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1Z0-335 - Oracle Financials Cloud: Receivables 2016 Implementation Essentials - Dump Information

Vendor : Oracle
Exam Code : 1Z0-335
Exam Name : Oracle Financials Cloud: Receivables 2016 Implementation Essentials
Questions and Answers : 165 Q & A
Updated On : December 14, 2018
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1Z0-335 Oracle Financials Cloud: Receivables 2016 Implementation Essentials

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1Z0-335 exam Dumps Source : Oracle Financials Cloud: Receivables 2016 Implementation Essentials

Test Code : 1Z0-335
Test Name : Oracle Financials Cloud: Receivables 2016 Implementation Essentials
Vendor Name : Oracle
Q&A : 165 Real Questions

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Oracle Oracle Financials Cloud: Receivables

Oracle’s Cloud courses: pay attention a Wolf in Sheep’s apparel | killexams.com Real Questions and Pass4sure dumps

The promise of the cloud is to liberate IT from the can charge and burden of tiresome each day IT administration, whereas providing extra freedom to opt for from the industry's newest and highest quality innovations. 

Too unhealthy that goes in opposition t the very DNA of legacy ERP companies similar to Oracle, whose stock rate and revenues historically are intently tied to routine 90% margins on renovation for typical licensed software. 

meanwhile, for an ERP supplier to rewrite many years-historic ERP application suites for the cloud has proven to be elaborate, expensive and time ingesting. moreover, legacy ERP companies are additionally being forced to handle new competitors such as Amazon web capabilities.

In a likely try to display traction in the cloud to Wall road, Oracle appears to be scrambling to create new cloud-particular sales and consulting programs with names like "popular credits" for cloud functions and "soar to the Cloud." The apparent purpose: movement purchasers to the cloud, while maintaining Oracle's traditional earnings margins.

CIOs Are balloting With Their Budgets

A recent CIO survey from J. P. Morgan highlightings a shift in CIO spending faraway from Oracle, certainly when it involves cloud computing: "The analyst's survey of 154 chief information officers published Oracle acquired essentially the most signs for "spending contraction" this year. He additionally noted the company became mentioned through simply 2 % of the executives as their "most integral" supplier for cloud computing versus 27 p.c for Microsoft and 12 percent for Amazon."  

amongst some shoppers, one explanation for situation about adopting the Oracle cloud is that it could actually cause even deeper supplier lock-in - which might explain Oracle's enthusiasm for promotion the swap. believe what Oracle's co-CEO Mark Hurd informed economic analysts in a fresh earnings call: "When a customer who is on-prem paying us assist moved to the cloud, they pay us extra money, They do not pay us one to at least one, they do not pay us two to at least one, they pay us greater like three to one. In some cases greater than three to 1."  

if you do not wish to pay up to three times extra, make certain you know what you might be doing earlier than signing a cloud cope with Oracle.  

The option, although, is additionally no longer sustainable - continuing to pay Oracle ~22% maintenance per yr on application assets while receiving fewer and fewer new essential utility releases and in many situations apparently little upkeep and aid price.  

take into account that there's a couple of technique to "go to the cloud." If a software as a service (SaaS) ERP platform does not make sense for you, Infrastructure as a provider (IaaS) cloud internet hosting of your current utility may also nevertheless be an option - and Oracle is not the only 1 who can supply it. identifying the incorrect cloud may influence in escalating costs over time, instead of new efficiencies.

Evaluating Oracle's Cloud presents

Three Oracle Cloud courses are analyzed under and as you assessment, we encourage you to ask the query, "Are we assured we are becoming extra and paying under we did before?"

