Software as a Service (SaaS) cloud computing differs from on-premises software in one critical way. While a company hosts everything in-house in an on-premise environment, in a cloud environment, a third-party provider, like Oracle for example, hosts these components for you. This allows companies to pay on an “as-needed” basis and effectively scale up or down depending
The concept of enterprise resource planning dates back to as early as the 1960s when ‘Centralised Computer Systems’ were primarily used to support inventory management. Flash forward to the early 1990s and the formal term ‘Enterprise Resource Planning’ (ERP) was first used to describe inter-functional systems managing different business processes; including accounting, manufacturing, distribution
Enterprise Resource Planning (ERP) software is the backbone of many organisations, managing important processes throughout the entire enterprise. As the world increasingly goes digital, organisations can expect their ERP systems to be upgraded and extended with cutting edge technology. Read on for insights on the future of ERP from our inaugural State of ERP
Early 2019 saw the release of the first iteration of Primavera P6 EPPM 19. Oracle will continue to update the cloud version of P6 EPPM 19 until it is made available to on-premise users in August. Once all features have been launched in August, the P6 experts at Prescience Technology release an annual eGuide
A good plan makes a great project. But what exactly constitutes a ‘good’ plan, and how do you benchmark and standardise your project plans against industry standards, all while predicting and mitigating against potential risks that threaten your project’s success? Last November, Prescience Technology’s Chief Operating Officer, Wayne Wilson, spoke on this topic at the Project
CIOoutlook magazine has named Prescience Technology among the Top 10 Oracle Solution Providers in APAC as part of its latest Oracle issue. “With more than 250 partners across various verticals, Oracle’s partners and service providers play a significant role by adding value to its products and furthering the software giant’s contribution to the technology
Relentless digital developments have created the chance for the finance team to become true strategic leaders across the business—but they have also raised expectations and generated new challenges. Business Trends for CFOS in the Digital Age? Digital developments have historically been handled within a single department. Customer service responded to the growth of social;
The Clear Imperative for Cloud Applications Research shows that legacy ERP 1.0 systems were not designed for usability and insight. More than three quarters of business leaders say their current ERP system doesn’t meet their requirements, let alone future plans. These systems lack modern best-practice capabilities needed to compete and grow. To enable today’s
In the digital age, it ought to be easy to gather data and present it well. But in recent years, producing annual reports has become increasingly pressurised. The New Financial Reporting Landscape Quarterly and annual reports are the most basic function of the finance department. And they’re getting harder every year. Business is increasingly
Embarking on Your Journey to the Future of ERP Acquiring new enterprise resource planning (ERP) tools and technology is not a decision that’s made overnight. Chances are, things have been working up to this for months, or even years. So now that you’ve finally arrived at the decision to acquire a solution, it’s worth
