1Z0-333 exam Dumps Source : Oracle Financials Cloud: universal Ledger 2016 Implementation Essentials
Test Code : 1Z0-333
Test denomination : Oracle Financials Cloud: universal Ledger 2016 Implementation Essentials
Vendor denomination : Oracle
: 80 existent Questions
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Feb 01, 2019 (Euclid Infotech Ltd by means of COMTEX) -- Oracle these days introduced Oracle ERP Cloud has been named a leader in Gartners Magic Quadrant for Cloud ERP for Product-Centric Midsize firms research file. Out of 14 items evaluated, Oracle ERP Cloud is listed because the handiest leader in the Gartner evaluation. A complimentary copy of the report is obtainable here.
Gartner notes that Leaders demonstrate a market-defining imaginative and prescient of how ERP product-centric techniques and methods may furthermore exist supported and superior with the aid of lamentable them to the cloud. They pair this with a lucid means to execute this imaginative and prescient via products, capabilities and go-to-market thoughts. they tolerate a robust presence in the market and are starting to exist their revenues and market shares. within the cloud ERP suite market, Leaders define a consistent means to win offers with companies of distinctive sizes, and tolerate a much depth of performance throughout entire areas of operational and administrative ERP. they tolerate got diverse proofs of successful deployments via shoppers based of their domestic vicinity and somewhere else. Their choices are commonly used by gadget integrator partners to champion company transformation initiatives.
Our focus on creating a complete and ingenious financial, operational, manufacturing and supply chain solution delivered natively on the Cloud is helping organizations of entire sizes and across entire industries favor superior traffic results, referred to Rondy Ng, senior vice president, Oracle applications building. they are disdainful to deliver on their guarantees for Oracle ERP Cloud and are very blissful to exist identified by means of Gartner as the sole chief in this report. They dependence this acknowledgement further validates Oracles commitment to providing continual innovation in their market-leading ERP Cloud for their customers.
Oracle ERP Cloud contains finished ERP capabilities across Financials, Procurement, and challenge Portfolio administration (PPM), as well as enterprise performance management (EPM), and Governance risk and Compliance (GRC). at the side of deliver Chain administration (SCM) and indigenous integration with the broader Oracle SaaS portfolio for Human Capital management (HCM) and customer journey (CX), Oracle offers purchasers a pragmatic, business-driven, speedy adoption course ahead.
Oracles extensive portfolio of fiscal management and planning cloud choices tolerate garnered trade recognition. Oracle ERP Cloud was named a frontrunner in Gartners most recent Magic Quadrant for Cloud Core fiscal administration Suites for Midsize, huge and international organisations, while Oracle was additionally positioned within the Leaders quadrant for the 2018 Magic Quadrant for Cloud fiscal Planning and analysis options and within the 2018 Magic Quadrant for Cloud economic nigh options.
Partnership Integrates Arachnys' client risk Intelligence Platform With Oracles FSFCC solutions to accelerate AML Compliance Investigations, Streamline KYC Onboarding, and Create Agile customer chance Scoring
big apple, the colossal apple / ACCESSWIRE / January 29, 2019 / Arachnys, the chief in customer chance Intelligence (CRI) solutions for client Onboarding, exist awake of Your client (KYC), client Due Diligence & enhanced Due Diligence (CDD/EDD) and Anti funds Laundering (AML), nowadays introduced it really is has spin into an Oracle PartnerNetwork (OPN) Platinum flush member with the Arachnys client chance Intelligence (CRI) suite.
The partnership launches with Arachnys / Navigator, a piece of the Arachnys cloud-native CRI platform, as the first own deliberate for integration to additional enhance Oracle's fiscal capabilities monetary Crime and Compliance management (FCCM) solution suite. With this integration, Oracle will proffer its customers extra capabilities to enhance the due diligence system, including entry to the broadest, cloud-based mostly content library exclusively tailor-made for fiscal crime investigations and KYC profile list completion.