Oracle client 2 Cloud - the primary attempt

This software was Oracle's effort at decreasing the economic hurdle to movement to their cloud for Oracle customers of ERP, EPM, HCM, and CRM solutions from Oracle's Siebel, PeopleSoft, JD Edwards, and Oracle E-business Suite.  The software asks consumers to surrender current software licenses in return for a new Oracle cloud service inside the identical product family. 

listed below are three things concerns for this choice:

  • know Your real, ultimate cut price - The coupon codes you're at the beginning offered may no longer be the remaining bottom line. as an instance, relocating to Oracle SaaS may additionally require additional investments in Oracle infrastructure for test and construction cases. This may come as a surprise to some consumers at the conclusion after they have dedicated.
  • trust The hazards Of Paying Up entrance - You could be provided the "probability" to pay up entrance for future software usage. earlier than you do, ask whether you're confident about what happens if there's a controversy that influences delay or quality in beginning of these cloud functions. what is your SLA? And what in case you don't utilize the entire capabilities? Do you get a refund?
  • be mindful Your Future selections - after getting signed your contract, what selections can be found to you sooner or later for non-Oracle cloud software? Are you locked-in or do you have nevertheless have choice?
  • Oracle general Cloud credit - The "quickly-circulate" To seller Lock-in

    Oracle's comply with-up to consumer 2 Cloud changed into the announcement of Oracle's well-known credits program for cloud features in 2017. The promise of general credits is flexibility in using Oracle's cloud product and rewards for consumers who use it essentially the most. here's a a little bit softer method where consumers can hold their existing utility licenses however dip their toe in the Oracle Cloud pond and try earlier than they purchase.

    whilst you might consider Oracle's widespread credits would outcomes in customers paying less for cloud capabilities the more these features are used, the truth for many customers is fairly the opposite. Palisade Compliance outlines this in extraordinary element: 

  • below the "monthly Flex" fee plan Oracle is pushing most aggressively, purchasers pay Oracle in enhance for cloud capabilities, which they may also or might also no longer fully utilize. Ask Oracle what occurs to those functions you don't use. 
  • these equal phrases suggest if you over-utilize, you're going to incur a penalty - a great deal like overage fees on a cellphone plan with constrained minutes. rather than getting a volume discount, the greater you utilize the utility over your cap, the more you might be going to pay.
  • You will pay more than what your contract looks to require. The rules on when discounts do and don't follow are complicated and tend to result in clients paying greater than they might expect, in line with Palisade's evaluation.
  • be certain you have in mind even if, within the manner of including cloud credit to your contract, Oracle will be including or changing different terms of your existing licensing agreements for application now not within the cloud.
  • Oracle leap to the Cloud - The "ultimate upgrade"?

    probably the most fresh Oracle Cloud program is Oracle's soar to the Cloud application, launched in 2018. This application is heavily tied to Oracle Consulting and claims to streamline and cut back the fees of migrating to the Oracle cloud. In announcing start, Oracle CTO Larry Ellison also boasted that it will be "the last upgrade you are going to ever do," implying that future utility updates will take place on autopilot.  

    For any consumer who has been via a painful application upgrade, this program can sound attractive. Oracle makes some daring marketing claims for bounce, which warrant a little bit of scrutiny:

  • As reported within the Register, Oracle says leap will "reduce the time and cost of cloud migration as much as 30%" versus what you may do to your own and allow the method to be achieved "in as little as 20 weeks." the primary red flag is that there are not any posted or documented comparisons to help both of Oracle's 30% claims. in the event that they have proof, we haven't viewed it.
  • The 2d crimson flag is customizations are likely no longer covered. virtually every Oracle ERP utility ambiance nowadays is personalized, but Oracle's answer to this seems to be to hire Oracle Consulting to assist remove those customizations. The SVP of Oracle Consulting states, "What our consulting team will do is say, 'How will we unwind that complexity and teach you to take advantage of the out-of-the-field trade choicest practices developed into our cloud technology?'" In other phrases, if the exciting company tactics supported through your customizations cannot be decreased to configuration settings inside Oracle's cloud utility, be sure you expect that you simply possible ought to provide them up.
  • The closing issue to stay up for is that this claim that Oracle SaaS functions may be simpler to manage. whereas many groups would like to get out of the company of implementing ERP improvements, the reality is you will likely nevertheless be upgrading, just at Oracle's tempo and with Oracle potentially having more influence over the technology choices. Ask even if you believe that each one Oracle enhancements will be worthwhile improvements. Then make sure you are able to handle the practising and alter management concerns that might also arise when utility alterations arrive, from time to time earlier than clients are able for them.
  • more suitable decisions Exist

    beneath drive to show itself in the cloud, Oracle, in flip, is pressuring customers into an unnatural act - making a dedication to the Oracle cloud, regardless of whether it serves their company hobbies. while the expertise for digital innovation is super, lots of the innovation in cloud application is coming from more agile startups, who don't seem to be burdened with keeping legacy software roadmaps and features. 

    when it comes to cloud IaaS, it may well be greater really helpful for organizations to have option to hold their existing utility investments and customizations, but migrate these to a cloud IaaS platform of their alternative.  

