1Z0-508 exam Dumps Source : Oracle Fusion Financials 11g generic Ledger Essentials
Test Code : 1Z0-508
Test denomination : Oracle Fusion Financials 11g generic Ledger Essentials
Vendor denomination : Oracle
: 127 real Questions
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The Evangelical Christian credit score Union migrated from E-enterprise Suite to Oracle Fusion Financials. It sever fees...
but lost out on integration.
At Collaborate sixteen, Mary Furman, software manager for the Evangelical Christian credit Union (ECCU), described the way of migrating from on-premises Oracle E-enterprise Suite economic functions to Oracle Fusion Financials in the cloud. while the company succeeded in slicing prices, there are nevertheless some issues that Furman misses about working on premises.
"for those who stream to Fusion from E-enterprise Suite, or not it's now not an improve," Furman noted. "it's truly a brand novel implementation." Furman discovered that Fusion runs slowly and might absorb to three minutes to reload after an replace. She said, "it breathe at complete times late if you are used to E-business Suite with the server on premises." She described the circulation to cloud as an "adjustment." The researching curve for the safety device has been in particular steep, she spoke of. "The security setup in E-company Suite is awfully distinctive in Fusion. i am having some difficulty gaining erudition of security." although, Furman spoke of, "whenever anyone complains about Fusion, I disclose that we're saving a boatload of cash."
The stream to the cloud turned into inspired by way of the requisite to reduce prices throughout the fiscal recession of the early 2000s. The wake-up muster came when ECCU had its first church foreclosures in forty years. "It looks fairly unhealthy to foreclose on a church," Furman observed.
The Brea, Calif.-primarily based credit union, which works with 1,700 ministries and 3,900 missionaries across 122 nations, began downsizing. Oracle E-business Suite came with a lot of charges, similar to licensing charge, team of workers, assist and the upkeep of the quite a few customizations the ECCU vital. So, the company spent six months thinking of the deserves of the cloud before deciding to design the jump to Oracle Fusion functions. Furman started the implementation in February 2015 with a go-are vital date set for July 1, 2015. She became able to implement the assignment on time.
earlier than its stream to the cloud, the ECCU used SQL Server and Oracle company Intelligence Discoverer for reporting. The core banking software became not an Oracle product but did escape on worthy of an Oracle database. Furman spoke of that the ECCU reached its current configuration after going over 24 diversifications of E-company Suite and Fusion, considering the possess an repercussion on on stop users, the basic integration of the device, the implementation time and the timing in the fiscal yr. The most useful condition, Furman stated, would possess been to hold or even enhance the combination of the financials with HR and payroll. despite the fact, while this turned into viable, it might possess taken extra time and funds than the ECCU turned into inclined to allocate. The tooling required to preserve the combination would possess pushed the go-reside date back to Jan. 1, 2016, based on Furman.
in case you stream to Fusion from E-company Suite, or not it's not an improve. it breathe definitely a novel implementation. Mary Furmanapplication supervisor, Evangelical Christian credit Union
The existing configuration replaces the fiscal module of Oracle E-company Suite with Oracle Fusion Financials, whereas human resources and payroll remain on premises. Furman referred to, "The draw back is, we're now not integrated anymore." To sever prices, the ECCU dropped the computerized syncing between banking and payroll and now enters the changes through hand. while Furman hasn't given up on the possibility of pathetic payroll to the cloud, she observed "Fusion just wasn't reasonably in a position for the payroll answer."
Furman and her group additionally bumped into problems selected to fiscal institutions. as an example, Furman pointed out Oracle E-business Suite automatically up-to-date the depreciation of the value of objects relish paintings and laptops, but with the Oracle Fusion Financials, complete that assistance has to breathe entered by means of hand. The ECCU besides had to dispose of using corporate credit cards as a result of loading cost onto them with Oracle Fusion Financials proved to breathe challenging. Furman has besides had considerations with updating facts and she or he and her team possess switched to updating data most efficient on an as-mandatory basis.
despite the fact, the implementation itself befell with minute difficulty, Furman spoke of. "i was expecting loads of cellphone calls, but there possess been no concerns. I felt just relish the Maytag repair man."
