SlideShare a Scribd company logo
1 of 19
Oracle Fusion v/s Workday
Mayda Barsumyan, CEO of Business Escalation Inc.
Mitchell Fass, Executive Vice President of Starpoint Solutions, LLC
Introduction / Agenda
Business Escalations, Inc. (BE) was founded in
2006 and incorporates over 20 years of
experience into a fully integrated solution
that looks at a company’s entire financial
management operation. We use our unique
approach to strategize with your current
team to ensure all departments within the
process are working together towards the
goals of the organization.
Business Escalation specializes in source to
cash, treasury management, strategic
financial solutions, business process
evaluation and re-engineering, vendor
management, mergers and acquisitions, and
Oracle Business Intelligence.
Starpoint Solutions, LLC is a Professional
Services firm with 15 offices globally,
including a local office in Chicago, and HQ in
NY. Our ERP group performs evaluations,
implementations and upgrades of ERP
packages .
Our ERP & Cloud Services Core competencies
are in the following areas :
 Oracle (EBS, PeopleSoft, JD Edwards,
Fusion – and point solutions – Hyperion,
Siebel, Taleo, etc..)
 Cloud Services ( Workday,
SalesForce.com, and ServiceNow)
 Within the core ERP packages, we
structure our resources into the following
four areas- by application cluster:
 Financials
 HCM
 SCM (a large category, that includes
all Manufacturing/Supply Chain
modules, and CRM and BI as well)
 GRC (Governance, Risk, and
Compliance)
3
Oracle Fusion is enterprise resource planning software applications from Oracle
Corporation.
Distributed across various product families, Fusion includes:
• Financial Management
• Human Capital Management
• Customer Relationship Management
• Supply Chain Management
• Procurement, Governance
• Project Portfolio
Workday, Inc. is an on-demand (cloud-based) software vendor. Workday
features:
• Human Capital Management
• Financial Management
• Analytics Applications
Oracle Fusion v/s Workday Capital Management
4
The pros of Oracle Fusion
Complete
Oracle provides core HR functions, recruiting and end-to-end talent
management
Workday requires that you buy additional products that plug significant gaps
In-Context Analytics
Not all of Workday's analytics tools are built-in
Predictive Insights
Receive warnings if your top talent is a flight risk.
Workday provides a rear-view mirror.
Talent Management
The leading recruiting + performance management, as recognized by industry
analysts.
Workday = not even ranked
Oracle Fusion v/s Workday Capital Management
5
Oracle Fusion v/s Workday Capital Management
The pros of Oracle Fusion
Collaborative Learning
Self-study, instructor-led, and collaborative, with discussion forums and chats
Workday = nothing
Upgrades, On Your Schedule
Workday forces you to upgrade when it's convenient for them
Social Built-In
Collaborate across the workplace as well as sourcing through social channels
like LinkedIn
End-to-End Recruiting
Oracle has a track record of 300,000,000 job applications over 10-plus years
Workday is just starting out
6
Oracle Fusion v/s Workday Capital Management
Oracle Fusion Workday
Core HR in the Cloud NOW Now
Next Generation UI NOW Now
In-Context Analytics NOW Promised
Predictive Insights NOW Promised
Talent Management NOW Limited
Social Sourcing NOW Limited
End-to-End Recruiting NOW Limited
Collaborative Learning NOW Promised
7
Oracle Fusion Financials v/s Workday
Feature Benefit
Oracle Fusion
Financials
Workday
Unique reporting platform
that is natively built on top
of a multi-dimensional data
model
Gain real-time information
to live financial data
NOW NOW
Store large quantities of
data that can be accessed
quickly
NOW Limited
Quickly analyze data across
multiple business
dimensions, complete with
drilldowns across hierarchies
and to the underlying
transactions
NOW Limited
Simultaneous accounting of
multiple reporting
requirements
Comply with global
accounting standards and
multiple legislative, industry
or geographic requirements
NOW Limited
8
Oracle Fusion Financials v/s Workday
Feature Benefit
Oracle Fusion
Financials
Workday
Role-based dashboards and
Work Areas across all
Financial products
Automatically push work
and transactions that
require attention to users
from a central location
NOW Limited
Immediately take action to
resolve issues without
having to navigate to
separate pages
NOW Limited
Eliminate the need to run
multiple queries or search
for data; users know
exactly what they need to
do the moment they log on
NOW NOW
Embedded transactional
intelligence
Complete transactions with
greater accuracy and
efficiency with access to the
most current information
within the context of the
transactions
NOW Limited
9
Oracle Fusion Financials v/s Workday
Feature Benefit
Oracle Fusion
Financials
Workday
Extensive spreadsheet
integration across finance
functions
Save on training costs NOW Limited
Increase productivity when
handling large data
volumes
NOW Limited
Export results from any
transactional table or
report to more easily view
large amounts of data for
easier analysis
NOW NOW
Embedded Collaboration
Instantly communicate with
initiators or approvers with a
single click
NOW NOW
10
Oracle Fusion Financials GL Benefits
Feature Benefit
Real-time Updates to
Embedded
Multidimensional
Data Model
Ensure timely and accurate information with real-time updates
Quickly analyze and report on balances that are pre-summarized at every
possible summarization level in the chart of accounts hierarchy
Eliminate the need to have multiple systems or data warehouses
General Accounting
Dashboard
Have a comprehensive view of journals requiring attention, intercompany
transactions that are incomplete, account balances that have exceeded
their thresholds, and the close status of subledgers and ledgers from a
central place
Push information across areas in one place
Close Status Monitor
View the close status across subledgers and ledgers from a central
location
View the reasons of outstanding subledger transactions, complete with
drilldowns to originating transactions
11
Oracle Fusion Financials GL Benefits
Feature Benefit
Account Monitor
