries, and calculations leading to fast, accurate reporting with no technical knowledge required.

You’ll want to keep building efficiency into your process. To reach your dream of freed up hours requires knowing the right ways your finance team can improve. This means enhancing your budgeting and planning so your process is efficient end to end.

Smart Choice

Enter Bizview! Alongside Wands for Oracle, Bizview brings insightsoftware’s ERPsmarts to your budgeting and planning process. This increases reporting speed, improves collaboration, and simplifies processes to drive smarter decisions from more accurate data. Bizview is an integrated, web-based budgeting, planning and forecasting solution that offers solid, self-service reporting, dashboards, and analytics. It keeps you connected in near real-time to all your data sources and links forecasts and actuals from for variance analysis.

Together, Bizview and Wands for Oracle bring planning data from your ERP into a controlled planning database giving you the best of both flexibility and control. Defined, auditable workflows, pre-built, out-of-the-box content, and a familiar Excel like interface will get you up and running fast. You’ll experience increased planning cadences, better budget and forecast accuracy, improved collaboration, and simplified processes to drive smarter decisions from more accurate data.

Top Five Reasons to Choose Bizview

Here are the top five reasons you as a Wands for Oracle customer will want Bizview:

Control Over Your Planning Process. Disconnected, rigid planning processes are manual, slow, and hard to control and have no built-in tracking or auditability. Bizview’s defined, yet flexible planning workflows bring structure, order, and auditability to B&P, and increases the speed of planning cycles.

Easily Bring Data From Multiple ERP and Non-ERP Data Sources Into Your Planning Process. Hard to access data locked in ERP and non-ERP sources make it difficult to bring the data you need into the planning process. Bizview can connect to almost any data source so you can bring the data you need into your planning process beyond what’s in Oracle EBS.

De-risk implementation With Proven EBS Interface. Attempting to connect data from different systems without deep knowledge of ERP data structures is slow and expensive, with a high risk of failure. Establishing connectivity, data mapping, modelling security and identifying business rules are often some of the riskiest and most time-consuming parts of implementing software for finance teams. Choosing a vendor like insightsoftware who has already done it for your ERP and industry is the least risk approach.

Scalability. Business can change direction quickly. This can be from external factors, or because a growth opportunity was identified, and you’ll want to act fast. Bizview will help you easily scale your solution by adding more users, additional entities, and new planning areas, without requiring technical expertise. Streamline communication and collaboration across your organization with integrated workflows, analytics, and dashboards. Gain more control with built-in multilevel approvals and workflows that allow you to track the planning process without having to chase users back and forth through email. Boost productivity and reduce errors with powerful spread rules, system-proposed forecasting based on actuals and other variables, and automatic consolidation of data.

Take Your Business to the Next Level. Is your planning process set up for long-term success? If your team is unable to model and test scenarios to best forecast sales and cashflows, you run the risk of missing opportunities for strategic growth. This inability to accurately locate data (such as working capital) leads to business inefficiencies. Bizview and Wands for Oracle gives you the ability to see the big picture and envision what their success will look like tomorrow. Allows you smart, flexible data to work for you so your goal setting can be clear and focused, and you’ll be able to measure progress and track achievements.

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5 Reasons Bizview is the Right Planning and Budgeting Solution for Oracle EBS

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