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1Z1-522 exam Dumps Source : Edwards EnterpriseOne Financial(R) Management Essentials
Test Code : 1Z1-522
Test Name : Edwards EnterpriseOne Financial(R) Management Essentials
Vendor Name : Oracle
: 72 Real Questions
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every company manages individuals, purchases products and capabilities, sells (or gives away) whatever thing and debts for cash. the style each and every exercise is dealt with will vary, however every business performs these basic functions. In most circumstances, it is more useful to handle these approaches via an built-in utility platform than via dissimilar applications not ever designed to work collectively. it truly is the place commercial enterprise resource planning (ERP) methods are available in.
while ERPs had been originally designed for manufacturing agencies, they have got increased to service industries, better schooling, hospitality, health care, fiscal features, and government. each and every of industry has its personal peculiarities. as an example, govt ERP makes use of Contract Lifecycle administration (CLM) rather than normal paying for and follows government accounting guidelines instead of GAAP. Banks have again-workplace settlement strategies to reconcile checks, credit score playing cards, debit playing cards, and different contraptions.what's ERP?
ERP is application that standardizes, streamlines and integrates company tactics throughout finance, human resources, procurement, distribution, and other departments. usually, ERP methods operate on an integrated application platform the use of regular information definitions working on a single database.ERP historical past
In 1990, Gartner created the time period ERP to explain the evolution of materials requirements planning (MRP) and manufacturing aid planning (MRP II) as they extended beyond manufacturing into other ingredients of the enterprise, usually finance and HR.
ERP techniques advanced impulsively throughout the 1990s in response to Y2K and the introduction of the Euro. Most firms seen Y2K and the Euro because the charge of doing business, and ERPs supplied as a cost-effective strategy to exchange dissimilar, old techniques with a standardized package that might additionally tackle these concerns.what's an ERP device used for?
ERP methods increase commercial enterprise efficiency and effectiveness via:
ERP improves enterprise efficiency in several ways. chiefly:
the size, scope, and functionality of ERP programs fluctuate widely. although, most ERP utility facets right here features:
ERP systems are customarily classified in tiers in keeping with the dimension and complexity of enterprises served. ERP systems can be both proprietary or free and open supply, although most open source ERPs are designed for small companies or larger schooling and might offer little functionality beyond finance.
common tiers encompass:
over the last few years, ERP companies have created new methods designed mainly for the cloud. on the equal time many longtime ERP vendors have created cloud versions of their utility.
Cloud ERP is becoming more and more widespread, however all cloud ERPs do not function in the same vogue. There are two principal varieties:
for many agencies, ERP as a service presents three benefits: The preliminary cost is reduce, upgrades to new releases are easier, and reluctant executives can not drive the firm to jot down custom code for his or her company.
For extra on cloud ERP, see:top ERP techniques
settling on an ERP device is among the most difficult choices facing IT leaders. apart from the above tier criteria, there's a big range of aspects and capabilities to accept as true with. With any industry, it's crucial to select an ERP dealer with business event. educating a seller about the nuances of a brand new business is very time ingesting.
To assist you get a sense of the types of decisions that go into selecting an ERP device, take a look at “The top-rated ERP programs: 10 commercial enterprise resource planning equipment in comparison,” with reviews and consumer reports of Acumatica Cloud ERP, Deltek ERP, Epicor ERP, Infor ERP, Microsoft Dynamics ERP, NetSuite ERP, Oracle E-business Suite, Oracle JD Edwards EnterpriseOne ERP, Oracle Peoplesoft financial administration and SAP ERP options.ERP implementation
Most a success ERP implementations are led with the aid of an executive sponsor. here's the executive who will acquire nearly all of the program's advantages when the brand new equipment is operational. At a minimal, this executive may still sponsor the company case, get approval to proceed, computer screen progress, chair the steering committee, eradicate street blocks, and capture the advantages. with the exception of interior IT projects equivalent to infrastructure refreshes or ITIL rollout, the CIO should still no longer sponsor projects.