Continuously be alerted to sudden changes in account balances in
real-time based on thresholds you define
Quickly drill down through multiple levels of summarized balances,
view perspectives of the balance, and drill back to the originating
transaction to investigate the root cause
Date-Effective Account
Hierarchies
Maintain multiple versions of your account hierarchies
Report on different hierarchy versions for comparison purposes and
what-if analysis
Projected Balances
During Journal Entry
View the projected balance of an account during journal entry
Allocation Engine and
Wizard
Intuitively create complex allocation formulas with the graphical
allocation wizard
Significantly improve performance by allocating pre-summarized
balances
12
Oracle Fusion Financials Payable Benefits
Feature Benefit
Out-of-the box imaging
integration for supplier
invoices
Reduce transaction processing costs and data entry errors
Eliminate the need for costly third-party solutions
Increase productivity for invoice approvals and audits
Interactive Payables
Dashboard
Obtain a holistic view of all invoices and payments from a central
location
Be notified about the status of transactions without having to
navigate to multiple pages
Invoice Help Desk
Easily answer supplier queries or audit invoices with immediate
access to a complete snapshot of an invoice
Perform basic or sophisticated invoice searches
13
Oracle Fusion Financials Payable Benefits
Feature Benefit
Excel-based Invoice
Entry
Quickly enter and correct invoice import errors
Reduce training costs
Payables to General
Ledger Reconciliation
Quickly reconcile payables to the general ledger
Ensure payables activity is properly captured and reflected in the
financial results
Quickly investigate differences in balances with drilldowns
14
Oracle Fusion Financials Receivable Benefits
Feature Benefit
SmartReceipts
Correctly match receipts to invoices based upon system
generated recommendations
Reduce the number of future manual receipt applications by
tracking metrics related to why the system could not
automatically apply the receipt
Excel-based Receipt Entry
Quickly create and update customer receipts and increase users
ability to process payments and remittance data
Leverage the inherent Excel functionality, such as copy and
paste and send spreadsheets to reviewers and approvers
Mass Revenue Adjustments
Quickly locate and adjust multiple revenue transactions and
select multiple lines for scheduling and contingency updates
Perform basic or sophisticated searches using flexible search
criteria
15
Oracle Fusion Financials Receivable Benefits
Feature Benefit
Receivables to General Ledger
Reconciliation
Quickly reconcile receivables to the general ledger to close your
books faster
Ensure receivables activity is properly captured and reflected in
the financial results
Quickly investigate differences in balances with drilldowns
Projects Billing Integration
Automate the flow of sending project billing and revenue
information from Project Billing to Fusion Receivables with the
out-of-the-box integration
Reduce errors that usually occur with separate systems
16
Oracle Fusion Financials Asset Management Benefits
Feature Benefit
Assets Dashboard
Manage assets from a single location
Balance the workload by assigning asset lines to preparers
Increase productivity by exporting asset source lines to Excel to update
large volumes of asset data
Draft Asset Acquisitions
Quickly add assets with limited information and save them as a draft to
make sure you keep track of all assets and eliminate paper trails
Complete asset information from a central page to prevent period close
delays
Draft Asset Retirements
Quickly add retirements with minimal information until complete
information is available to track retirements and eliminate paper trails
Complete asset retirements from a central page to prevent period close
delays
17
Oracle Fusion Financials Cash Management Benefits
Feature Benefit
Bank Statements and
Reconciliation Work Area
Eliminate time-consuming searches and navigation to multiple
pages by accessing bank statement and reconciliation
processing from a single page
Proactively address errors and warnings with automatic alerts
and one-click navigation to relevant bank statement lines and
details
Standard Bank Connectivity
Efficiently manage multiple bank accounts and reduce IT costs
with native support for ISO 20022 standardized XML messaging,
SWIFTMT940, BAI2, EDIFACT, and FINSTA.
Intelligent Match Suggestions
Save time when manually matching unreconciled bank
statement lines with system-suggested potential matches
Autoreconciliation
Automate bank statement reconciliation with flexible
matching rules and multiple passes during automatic
reconciliation
18
Oracle Fusion Financials SubLedger Accounting Benefits
Feature Benefit
Centralized accounting
engine and repository
Consistently enforce accounting policies with centralized control and
detailed audit trails
Quickly adapt to accounting changes with a centralized rules engine
where you define, test, and maintain accounting rules
Date-effective
accounting rules
Meet changing accounting regulations or corporate structures with
effective dating of rules, complete with audit trails
Anticipate accounting changes by applying future-dated rules
Supporting references
Keep your chart of accounts and general ledger pristine by storing
balances based on business dimensions outside the chart of accounts
(i.e., geographies, channel, industry, investment type, product
category, etc.)
Accelerate decision-making by reporting and analyzing on balances
stored in the accounting repository
Compliance with
multiple reporting and
accounting requirements
Simultaneously meet diverse corporate, management, and reporting
requirements, such as U.S. GAAP, IFRS, and local statutory
requirements
Meet any accounting requirement by configuring accounting rules based
on any attribute of a transaction
19
Questions?
Is Oracle Fusion right for your company?
How can Business Escalation and Starpoint help?
Mayda Barsumyan Esra Husain
Business Escalation, Inc. Starpoint Solutions
888-594-9919 312-962-6918
info@BusinessEscalation.com ehusain@starpoint.com