Arachnys / Navigator allows analysts to dynamically monitor for tainted news and entity profile information for recent shoppers at customer onboarding and related events inside transaction monitoring investigations. making exhaust of this assistance provides a more correct realizing of the risks throughout entities for extra prudent and proactive risk decisioning, while ensuring Oracle purchasers superior auditability, compliance and policy conformance across investigations.
''The open architecture, possibility capabilities administration, and finished capabilities of the customer chance Intelligence platform gives for each rapid integration and options for a big choice of client chance evaluation exhaust cases,'' stated Ed Sander, President of Arachnys. ''Oracle is one in entire their most valued companions in helping establishments impulsively onboard their consumers while thwarting tainted actors.''
''The transformative potential of Arachnys' cloud-native platform stands out in the box for its capacity to accelerate salary via augmenting compliance and operations. They believe its strategy to entity facts administration is incredibly complementary to Oracle's and issue ahead to creating price for their shoppers in the battle towards economic crime,'' talked about Ambreesh Khanna, community vice chairman and established supervisor, Oracle fiscal services Analytical functions.
As an Oracle Platinum flush member, Arachnys receives the profit of being capable of delivery constructing specializations as a artery to permit them to develop their company, raise their potential, attain bigger stages of client retention and create differentiation in the marketplace. Platinum participants furthermore spin into eligible to resell entire Oracle technology items and might commemorate to resell Oracle purposes and traffic options. moreover, they acquire access to My-Oracle usher to aid building, demonstration and integration licenses most effective, coupon codes on practising, constrained free assessment/examination vouchers, reduced prices on the buy of Oracle licenses for inside use, discounts on advances consumer capabilities and extra. For greater tips in regards to the merits of becoming an OPN Platinum flush associate, tickle consult with: http://www.oracle.com/us/partnerships/index.htm.
Arachnys is a pacesetter in client possibility Intelligence. They harness the realm's tips to empower the investigative minds that at ease their world. Their cloud-native, client chance intelligence platform allows for monetary institutions global to thwart unhealthy actors, reduce operational fees, accelerate topline revenue, abate deceptive positives and reduce back rejection and mistake charges. It ensures a firm's KYC, AML and CDD /EDD capabilities aid regulatory compliance demands. Arachnys' entertaining exhaust of RPA and ML applied sciences garnered it a 2018 ''KYC class leader'' ranking from Chartis research and placed it within the Chartis RiskTech 100, which identifies and profiles the proper one hundred RiskTech global suppliers. The company additionally garnered its inaugural rating in the RegTech 100. Arachnys is the newest member of the venture capital company QED's portfolio.
Arachnys is the registered trademark of Arachnys counsel functions, headquartered in London with places of travail in long island. The Arachnys trademarks and product manufacturers are trademarks/service marks of Arachnys. For more assistance tickle seek advice from www.arachnys.com. comply with us on Twitter and LinkedIn.
About Oracle PartnerNetwork:
Oracle PartnerNetwork (OPN) is Oracle's companion application that provides partners with a differentiated erudition to increase, sell and enforce Oracle solutions. OPN presents resources to educate and abet specialized competencies of Oracle's products and solutions and has evolved to respect Oracle's starting to exist product portfolio, colleague foundation and enterprise chance. Key to the newest enhancements to OPN is the capacity for companions to exist diagnosed and rewarded for their funding in Oracle Cloud. partners engaging with Oracle should exist capable of differentiate their Oracle Cloud talents and success with shoppers throughout the OPN Cloud application – an imaginitive software that complements latest OPN software stages with tiers of consciousness and revolutionary merits for partners working with Oracle Cloud. To find out greater talk over with: http://www.oracle.com/partners.
Oracle and Java are registered trademarks of Oracle and/or its associates.
