Staying On-Prem With Oracle EBS? We Have You Covered

The ERP cloud migration is in full swing. However, many organizations are choosing to keep their on-premises ERPs, like Oracle E-Business Suite (EBS), despite the shortcomings of these legacy systems. While on-prem ERPs offer greater control, customization, and independence, cloud ERPs are significantly easier to modify as your business scales and better enable a collaborative remote workforce. 

Organizations staying with on-prem have likely invested countless hours into setting up their systems and the change management efforts surrounding cloud migration might not seem worth the payoff. The risk of cloud ERP implementation delays and the associated negative effects to productivity are enough to cause many business leaders to hesitate. 

The Key Challenges of Staying On-Prem 

For finance and operations teams that work at organizations choosing to stay on-prem, there are a couple of key challenges: 

1. Complex customization: Customizing Oracle EBS for financial and operational reporting can be a complex and time-consuming process. It requires expertise in Oracle EBS modules, database structures, and reporting tools. Customizing reports to meet specific business requirements may involve extensive configuration and development efforts, potentially leading to longer implementation timelines and increased costs. 

1. Limited real-time reporting: Oracle EBS, particularly older versions, may have limitations in providing real-time reporting capabilities. This can negatively impact the timeliness and responsiveness of reporting activities. 

1. Dependency on IT resources: Creating, modifying, or maintaining reports within Oracle EBS often requires technical expertise and involvement from IT teams or developers. Financial and operational reporting teams may need to rely on IT personnel for report customization, data modeling, or resolving technical issues.  

1. Limited accessibility and collaboration: Accessing reporting tools and data may be restricted to the organization's internal network, limiting remote access and collaboration among distributed teams. This can hinder the ability to work effectively across different locations or accommodate remote work scenarios. 

Thankfully, by integrating the right reporting tool, you can circumvent many of these traditional EBS challenges and achieve much of the functionality you would get from a cloud ERP. 

Dive Deeper Into Your On-Premises Oracle EBS With Wands or Angles 

If your organization remains committed to on-premises Oracle EBS, insightsoftware offers powerful tools to empower your finance team. Both Angles and Wands integrate seamlessly with EBS, providing user-friendly solutions for reporting and analysis. While Wands simplifies report creation and delivers real-time insights within a familiar Excel environment, Angles offers a broader view of your organization's data, enabling deeper exploration and context-aware analysis. With either of these tools, finance teams can stay agile and make data-driven decisions without needing to migrate to the cloud. 

Choosing the right on-premises Oracle EBS reporting and analytics solution from insightsoftware depends on your specific business needs. Here's a breakdown of how Wands for Oracle and Angles for Oracle can enhance your on-prem experience, along with the business priorities each caters to best: 

Wands for Oracle: Empowering Finance Teams With On-Premises EBS 

Staying on-premises with Oracle EBS can mean wrestling with complex reporting tools and lengthy data refreshes. Wands for Oracle simplifies this challenge by leveraging the familiar Microsoft Excel interface. Finance teams can build custom reports and dashboards without writing complex code, reducing reliance on IT for basic reporting needs. 

Wands offers a critical advantage for on-premises EBS users: real-time data access. This eliminates the wait for data refreshes, enabling faster report generation and analysis based on the most up-to-date information. This translates to: 

• Faster Time to Insights: With real-time reports, you can make data-driven decisions quicker, mitigating the delays associated with traditional EBS reporting methods. 

• Reduced Reliance on IT: Empower finance teams to generate reports independently, freeing IT for other critical tasks and alleviating the burden of managing numerous report requests on overburdened IT staff. 

• Improved Efficiency: Automate manual reporting tasks, allowing finance professionals to focus on higher-level analysis and strategic decision-making, freeing up valuable time previously spent on tedious, manual processes. 

Angles for Oracle: Deep Dive Analytics for On-Premises EBS 

Angles Enterprise for Oracle delivers a context-aware, process-rich business data model, a library of 1,800 pre-built, no-code business reports, and a high-performance process analytics engine for Oracle Business Applications, including EBS and OCA. 

While on-premises Oracle EBS offers stability, it can also present challenges in accessing and analyzing enterprise data. Angles for Oracle addresses these hurdles by providing a comprehensive solution for deep data exploration and advanced analytics. Here's how Angles empowers finance teams on EBS: 

• Pre-Built Business Models and Reports: Out-of-the-box access to 1,800 pre-built reports eliminates the need for complex EBS report development, saving valuable time and resources. This is a significant advantage compared to building reports from scratch with traditional EBS tools. 