The CIO works closely with the executive sponsor to make certain ample attention is paid to integration with current methods, facts migration, and infrastructure enhancements. The CIO should still also advise the executive sponsor about the challenges encountered with the aid of all main courses and may aid the government sponsor choose a company that specialize in ERP implementations. Such an organization should still bring specialized enterprise method knowledge and journey with the ERP chosen. An implementation company government may still turn into an guide to the executive sponsor.
The government sponsor may still be recommended through a company trade management government as neatly. An ERP implementation will influence in new enterprise approaches, roles, user interfaces, and job tasks. company change management can aid each grownup in the enterprise consider the have an impact on ERP may have on each the corporation and on the people. In most instances, a firm trade management company, in place of an inner govt, provides this support.
Reporting to the program’s government team should be a company task supervisor and an IT assignment manager. If the enterprise has engaged an ERP integration company or a company alternate administration specialist, their mission managers should be part of the core application management team.
See also: a way to bring together a successful ERP crewERP implementation: The 5 most important steps
Most ERP practitioners use some edition of the steps under to structure their ERP implementation:1. benefit approval
the first step is to get formal approval to spend funds and direct body of workers to implement the ERP. The government sponsor oversees the creation of any documentation required for approval. This doc, always referred to as a enterprise case, customarily contains the following:
as soon as the company case is comprehensive, the appropriate neighborhood of senior executives may still authorize ERP implementation to proceed.2. Plan the application
The excessive-degree time line created for the business case need to be sophisticated into a more complete work plan. the following steps deserve to be achieved:
here's the greatest and most intricate section. The essential steps include:
in advance of the final cutover when the brand new device is in construction, multiple actions need to be accomplished. These include:
Following ERP deployment, most corporations adventure a dip in business performance as group of workers be taught new roles, tools, business techniques, and metrics. in addition, poorly cleansed records and infrastructure bottlenecks will cause disruption. All impose a workload bubble on the ERP deployment and support group.
For greater on ERP implementation, see:What are the hidden costs of ERP?
The 4 factors which are frequently underestimated all over assignment planning consist of:
For greater on ERP expenses, see:Why ERP projects fail
ERP tasks fail for many of the same causes that other tasks fail. the most normal cause is an ineffective executive sponsor who cannot command appreciate all the way through the firm, isn't attracted to the mission, or is distracted by means of different duties. alternative ways to fail encompass poorly described software dreams, susceptible venture administration, insufficient elements, and bad facts cleanup.
There are a couple of explanations of failure that are closely tied to ERPs. specially:
Even organizations who help the ERP can turn into disillusioned if the implementation crew gives terrible assist or is perceived to be impolite or unresponsive. dissatisfied supporters can turn into vicious critics after they believe they have got been taken as a right and never provided acceptable support.
KANSAS city, Mo.--(company WIRE)--MarketSphere today introduced that its qualified Oracle enterprise Accelerators are cloud-based, swift implementation equipment of Oracle applications. A Platinum-level member of Oracle® PartnerNetwork (OPN) and an Oracle speed up solution company, MarketSphere promises enterprise advisory and consulting capabilities for enterprise aid Planning (ERP), business performance management (EPM), Human Capital administration (HCM) and business Intelligence (BI) purposes.
Oracle business Accelerators are effective, convenient-to-use cloud-based fast implementation tools that may cut back the time and costs of imposing enterprise purposes for transforming into companies. With Oracle enterprise Accelerators as a key tenet of MarketSphere’s Oracle accelerate solution, the outcomes is predictable and expedited new technology adoption with minimal risk. To achieve Oracle company Accelerators certified fame, Oracle partners finished a rigorous competence application created and managed by using Oracle.
“fitting Oracle company Accelerators certified on Oracle’s JD Edwards EnterpriseOne, including to their present Oracle company Accelerators for Oracle E-business Suite qualifications, means decreased chance, accelerated time-to-cost and lower implementation prices for their midsize JD Edwards purchasers, who characterize a valued market phase for MarketSphere,” pointed out Bob Allen, companion, MarketSphere.
