ORACLE
“ I am so excited about the wealth and the breadth of the capabilities we are bringing to market ”
– Dan Bloch , Vice President , Diversified Industries , Financial and Supply Chain Solutions
202 recognition and deferred obligations in customer contracts , similar to the IFRS 15 requirement . Given this particular partner ’ s expertise in auditing , they can anticipate the needs to collect contract level information during an ERP or supply chain implementation and make the appropriate design considerations up front to satisfy this accounting requirement .”
Again , this is something that differentiates cloud from on-premise solutions , he says . “ On-Premise software brings with it a greater burden , in resources and cost , of customisation and upgrading . To that extent its benefits are short term . In contrast , while the Oracle Cloud does permit extensive configuration and even the development of extensions , it does not allow the customer to customise . This is a good thing . While customers typically go through some change management to use the software the way it is designed , this ultimately that puts them in
JULY 2018