More Related Content

What's hot

Collaborate 15 White Paper Implementing Oracle Fusion Payroll
Collaborate 15 White Paper Implementing Oracle Fusion PayrollCollaborate 15 White Paper Implementing Oracle Fusion Payroll
Collaborate 15 White Paper Implementing Oracle Fusion Payroll
William Stratton
 
Oracle Cloud ERP Profile
Oracle Cloud ERP ProfileOracle Cloud ERP Profile
Oracle Cloud ERP Profile
Addvantum
 
New Oracle HCM Presentation (00000002)
New Oracle HCM Presentation (00000002)New Oracle HCM Presentation (00000002)
New Oracle HCM Presentation (00000002)
Kristina Kurz
 

What's hot (20)

Fusion HCM – Real Life Implementation Examples beyond the Hype!
Fusion HCM – Real Life Implementation Examples beyond the Hype!Fusion HCM – Real Life Implementation Examples beyond the Hype!
Fusion HCM – Real Life Implementation Examples beyond the Hype!
 
1. Andy Campbell - Oracle HCM Keynote Roadmap & Update
1. Andy Campbell  - Oracle HCM Keynote Roadmap & Update1. Andy Campbell  - Oracle HCM Keynote Roadmap & Update
1. Andy Campbell - Oracle HCM Keynote Roadmap & Update
 
Oracle HCM Presentation 2020
Oracle HCM Presentation 2020Oracle HCM Presentation 2020
Oracle HCM Presentation 2020
 
Collaborate 15 White Paper Implementing Oracle Fusion Payroll
Collaborate 15 White Paper Implementing Oracle Fusion PayrollCollaborate 15 White Paper Implementing Oracle Fusion Payroll
Collaborate 15 White Paper Implementing Oracle Fusion Payroll
 
SmartERP Oracle Cloud Capabilities Presentation 2018
SmartERP Oracle Cloud Capabilities Presentation 2018SmartERP Oracle Cloud Capabilities Presentation 2018
SmartERP Oracle Cloud Capabilities Presentation 2018
 
Fusion cloud global payroll presentation
Fusion cloud global payroll presentationFusion cloud global payroll presentation
Fusion cloud global payroll presentation
 
Oracle Fusion HCM Fixed Scope Offering
Oracle Fusion HCM Fixed Scope OfferingOracle Fusion HCM Fixed Scope Offering
Oracle Fusion HCM Fixed Scope Offering
 
Fusion Goals and Performance Management
Fusion Goals and Performance ManagementFusion Goals and Performance Management
Fusion Goals and Performance Management
 
Implementing Cloud Financials
Implementing Cloud FinancialsImplementing Cloud Financials
Implementing Cloud Financials
 
