REPLACING ORACLE?
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<strong>REPLACING</strong> <strong>ORACLE</strong>?<br />
Consider Questica for your next budget solution
INTRODUCTION<br />
HOSTING AND DEPLOYMENT<br />
SECURITY<br />
INTEGRATION<br />
CONFIGURABILITY<br />
AVAILABLE CAPABILITIES<br />
PERFORMANCE MEASUREMENT<br />
COST<br />
TRAINING<br />
ON-GOING SUPPORT<br />
1<br />
2<br />
3<br />
4<br />
5<br />
6<br />
7<br />
8<br />
9<br />
10<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION
INTRODUCTION<br />
Oracle recently announced it is decommissioning Oracle Public<br />
Sector Budgeting (PSB), which leaves many public sector<br />
organizations open to a new budget solution. While upgrading<br />
to Oracle’s Hyperion may be at the forefront of administrators’<br />
minds, jumping into a new solution without considering all of the<br />
available solutions that provide Budget Preparation and Budget<br />
Management capabilities to the Public Sector could result in an<br />
organization contracting for a solution that is not the best fit for its<br />
specific needs or the most cost effective. Before making a decision<br />
that could affect an entity’s efficiency, long-term productivity, and<br />
public perception, administrators should consider these 10<br />
crucial factors:<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
1
1. HOSTING AND DEPLOYMENT<br />
Every organization has unique priorities and concerns, which is<br />
why multiple deployment options are necessary for any platform.<br />
Depending on the size of an organization, its technological<br />
infrastructure, IT support and funds, it may wish to deploy a budget<br />
solution on its own site/network. However, entities that lack the<br />
necessary infrastructure or the internal technical expertise may<br />
prefer a cloud deployment. The best hosting and deployment<br />
options for an organization will be time-and cost-efficient and not<br />
disruptive to the work flow of the office during deployment or in<br />
the long run.<br />
Questica offers its customers on-site and cloud deployment<br />
options. On-site allows for entities to retain their information<br />
completely within their secure networks, while cloud hosting is<br />
offered in a multi-instance environment. Through multi-instance<br />
architecture, each of Questica’s customers receives its own isolated<br />
solution – not just a portion of a single cloud like in multi-tenant<br />
environments. Every client’s unique instance can be optimized and<br />
upgraded based on the entity’s specific needs. Unlike the multitenant<br />
environment where all customers must accept upgrades<br />
at the same time, Questica’s multi-instance solution provides<br />
customers the ability to control the timing of all upgrades, much<br />
the same way they would if hosted on-site.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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2. SECURITY<br />
Security concerns don’t end at the discussion of hosting and<br />
implementing the solution, particularly as the number of external<br />
and internal cybersecurity threats continues to rise. A budget<br />
platform contains sensitive and even confidential information,<br />
which should be viewed and changed by only those granted<br />
authority. The right product for any organization is one like<br />
Questica, which allows administrators to determine access based<br />
on the principle of minimal privilege. Executives and department<br />
heads can specify, and modify if necessary, the information workers<br />
see. Additionally, administrators can set permissions for making any<br />
or certain changes within the system, which are always tracked for<br />
oversight and audit purposes.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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3. INTEGRATION<br />
Organizations draw financial information from numerous<br />
departments and systems, and a budgeting platform isn’t useful<br />
and cost-efficient if it doesn’t seamlessly integrate with an entity’s<br />
pre-existing software to import the necessary data. The right choice<br />
for a new solution works with an organization’s ERP, financial,<br />
payroll and even human resources programs to ensure the right<br />
data is always available.<br />
Organizations moving on from Oracle PSB may be concerned<br />
with whether a platform will integrate with their other Oracle<br />
solutions and lean toward Hyperion for this reason. However,<br />
many other providers have experience with the Oracle platforms.<br />
Questica integrates with more than 25 financial systems and has<br />
extensive experience with JD Edwards, PeopleSoft and the Oracle<br />
E-Business Suite.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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4. CONFIGURABILITY<br />
A platform should adjust for the entity - not the other way around.<br />
The true measure of a budget solution is how well it can be shaped<br />
to fit the internal processes of an organization without drastically<br />
increasing costs and time spent prior to implementation and use.<br />
By offering a Commercial Off-The-Shelf product, Questica delivers<br />
all of the necessary budgeting tools while also offering multiple<br />
options for a high level of configurability. The additional modules,<br />
including a staff planning tool, enhance Questica’s software,<br />
enabling the platform to benefit any entity no matter the size.<br />
Many other budget solutions, like Hyperion, ultimately offer many<br />
of the same capabilities, but only through extensive customization<br />
that increases both the financial and time investment of customers<br />
as well as the overall complexity of the solution.<br />
Questica’s focus is on improving the budgeting process for<br />
organizations, not making these entities adapt to a new solution. Its<br />
products offer tailored work flows, report scheduling and automated<br />
distribution, dashboards, user-defined fields and configurable entry<br />
screens, advanced search capabilities for detailed analysis, change<br />
requests and interdepartmental allocations.<br />
Not only is Questica’s solution 100 percent Web-based, supporting<br />
the most commonly used browsers, but also there is no footprint<br />