September 21, 2010Oracle broadcasts Oracle Fusion trade functions
by Rajani Baburajan, TMCnet Contributor
Oracle, a issuer of enterprise utility and hardware systems, announced the subsequent era of company functions, Oracle (news - Alert) Fusion functions, which would permit purchasers to extend the cost of their utility atmosphere via setting the usual for utility architecture, design and use.
in line with enterprise officials, Oracle Fusion purposes possess set a novel commonplace for the users to innovate, work and undertake technology.
The software gives performance for a lot of industries and geographies in fiscal administration, procurement and sourcing, mission and portfolio management, human capital administration, consumer relationship administration, supply chain administration, and governance possibility and compliance.
one of the crucial advantages of the software is the carrier-oriented architecture. The utility helps clients manage features throughout a heterogeneous ambiance reminiscent of dispensed order orchestration and shared features procurement.
The application presents a job-based mostly consumer experience, combining trade intelligence, exception-primarily based processing, transactions and collaboration in the context of the work being carried out, the company observed.
an extra essential characteristic of Oracle Fusion applications is the embedded enterprise intelligence, through which it gives guidance to win the rectify choices within the context of the work being carried out without approaching a separate BI system.
Oracle Fusion software is constructed on a basis of 100% requirements-primarily based middleware the usage of a carrier oriented strategy and a typical facts model. It advantages each the trade and IT, accelerating the pace of trade and innovation whereas simultaneously lowering each short and long-term fees, the trade referred to.
The simplified configuration and a standard facts mannequin enable a transformation-as soon as-alternate in every single space strategy to enterprise dashing the pace of innovation and reducing the boundaries and delays.
Oracle Fusion software elements a role-based mostly consumer undergo that integrated trade intelligence, exception-primarily based signals and collaboration capability delivered collectively within the context of the work being carried out, company officers said.
The software gives organizations the alternative of adopting a modular fashion and operation decisions and to scale up and down depending upon the alterations within the company wants.
Oracle Fusion applications give a collection of deployment options reminiscent of on premise, inner most clouds, public clouds, and company technique outsourcing or a mingle of these.
purchasers adopt Oracle Fusion utility to rehearse a modular fashion and to co– exist with the existing purposes.
lately Oracle besides announced Oracle WebLogic Server 11g, a constituent of Oracle Fusion Middleware, working Oracle Linux on a HP ProLiant DL980 G7 server, in conjunction with Oracle Database 11g, finished a global checklist single-node outcomes with the SPECjAppServer2004 industry fair benchmark.Rajani Baburajan is a contributing editor for TMCnet. To read extra of Rajani's articles, gladden visit her columnist page.› extra Unified Communications function Articles
today, Oracle has launched its quarterly patch update for July 2018. It fixes a record variety of 334 vulnerabilities.
The main highlights are as follows:
ERPScan research and protection Intelligence groups give an evaluation of the vulnerabilities closed through this crucial Patch update.
This quarter’s CPU for July 2018 contains more protection patches than the outdated CPU for April 2018 (see a bar chart).
The graph above shows that the seller released yet one more listing-breaking batch of patches. it's protected to pretension that there is a relentless style of transforming into set of Oracle CPU. The established number of protection patches has tripled in the ultimate four years (from 113 to 334).Oracle Vulnerabilities with the aid of application type
The patch updates touch a immense achieve of items. The affected product families are shown in a table and sorted in descending order of the closed concerns.Product clique of relativesNumber of patches fiscal functions purposes 56 Fusion Middleware 44 Retail applications 31 MySQL 31 Hospitality applications 24 solar techniques products Suite 22 PeopleSoft 15 commercial enterprise supervisor products Suite sixteen E-company Suite 14 Communications purposes 14 Virtualization 12 construction and Engineering Suite 11 JD Edwards products 10 Java SE eight give Chain products Suite eight Utilities applications 4 Database Server 4 coverage Automation 3 Hyperion 2 coverage applications 2 Siebel CRM 1 iLearning 1 help tools1
As seen from the table and illustrated in a pie chart, economic functions functions lead by using the variety of the closed issues. The vulnerabilities in Fusion Middleware maintain raising and their number is ranked 2nd in July’s CPU.Vulnerabilities in Oracle’s business-crucial applications
The fact that Oracle has 110,000 applications purchasers from the wide achieve of industries, makes it of the utmost magnitude to rehearse the released safety patches.