Oracle Cloud ERP Profile
Oracle Cloud ERP ProfileOracle Cloud ERP Profile
Oracle Cloud ERP Profile
 
20 best practices for fusion hcm cloud implementation
20   best practices for fusion hcm cloud implementation20   best practices for fusion hcm cloud implementation
20 best practices for fusion hcm cloud implementation
 
New Oracle HCM Presentation (00000002)
New Oracle HCM Presentation (00000002)New Oracle HCM Presentation (00000002)
New Oracle HCM Presentation (00000002)
 
Fusion hcm-presentation-final version
Fusion hcm-presentation-final versionFusion hcm-presentation-final version
Fusion hcm-presentation-final version
 
Migration to Oracle ERP Cloud: A must read winning recipe for all
Migration to Oracle ERP Cloud: A must read winning recipe for allMigration to Oracle ERP Cloud: A must read winning recipe for all
Migration to Oracle ERP Cloud: A must read winning recipe for all
 
Your path to Oracle ERP Cloud
Your path to Oracle ERP CloudYour path to Oracle ERP Cloud
Your path to Oracle ERP Cloud
 
Journey to the Oracle Talent Management Cloud
Journey to the Oracle Talent Management CloudJourney to the Oracle Talent Management Cloud
Journey to the Oracle Talent Management Cloud
 
Implementation of eProfile and Benefits of using Talent Summary and Manager D...
Implementation of eProfile and Benefits of using Talent Summary and Manager D...Implementation of eProfile and Benefits of using Talent Summary and Manager D...
Implementation of eProfile and Benefits of using Talent Summary and Manager D...
 
Oracle Fusion Architecture
Oracle Fusion ArchitectureOracle Fusion Architecture
Oracle Fusion Architecture
 
British American Tobacco GP Upgrade
British American Tobacco GP UpgradeBritish American Tobacco GP Upgrade
British American Tobacco GP Upgrade
 
Oracle Fusion & Cloud Applications Overview
Oracle Fusion & Cloud Applications OverviewOracle Fusion & Cloud Applications Overview
Oracle Fusion & Cloud Applications Overview
 

Viewers also liked

Workday training for_employees
Workday training for_employeesWorkday training for_employees
Workday training for_employees
bgadicha
 
Workday Financial Management
Workday Financial ManagementWorkday Financial Management
Workday Financial Management
jlindley
 
Workday Human Capital Management
Workday Human Capital ManagementWorkday Human Capital Management
Workday Human Capital Management
jlindley
 
Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016
Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016
Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016
Nicolas Soulié
 
наречие
наречиенаречие
наречие
Ardos
 

Viewers also liked (16)

Workday training for_employees
Workday training for_employeesWorkday training for_employees
Workday training for_employees
 
Workday hcm interview questions
Workday hcm interview questionsWorkday hcm interview questions
Workday hcm interview questions
 
Integrating Workday with the Rest of the Enterprise
Integrating Workday with the Rest of the EnterpriseIntegrating Workday with the Rest of the Enterprise
Integrating Workday with the Rest of the Enterprise
 
Workday Change Management
Workday Change ManagementWorkday Change Management
Workday Change Management
 
Accenture’s Change Management Strategy for Workday
Accenture’s Change Management Strategy for WorkdayAccenture’s Change Management Strategy for Workday
Accenture’s Change Management Strategy for Workday
 
workday hcm training | workday hcm online training | workday hcm course
workday hcm training | workday hcm online training | workday hcm courseworkday hcm training | workday hcm online training | workday hcm course
workday hcm training | workday hcm online training | workday hcm course
 
Workday Financial Management
Workday Financial ManagementWorkday Financial Management
Workday Financial Management
 
Surviving and Thriving in a World of Change
Surviving and Thriving in a World of ChangeSurviving and Thriving in a World of Change
Surviving and Thriving in a World of Change
 
Workday Human Capital Management
Workday Human Capital ManagementWorkday Human Capital Management
Workday Human Capital Management
 
Workday Integration Cloud Platform Datasheet
Workday Integration Cloud Platform DatasheetWorkday Integration Cloud Platform Datasheet
Workday Integration Cloud Platform Datasheet
 
Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016
Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016
Gartner Magic Quadrant for Cloud HCM Suites 2016 - Single Slide 20-JUN-2016
 
Accenture and Workday: Look to the Cloud for your Global Payroll Strategy
Accenture and Workday: Look to the Cloud for your Global Payroll Strategy       Accenture and Workday: Look to the Cloud for your Global Payroll Strategy
Accenture and Workday: Look to the Cloud for your Global Payroll Strategy
 
