This is huge! When I first shared this news with a data integration colleague, his reaction was “wow, this is the best thing I have heard the entire week!” (and it was Friday afternoon). Oracle announced at Kscope19 in June that they are soon going to release an on-premise integration agent for EPM Cloud that … More
I am just back from Kscope19, and it was so rich in content that I couldn’t wait for the plane to reach the altitude where I could take out my laptop and start writing this. And there will be more posts in the near future about the new and roadmapped features and all the other … More
Many Oracle EPM Cloud customers have heard about Supplemental Data, not so many have actually used it. This post aims at demystifying Supplemental Data, with a concrete but simple business example. What is QBAI? QBAI stands for Qualified Business Asset Investment. It is a concept used in the calculation of the GILTI and FDII adjustments … More
If you are going to OpenWorld this week, here is what you can expect to hear about the future of EPM Cloud, FCC and TRC. This post is the second episode of the series, the first was strictly about on-premise. I started drafting this post on my long flight back from Kscope18 in June. So … More
If you are going to OpenWorld this week, here is what you can expect to hear about the future of on-prem EPM and Financial Close. I had started drafting this post on my long flight coming back from Kscope18 in June. So the information is a few months old but should still be mostly true. … More
If you are familiar with HFM, there are not many places where calculations can be defined. You can have some aggregation logic in the hierarchies and member properties, but other than that all calculation logic is defined in the “rules file”. The other characteristics of HFM calculations is that you have to write everything; when … More
For this first post, let’s start with the news — Late 2017, the US statutory rate went from 35% to 21% (a 40% drop). There are many other aspects of the tax reform that impact corporations, we may discuss these in future posts. For now, we will focus only on what happens when we change … More
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