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Cloud ERP Versus the Agony of New Regulations

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Cloud Leader, Week of January 9, 2017 |  Web View
CLOUD LEADER
News and Analysis to Guide Your Strategy
  Oracle
Editor's Note
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Margaret Harrist
Ease the Pain
Regulatory compliance is a headache for every company, and it's particularly painful for small businesses. But the way CREDO Mobile—a company with fewer than 100 employees—is getting ready for the looming ASC 606 protocol accounting rules shows how cloud Enterprise Resource Planning (ERP) can ease the pain of compliance.

To meet the new revenue recognition regulations, CREDO Mobile needed a comprehensive database integrated across ERP and supply chain systems. The company is migrating a range of functions in its finance and supply chain management systems to Oracle Cloud, which will help it be compliant more than a year ahead of the December 2018 deadline.

In this article, learn from CREDO Controller Brian McHugh how this transition to cloud ERP also gives employees more time to support planning, customer needs, and business growth.
— Margaret Harrist, Oracle Content Strategy Director

Video: Qualcomm Innovates and Charges into Oracle ERP
Video: Qualcomm Innovates and Charges into Oracle ERP
More Cloud News
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The Cloud and the DBA  
The Cloud and the DBA
As IT workloads move to the cloud, will all those great database jobs vanish? No way, say database pros who are being asked to broaden the scope of what they do. "I feel more needed," says Michelle Malcher, citing all the compliance concerns her company has as it pulls data from more sources. Watch video of three database experts discussing their changing roles.
Ellison: How Oracle's Database Business Changes (And Doesn't) in the Cloud
When it comes to database workloads, the shift to the cloud has only just begun, but that is starting to change. With its new generation of infrastructure as a service, Oracle lets enables organizations to move workloads with almost no rework of their applications or architecture, mirroring their existing data center's network, server, and storage setup. It's what Executive Chairman and CTO Larry Ellison calls "a graceful, easy lift and shift" to the cloud. Hear more from Ellison on the database cloud shift.
Customer Experience in the Age of Discontent
Why are so many retailers and consumer-product makers failing to keep up with customer expectations? Because they have yet to get control of a dizzying array of complex business processes, from analytics to e-commerce, which should, says Oracle's Bill Deakin, let them meet consumers in their "moment of inspiration." The remedy? Build systems that let marketers be in the moment.
The Future of the Cloud Is Still Ahead, and Oracle Leads the Way
New Issue of Java Magazine
Get Started with Oracle Cloud
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Solution Brief: Connect Finance to the Cloud  Arrow
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Cloud Innovator
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Fedcap Helps America's Most Vulnerable Find Living-Wage Work  
Fedcap Helps America's Most Vulnerable Find Living-Wage Work
Fedcap Rehabilitation Services is developing training programs to help people with special needs land higher-paying jobs—and using the cloud to make it work. By deploying Oracle Database Cloud and Oracle Financials Cloud, Fedcap can pull in ERP data from its on-premises instance of Oracle E-Business Suite to help executives and line-of-business managers "analyze contracts, applicant profiles, and placement histories and then compare these with the new programs that Fedcap is rolling out," says Tom Connolly from Denovo, Fedcap's implementation partner. What's FedCap's next step?
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