Governing from the Cloud
Governing from the CloudGoverning from the Cloud
Governing from the Cloud
 
Cognizant's HCM Capabilities
Cognizant's HCM CapabilitiesCognizant's HCM Capabilities
Cognizant's HCM Capabilities
 
Note taking 101
Note taking 101Note taking 101
Note taking 101
 
наречие
наречиенаречие
наречие
 

Similar to Oracle Fusion v/s Workday

oracle_financials_cloud_ebook
oracle_financials_cloud_ebookoracle_financials_cloud_ebook
oracle_financials_cloud_ebook
Mohammed Nabhan
 
Ast 0101237 erp-us_en_wp_oracle_fusionfinancials
Ast 0101237 erp-us_en_wp_oracle_fusionfinancialsAst 0101237 erp-us_en_wp_oracle_fusionfinancials
Ast 0101237 erp-us_en_wp_oracle_fusionfinancials
JOSÉ RAMON CARIAS
 
Financials_Cloud_Datasheet
Financials_Cloud_DatasheetFinancials_Cloud_Datasheet
Financials_Cloud_Datasheet
Dustin Dunnam
 
SMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdf
SMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdfSMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdf
SMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdf
architectsandeepsing
 
Oracle hfm beginner's guide part i
Oracle hfm beginner's guide  part iOracle hfm beginner's guide  part i
Oracle hfm beginner's guide part i
Amit Sharma
 
Oracle hfm beginner's guide part i
Oracle hfm beginner's guide  part iOracle hfm beginner's guide  part i
Oracle hfm beginner's guide part i
Amit Sharma
 
Oracle hfm beginner's guide part i
Oracle hfm beginner's guide  part iOracle hfm beginner's guide  part i
Oracle hfm beginner's guide part i
Amit Sharma
 
Esouag r12 presentation
Esouag r12 presentationEsouag r12 presentation
Esouag r12 presentation
Berry Clemens
 

Similar to Oracle Fusion v/s Workday (20)

oracle_financials_cloud_ebook
oracle_financials_cloud_ebookoracle_financials_cloud_ebook
oracle_financials_cloud_ebook
 
New features in oracle fusion financial accounts receivables and account paya...
New features in oracle fusion financial accounts receivables and account paya...New features in oracle fusion financial accounts receivables and account paya...
New features in oracle fusion financial accounts receivables and account paya...
 
Ast 0101237 erp-us_en_wp_oracle_fusionfinancials
Ast 0101237 erp-us_en_wp_oracle_fusionfinancialsAst 0101237 erp-us_en_wp_oracle_fusionfinancials
Ast 0101237 erp-us_en_wp_oracle_fusionfinancials
 
WEBINAR: Face your Budgeting Fears!
WEBINAR: Face your Budgeting Fears!WEBINAR: Face your Budgeting Fears!
WEBINAR: Face your Budgeting Fears!
 
Resume_bala_fc
Resume_bala_fcResume_bala_fc
Resume_bala_fc
 
Financials_Cloud_Datasheet
Financials_Cloud_DatasheetFinancials_Cloud_Datasheet
Financials_Cloud_Datasheet
 
Financials_Cloud_Datasheet
Financials_Cloud_DatasheetFinancials_Cloud_Datasheet
Financials_Cloud_Datasheet
 
SAP CAPEX Solution: IQX E-Book
SAP CAPEX Solution: IQX E-Book SAP CAPEX Solution: IQX E-Book
SAP CAPEX Solution: IQX E-Book
 
opensky Data System's Navigate case study, transforming the global budgeting ...
opensky Data System's Navigate case study, transforming the global budgeting ...opensky Data System's Navigate case study, transforming the global budgeting ...
opensky Data System's Navigate case study, transforming the global budgeting ...
 
SMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdf
SMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdfSMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdf
SMFG-Technical proposal to deploy Oracle Fusion v3 (2).pdf
 
New features Oracle Fusion (Cloud) -r-13
New features  Oracle Fusion (Cloud) -r-13New features  Oracle Fusion (Cloud) -r-13
New features Oracle Fusion (Cloud) -r-13
 
Australian Oracle Users Group - Middleware for Innovation
Australian Oracle Users Group - Middleware for InnovationAustralian Oracle Users Group - Middleware for Innovation
Australian Oracle Users Group - Middleware for Innovation
 
Oracle hfm beginner's guide part i
Oracle hfm beginner's guide  part iOracle hfm beginner's guide  part i
Oracle hfm beginner's guide part i
 
Oracle hfm beginner's guide part i
Oracle hfm beginner's guide  part iOracle hfm beginner's guide  part i
Oracle hfm beginner's guide part i
 
