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Finance
Reports & Data Store
One
promise of the Oracle applications is the prospect of being able to enter
and retrieve more and better information that will assist in management
decisions, from the individual to the institutional level. It is expected
that the time consuming practice of re-keying information from the core
financial system into "shadow" systems will be substantially reduced,
if not eliminated, over time.
Standard reports are bundled with all Oracle
applications and can be requested by an authorized user at any time. They
have a fixed format and layout, but their content can be focused each
time the report is submitted by specifying selection parameters.
For ad-hoc queries, Oracle Discoverer is a tool
that offers the capability of accessing the database with an interface
that allows users to generate informative, decision-ready reports. Templates
for instant report layout, seamless connectivity to the databases, and
point-and-click query construction provide a simple mechanism for users
to retrieve information.
In addition to these reports tools, the following
tool in Oracle Grants Management will be useful for reporting:
- The
Project Status Inquiry (PSI) is a feature that enables users to quickly
review the current status of their projects and then drill down for
more detailed expenditure data at the resource or task level. PSI data
can be exported into a spreadsheet for further analysis.
- The
Award Status Inquiry (ASI) is a feature that enables users to quickly
review actual and committed transactions, invoices, and budget and expenditure
data at the award, project, resource, or task level. This feature allows
users to view financial data at the award and project levels for all
projects funded by an award.
Most of the Oracle information required by the University community will
reside in an Operational Data Store (ODS). The ODS will be a companion
to the existing Information Warehouse. There are many advantages to this
strategy, and one of the is that it reduces the workload placed on the
Oracle applications. If the only source of information were the Oracle
applications, requests for information would "compete" with the need for
rapid transaction processing.
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