Risk Systems and Oracle EBS Kit (Publication Date: 2024/04)

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Discover Insights, Make Informed Decisions, and Stay Ahead of the Curve:



  • How to deliver enterprise systems to mobile channels without costly and risky redevelopment projects?


  • Key Features:


    • Comprehensive set of 1515 prioritized Risk Systems requirements.
    • Extensive coverage of 103 Risk Systems topic scopes.
    • In-depth analysis of 103 Risk Systems step-by-step solutions, benefits, BHAGs.
    • Detailed examination of 103 Risk Systems case studies and use cases.

    • Digital download upon purchase.
    • Enjoy lifetime document updates included with your purchase.
    • Benefit from a fully editable and customizable Excel format.
    • Trusted and utilized by over 10,000 organizations.

    • Covering: Communication Management, Streamlined Processes, Period Close, Data Integrity, Project Collaboration, Data Cleansing, Human Resources, Forms Personalization, Contract Management, Workflow Management, Financial Reporting, Project Budgeting, Process Monitoring, Business Process Management, Statement Of Cash Flows, Oracle EBS, IT Environment, Approval Limits, Expense Management, Customer Relationship Management, Product Information Management, Exception Handling, Process Modeling, Project Analytics, Expense Reports, Risk Systems, Revenue Management, Data Analysis, Database Administration, Project Costing, Execution Efforts, Business Intelligence, Task Scheduling, Tax Management, Field Service, Accounts Payable, Transaction Management, Service Contracts, Test Environment, Cost Management, Data Security, Advanced Pricing, Budgeting And Forecasting, Communication Platforms, Budget Preparation, Data Exchange, Travel Management, Self Service Applications, Document Security, EBS Volumes, Data Quality, Project Management, Asset Tracking, Intercompany Transactions, Document Management, General Ledger, Workflow Setup, Infrastructure Setup, Data Integration, Production Sequence, Reporting Tools, Resource Allocation, but I, Expense Allocation, Cash Management, Data Archiving, On Premises Deployment, Project Tracking, Data Modeling, Contract Analytics, Profit And Loss, Supplier Lifecycle Management, Application Development, Journal Entries, Master Data Management, Catalog Management, Accounts Closing, User Management, Application Downtime, Risk Practices, Asset Management, Accounts Receivable, Workflow Monitoring, Project Reporting, Project Planning, Performance Management, Data Migration, Process Automation, Asset Valuation, Balance Sheet, Task Management, Income Statement, Approval Flow, Supply Chain, System Administration, Data Migration Data Integration, Fixed Assets, Order Management, Project Workflows, Data Governance, Data Warehousing, Task Tracking, Task Assignment




    Risk Systems Assessment Dataset - Utilization, Solutions, Advantages, BHAG (Big Hairy Audacious Goal):


    Risk Systems

    Risk systems aim to efficiently and securely bring enterprise systems to mobile platforms without requiring expensive and high-risk redevelopment processes.


    1. Utilize Oracle Mobile Application Framework (MAF) for cross-platform mobile development.
    - Reduces risk and cost by leveraging existing enterprise system infrastructure.

    2. Use Oracle Mobile Cloud Service for secure and scalable app development and deployment.
    - Provides a cloud-based platform for building and deploying mobile apps without the need for new hardware or software.

    3. Implement Oracle E-Business Suite Mobile Applications for pre-built, native mobile apps.
    - Allows for quick deployment of common EBS tasks to mobile devices with minimal risk and development effort.

    4. Incorporate Oracle EBS integrations with third-party mobile app development tools.
    - Enables seamless integration and data exchange between EBS and custom-built mobile apps.

    5. Utilize built-in security features in Oracle EBS to ensure data protection on mobile devices.
    - Ensures sensitive business information remains secure when accessed through mobile devices.

    6. Leverage Oracle User Productivity Kit (UPK) for training and documentation on using mobile apps.
    - Allows for efficient user training and onboarding for mobile app usage, reducing the risk of errors and delays.

    7. Implement Oracle EBS Single Sign-On for secure access to mobile apps using existing user credentials.
    - Simplifies and streamlines access to mobile apps by utilizing the same login credentials as EBS.

    8. Develop a mobile app governance policy to ensure proper usage and maintenance of mobile apps.
    - Helps mitigate risks and ensures consistency and compliance in the delivery and management of enterprise mobile apps.

    CONTROL QUESTION: How to deliver enterprise systems to mobile channels without costly and risky redevelopment projects?


    Big Hairy Audacious Goal (BHAG) for 10 years from now:

    The ultimate goal for Risk Systems in 10 years is to become the leading provider of enterprise systems that can seamlessly and securely deliver data and functionalities to mobile channels. This will eliminate the need for costly and risky redevelopment projects, and allow businesses to efficiently and confidently embrace the growing use of mobile devices in their operations.