Oracle hfm beginner's guide part i
Oracle hfm beginner's guide  part iOracle hfm beginner's guide  part i
Oracle hfm beginner's guide part i
 
Student Information Analytics
Student Information AnalyticsStudent Information Analytics
Student Information Analytics
 
Close up may 2017 fccs marketplace
Close up may 2017 fccs marketplace Close up may 2017 fccs marketplace
Close up may 2017 fccs marketplace
 
Esouag r12 presentation
Esouag r12 presentationEsouag r12 presentation
Esouag r12 presentation
 
Should Your Company Implement Fusion?
Should Your Company Implement Fusion?Should Your Company Implement Fusion?
Should Your Company Implement Fusion?
 
FAHRCS – A Contemporary Reporting Solution
FAHRCS – A Contemporary Reporting SolutionFAHRCS – A Contemporary Reporting Solution
FAHRCS – A Contemporary Reporting Solution
 

Recently uploaded

Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 

Recently uploaded (20)

JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTSJAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR  ESCORTS
JAJPUR CALL GIRL ❤ 82729*64427❤ CALL GIRLS IN JAJPUR ESCORTS
 
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGParadip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Paradip CALL GIRL❤7091819311❤CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
KOLKATA 💋 Call Girl 9827461493 Call Girls in Escort service book now
KOLKATA 💋 Call Girl 9827461493 Call Girls in  Escort service book nowKOLKATA 💋 Call Girl 9827461493 Call Girls in  Escort service book now
KOLKATA 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
Bankura Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service Available
Bankura Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service AvailableBankura Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service Available
Bankura Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service Available
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDINGBerhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
Berhampur 70918*19311 CALL GIRLS IN ESCORT SERVICE WE ARE PROVIDING
 
Chandrapur Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Chandrapur Call Girl Just Call 8084732287 Top Class Call Girl Service AvailableChandrapur Call Girl Just Call 8084732287 Top Class Call Girl Service Available
Chandrapur Call Girl Just Call 8084732287 Top Class Call Girl Service Available
 
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
Horngren’s Cost Accounting A Managerial Emphasis, Canadian 9th edition soluti...
 
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
Ooty Call Gril 80022//12248 Only For Sex And High Profile Best Gril Sex Avail...
 
Bangalore Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service Avai...
Bangalore Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service Avai...Bangalore Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service Avai...
Bangalore Call Girl Just Call♥️ 8084732287 ♥️Top Class Call Girl Service Avai...
 
PHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation FinalPHX May 2024 Corporate Presentation Final
PHX May 2024 Corporate Presentation Final
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
SRI GANGANAGAR 💋 Call Girl 9827461493 Call Girls in Escort service book now
SRI GANGANAGAR 💋 Call Girl 9827461493 Call Girls in  Escort service book nowSRI GANGANAGAR 💋 Call Girl 9827461493 Call Girls in  Escort service book now
SRI GANGANAGAR 💋 Call Girl 9827461493 Call Girls in Escort service book now
 
WheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond InsightsWheelTug Short Pitch Deck 2024 | Byond Insights
WheelTug Short Pitch Deck 2024 | Byond Insights
 
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptxQSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
QSM Chap 10 Service Culture in Tourism and Hospitality Industry.pptx
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 