This quarter’s CPU consists of 203 patches for vulnerabilities affecting a scope of the most significant enterprise functions from Oracle, specifically, PeopleSoft, E-business Suite, Fusion Middleware, Retail, JD Edwards, Siebel CRM, economic features, Hospitality functions, supply Chain.
About 65 % of them can breathe exploited remotely devoid of entering credentials.Oracle PeopleSoft protection
Oracle PeopleSoft is an utility suite of company and trade options, comparable to PeopleSoft Human Capital administration, fiscal management, enterprise Relationship management, trade functions Automation, and provide Chain administration. because it manages a wide achieve of trade techniques and shops key data, a successful assault against PeopleSoft enables an attacker to steal or maneuver distinctive company significant guidance, reckoning on modules installed in a company.
This significant patch update incorporates 15 fixes for Oracle PeopleSoft with the maximum CVSS score of 9.8.Oracle E-business Suite protection
Oracle E-company Suite (EBS) is the main enterprise utility developed by using Oracle. because it manages a wide achieve of company methods and outlets key records, a successful attack in opposition t Oracle EBS enables an attacker to steal and maneuver diverse enterprise vital assistance, counting on modules reserve in in a firm.
This censorious patch update includes 14 fixes for Oracle EBS. The highest CVSS ranking is eight.2.Oracle Vulnerabilities identified through ERPScan research crew
This quarter, 17 vital vulnerabilities found by means of ERPScan researchers had been closed.
The details of the recognized concerns are supplied under:
nevertheless, Oracle determined not to point out ERPScan’s contribution and did not provide a credit score on account that ERPScan were placed on a Treasury sanctions list.probably the most censorious Oracle Vulnerabilities Closed via CPU for July 2018
Oracle prepares risk Matrices and linked documentation describing the situations that are required to win edge of a vulnerability and the potential possess an repercussion on of a a success assault. The severity of the vulnerabilities is calculated via the established Vulnerability Scoring system (CVSS ). This goals to assist Oracle customers to repair essentially the most significant considerations first.
the most significant concerns closed by using the CPU are as follows
it's totally informed that organizations patch complete these vulnerabilities to support away from company hazards affecting their techniques. companies offering Oracle protection assessment and Oracle Penetration testing features may still encompass these vulnerabilities of their checklists.
protection ,oracle ,vulnerabilities ,oracle purposes ,erpscan
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Accounting and fiscal SoftwareShared customers will capitalize from increased scalability, manageability and Security of their mission-critical systems
NEW YORK CITY, July 11 / -- 170 Systems today announced that it will offer its flagship product line, the 170 MarkView fiscal Suite, based on Oracle® Database 11g. The novel performance, scalability, manageability and application development features in Oracle Database 11g will enhance 170 MarkView fiscal Suite's performance and value for its Global 2000 customer base.
One of the earliest Certified edge Partners in the Oracle PartnerNetwork, 170 Systems has deployed the 170 MarkView fiscal Suite in the world's largest companies to optimize and manage their fiscal processes. The 170 MarkView fiscal Suite, which is integrated with the Oracle Database and Oracle Fusion Middleware, will extend Oracle Database 11g's novel benefits to its users.
"Our customers collectively process well over $100 billion in censorious fiscal transactions annually with the 170 MarkView fiscal Suite and requisite a secure and dependable database platform that can reconcile and scale quickly to support their growing and changing organizations. The Oracle Database 11g will further enhance these areas for their customers, while helping to reduce the time, endeavor and cost of maintaining their information systems," said Karl Buttner, Chairman and Chief Technology Officer of 170 Systems. "170 Systems is very pleased to possess worked closely with Oracle as fragment of the Oracle Database 11g Beta program," Buttner added.
"We were delighted that 170 Systems participated in the Oracle Database 11g Beta Program," said Willie Hardie, vice president of Database Product Marketing at Oracle. "Oracle Database 11g delivers a wide achieve of novel development and management features that will aid partners relish 170 Systems offer customers faster performance and more scalability from their application solutions."