on the workstation and no need for IT to install or distribute<br />
software when new releases or updates are made available. Any<br />
system with Internet access can be used by an authorized user to<br />
access and work on the Questica solution.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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5. AVAILABLE CAPABILITIES<br />
Beyond implementation, entities need to consider the finer details<br />
of potential budget solutions. What are the true capabilities the<br />
solution offers and how easy is it to gear them to the entity’s<br />
preferred workflow?<br />
Organizations need to be able to do more than pull financial<br />
data to track costs. They must have the tools to easily compare<br />
expenditures versus the budget, run audits, make departmental<br />
transfers, compare versions, forecast for years into the future and<br />
prepare customized analytics and reports. Unlike many of the other<br />
Budgeting software providers that service any and all areas of<br />
business, the Questica solution was purposely built for the Public<br />
Sector. Questica understands the inherent needs of public sector<br />
organizations, which is why it offers all of these capabilities and<br />
more within Questica Budget.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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6. PERFORMANCE MEASUREMENT<br />
Performance factors impact an organization’s bottom line as<br />
much as financial elements, which is why it’s crucial an entity’s<br />
budget is based not only on the hard numbers, but also nonfinancial<br />
measures. Internal performance metrics such as employee<br />
engagement and productivity are crucial to the long-term success<br />
of an organization and may indicate if funds are being put to good<br />
use. Additionally, external elements that are known to impact<br />
operations can be tracked to better forecast for future need,<br />
leading to more educated allocations of funds.<br />
An organization in need of a new budget solution should look to<br />
implement a complementary performance measurement solution<br />
as well. Questica offers Questica Performance to better align<br />
budgetary and non-financial considerations for any organization.<br />
Measures can be established and monitored to track progress<br />
toward the organization’s overall strategic objectives.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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7. COST<br />
The cost of new technology is a major consideration for any<br />
organization. Whether it is hardware, software or the associated<br />
implementation costs, an entity needs to ensure its money is<br />
well spent and that the latest purchase will benefit it for many<br />
years to come. Questica understands the pressure public sector<br />
organizations face to maximize the value and return on their<br />
investments, which is why it offers a comprehensive platform at a<br />
competitive price when compared to the cost of upgrading to Hyperion.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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8. TRAINING<br />
Technological investments will fail if employees don’t know how to<br />
use them. If an organization’s new budget program isn’t intuitive,<br />
well laid out or delivered with proper training, any money or time<br />
saved prior to implementation is quickly lost. Employees need to<br />
be able to use their new budget solutions from day one. It may<br />
take a few training sessions to bring them entirely up to speed, but<br />
the system must be well-documented and intuitive.<br />
Questica prides itself on its products’ ease of use. Workers can dive<br />
into the solution from the very beginning, but Questica doesn’t<br />
expect them to go it alone. Questica ensures that everyone is fully<br />
trained and that the education process continues even after the<br />
completion of the implementation. Fully searchable and modifiable<br />
On-Line Help is available throughout the Questica solution.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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9. ON-GOING SUPPORT<br />
A new budget solution isn’t merely a tool entities purchase before<br />
going on their way. It’s an opportunity to create a partnership with<br />
a provider that benefits the organization for years, which is why<br />
entities should choose a solution that comes with a comprehensive<br />
support offering. Beyond the initial training, administrators,<br />
employees and IT support are bound to come up with a few<br />
questions, and Questica is there to help. Questica offers unlimited<br />
customer service through its support desk, inclusive of a selfservice<br />
web portal and knowledge base. Understanding the need<br />
to go above and beyond basic tech support, Questica offers free<br />
monthly Web-based training sessions for its customers.<br />
Questica has more than 15 years of experience providing public<br />
sector organizations with a strong budget solution – one that is<br />
consistently improved upon through a combination of industry and<br />
customer input.<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
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10. EVIDENCE OF SUCCESS<br />
Arlington Public Schools, a former Oracle PSB customer, which<br />
encompasses more than 30 schools and programs including more<br />
than 23,000 students, recently implemented Questica Budget. This<br />
is but one example of Questica’s previous success and familiarity<br />
with Oracle systems. Questica integrated the solution with the<br />
Oracle E-Business Suite to enable the school district to better<br />
manage personnel budgeting, account for changing enrollment<br />
and scale as the district grows.<br />
If you are looking for alternatives to being forced to upgrade<br />
from Oracle PSB to Hyperion and want to learn more about<br />
Questica’s products and Public Sector experience, contact us today.<br />
questica.com<br />
905-634-0110 ext 513<br />
info@questica.com<br />
<strong>REPLACING</strong> <strong>ORACLE</strong>? CONSIDER QUESTICA FOR YOUR NEXT BUDGET SOLUTION<br />
11
980 Fraser Drive<br />
Suite 105<br />
Burlington, Ontario<br />
Canada L7L 5P5<br />
questica.com<br />
905-634-0110 ext. 513<br />
info@questica.com