Oracle Fusion v/s Workday

  • 1. Oracle Fusion v/s Workday Mayda Barsumyan, CEO of Business Escalation Inc. Mitchell Fass, Executive Vice President of Starpoint Solutions, LLC
  • 2. Introduction / Agenda Business Escalations, Inc. (BE) was founded in 2006 and incorporates over 20 years of experience into a fully integrated solution that looks at a company’s entire financial management operation. We use our unique approach to strategize with your current team to ensure all departments within the process are working together towards the goals of the organization. Business Escalation specializes in source to cash, treasury management, strategic financial solutions, business process evaluation and re-engineering, vendor management, mergers and acquisitions, and Oracle Business Intelligence. Starpoint Solutions, LLC is a Professional Services firm with 15 offices globally, including a local office in Chicago, and HQ in NY. Our ERP group performs evaluations, implementations and upgrades of ERP packages . Our ERP & Cloud Services Core competencies are in the following areas :  Oracle (EBS, PeopleSoft, JD Edwards, Fusion – and point solutions – Hyperion, Siebel, Taleo, etc..)  Cloud Services ( Workday, SalesForce.com, and ServiceNow)  Within the core ERP packages, we structure our resources into the following four areas- by application cluster:  Financials  HCM  SCM (a large category, that includes all Manufacturing/Supply Chain modules, and CRM and BI as well)  GRC (Governance, Risk, and Compliance)
  • 3. 3 Oracle Fusion is enterprise resource planning software applications from Oracle Corporation. Distributed across various product families, Fusion includes: • Financial Management • Human Capital Management • Customer Relationship Management • Supply Chain Management • Procurement, Governance • Project Portfolio Workday, Inc. is an on-demand (cloud-based) software vendor. Workday features: • Human Capital Management • Financial Management • Analytics Applications Oracle Fusion v/s Workday Capital Management
  • 4. 4 The pros of Oracle Fusion Complete Oracle provides core HR functions, recruiting and end-to-end talent management Workday requires that you buy additional products that plug significant gaps In-Context Analytics Not all of Workday's analytics tools are built-in Predictive Insights Receive warnings if your top talent is a flight risk. Workday provides a rear-view mirror. Talent Management The leading recruiting + performance management, as recognized by industry analysts. Workday = not even ranked Oracle Fusion v/s Workday Capital Management
  • 5. 5 Oracle Fusion v/s Workday Capital Management The pros of Oracle Fusion Collaborative Learning Self-study, instructor-led, and collaborative, with discussion forums and chats Workday = nothing Upgrades, On Your Schedule Workday forces you to upgrade when it's convenient for them Social Built-In Collaborate across the workplace as well as sourcing through social channels like LinkedIn End-to-End Recruiting Oracle has a track record of 300,000,000 job applications over 10-plus years Workday is just starting out
  • 6. 6 Oracle Fusion v/s Workday Capital Management Oracle Fusion Workday Core HR in the Cloud NOW Now Next Generation UI NOW Now In-Context Analytics NOW Promised Predictive Insights NOW Promised Talent Management NOW Limited Social Sourcing NOW Limited End-to-End Recruiting NOW Limited Collaborative Learning NOW Promised
  • 7. 7 Oracle Fusion Financials v/s Workday Feature Benefit Oracle Fusion Financials Workday Unique reporting platform that is natively built on top of a multi-dimensional data model Gain real-time information to live financial data NOW NOW Store large quantities of data that can be accessed quickly NOW Limited Quickly analyze data across multiple business dimensions, complete with drilldowns across hierarchies and to the underlying transactions NOW Limited Simultaneous accounting of multiple reporting requirements Comply with global accounting standards and multiple legislative, industry or geographic requirements NOW Limited
  • 8. 8 Oracle Fusion Financials v/s Workday Feature Benefit Oracle Fusion Financials Workday Role-based dashboards and Work Areas across all Financial products Automatically push work and transactions that require attention to users from a central location NOW Limited Immediately take action to resolve issues without having to navigate to separate pages NOW Limited Eliminate the need to run multiple queries or search for data; users know exactly what they need to do the moment they log on NOW NOW Embedded transactional intelligence Complete transactions with greater accuracy and efficiency with access to the most current information within the context of the transactions NOW Limited
  • 9. 9 Oracle Fusion Financials v/s Workday Feature Benefit Oracle Fusion Financials Workday Extensive spreadsheet integration across finance functions Save on training costs NOW Limited Increase productivity when handling large data volumes NOW Limited Export results from any transactional table or report to more easily view large amounts of data for easier analysis NOW NOW Embedded Collaboration Instantly communicate with initiators or approvers with a single click NOW NOW
  • 10. 10 Oracle Fusion Financials GL Benefits Feature Benefit Real-time Updates to Embedded Multidimensional Data Model Ensure timely and accurate information with real-time updates Quickly analyze and report on balances that are pre-summarized at every possible summarization level in the chart of accounts hierarchy Eliminate the need to have multiple systems or data warehouses General Accounting Dashboard Have a comprehensive view of journals requiring attention, intercompany transactions that are incomplete, account balances that have exceeded their thresholds, and the close status of subledgers and ledgers from a central place Push information across areas in one place Close Status Monitor View the close status across subledgers and ledgers from a central location View the reasons of outstanding subledger transactions, complete with drilldowns to originating transactions