“Our capability to convey expedited solutions to the midsize market showcases the skills they’ve come to expect from MarketSphere, whereas leveraging the cost and velocity that Oracle company Accelerators give, making it a win-win circumstance. we're capable of give their midsize JD Edwards valued clientele with the legit, robust technology they should meet their strategic boom objectives with out sacrificing the fine of carrier they predict and deserve,” brought Greg Davis, JD Edwards follow director, MarketSphere.
MarketSphere gives advantage across the total suite of Oracle ERP, EPM, HCM and BI purposes and tools, and has accomplished OPN Specializations in JD Edwards EnterpriseOne 9.0 fiscal management; Oracle business Intelligence purposes 7; Oracle company Intelligence basis 10g; Oracle E-company Suite 12.1 monetary administration; Oracle E-enterprise Suite 12.1 deliver Chain management; Oracle Essbase eleven; Oracle Hyperion financial administration 11; Oracle Hyperion Planning eleven; and Oracle’s PeopleSoft 9.1 fiscal administration. MarketSphere provides varied Oracle ERP services, including:
“Standardizing on up to date, business-type purposes is a aggressive skills for growing to be organizations,” talked about Steve Cox, vp, Oracle speed up global courses. “Oracle business Accelerators, Oracle's cloud-primarily based software configuration tools, delivered via companions like MarketSphere, can aid midsize groups straight away and easily implement Oracle functions to undertake and obtain company advantages automatically. we're excited to peer MarketSphere add Oracle business Accelerators for Oracle’s JD Edwards EnterpriseOne means to its current Oracle business Accelerators for Oracle E-business Suite credentials.”
A Platinum-stage member of Oracle PartnerNetwork with 9 Specializations to-date, MarketSphere offers advisory and know-how talents to e-book the birth of built-in Oracle ERP, EPM, HCM and BI options that optimize business efficiency. With wide, hands-on product expertise and deep useful and technical ability, MarketSphere is a pacesetter in company efficiency, expertise integration and enterprise transformation initiatives. lately, MarketSphere turned into awarded the 2012 Oracle Excellence Award for enterprise Intelligence and records Warehousing and the 2012 Oracle Fusion Middleware Innovation Award for company Analytics.
About Oracle accelerate
Oracle accelerate provides fundamental to deploy, packaged, commercial enterprise-category application solutions to growing midsize businesses through Oracle’s network of professional companions. Created by means of Oracle's expert companions, Oracle speed up solutions are fundamental to install, trade-certain packaged options, designed for fast time to improvement, which ability getting the correct answer in area promptly, inexpensively and with a managed scope and predictable returns. The best Oracle accelerate options are according to Oracle enterprise Accelerators, which might be powerful, cloud-based mostly fast implementation tools developed and maintained via Oracle to get you up and running on a wide range of Oracle applications, both straight away and reliably. Oracle has more than 290,000 midsize clients who buy Oracle to grow. To find out more, discuss with www.oracle.com/speed up.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) specialized is the latest edition of Oracle's associate application that provides partners with equipment to superior advance, sell and put into effect Oracle options. OPN really good offers resources to coach and aid really expert knowledge of Oracle products and solutions and has advanced to appreciate Oracle's turning out to be product portfolio, companion base and company chance. Key to the newest enhancements to OPN is the potential for partners to distinguish via Specializations. Specializations are performed through competency development, business results, abilities and confirmed success. To find out greater seek advice from http://www.oracle.com/partners.
Oracle and Java are registered trademarks of Oracle and/or its associates.
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The big theme at this at this week's OpenWorld was speeding up Oracle applications with 'big data' analytics.
The 45,000 attendees at this week's Oracle OpenWorld event in San Francisco were served up a program rich with announcements affecting Oracle's CRM, business intelligence, ERP and enterprise application landscape. Oracle Siebel CRM, PeopleSoft, JD Edwards and Oracle Business Process Management (BPM) were among the products in the spotlight. In addition, Oracle unveiled a couple of new boxes which are aimed at the business intelligence and Big Data markets.
Application performance was a big theme of the week's product announcements.
On the enterprise application front, Oracle (NASDAQ: ORCL) has tweaked its software to run better on the Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud, which makes sense given the context of these being the most rapidly adopted products in the company's history, according to CEO Larry Ellison. This release affects users of Oracle E-Business Suite, PeopleSoft, JD Edwards EnterpriseOne, Siebel CRM, Oracle's ATG Commerce Suite and Oracle Supply Chain Management.