Articulate CommunicationsArachnys@articulatecomms.comUK: +44 (0)7951163615US: + 1 646 661 4223
View source edition on accesswire.com:https://www.accesswire.com/531785/Arachnys-and-Oracle-combine-monetary-Crime-and-Compliance-solutions-to-increase-Compliance-Investigations-and-Streamline-client-Onboarding
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NO.1 When working with Essbase, versions of the tree hierarchy as defined in the Fusion notavailable in the Essbase balances cube.What should you enact to correct this situation?A. invent sure the tree version was published successfully.B. invent sure to flatten the rows of the tree version.C. invent sure the tree is active.D. Redeploy the chart of accounts.Answer: D
NO.2 Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They useintercompany entries.What is Oracle’s recommended best practice when implementing; a recent chart of accounts? Howmany segments and what segment qualifiers should exist used?A. Define four segments for the company, department, natur.il account, and intercompany segment.The qualifiers should exist primary balancing segment, cost center segment, natural account segment,and intercompany segment, respectively.B. Define five segments for the company, department, natural account, intercompany, and future usesegment. The qualifiers should exist primary balancing segment, cost center segment, natural accountsegment, intercompany segment, and no qualifier, respectively.C. Define three segments tor the company, department, and natural account. The qualifiers for thefirst segment should exist primary balancing segment and intercompany segment, cost center segment,and natural account segment, respectively.D. Define three segments for the company, department, and natural account. The qualifiers shouldbeprimary balancing segment, cost center segment, and natural account segment, respectivelyAnswer: B
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Sabre Corp. is a poster child for digital traffic transformation, as almost everything about it has changed since it was started.
It began as a ticketing reservations system for American Airlines, but it is now an independent software developer that provides a wide variety of products and software-as-a-service (SaaS) offerings for the travel industry. The company, based in Southlake, Texas, is now completing the transition from its aging SAP ERP system to S/4HANA, which forms the technological core of the digital transformation.The integration of technology and traffic processes
Sabre had implemented SAP ERP Central Component (ECC) in the early 1990s when it was quiet a piece of American Airlines, and a system upgrade was inevitable. This became an opportunity to undergo a fundamental transformation, according to Steve Strout, Sabre's vice president of corporate technologies, who was brought into the company in May 2015 to lead the transformation, which eventually led to implementing S/4HANA.
Before the technical upgrade could begin, Strout saw the need to examine and change the company's traffic processes. "In many big corporations, you enact technical upgrades, but you don't always upgrade entire your traffic processes," Strout said. "Sabre had gotten into that identical benevolent of mindset of doing technical upgrades, but never really going back and looking at how processes travail abide to end, [and] how recent best practices could exist employed to help the operations."
Regardless of the technology at this point, Sabre was transforming from a company that made travel-related transactional products to one that produces a much wider sweep of software products for the travel industry. The transition required a back-end system to champion an entirely recent traffic model, with requirements dote introducing recent product masters into the system, setting up recent pricing mechanisms and developing recent contract schemes.
Strout said it was immediately evident that this couldn't exist done easily with the entrenched SAP system, and there was no artery the system could scale up to meet the growing demands from the product side. The upgrade then became a chance to hold edge of the digital transformation and a recent integration of process and technology.
"For years, we've entire been taught, 'People, process and technology.' But what's emerging is that the process is the technology, and the two are so intertwined that what they are now looking at is people, data, and the process and technology together as one benevolent of entity," he explained. "We started looking at some of the platforms that could champion the growth for the future."Evaluating a future-proof system
Even though Sabre was running SAP ECC, it was not automatic at first that S/4HANA would exist the chosen technology for the recent digital business. Strout eminent that he had arrive from BlackBerry, where he had overseen a project to replace SAP with the Workday cloud ERP platform. One of the prime requirements was to implement a system that was built for the long haul.