• Context-Aware Insights: Angles goes beyond raw data, providing pre-built business models that add context to financial information. This translates to clearer insights and faster decision-making, even for users without extensive EBS knowledge. 

• Robust Analytics Engine: For complex data analysis, Angles offers a powerful engine that allows finance teams to delve deeper into trends and uncover hidden patterns within EBS data. This advanced capability helps mitigate the limitations of basic EBS reporting tools. 

• Holistic View With BI Integration: Angles provides a unified view of your organization's data across departments and applications within EBS. Additionally, integration with various Business Intelligence (BI) tools unlocks advanced data visualization capabilities. This comprehensive approach empowers finance teams to overcome data silos and gain a holistic understanding of the business, even in an on-premises environment. 

By addressing the challenges of limited data exploration and complex reporting in EBS, Angles for Oracle allows finance teams to make data-driven decisions with greater confidence and efficiency.  

Ultimately, the best choice depends on your specific needs. Before making a decision, consider factors like the size and technical expertise of your finance team, the complexity of your data landscape, and the desired level of analytics. 

Wands Customer Story: Streamlining EBS Reporting for DAA

Dublin Airport Authority (DAA) faced challenges with its on-premises Oracle EBS system. The complexity of multiple reporting tools created a time-consuming process for finance teams, who relied heavily on IT to generate reports. “In the past,” says Fawad Akhtar, group treasury analyst at DAA, “it was left up to the IT department to write the reports, because of the complexity and rigid structure of the tools being used. This meant that generating reports took an inordinate amount of time.” 

Wands for Oracle addressed these challenges by: 

• Simplifying Report Creation: With a user-friendly Excel interface, finance teams could build reports without needing complex EBS knowledge or IT assistance. “Wands for Oracle is extremely intuitive and easy to use and offers us a level of flexibility we simply never had before,” said Akhtar. 

• Faster Time to Insights: Real-time data access eliminated the wait for data refreshes, enabling faster report generation and analysis. 

• Reduced Reliance on IT: Wands empowered finance teams to generate many reports independently, freeing IT for other tasks. “With GL Wand, we are able to write reports without any assistance and this really speeds up the process,” Akhtar explained. “More crucially, we are able to quickly and easily adapt and change these reports as required.” 

DAA credits Wands for Oracle with streamlining its financial reporting process and improving overall efficiency. They can now generate reports faster, analyze data more effectively, and make data-driven decisions with greater confidence. 

Angles Customer Story: TaylorMade Golf Conquers EBS Reporting  

TaylorMade Golf, a long-time user of Oracle EBS, faced a growing demand for real-time data access. Its business users, particularly in sales and accounting, needed faster insights into purchasing receipts, GL transactions, and other critical data points. This reliance on slow, outdated data created inefficiencies and hindered informed decision-making. 

Angles Enterprise for Oracle addressed these challenges by providing: 

• Real-Time Data Access: Angles eliminated the need for manual data processing and long wait times for data refreshes.  

• Improved User Experience: Angles' user-friendly interface empowered TaylorMade's team to access and analyze data independently, reducing their reliance on IT for report generation and freeing up valuable IT resources for other tasks. 

By providing real-time data and a user-friendly experience, Angles Enterprise for Oracle improved TaylorMade's operational efficiency and empowered it to make data-driven decisions with greater confidence.  

“As we look to the future of our use of data, and in particular the use of Angles, we’ve implemented a new cloud-based data warehouse that we are just starting to understand and see the benefits of,” said David Damitz, BI Architect at TaylorMade. “We want to start to leverage that more and more in the analytics space. If another organization was considering Angles among other solutions for their reporting needs, particularly from Oracle EBS, I would definitely encourage them to look into the product.” 

Level up Your Oracle EBS On-Prem Experience With insightsoftware Solutions  

Thousands of organizations worldwide rely on Oracle EBS to help manage their businesses, enhance decision-making, lower costs, and boost corporate performance. Finance teams like yours are key EBS users, the people responsible for overseeing all financial aspects of the business.  

Want to learn more about how insightsoftware reporting solutions can help? Check out our Oracle EBS page for more information or to book a demo.