For the Oracle E-Business Suite, for example, HR and procurement transactions are said to be eight times faster, while order-to-cash transactions are three times faster and accounting transactions seven times faster than they were previously on the various Oracle "Exa" boxes. For PeopleSoft financials, improved integration means five times faster journal posts and 40 percent faster payroll runs. On Oracle's Siebel CRM, the changes to Exadata and Exalogic bring order management enhancements, a more integrated loyalty management feature set and better data cleansing capabilities.
With JD Edwards EnterpriseOne, batch completion rates are 33% better. EnterpriseOne also now supports the move from batch to real-time transactions by providing progressive order processing. New capabilities include real time up-sell and cross-sell, a profitability analyzer and dynamic fulfillment scheduling, which ranks sales orders according to fulfillment priority.
Further, Oracle has added analysis capabilities: a financial position analyzer which models multiple scenarios with real-time reporting views; an allocations analyzer which models changes to complex cost and revenue allocations; an average balance analyzer which allows modeling of the effects of activity on the balance sheet; and close analyzer which enables finance to run through multiple close scenarios to assess bottom line results.
"By optimizing the integration with Oracle Exadata and Oracle Exalogic Elastic Cloud, they deliver tangible business benefits across all Oracle Application suites," said Steve Miranda, senior vice president of Application Development.
BPM Gets 'Process Accelerators'
Oracle continued with a barrage of announcements on the first day of its annual show. Oracle Process Accelerators have been built into Oracle Business Process Management Suite 11g as pre-built but customizable processes. These provide embedded best practices for repeatable business process patterns such as employee on-boarding and invoice processing.
"Most organizations use common processes to manage internal functions, such as employee on-boarding," said Michael Weingartner, vice president of Product Development at Oracle. "However, building custom business processes can be costly and time consuming."
In the public sector, for instance, Oracle has added incident reporting of unusual events or policy deviations, while travel request management supplies multi-level rule based workflow and document approval for managing standard or one-of-a-kind travel requests.
"Extending Oracle Business Process Management Suite 11g with pre-built Oracle Process Accelerators enables customers to increase the value of business processes and speed time-to-value and increase user productivity," said Weingartner.
The Oracle Exalytics Business Intelligence Machine is an in-memory hardware and software system engineered to run analytics faster. Exalytics holds the potential of broadening user adoption of business intelligence though the introduction of interactive visualization capabilities that can be utilized by users who aren't necessarily schooled in BI technology.
The box includes the Oracle Business Intelligence Foundation, a version of the Oracle TimesTen In-Memory Database, and an Oracle SunFire server (featuring the Intel Xeon E7-4800 processor with 40 cores) designed for in-memory analytics (it offers 1 TB RAM). The value proposition is that it is engineered as a single vendor system.
Oracle BI Foundation software comprises Oracle Business Intelligence Enterprise Edition (OBIEE) and Oracle Hyperion Essbase with additional performance upgrades and an improved visualization environment for interactive analysis. The TimesTen In-Memory Database is based on Oracle's in-memory RDBMS. It works on mobile devices such as iPad or iPhone.
"It's not just about fast querying, you also need in-memory analytics if you want to enable everyone to become an analyst," said Paul Rodwick, vice president of BI at Oracle. "You can have the whole of the Oracle BI Foundation suite running in memory within Exalytics."
Exalytics can analyze data from Oracle or non-Oracle relational, OLAP or unstructured data sources. This includes IBM DB2, Microsoft SQL Server, Netezza, SAP Business Information Warehouse and Teradata. It can be linked to an Exadata box over InfiniBand to accelerate analytics performance.
Rodwick noted that Exalytics could sit on top of the Big Data Appliance (see below) to analyze Hadoop unstructured data. In addition, complete Essbase cubes can reside in memory. It can also be connected to Exadata over two 40 Gbps Infiniband connections.