About Oracle Database 11gOracle Database is the only database designed for grid computing. With the release of Oracle Database 11g, Oracle is making the management of enterprise information easier than ever, enabling customers to know more about their trade and innovate more quickly. Oracle Database 11g delivers superior performance, scalability, availability, security and ease of management on a low-cost grid of industry standard storage and servers. Oracle Database 11g is designed to breathe effectively deployed on everything from small blade servers to the biggest SMP servers and clusters of complete sizes. It features automated management capabilities for easy, cost-effective operation. Oracle Database 11g's unique aptitude to manage complete data from traditional trade information to XML and 3D spatial information makes it the standard altenative to power transaction processing, data warehousing, and content management applications.
About Oracle PartnerNetworkOracle PartnerNetwork is a global trade network of more than 19,500 companies who deliver innovative software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork program provides partners with the resources they requisite to breathe successful in today's global economy. Oracle partners are able to offer their customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Partners who are able to demonstrate superior product knowledge, technical expertise and a commitment to doing trade with Oracle qualify for the Oracle Certified partner levels. Partners who are able to demonstrate the highest flat of product knowledge, technical expertise and a commitment to trade with Oracle qualify for the Oracle Certified edge partner level. These partners receive a higher flat of service, support, training and certification from Oracle. http://partner.oracle.com/
About 170 Systems170 Systems is the proven leader in software solutions that manage and optimize fiscal processes for the world's largest companies. With over 40 percent of its customers in the Global 2000, 170 Systems' software embeds best practices in the end-to-end automation of fiscal processes, including Accounts Payable, Expense Management, Procurement, Accounts Receivable, Asset Management, generic Ledger and Project Re-Billing. The result is an unmatched solution that ensures cost-effective and timely management of complete transactions via a consistent process so that finance organizations can reduce operating costs, strengthen internal controls, help service levels and maximize cash flow. 170 MarkView, the company's flagship product suite, is tightly integrated with leading ERP systems and is operational in more than 40 countries worldwide.
For more information about 170 Systems, gladden muster 781.743.1900 (North America), +44 0208 610 6009 (other regions) or visit www.170systems.com.
FCMN Contact: firstname.lastname@example.org
Source: 170 Systems
CONTACT:Allison Parker of 170 Systems, +1-781-743-1991, aparker@170Systems.com
Web site: www.170systems.com/http://partner.oracle.com/Related Thomas Industry Update
Business Intelligence | NewsCal State Adds BI to Cross-Institutional Data Warehouse Project
The California State University system recently deployed Oracle's trade Intelligence (BI) Enterprise Edition on three of its 23 campuses as fragment of an ambitious cross-institutional project called the "Common fiscal System Reporting and Data Warehouse."
Cal State's initiative is intended to deliver reporting and analytic capabilities through a centrally maintained, enterprise-wide fiscal reporting environment and data warehouse. A goal is besides to allow individual campuses to maintain reporting flexibility for their own purposes.
The latest installation combines the BI capabilities with a previous deployment of Oracle PeopleSoft Enterprise fiscal Management 9.0. The project is expected to eventual through July 2011. Current deliverables, according to a draft report published by Cal State in May, focus on generic ledger data and reporting. Additional capabilities will breathe rolled out on a quarterly basis, with priorities set by a governance committee made up of representatives from a number of functional areas and institutions.
"Considering the tough economic climate for higher education institutions throughout the country, it is censorious for universities to accumulate business-critical information in a concise and efficient manner to ensure they are making optimal fiscal decisions," said Jessie Lum, senior director for the common management system in the chancellor's office. "Oracle's solutions will provide CSU with the pertinent and timely information it needs to develop efficient short and long-term strategies for the university."
Several other institutions are besides deploying Oracle systems, including Texas A&M University, Washington State University, and the University of Massachusetts system.
U Massachusetts is using Oracle's BI application in an upgrade of the five-campus institution's human resources system. The deployment will incorporate HR data into executive-style dashboards. The dashboards will tow data from the university's PeopleSoft applications to support areas ranging from grants management to enrollment management. For example, the university's first set of dashboards provides role-based access for research concede data, enabling users such as administrators and principal investigators to track concede spending across the duration of the grant, alerting them if they're tracking over or under budget thresholds.
