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Test Number : 1Z0-985
Test Name : Oracle Enterprise Performance Reporting Cloud Service 2017 Implementation Essentials
Vendor Name : Oracle
: 70 Dumps Questions

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Oracle Enterprise Performance Reporting Cloud Service 2017 Implementation Essentials book

How One IT features firm Is helping Angola Prep For financial growth | 1Z0-985 Dumps and Real test Questions with VCE Practice Test

New economic stimulus programs in previously struggle-torn Angola have ended in the emergence of lots of new agencies in the last 15 years throughout a wide spectrum of industries, developing new alternatives for IT services company Jupiter Desenvolvimento Informático. but the business has been having concern managing the ensuing double-digit boom because it struggles with the inefficiency of antiquated IT enterprise and economic methods.

Headquartered in the capital metropolis of Luanda, Jupiter has carved out a niche for itself by building and managing IT operations for executive corporations, public sector groups, and oil and fuel businesses. About two-thirds of its enterprise comes from undertaking consulting, application development, challenge implementation, and methods integration. The closing third of its income comes from providing purchasers with upkeep, monitoring, and backup functions for his or her IT infrastructures.

established in 2001, Jupiter has earned greater than 300 Oracle utility building certifications in commercial enterprise useful resource planning (ERP) purposes, including human capital management, financials, procurement, and venture administration.

since 2014, Jupiter has delivered a number of new banking and healthcare clients and has quadrupled its team of workers with the intention to manage the increasing number of tasks created through this stimulus. but with thousands greater invoices, fee studies, and receivables to control each day, the mounting workload proved far heavier than its expanding body of workers may sustain with.

“We used to manage all of their property, revenues, and prices the usage of spreadsheets and legacy apps,” says Davi Benedetti, a challenge manager at Jupiter.

as a result of none of the business’s economic methods had been attainable from a crucial vicinity, it become intricate for executives to video display users, enforce controls, or validate the accuracy of its revenue statements, fiscal position, and money stream stories.

“As they grew, greater of their statistics become getting entered incorrectly, files have been generally getting misplaced, and their total fiscal operation had turn into a nightmare to manipulate,” says Benedetti.

as a result of individuals of the company finance group kept individual spreadsheets on their local machines, “fiscal reporting became particularly complicated. It took a number of months to close their books,” says Benedetti. in consequence, the business mentioned its financials best once, at the end of every year.

Jupiter decided in March 2015 to exchange all of its economic functions with Oracle Financials Cloud. the usage of the cloud as a single, shared financials management platform, the business’s finance staff turned into able to consolidate all of its venture revenues, payables, and other economic information within one or two days, enabling the team to document on performance trends and create rolling forecasts on a weekly, month-to-month, or quarterly groundwork.

“shifting from on-premises tools to the cloud changed into innovative for us,” says Jupiter CEO Adail Cabrail. “It has fully changed the economics of their business.”

The automated accounting equipment, compliance templates, and analytics dashboards within the Oracle Financials Cloud app offers Jupiter’s finance workforce—as neatly as the enterprise’s board of directors—with access to the system from any equipment, at any vicinity, and helps them make instant decisions in keeping with true-time revenue and expense records.

by means of releasing up its group of workers from having to compile reports, validate and cleanse facts, and system increasing volumes of economic transactions, Benedetti expects the business’s finance team of workers will spend extra time analyzing efficiency and guiding the company, while its task groups will spend less time managing inner integrations and greater trip in the box generating salary.

As Angola prepares for its 2d presidential election, to be held in August, the overseas economic Fund expects the nation to peer non-oil inner most sector investment up greater than $20 billion, 1 to 2% boom in gross home product (GDP), and a 20% drop in inflation. Oracle cloud software is allowing Jupiter to keep up with its nation’s growing to be economic system, yet is bendy sufficient to assist control expenses when the economic system plateaus, stabilizes, or slows lower back down.

Sasha Banks-Louie is a brand journalist for Oracle.


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