Unlock Your Oracle ERP Data: Discover the Angles Views Lite and Wands for Oracle Advantage

by thebestworldevents.com 21 March 2024 · Business Intelligence

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In today’s dynamic business landscape, data is king. Your finance team is under pressure to make data-driven decisions that optimize financial health and fuel strategic growth. But a hidden roadblock can impede your progress: report generation. Traditional reporting methods often require technical skills to build queries and wrangle data, creating a bottleneck for finance teams who lack in-house expertise. This reliance on IT for reports can lead to delays and frustration, hindering your team’s ability to be agile and responsive.

The Price of Manual: How Lack of Technical Skills Hinders Finance Teams

Unfortunately, a lack of technical skills for custom reports can lead to a cascade of negative consequences for your finance team:

Delayed Insights: Without the ability to build custom reports, you become reliant on IT to generate reports. This creates a queue and delays in accessing critical data. Time-sensitive decisions are hindered, and opportunities to capitalize on trends or address issues swiftly can be missed.
Limited Visibility: Traditional, pre-built reports may not offer the granular detail you need for a comprehensive financial picture. With limited technical capabilities your team might struggle to slice and dice data, uncover hidden patterns, or perform deep dives into specific areas. This lack of visibility can lead to missed opportunities for cost savings or uncovering financial risks.
Inefficiency and Bottlenecks: The reliance on IT for custom reports creates a bottleneck. Your team will spend valuable time submitting requests, waiting for reports to be built, and clarifying any discrepancies. This inefficiency diverts your resources away from core analysis and strategic planning.
Reduced Accuracy and Control: Your team may be forced to rely on outdated or inaccurate data if they lack the ability to build custom reports and verify data integrity. This can lead to erroneous decisions with potentially significant financial consequences.
Decision Paralysis: Without access to the right data at the right time, you will struggle to make confident decisions. This indecisiveness can hinder progress and limit your ability to proactively manage financial health.

Fortunately, new insightsoftware solutions are emerging to bridge this gap. Angles Views Lite, an integration with Wands for Oracle, empowers your finance team to streamline reporting and unlock the power of your Oracle ERP data.

Your Options for Custom Reporting for Oracle ERP

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Angles Views Lite and Wands for Oracle: A Match Made in Data Heaven

Angles Views Lite offers a game-changer: pre-built, business-ready views of Oracle ERP data. This eliminates your need to write and test complex queries from scratch, a significant time-suck that delays access to crucial insights. Wands seamlessly integrates with these pre-built views, allowing your users to leverage their existing Excel skills to create reports and dashboards. This fosters self-service reporting, empowering you to take control of your data needs without relying on IT for every request. Let’s delve into the specific benefits this integration offers and the positive results it can deliver for you:

Faster Time to Insights: Gone are the days of waiting for IT to build and test complex queries. Angles Views Lite provides a library of pre-built, business-ready views of Oracle ERP data. This eliminates the need for your team to write queries from scratch, saving them valuable time and allowing them to access critical insights faster. With faster access to data, you can identify trends, respond to market shifts, and make informed decisions in real-time, keeping your organization ahead of the curve.

Empowering Self-Service Reporting: Wands for Oracle seamlessly integrates with Angles Views Lite’s pre-built views. This empowers your team members, even those without extensive technical expertise, to leverage their existing Excel skills to create reports and dashboards tailored to their specific needs. This fosters self-sufficiency, reducing reliance on IT for basic reports and freeing up valuable IT resources for more complex tasks. Additionally, self-service reporting allows your users to experiment and iterate on reports quickly, enabling them to gain a deeper understanding of the data and uncover hidden insights that might have been missed otherwise.

Improved Accuracy with Real-Time Data: Traditional reporting methods can often suffer from delays and outdated information. The integration of Angles Views Lite and Wands for Oracle ensures real-time access to data, eliminating the risk of basing strategic decisions on inaccurate or stale information. This newfound confidence in data integrity empowers your team to make more informed decisions and build a solid foundation for strategic planning. Real-time data access also allows you to continuously monitor key financial metrics, enabling proactive identification and mitigation of potential risks.

Deeper Visibility with Comprehensive Views: Angles Views Lite’s pre-built views extend beyond basic financial data, encompassing various modules like HR and supply chain. This integrated view provides a more holistic perspective on your organization’s financial health. Your team can now analyze the interplay between different departments, identify hidden cost drivers, and uncover potential inefficiencies across the organization. This comprehensive view allows for more strategic resource allocation and better-informed long-term financial planning.

Simplified Reporting with Familiar Interface: Wand’s user-friendly interface leverages the familiar Excel environment. This eliminates the need for your team to learn a new reporting tool, making it easy for users with basic Excel skills to get started quickly. This user-friendliness fosters wider adoption, further empowering individuals to take ownership of their data analysis and reporting needs. The familiar interface also reduces onboarding time for new team members, allowing them to become productive contributors in a shorter timeframe.

Your finance team is the strategic backbone of your organization, but without the right tools and access to data, your ability to make informed decisions can be hampered. The powerful combination of Angles Views Lite and Wands for Oracle offers a solution. By streamlining your reporting processes, empowering self-service analysis, and unlocking the power of real-time data, this integration equips your finance team to become a true strategic partner. Imagine the possibilities: faster decision-making, deeper financial insights, and a proactive approach to managing your organization’s financial health.

Don’t wait any longer. Take control of your data and empower your team to reach its full potential. Watch our recent webinar ‘Instant Operational and Financial Data Access with Angles Views Lite’ to learn more about how Angles Views Lite and Wands for Oracle can transform the way your finance team works.