Big Data Appliance
The Oracle Big Data Appliance is Oracle's answer to the multitude of blogs, social media feeds, sensors and other devices that generate massive volumes of data outside of traditional database repositories and therefore isn't readily accessible to data warehouses and BI. The appliance can easily be integrated with Oracle Database 11g, Exadata and Exalytics.
Essentially, the Oracle Big Data Appliance is a way to load and process unstructured data in Oracle Database 11g, courtesy of an open source distribution of Apache Hadoop, Oracle NoSQL Database, Oracle Data Integrator with Application Adapter for Hadoop, Oracle Loader for Hadoop, an open source distribution of the R statistical language called Oracle R Enterprise, Oracle Linux and Oracle Java HotSpot Virtual Machine. The new Hadoop adapter simplifies data integration from Hadoop to an Oracle Database while Oracle Loader for Hadoop makes it possible to use Hadoop MapReduce processing to load and analyze data sets in Oracle Database 11g, which are generated using Oracle internal formats.
The news as of the first coffee this morning, and the music is Billie Holiday's Lady In Autumn: The Best Of The Verve Years:
Scanning the election results from yesterday, First Coffee sees that MSM-backed Nancy Pelosi and Hugo Chavez-backed Daniel Ortega both won. I can hear the champagne glasses clinking from San Francisco to Caracas.
Respond, a UK vendor of complaints and feedback software (some things are better automated, listening to ratchet-jaw complaints has to be one of them), has announced the latest version of its complaints and feedback management application, Respond CenterPoint 3.66.
Respond CenterPoint is a software system that has been "incrementally improved" to allow dedicated complaint and feedback handlers "within a customer service or feedback management department to automate the entire process from capture through resolution to reporting," according to Respond officials.
For version 3.66 company officials said they put the focus on providing deeper functionality and "expanding the application's capabilities for logging, tracking, managing and reporting on all forms of feedback data, including complaints, complex queries, enquires, issues, comments and compliments."
Respond's Head of Product Management, Ian Mapp, said all of the new features in Respond CenterPoint 3.66 "have been developed based on feedback from their customers."
Features include a new Outlook link that lets users register e-mails with existing complaint cases, open complaints or create a new complaint from an e-mail within Microsoft Outlook. This increases automation, reduces manual effort and errors, and integrates with familiar desktop applications.
A plug-in manager for enhanced system maintenance and a configurable repeat contact search facility have also been added along with what company officials say are "improved security options." This includes a powerful new feature to selectively manage confidentiality of individual data elements within a feedback or complaint case.
Respond CenterPoint 3.66 is part of the Respond 3 XA suite of enterprise applications
The company claims "significant market share" in both the high-profile financial services sector and the highly regulated public sector.
Vtiger, a vendor of enterprise-ready open source CRM, has announced the release of vtiger CRM 5.0. The vtiger business model is designed for small and medium businesses looking for an alternate to more expensive CRM products.
Company officials claim vtiger has been downloaded "close to 500,000 times already," and say it "ranks among top 5 most downloaded financial apps in sourceforge.net."
Vtiger CRM is built over LAMP/WAMP stack and other third-party open source packages. The software can be installed in Windows NT/2000/XP/2003 and different types of Unix/Linux-based distributions, such as RedHat 7.2/8.0/9.0, Debian 3.0, SuSe 9.0, Fedora Core 3.0, Mandrake 10.0, and FreeBSD.
Features of vtiger CRM include an Ajax-based user interface redesigned by implementing the best breed of Web 2.0 technologies, such as AJAX, Tag clouds, and mashups with other Web services
"Vtiger CRM has passed through more than 10 development cycles to ensure that the product is enterprise-ready and usable," said Shankar R.N.S, Product Manager at vtiger.
Pitney Bowes Group 1 Software has introduced its Customer Data Quality Platform, which is billed as letting businesses and government agencies "better manage their customer data by matching and consolidating information from across the enterprise into a single, comprehensive system of record."
Built on a robust service-oriented architecture framework, Group 1 Software's CDQ Platform has "built-in understanding to resolve both syntactic and semantic ambiguities and inconsistencies with global name recognition and advanced entity resolution," coupled with global address data quality and geocoding components.