"I wanted to invent sure that the technologies that they sequel into Sabre were going to grow with the company, so this wasn't a three- or five-year benevolent of event; this was a 15-, 20- or 30-year event," Strout said. "We looked at Oracle and Workday, but what they really wanted was for the process and the technology to exist completely integrated, and I wanted to create a more prominent focus on the data."
Strout said data is the key to driving entire traffic in the future -- how to access it and how to leverage it. "We really needed a system that could both process that data faster, as well as providing a center core to connect it to everything else," he said. "I don't know what the everything else is yet. I know what I tolerate today, but I don't know what it's going to need tomorrow, so I needed to future-proof that."
After a three-month evaluation age in the summer of 2015, Strout determined S/4HANA was the best system to hold Sabre into the future.Moving swiftly and with purpose to S/4
Once the conclusion was made to budge to S/4HANA, Sabre wasted no time in getting the process underway, according to Strout. Contracts were signed with SAP at the abide of September 2015, and the transitional travail began.
The process started with integrating acquisitions Sabre had made in August 2015 in the Asia-Pacific region. "We had acquired 12 businesses in the APAC region, and they used this process as the starting point for structure the recent future," Strout said. "I created a greenfield S/4 environment, created a brand recent hierarchy, cleaned up some of the data and then migrated the acquisitions first. They went live in April , and what they muster the ease of Sabre goes live in September."
For the most part, Sabre has performed the implementation on its own, Strout said.
"We did not hire a traditional systems integrator, but they hired a boutique firm, called Norstar, to bring in some very specific skills around S/4 and data integration," he explained. "We did that on purpose because I wanted to invent sure that they owned the erudition and the skills of how to operate this thing after the abide of the implementation, so they tolerate been doing this entire ourselves."
Because Sabre is a services company, it doesn't tolerate much exhaust for the logistics functions in ERP, so it primarily uses S/4HANA Finance -- formerly Simple Finance. This has allowed it to consolidate and streamline accounts, and tolerate one source of fiscal truth, Strout said. The company pared down more than 16,000 profit and cost centers, as well as 36,000 universal ledger accounts, many of which were obsolete, dating back to Sabre's life as piece of American Airlines.
The company is running S/4HANA version 15.03 on a private cloud hosted by Virtustream, which was selected because Strout did not assume HANA Cloud Platform was ready for prime time when the process began. However, the budge to the cloud was entirely intentional, because it fits perfectly with Strout's vision of the company being able to constantly change, innovate and absorb recent technologies.
"As time goes on, what I want to invent sure what they budge to is a SaaS model, because it forces us to continually absorb change, and we're doing that with Ariba, SuccessFactors, Fieldglass, and even Salesforce and some of the other technologies," he said. "The gross intent for me is to drive a different cultural change inside their organization to continuously spy at how they improve, and that's a colossal cultural change, at least for a company dote Sabre."Think about the future of data before implementing
Using S/4HANA as the core of a digital traffic transformation is not for everyone, and you need to assume carefully about how you exhaust data -- not only now, but several years down the road, Strout advised. The artery you exhaust it today may not exist the artery you exhaust it in five years.
"If you assume you're only just going to enact transactions and data is only the result of a transaction, and you're not really going to exhaust it to manage your traffic or to spy forward, then you're probably just as sound to abide on ECC," he said. "But if you're really looking at how to drive both the data side of it, as well as the technology -- how to allow the technology and process to accumulate deeply integrated, and you become a digitized company -- then S/4HANA helps you to drive entire of those pieces."
Companies that are preparing for digital transformation need to focus on entire the traffic processes that will befall in newer technologies, rather than older ones, Strout said, dote doing transaction approvals via a Twitter feed.
"It's going to abet you to exist prepared for those kinds of things today," he said. "And the thing to spy for is how sound your data is today, how entire the systems are integrated and if you tolerate an end-to-end automated process for everything in your traffic that you can accumulate away with. You need to optimize every sole process, not just major ones, as the more you can automate, the more efficient things are."
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