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News Story

Software delivers financial performance metrics.


May 15, 2008 - Configurable, role-based JD Edwards EnterpriseOne Financial Management and Compliance Console contains 47 pre-defined metrics that can be adapted to hundreds of permutations depending on company's requirements. Metrics include financial ratios, general accounting, accounts receivable, accounts payable, and corporate governance. Compliance alerts allow organizations to monitor changes to critical system settings, such as credit limits, and also identify segregation of duties exposures.


Related categories:   Software

Press Release
Release date: May 12, 2008


Oracle Introduces Oracle's JD Edwards EnterpriseOne Financial Management and Compliance Console


New Console Delivers Targeted Financial Performance Metrics and Powerful Business Analytics to User Desktops

REDWOOD SHORES, Calif., May 12 /-- In order to provide targeted financial performance metrics and compliance information to multiple stakeholders within the organization, Oracle has delivered Oracle's JD Edwards EnterpriseOne Financial Management and Compliance Console. This new application enables JD Edwards EnterpriseOne customers to define role-based views across a comprehensive set of performance metrics to deliver users relevant information within their areas of responsibility.
-- Built using core JD Edwards EnterpriseOne technology, the console extends JD Edwards EnterpriseOne financial applications and demonstrates Oracle's ongoing commitment to protect and extend customers' existing investments as part of Oracle's "Applications Unlimited" program.
-- Now, operational users are empowered with analysis capabilities at their desktops, enabling them to better communicate operational goals and quickly identify and address problems at the line-of-business level.

Enhanced End-User Capabilities and Targeted Analytics at a Low Total Cost of Ownership

-- Easy to use, maintain and extend, the JD Edwards EnterpriseOne Financial Management and Compliance Console is a configurable, role-based console that contains 47 pre-defined metrics that can be adapted to hundreds of permutations depending on a company's requirements. Metrics include financial ratios, general accounting, accounts receivable, accounts payable and corporate governance.
-- The JD Edwards EnterpriseOne Financial Management and Compliance Console also includes seven categories of compliance alerts to support operational controls in an organization. Compliance alerts allow organizations to monitor changes to critical system settings such as credit limits and expense management policies, and also provides alerts that identify segregation of duties exposures.
-- Architected to be easily extended by customers and business partners using existing JD Edwards EnterpriseOne Tools, custom metrics and alerts can also be attached to JD Edwards EnterpriseOne Financial Management and Compliance Console.
-- Oracle business partners are already extending the console with industry-specific content to support homebuilders, engineering and construction companies, as well as providing additional functional content in the area of governance, risk and compliance.
-- The JD Edwards EnterpriseOne Financial Management and Compliance Console does not require a data warehouse, thereby lowering total cost of ownership and providing businesses an affordable point of entry into business analytics.

Supporting Quotes
-- "We purchased the JD Edwards EnterpriseOne Financial Management and Compliance Console based on its ability to deliver targeted analytics to various roles in our organization and its low cost of ownership," said Dan Holverson, Director, Applications Systems with the Orlando Utilities Commission. "We plan to implement this solution along with our JD Edwards EnterpriseOne 8.12 upgrade which is scheduled for go-live later this year. The configurable nature of the console will allow us to add custom metrics and alerts as needed."
-- "Q Software is pleased to be one of Oracle's Enterprise Security and GRC partners and is proud to be the first partner to commit to develop security and compliance feeds into the JD Edwards EnterpriseOne Financial Management and Compliance Console," said Mike Ward, Managing Director of Q Software Global Limited. "This is a natural extension not only of the close working relationship between Oracle and Q Software -- but also of the GRC and security solutions we already provide to well over 200 JD Edwards customers. We are well advanced in developing the core technologies required for JD Edwards EnterpriseOne compliance data extraction and reporting. Once ready, we will extend this to provide the necessary interface for the JD Edwards EnterpriseOne Financial Management Compliance Console."
-- "Operational consoles are the new front door to analytics," said Oracle Group Vice President, Lenley Hensarling. "The new JD Edward's EnterpriseOne Financial Management and Compliance Console puts powerful analysis capabilities into the hands of operational users -- such as those within a division or specific department -- to support an agile and adaptive enterprise with more informed business decision making. We believe organizations of all sizes will benefit from this latest solution."

General Availability
Oracle's JD Edwards EnterpriseOne Financial Management and Compliance Console is currently available for licensed customers relying on JD Edwards EnterpriseOne versions 8.11 SP1 and 8.12.

Supporting Resources

News Resources
Oracle Integrates Oracle's JD Edwards EnterpriseOne and Oracle's Demantra
http://tinyurl.com/4qmv5o

Oracle Releases Oracle's JD Edwards EnterpriseOne Tools 8.97
http://tinyurl.com/4t4p3v

Related Articles
The Evolution of EnterpriseOne
http://tinyurl.com/4234md

Podcasts, Webcasts and Videos
JD Edwards EnterpriseOne Appcasts
http://tinyurl.com/38qp8h

Related Resources
Independent Analyst Reports Regarding JD Edwards
http://tinyurl.com/3k4mbk
JD Edwards EnterpriseOne Financial Management and Compliance Console
http://tinyurl.com/5hzfl4
JD Edwards EnterpriseOne Tools and Technology
http://tinyurl.com/3ycx8w
JD Edwards EnterpriseOne Financial Management
http://tinyurl.com/6lussv

About Oracle
Oracle (NASDAQ:ORCL) is the world's largest enterprise software company. For more information about Oracle, please visit our Web site at http://www.oracle.com/.

Trademark
Oracle and JD Edwards are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

CONTACT: Jessica Moore of Oracle. +1-650-506-8741, jessica.moore@oracle.com

Web site: http://www.oracle.com/




Contacts:

Public Relations:
Blanc and Otus
Neil Torres
USA
Phone: 415-856-5140
Send email  E-mail this person

General Information:
Jessica Moore
USA
Phone: 650-506-8741
Send email  E-mail this person

Company Information:
Name: Oracle Corp.
Address: 500 Oracle Pkwy.
City: Redwood Shores
State: CA
ZIP: 94065
Country: USA
Phone: 800-672-2531
FAX: 650-506-7200
http://www.oracle.com



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