Question: Imagine you are in a sinking rowboat surrounded by sharks. How would you survive?
Last Month's Teaser
Question: I have forests but no trees. I have lakes but no water. I have roads but no cars. What am I?
I have noticed a lot of posts on social media talking about JDE security and the need to redesign your security as part of an upgrade process. There's lots of advice dispensed about what needs to happen to make this process work more effectively and to encourage you that the results you will achieve are worth the monumental effort involved.
So, what exactly is an inventory pipeline and why is it important to manage? It all has to do with the timing between when transactions appear in the cardex and when they are recorded in the general ledger.
There are 2 types of timings I like to refer to as “Batch Now” and “Batch Later”. “Batch Now” means that a GL batch is created at the same time the entry is made in the cardex. Examples of these would be issues, adjustments, transfers and purchase order receipts. The GL batch is created but posting is a separate process.
I recently attended a convention keynote where the presenter spoke to the impact the Fourth Industrial Revolution had on all aspects of business. This Fourth revolution builds on the digital revolution, with the fusion of emerging technologies that are growing at an exponential rate. It is disruptive, especially with the recent focus on RPA and AI, with automation leading the charge in all aspects of our lives, professionally and personally.
Yet when we think of one of the most fundamental areas of finance, Accounts Receivable, we still see AR teams taking a traditional approach, full of manual processes, disjointed practices, and segmented core functions, such as presentment, collections and payments.
Welcome to the February 2019 issue of the GSInsider! You'll find great educational content, including tips & tricks, industry news & insights, trends, how-to's, videos, upcoming webcasts, what's new, and more!
Our educational content starts with our free educational webcasts that we hold each week on topics related to JD Edwards. You can check out our schedule and register by visiting JD Edwards Webcasts. You can also access our on-demand webcasts by visiting On-Demand Webcasts. We also have a great educational blog, as well as lots of quick how-to videos out on You-Tube.
Sometimes I take the little things for granted when I am working with users. I assume that everyone uses the little shortcuts and sometimes I get a “what did you just do there?” Well, I make a note of it and say, well, I guess I need to put it in a Consultants Corner article for everyone to be reminded of some of the cool functionality. I know we have covered Favorites and Query’s and all kind of shortcuts, but here is another helpful shortcut task. Many times, you will find yourself jumping around to different tasks that may not be in your favorites, or you did something in the AM and now it's later in the day and you need to go back to it. There is another quick process that can get you there (to the task). BREADCRUMBS!
Our Robot Overlords are Here (and they are us)
This article is the second anniversary of the Digital Transformation section of the GSInsider. I thought for this article I would take a step back in time to last year and see how far we have come relative to the February 2018 article entitled “Our Robot Overlords are Here (and they don’t look like Terminator).