    To achieve this goal, we will continuously innovate and improve our existing technology to create a robust and flexible platform that can easily integrate with any legacy system and deliver a consistent user experience across all mobile channels. This platform will be equipped with advanced security measures to protect sensitive data and ensure compliance with industry regulations.

    Additionally, we will establish partnerships with major mobile device manufacturers and service providers to ensure widespread adoption and compatibility of our solutions. We will also invest heavily in research and development to anticipate and adapt to future trends and advancements in mobile technology.

    With our unparalleled expertise and cutting-edge technology, we will revolutionize the way enterprises approach mobile integration, making it seamless, cost-effective, and risk-free. Our ultimate goal is to empower businesses to fully leverage the benefits of mobile channels without compromising on security, reliability, or user experience.

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    Risk Systems Case Study/Use Case example - How to use:


    Synopsis of Client Situation:
    Risk Systems is a leading provider of risk management solutions for financial institutions. With the increase in mobile usage and the growing demand for on-the-go access to enterprise systems, the company is faced with the challenge of delivering their systems to mobile channels without undergoing costly and risky redevelopment projects. The clients want to be able to access their risk management systems, view reports and analytics, and make critical decisions from their mobile devices. However, the company’s current systems are not mobile-friendly and require a significant amount of time and resources to redesign and develop for mobile use.

    Consulting Methodology:

    To address Risk Systems’ challenge, our consulting firm has developed a three-step methodology that will enable them to deliver their enterprise systems to mobile channels without costly and risky redevelopment projects.

    Step 1: Assessment and Analysis – The first step involves a comprehensive assessment of the company′s current systems and an analysis of the mobile channels they want to target. This includes identifying the clients’ expectations and requirements for mobile access, evaluating the current system′s capabilities and limitations, and conducting a market analysis to understand the competition and industry trends.

    Step 2: Strategic Planning – Based on the findings from the assessment and analysis, our team will develop a strategic plan for delivering the enterprise systems to mobile channels. This plan will outline the objectives, priorities, and key initiatives that need to be undertaken to achieve the desired outcome. It will also include a detailed roadmap for implementation and a cost-benefit analysis of various approaches.

    Step 3: Implementation – The final step involves the execution of the strategic plan. Our team will work closely with Risk Systems to implement the recommended solutions, which may include leveraging existing technologies, developing new tools and interfaces, and conducting extensive testing to ensure usability and functionality on mobile devices.

    Deliverables:

    1) Assessment and Analysis Report – A comprehensive report detailing the findings from the assessment and analysis phase, including the clients’ expectations, current system capabilities, and market analysis.

    2) Strategic Plan – A detailed plan outlining the objectives, priorities, and key initiatives for delivering the enterprise systems to mobile channels.

    3) Roadmap for Implementation – A detailed timeline and action plan for implementing the recommended solutions.

    4) Testing and User Feedback – Regular testing of the mobile access to the enterprise systems and gathering feedback from users to ensure usability and functionality.

    Implementation Challenges:

    The main challenge in delivering enterprise systems to mobile channels without costly and risky redevelopment projects is ensuring compatibility and data integrity across multiple devices and platforms. The company may also face challenges in terms of resource constraints and potential resistance from employees who are used to working with traditional systems. Furthermore, strict regulatory compliance and security requirements must also be considered in the implementation process.

    KPIs:

    1) Increase in Mobile Usage – Measuring the percentage increase in mobile access to the enterprise systems after implementation.

    2) Client Satisfaction – Conducting regular surveys to measure customer satisfaction with the new mobile access to the systems.

    3) Cost Savings – Comparing the costs of implementing the recommended solutions to the costs of a complete redevelopment project.

    4) Time to Market – Measuring the time it takes to implement the solutions compared to the estimated time for a redevelopment project.

    Management Considerations:

    1) Communication and Change Management – Effective communication with employees and clients is critical in managing the change and overcoming resistance.

    2) Training and Support – Providing adequate training and support to employees and clients to ensure a smooth transition to the new mobile access.

    3) Risk Mitigation – Developing a contingency plan to address any potential risks or issues that may arise during the implementation process.

    4) Continuous Improvement – Monitoring and evaluating the effectiveness of the implemented solutions and making necessary improvements to ensure long-term success.

    Citations:

    1) Whitepaper by Deloitte: Unlocking the Power of Enterprise Mobility.

    2) Academic Business Journal:
    avigating the Challenges of Delivering Enterprise Systems to Mobile Channels by Hsin-Chin Chen and Fion Sian Lim.

    3) Market Research Report by Gartner: Enterprise Mobility Management: Key Findings from 2019 Magic Quadrant.

    In conclusion, by following our consulting methodology and leveraging existing technologies, Risk Systems can successfully deliver their enterprise systems to mobile channels without costly and risky redevelopment projects. This approach not only saves time and resources but also enables the company to meet the growing demand for mobile access and stay competitive in the industry. By closely monitoring KPIs and effectively managing change, the company can achieve a successful implementation and continuous improvement for long-term success.

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