    Even whereas adopting SaaS, most corporations will wind up with a hybrid IT atmosphere, including native information core and conventional server hosting, in addition to authentic SaaS and IaaS cloud substances. You may also find it makes sense to take talents of the efficiencies offered through a number one IaaS company, corresponding to AWS, in combination with the utility you've got already licensed and customised to guide your enterprise.  

    Rimini road can also be your ally during this transition. we can help your internally-deployed and cloud-hosted environments in a unified fashion. let us be your trusted, unbiased advisor, offering software-neutral standpoint on which new cloud capabilities and purposes exploit experience in your company, according to our insight into your atmosphere and operations.  

    Over 2600 of the realm's main businesses including 15% of the Fortune 500 and global one hundred have moved to Rimini road, saving as much as ninety% off their cost of software renovation and aid, while having fun with a much better best of carrier. if you're working Oracle and when you consider that the cloud, now is an outstanding time to consult with Rimini highway.

    this article firstly seemed on the Rimini street blog.


    CFOs And The Innovation Trajectory: Insights From Oracle OpenWorld | killexams.com Real Questions and Pass4sure dumps

    CFOs are quickly becoming “digital stewards,” relevant to companywide decisions about cloud services in addition to adoption of cloud-based rising applied sciences reminiscent of artificial intelligence and blockchain.

    That technical have an impact on jibes with the CFO’s expanding role normal. Some eighty one% of the finance leaders who answered to a recent Accenture survey spoke of one among their main duties is to determine enterprise areas that add new cost, and seventy seven% referred to they may still drive company-broad operational transformation.

    Oracle

    “The CFO function has advanced over the remaining a few years, from accountant to company associate to a strategic adviser across the entire commercial enterprise, fitting the financial guardian of deliberate outcomes for digital investments,” says Steve Culp, world head of Accenture’s Finance & chance follow. “CFOs are fast fitting the digital stewards of their agencies, leveraging predictive analytics and artificial intelligence to better interpret data for key enterprise choices…beyond the finance feature.”

    those improved responsibilities require CFOs and their finance departments to turn into extra fluent in these applied sciences, notes Christian Campagna, a senior managing director with Accenture strategy. “The CFOs who step up to control these opportunities could be the genuine guardians of the commercial enterprise,” he says.

    This turned into a consistent message at Oracle OpenWorld 2018, held remaining month in San Francisco. but probably the most obstacles to gaining the “adaptive intelligence” rendered by using AI and computer studying algorithms is that many products require agencies to work out how to integrate these capabilities into their current IT environments—and AI ability is in brief supply. the united states alone is short about 150,000 individuals with the obligatory statistics science expertise, in accordance with an August 2018 record through LinkedIn. 

    The dearth (and high cost tag) of AI skill makes it a must have for cloud carriers to integrate such rising capabilities into their cloud functions, so shoppers don’t must, spoke of Juergen Lindner, Oracle senior vice president of ERP cloud advertising, during a panel session at Oracle OpenWorld.

    on the conference, the business introduced five new Oracle ERP Cloud aspects that incorporate machine getting to know, letting finance groups cut back costs, increase organization relationships, improve economic and operational choice-making, and give protection to information:

    • intelligent process Automation. one in every of machine getting to know’s main attributes is that it identifies records patterns over time to automate initiatives that applications in line with static business suggestions can not. This new function can establish opportunities to reduce the time staffers spend on such monetary tasks as processing invoices, matching transactions, and reconciling bills.

    • rate Reporting Assistant. This new chatbot assistant can help all employees—principally essentially the most valuable ones—spend less time on filing fee studies. it may also increase accuracy and support make certain that company policies are at all times followed.