The enterprise reporting program "provides users at complete levels of the university smooth access to fiscal information in a comprehensive format," said Jacqui Watrous, director of administrative systems for administration and finance. "We are creating dashboards that summarize their data, giving administrators the aptitude to note trends and details that aid them efficiently manage operations."
Washington State in Pullman is working with Oracle consultants to update its student data systems. This set of applications, many of which are 30 to 40 years old, maintains basic university functions including admissions, registration, fiscal aid, student records, and collection of tuition. Replacement of the "crippled" systems is urgent, according to the institution. In August 2009 Web programs that provide several of these student functions failed during registration and were unavailable for four days.
The upgrade project was scheduled to start in July 2010 with completion slated for October 2012. The project received $15 million in emergency funding from the state legislature.
The novel deployment will combine PeopleSoft Enterprise Campus Solutions with Oracle Database Enterprise Edition. The university system will besides expend Oracle's BI suite and Campus Fusion Intelligence to deliver information about student data via dashboard. Washington State opted to possess the novel programs hosted by Oracle.
"By using Oracle On claim to host their student solution, they will breathe able to minimize risk and maintenance efforts as well as deliver the project on time," said Viji Murali, CIO and vice president for information services.
At Texas A&M, the Texas Engineering Experiment Station (TEES) has deployed Oracle software to aid track and manage research activities. The installation includes Database 11g and several components of Fusion Middleware, including WebCenter Suite 11g and Universal Content Management. TEES has developed the platform and hosts it in a shared services model for other agencies and institutions within the A&M system.
The software is enabling researchers to customize their individual portals and communicate with internal and external visitors through wikis and blogs. As adoption by researchers continues, TEES will roll out additional social computing tools included in WebCenter, such as workspaces, presence awareness, tagging, and a trade networking tool.
"Managing information and research projects across a number of different institutions was becoming a very costly, complicated and time consuming process," said Leonarda Horvat, CIO and director of Information Systems at TEES. "To streamline this process and empower their researchers with a more dynamic and supple user interface, they decided to deploy Oracle [products]. As a result, they possess not only simplified information access, but besides improved collaboration."
Dian Schaffhauser is a senior contributing editor for 1105 Media's education publications THE Journal and Campus Technology. She can breathe reached at email@example.com or on Twitter @schaffhauser.
REDWOOD SHORES, Calif., June 26, 2017 /PRNewswire/ -- Oracle (NYSE: ORCL) announced today that Bank of America (NYSE: BAC) has selected Oracle's cloud-based ERP and fiscal applications for both its international generic ledger and its broker-dealer systems. Oracle is the world leader in Cloud ERP systems. The company now has more than five thousand Fusion fiscal cloud applications customers installed worldwide.
"Bank of America is among the most sophisticated applications customers in the world," said imprint Hurd, CEO, Oracle. "Companies in record numbers are migrating legacy ERP applications to Oracle ERP Cloud. Oracle will deliver Bank of America the most modern, complete, global ERP applications in the world."
"Our continued focus on technology modernization has positioned Bank of America as a concurrent technology company," said Cathy Bessant, Chief Operations and Technology Officer. "Our agreement with Oracle is about their technology and culture; we'll learn with and from each other to deliver the best solutions. They anticipate 80 percent of their technology workloads will breathe delivered on the cloud within the next few years, and this solution for generic ledger reflects their evolving strategy and the improvements in cloud security and economics."
About Bank of AmericaBank of America is one of the world's leading fiscal institutions, serving individual consumers, small and middle-market businesses and great corporations with a replete achieve of banking, investing, asset management and other fiscal and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small trade relationships with approximately 4,600 retail fiscal centers, approximately 15,900 ATMs, and award-winning digital banking with approximately 35 million vigorous users and more than 22 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad achieve of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small trade owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in complete 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the novel York Stock Exchange.
About OracleThe Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), gladden visit us at oracle.com.
TrademarkOracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may breathe trademarks of their respective owners.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/bank-of-america-selects-oracle-cloud-for-erp-and-financials-300479594.html
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