The CDQ Platform uses a knowledgebase and allows analysts to create custom business rules as new composite services which can be published and extended to the enterprise. This can help a company unify customer account data, eliminate redundancies, link members of the same household, and generally expand customer knowledge.
Chris Baker, president of Pitney Bowes Group 1 Software, said by extending the functionality of customer relationship management (CRM), enterprise resource planning (ERP), and customer data integration (CDI) applications and initiatives, Group 1 Software "enables its customers to establish the foundation for important business decisions and protect their investments in existing customer information management systems."
In addition to providing an integrated framework for both batch and transactional CDQ, and rich support for integration with C, C++, VB.COM, C#/.NET, Java, Web services, and XML, the CDQ platform also supports Internet- based software-as-a-service (SaaS) delivery mode, and certified application connectors for SAP, Siebel and Microsoft Dynamics CRM.
Princeton Softech, an enterprise data management vendor, has announced that Deutsche Bank has selected Princeton Softech Optim.
Optim is marketed as enabling organizations like Deutsche Bank "apply a consistent enterprise data management strategy across applications, platforms and databases," letting organizations "align application data management with business objectives to optimize performance, control cost and reduce risks."
The idea Princeton Softech's pushing is that while organic business growth can inflate any application database with a wealth of information, application upgrades, while enhancing application functionality, can also add to database growth. Ultimately, their marketing pitch goes, application databases that drive business initiatives can become overloaded and performance slows.
In response, the company's saying Optim has "proven archiving capabilities" which allow organizations to "meet application performance targets, which in turn drives revenue growth. Information is readily available, allowing a quick response to client inquiries and legal requests. And Optim protects the privacy and integrity of enterprise data, helping to support compliance initiatives."
Deutsche Bank uses a Credit Risk Management application that runs on Oracle 9i and uses a Solaris database server. Over 2,000 businesses use the Credit Risk Management application.
Princeton Softech enterprise data management products are available for Oracle E-Business Suite, PeopleSoft Enterprise, JD Edwards EnterpriseOne, Siebel Applications and Amdocs CRM, as well as all custom applications.
And First Coffee doesn't want to tell anybody how to vote, but when the likes of Jihad Jaara, a senior member of the Al Aqsa Martyrs Brigades terror group and the infamous leader of the 2002 siege of Bethlehem's Church of the Nativity, as well as Muhammad Saadi, a senior leader of Islamic Jihad and Abu Abdullah, a leader of Hamas' military wing in the Gaza Strip are all encouraging Americans to vote for Democrats, I'd at least have thought twice before voting for them, otherwise it's kind of like Michigan agreeing to hire the guy Ohio State would like to see them hire to be their football coach.
The New York Times didn't report Jaara's endorsement? Oh. Hm. Strange, but no doubt it's for your own good. Don't want you to get all confused or anything.
If read off-site hit http://blog.tmcnet.com/telecom-crm/ for the fully-linked version. First CoffeeSM accepts no sponsored content.
BEIJING--(Marketwire - 12/14/10) - Oracle (NASDAQ:ORCL - News)News Facts
Supporting Multi-Attribute Products from Components to Finished Goods
About Oracle Applications Over 65,000 customers worldwide rely on Oracle's complete, open and integrated enterprise applications to achieve superior results. Oracle provides a secure path for customers to benefit from the latest technology advances that improve the customer software experience and drive better business performance. Oracle Applications Unlimited is Oracle's commitment to customer choice through continuous investment and innovation in current applications offerings. Oracle's next-generation Fusion Applications build upon that commitment, and are designed to work with and evolve Oracle's Applications Unlimited offerings. Oracle's lifetime support policy helps ensure customers will continue to have a choice in upgrade paths, based on their enterprise needs. For more information on the latest Oracle Applications releases go to: www.oracle.com/applications.About Oracle Oracle (NASDAQ:ORCL - News) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, please visit their Web site at http://www.oracle.com.Trademarks Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.Embedded Video AvailableImage Available: http://www2.marketwire.com/mw/frame_mw?attachid=1449343Embedded Video Available: http://www2.marketwire.com/mw/frame_mw?attachid=1449352Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1449347
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