    • intelligent funds. using computing device researching, this new function can take skills of up-to-date internal and third-party facts on suppliers to generate vendor-specific fee offers—potentially enabling a corporation to barter more suitable expenditures with suppliers in exchange for early charge.

    • enterprise concepts. This feature can mix interior ERP facts about suppliers, purchase orders, invoices, payables, and other particulars with external facts sources to help agencies choose the top-rated suppliers.

    • advanced access Controls. This feature can assist offer protection to enterprise information from insider threats, fraud, misuse, and human error with the aid of continually evaluating all clients, roles, and privileges towards a library of security suggestions—throughout commonplace ledger, payables, receivables, and glued assets. Embedded desktop gaining knowledge of additionally helps to determine fraud patterns.

    past Finance

    a further crucial focus for CFOs is making certain that the correct personnel have access to the appropriate records all the way through the business.

    At Oracle OpenWorld, Lindner advised viewers contributors about the “cloud hairball”—distinct features from assorted providers that aren’t integrated with one another. This structure can not best inhibit process automation, he talked about, nonetheless it can additionally preclude the movement of suggestions from one device to an extra.

    That information stream will become much more vital as soon as all purposes come embedded with AI and blockchain capabilities—with a purpose to take place by means of 2025, predicted Oracle CEO Mark Hurd throughout his opening keynote at Oracle OpenWorld. “This nonsense about these are separate options and you're going to extract facts from an software, send it to another solution it truly is known as blockchain or AI—it's now not how the market's going to move,” he talked about.

    Hurd additionally expected that AI and different emerging applied sciences will alternate the tech industry so fast in the coming years that 60% of the IT jobs so as to exist in 2025 haven’t even been invented yet. “I consider there should be greater americans in IT in the future,” he spoke of, “but engaged on a distinct set of tasks.”

    From IT to finance via practically each corner of a enterprise, new technologies intertwined with ever-increasing customer expectations are already changing how successful companies operate. 


    New leadership At Google Cloud Makes Alphabet a fair more desirable Cloud wager Vs IBM And Oracle | killexams.com Real Questions and Pass4sure dumps

    No influence found, try new key phrase!Google Cloud CEO Diane Greene has resigned. Oracle veteran and 20+ 12 months product ... verticals that clients desire in areas like fitness, monetary capabilities, retail, gaming and media, energy and ...

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    California-based Oracle, a global integrated cloud applications and platform services provider, has announced its fourth batch of startups for its Startup Cloud Accelerator Programme in India.

    The accelerator will provide the select startups with access to world-class mentoring, coworking space, engagement opportunities with Oracle’s more than 430K global customers, connections to investors, and much more.

    Harshad Oak, senior director of Oracle Global Startup Ecosystem, said, “Oracle’s startup engagement goes well beyond business and technology. We make every effort to understand the startups, partner with them and also learn from them.”

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    Confirmtkt –  Founded in 2014 by Sripad Vaidya and Dinesh Kumar Kotha, Confirmtkt is a travel ticket search engine for providing seamless ticket discovery and booking experience. The travel search is backed by unique and efficient algorithm.

    ITILITE– Founded in 2017 by Mayank Kukreja, ITILITE aims to use technology to bring convenience, efficiency, and innovation to corporate travel.

    LendFoundry- Founded in 2015 by Anubha Phophaliya and Sandeep Phophaliya, LendFoundry provides an end to end SaaS lending platform for digital lenders. Due to its integrations with major Fintech data providers and platforms, it can help digitise a lender’s entire loan lifecycle to deliver faster loans and also add new customer segments.

    INCREFF- Founded in 2016 by Romil Jain and Rajul Jain, INCREFF is a business partner to fashion and lifestyle brands and retailers to deliver significant and sustainable increase in sales and inventory efficiency. The startup had raised $2 Mn in a funding round led by Sequoia Capital in 2017 to expand customer base and product portfolio.

    XOXODAY- Founded in 2012 by Sumit Khandelwal, Manoj Agarwal, Abhishek Kumar, and Kushal Agarwal, XOXODAY is an experiential employee engagement, rewards, and loyalty platform for enterprises, improving employee morale and productivity.

