Blockchains are attractive because their built-in security and trust factors make them useful for almost all business interactions involving organizations and individuals. Blockchains have two basic functions. One is as a method for handling transactions involving property such as land deeds, trademarks or other assets. The second involves exchanges of data such as identities of individuals or businesses, the location of an object at a point in time or weather conditions. All interactions...
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Topics:
Big Data,
Data Science,
Mobile,
Marketing Performance Management,
Office of Finance,
Analytics,
Business Intelligence,
Cloud Computing,
Data Governance,
Data Integration,
Data Preparation,
Internet of Things,
Digital Technology,
Digital Marketing,
Digital Commerce,
Operations & Supply Chain
Workday recently presented a technology summit for industry analysts. The presentations focused on Workday’s ongoing product advancements as well as its approach to employing emerging technologies. These technologies include artificial intelligence (AI) and machine learning (ML), robotic process automation (RPA) and bots utilizing natural language processing. Ventana Research uses the term “robotic finance” to refer to these technologies when used in the office of finance. In our view, they...
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Topics:
Big Data,
Data Science,
Mobile,
Machine Learning,
Office of Finance,
Continuous Planning,
Cloud Computing,
Collaboration,
Financial Performance Management,
ERP and Continuous Accounting
OneStream XF from OneStream Software is a financial performance management (FPM) platform available on-premises or in the cloud. The company is a relative newcomer (it started in 2010) but its founders are industry veterans and it has a long list of referenceable customers. Being self-financed, it only recently began to raise its market profile. Its SmartCPM system consists of software for statutory financial consolidation, planning, forecasting, budgeting and reporting that’s used primarily by...
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Topics:
Office of Finance,
Continuous Planning,
Analytics,
HRMS,
Financial Performance Management,
ERP and Continuous Accounting,
Sales Planning and Analytics
After more than a decade of steady development, ERP systems today are changing fundamentally, facilitated by the availability of advances such as cloud computing, advanced database architecture, collaboration, improved user-interface design, mobility, analytics and planning. This was evident when Oracle recently held its third analysts-only ERP Cloud Summit in New York to coincide with its Modern Finance Experience event. Oracle now has an increasingly robust set of business applications that...
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Topics:
Mobile,
ERP,
Machine Learning,
Cloud Computing,
Robotic Process Automation,
Artificial intelligence,
blockchain,
AI