Accounting teams spend countless hours reconciling transactions on a weekly, monthly or quarterly (possibly even yearly) basis.  Given a company's finite resources, this important and necessary activity consumes a company's personnel time when done manually.  Using the right technology will free up accounting resources and minimize manual errors, increasing efficiency and accuracy. In addition, inaccurate or untimely account reconciliation is an obstacle to proper planning and budgeting.  Directly effecting a company's ability to forecast, budget and plan for the coming quarter ..read more

What is NetSuite Account Reconciliation Software? NetSuite is a cloud-based Enterprise Resource Planning (ERP) software that provides a range of business management, financial tools and reporting tools fo business organizations.  The platform's module framework allow organizations to add, remove and customize modules to adhere to the business needs.  Modules include accounting, finance, inventory management, reporting and customer relationship management (CRM). Account reconciliation is a critical accounting process that involves comparing financial records and transactions in a com ..read more

Say Goodbye to Manual Reconciliation Nightmares, automate with Oracle Accounts Reconciliation. In this article, I will explain how ARCS can help you with two common types of reconciliations: balance sheet reconciliations and bank reconciliations. Automate with Oracle Cloud EPM Accounts Reconciliation Are you still struggling with manual accounts reconciliation using spreadsheets? Do you spend hours matching balances and transactions across different sources? Do you lack visibility and control over your reconciliation process? Imagine a world where you can reconcile your accounts in minutes, n ..read more

UAT or User Acceptance Testing is an important step in the PBCS deployment process as a way to allow time to utilize, manipulate, and test environments to ensure it matches with your respective needs. Throughout this UAT process, you can get a feel for your new Planning & Budgeting solution and come back to us with any adjustments needed or errors you may find. UAT usually revolves around revisions of the various forms used to input and modify budget/forecast data into the correct intersections. Once your PBCS enviroment is in the final stage of development, your dashboard should look som ..read more

Oracle Smart View for Office allows you to retrieve data from Planning and Budgeting Cloud (PBCS) and analyze it in excel spreadsheets via Smart View ad hoc analysis. We previously covered the topic of how you can design a single ad hoc grid in Smart View - links to which can be found at the end of this blog post. In today's post, we'll walk you through how to create multiple ad hoc grids in Smart View worksheet. In order to create more than one ad hoc grid in Smart View, you will first have to set up multi grid ad hoc analysis in PBCS. Go to Settings under Application in the navigator menu ..read more

In this blog post, we'll show you how to import and export metadata from Oracle Planning and Budgeting Cloud. Export Metadata Administrators can export metadata from PBCS to a flat file in .csv or .txt format using the following steps: In PBCS, navigate to Application > Overview. 2.  Select Dimensions > Export. 3.  On the Export Metadata window, click Create. 4.  Location determines where you want to export your metadata file to: local (your computer) or outbox (the server). Exporting to the server allows you to save your job selections and run it at a later time. Yo ..read more

In the blog post today, we're going to give you an overview of the Workforce Planning module in PBCS. Oracle Hyperion Workforce module is a web-based workforce planning and budgeting solution that provides up-to-date information on workforce expenses for your business. It allows you to model future headcount and employee-related expenses using out of the box context such as pre-built drivers, forms and dashboards. By using Workforce Planning in PBCS, planners can apply various business assumptions and plan for the future by effectively managing one of their largest variable expenses. Workforc ..read more