  • 11. 11 Oracle Fusion Financials GL Benefits Feature Benefit Account Monitor Continuously be alerted to sudden changes in account balances in real-time based on thresholds you define Quickly drill down through multiple levels of summarized balances, view perspectives of the balance, and drill back to the originating transaction to investigate the root cause Date-Effective Account Hierarchies Maintain multiple versions of your account hierarchies Report on different hierarchy versions for comparison purposes and what-if analysis Projected Balances During Journal Entry View the projected balance of an account during journal entry Allocation Engine and Wizard Intuitively create complex allocation formulas with the graphical allocation wizard Significantly improve performance by allocating pre-summarized balances
  • 12. 12 Oracle Fusion Financials Payable Benefits Feature Benefit Out-of-the box imaging integration for supplier invoices Reduce transaction processing costs and data entry errors Eliminate the need for costly third-party solutions Increase productivity for invoice approvals and audits Interactive Payables Dashboard Obtain a holistic view of all invoices and payments from a central location Be notified about the status of transactions without having to navigate to multiple pages Invoice Help Desk Easily answer supplier queries or audit invoices with immediate access to a complete snapshot of an invoice Perform basic or sophisticated invoice searches
  • 13. 13 Oracle Fusion Financials Payable Benefits Feature Benefit Excel-based Invoice Entry Quickly enter and correct invoice import errors Reduce training costs Payables to General Ledger Reconciliation Quickly reconcile payables to the general ledger Ensure payables activity is properly captured and reflected in the financial results Quickly investigate differences in balances with drilldowns
  • 14. 14 Oracle Fusion Financials Receivable Benefits Feature Benefit SmartReceipts Correctly match receipts to invoices based upon system generated recommendations Reduce the number of future manual receipt applications by tracking metrics related to why the system could not automatically apply the receipt Excel-based Receipt Entry Quickly create and update customer receipts and increase users ability to process payments and remittance data Leverage the inherent Excel functionality, such as copy and paste and send spreadsheets to reviewers and approvers Mass Revenue Adjustments Quickly locate and adjust multiple revenue transactions and select multiple lines for scheduling and contingency updates Perform basic or sophisticated searches using flexible search criteria
  • 15. 15 Oracle Fusion Financials Receivable Benefits Feature Benefit Receivables to General Ledger Reconciliation Quickly reconcile receivables to the general ledger to close your books faster Ensure receivables activity is properly captured and reflected in the financial results Quickly investigate differences in balances with drilldowns Projects Billing Integration Automate the flow of sending project billing and revenue information from Project Billing to Fusion Receivables with the out-of-the-box integration Reduce errors that usually occur with separate systems
  • 16. 16 Oracle Fusion Financials Asset Management Benefits Feature Benefit Assets Dashboard Manage assets from a single location Balance the workload by assigning asset lines to preparers Increase productivity by exporting asset source lines to Excel to update large volumes of asset data Draft Asset Acquisitions Quickly add assets with limited information and save them as a draft to make sure you keep track of all assets and eliminate paper trails Complete asset information from a central page to prevent period close delays Draft Asset Retirements Quickly add retirements with minimal information until complete information is available to track retirements and eliminate paper trails Complete asset retirements from a central page to prevent period close delays
  • 17. 17 Oracle Fusion Financials Cash Management Benefits Feature Benefit Bank Statements and Reconciliation Work Area Eliminate time-consuming searches and navigation to multiple pages by accessing bank statement and reconciliation processing from a single page Proactively address errors and warnings with automatic alerts and one-click navigation to relevant bank statement lines and details Standard Bank Connectivity Efficiently manage multiple bank accounts and reduce IT costs with native support for ISO 20022 standardized XML messaging, SWIFTMT940, BAI2, EDIFACT, and FINSTA. Intelligent Match Suggestions Save time when manually matching unreconciled bank statement lines with system-suggested potential matches Autoreconciliation Automate bank statement reconciliation with flexible matching rules and multiple passes during automatic reconciliation
  • 18. 18 Oracle Fusion Financials SubLedger Accounting Benefits Feature Benefit Centralized accounting engine and repository Consistently enforce accounting policies with centralized control and detailed audit trails Quickly adapt to accounting changes with a centralized rules engine where you define, test, and maintain accounting rules Date-effective accounting rules Meet changing accounting regulations or corporate structures with effective dating of rules, complete with audit trails Anticipate accounting changes by applying future-dated rules Supporting references Keep your chart of accounts and general ledger pristine by storing balances based on business dimensions outside the chart of accounts (i.e., geographies, channel, industry, investment type, product category, etc.) Accelerate decision-making by reporting and analyzing on balances stored in the accounting repository Compliance with multiple reporting and accounting requirements Simultaneously meet diverse corporate, management, and reporting requirements, such as U.S. GAAP, IFRS, and local statutory requirements Meet any accounting requirement by configuring accounting rules based on any attribute of a transaction
  • 19. 19 Questions? Is Oracle Fusion right for your company? How can Business Escalation and Starpoint help? Mayda Barsumyan Esra Husain Business Escalation, Inc. Starpoint Solutions 888-594-9919 312-962-6918 info@BusinessEscalation.com ehusain@starpoint.com