    Squadcast- Founded in 2017 by Amiya Adwitiya, Squadcast is an incident management platform focused on helping tech teams accelerate innovation and iterate faster.

    Threatcop (Kratikal)– Founded in 2012 by Pavan Kushwaha, Threatcop is an end-to-end cyber security solution provider. It is involved in design, implementation of information security management system since the time, standards were adopted by industry. Further, it approaches IT security, cyber crime and penetration testing use cases from enterprise risk management perspective.

    Mobisy– Founded in 2008 by Lalit Bhise and Shree Bhise, Mobisy is a real-time analytics platform for brands to improve sales automation and distribution. The company raised a second round of venture capital funding of $3.5 Mn to strengthen its R&D and power expansion plans.

    VdoCipher– Founded in 2014 by Sidhant Jain and Vibhav Sinha, VdoCipher is a secure video streaming solution for business looking to monetize videos. Its mission is to contribute to the video playback technology in making the internet a more content-rich place.

    HeyMojo– Founded in 2016 by Avinash Dutt, Jagdish Repaswal, Pallav Kumar, Rahul Chandra, HeyMojo is an AI-enabled marketing automation platform driving zero commission bookings and orders for the hospitality industry.

    Notify Visitors- Co-founded by Sidharth Gupta and Aman Gupta, Notify Visitors is an AI and ML powered personalised customer engagement and messaging platform that automates notifications on web and mobile apps based on visitors behaviour.

    Advantage Club– Founded in 2014 by Smiti Bhatt Deorah and Sourabh Deorah, Advantage Club is a data-driven employee engagement platform providing corporate discounts and facilitating rewards and recognition.

    SustLabs- Founded in 2016 by Kaushik Bose, SustLabs is a big data and analytics company that reads and decodes real-time electricity consumption in your home, across appliances, by monitoring smart meter readings.

    CredAble– Founded in 2017 by Nirav Choksi, CredAble is a supply chain financing platform combining financing, analytics to enable financial institutions, and corporate treasuries to buy and structure third party receivables dynamically. The startup had raised $14.8 Mn in a Series A funding round from Alpha Capital to expand its loan book and accelerate growth plans.

    I3 Systems- Co-founded by Mallesh Bommanahal, Varzavand Batliwala, and Ravi Chandibhamar, I3 Systems is an automation platform powered by machine learning algorithms for insurance companies. The platform has raised $1 Mn funding from Unitus Venture and other investors to partner with India’s Top 20 life insurance companies.

    Eduvanz Finance– Founded in 2016 by Varun Chopra and Raheel Shah, Eduvanz is a new technology NBFC focusing on skill building and education. Recently, the startup had raised $500 K  in round of funding led by Blinc Advisors to strengthen its AI-based lending technology.

    Jubi AI-Founded by Subhadeep Bhattacharya,Jubi AI is a conversational chatbots company, enabling deep deployments across channels for customers, helping them personalise customer experience and automate online sales.

    RupeeCircle– Founded in 2018 by Kumar, Abhishek Gandhi, Ashish Mehta and Piyush Saurabh, RupeeCircle is a peer-to-peer lending platform connecting creditworthy borrowers with investors looking for high returns on their investments.

    The Oracle program has helped accelerate 25 startups in India since inception. The duration of each course will be of six months and each batch will accelerate a total of five startups.

    Various accelerator programmes are helping Indian startups with similar opportunities. For instance, GSF Fintech Accelerator 2018 is focussed on fintech startups, Microsoft Scaleup Accelerator Programme on late B2B startups. Similarly, there are Shell E4 Accelerator Programme and Scalerator Programme, among others.

    Recently, Gurugram-based India Accelerator raised an undisclosed amount of funding in a round led by InvestMind Solutions and HotStar Ventures. The accelerator plans to use the raised funds to diversify its offerings, enable global reach, and engage more with growth-stage startups.

    “In the last one year, 50 accelerators have been opened in India, a 35% increase as compared to 2016. This took the total number of accelerators in the country to over 190.”

    [The development was reported by ET] Note: We at Inc42 take our ethics very seriously. More information about it can be found here.


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    Oracle 1Z0-335 Exam (Oracle Financials Cloud: Receivables 2016 Implementation Essentials) Detailed Information



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