Blogs

Complying with IFRS 16 – Lease Accounting

Triniti helped multiple entities in the middle east transition from IAS 17 to IFRS16. For lessees, the changes introduced by IFRS 16 are significant with the requirement to bring all leases onto the balance sheet. Though IFRS16 coverage is far and wide, and some aspects of application require the exercise of judgment, this blog serves as a quick reference on how to account for the ‘right of use’ asset and the related lease liability. Read more to uncover the details.

Triniti Leverages Oracle Enterprise Command Centers (ECC) for BFSI Customers for GL Drill down and to Prevent Payable Invoice Penalties

ECC is a set of tightly integrated, information-rich dashboards to help Oracle E-Business Suite users identify and act on priority transactions. It differentiates itself from traditional business intelligence platforms by facilitating users to drill down to transactions that need their attention. Business users can attend to these transactions without having to switch between different applications.
Read our blog to understand how Triniti Leverages Oracle Enterprise Command Centers (ECC) for BFSI Customers for GL Drill down and to Prevent Payable Invoice Penalties.

Beyond Project Management - Six Additional Things a “Wise” Project Manager Must Do

Project management, an inexact science, has a well-defined body of knowledge providing a framework for managing different facets of projects. However, there are other aspects of project management beyond time, cost, scope, and quality that deal with team dynamics, motivation, and enablement. I call it the wise project manager who is at work. Let’s look at his tasks and job profile.

5 Questions for Digital Transformation of Finance Function

We hear stories of the successful transformation of Finance functions, but the unsuccessful ones are quietly buried. Therefore It is important to play devil's advocate and understand various facets of digital transformation. Let us read the blog and see how we can do that.

Considerations for Solving the Big Data "Small File" Problems

Big data has over the years gained acceptance as storage for unstructured data such as emails, text files, web pages, digital images, multimedia content, navigation details, and social media posts. In the last few years, the focus has moved to capture structured data such as Customer information, Sales transactions, and Purchase orders in data lakes, replacing conventional Data Warehouses and eliminating 'Transformation' from ETL. The biggest challenge in big data is the problem commonly referred to as "the small file problem."

Oracle EBS Change Management Competitive Feature Comparison of Kintana, STAT, and TRI2 AOM

Does your change management process include manual intervention and slow down your release times? You may feel as if you’re getting by with your change management tools but what if you could significantly accelerate migrations, audits, upgrades, rework, and more? This would mean more time to improve application quality, automated change management and delivery, shorter cycle times, better quality, and increased transparency. Leveraging the best-in-class governance framework, Triniti's TRI2 brings leading-edge process control to Oracle EBusiness suite change management. With similar tools prevailing in the market for Oracle EBS change management, here is the competitive feature comparison of Kintana, STAT, and TRI2 AOM

Business Benefits & Behavioural Outcomes Influenced by Application Object Migration (AOM)

During multiple implementations of our TRI2 Application Lifecycle Change Management (AOM), we initially observed limited participation from business users, as the tool was perceived to be IT-centric. After following the usage trends and increased involvement of business teams in change management activities, we see that the benefits are being reaped across groups and are not limited to developers and application administrators. Let us look at the not-so-obvious benefits that the organizations have realized as they started using the application.

Successful Project Management: Helping Managers to Help Themselves

All projects require teamwork to achieve project goals within the given constraints. We often face glitches at every stage of the project lifecycle. Everybody wants their project to be successful, but few take the time to understand what that means.

Top 5-things we did in 2020

As we bring down the curtain on the tumultuous 2020, I indulged myself in some retrospection and decided to jot down the things that, in my opinion, helped us pull through. 

Christmas Is A Claus For Celebration

Bringing every heart together, Christmas is the perfect time of the year to greet others with love, care, and generosity. In this spirit, let this small story kindle your holiday season, making it filled with sparkles of joy. Merry Christmas to you and your family!

Data to Decisions - Understanding Analytics

Analytics has become the backbone for digitally savvy organizations as a strategic differentiator. Data traverses through multiple layers and processes, ultimately resulting in information to enable partial or fully autonomous decision-making. To understand analytics, we need an understanding of the different components involved and how they come together. Let us have a look through this blog

AngioDynamics: Building a Case for Oracle Demand Management Cloud

AngioDynamics, a leading provider of innovative medical devices, went live with Oracle Demand Management Cloud solution integrated with its Oracle EBS. To build a business case, we focused on a couple of aspects. Let us read the blog to know more
 

Challenges on the Way to Oracle Cloud

Organizations planning to move to Oracle cloud face challenges. We discuss them with insight on how we prepare for them. 
 

Lost in Translation - The ‘Waterfall’ Methodology

While it is true that software projects have had more than their share of failed projects, the methodology took the bulk of the blame. Agile, as discussed before, was thus born to correct all that was wrong with Waterfall. But is the methodology to blame for failures, or is its adoption? Let's explore Dr. Winston W Royce paper 'Managing the Development of large software systems'.

Assessing Agile Adoption - 4 Value Test

In the paper by Winston W Royce that brought 'Waterfall Model' for software development into prominence, he took time to highlight the embedded non-iterative nature, and how this makes the waterfall, a model that is "risky and invites failure". Taking a cue from failures, organizations have started initiatives to be agile. Let's look at four Agile values from the Agile Manifesto that will help Agile adoption.

Responsive Realignment Strategies of Triniti Customers: The COVID-19 Factor

In our previous blogs, we talked about digital transformation and our adoption as general strategies. In this, we will walk you through specific tactics we developed for our customers in response to COVID-19 challenges.

This Is How We Did It: Triniti's Response to COVID-19

Customers trust Triniti because of its history of commitment to customer success. One day in March, Triniti, like every other company, was asked to lockdown by the Indian Government. Despite the immediate disruption caused by COVID-19, we had to ensure that our commitment would not be affected. We did just that. We achieved zero-disruption!
 

COVID-19: Triniti’s Advice on Business Continuity Planning

Responding to Coronavirus is a challenge for any business. The global and interconnected nature of the business environment has caused a serious supply chain disruption, adversely impacting worldwide economies and GDP. Individual organizations in all countries are trying their best to protect their employees, clients, and partners from COVID-19. All the while trying to minimize the impact of the pandemic on their businesses.

Evolution of Oracle Costing – Checking CFO’s Wish-list with In-Memory Cost Management

​Starting with early releases, Cost Management, one of the most stable components, provided multiple flavors. On the basis of costing method supported, it included Standard Cost, FIFO, as well as Average Costing. In terms of the manufacturing process, Cost Management offered support for Oracle Shop Floor Management (OSFM), focused on Lot based manufacturing and Lot genealogy with Work In Progress (WIP) provided cost transactions for discrete manufacturing and Oracle Process Manufacturing (OPM) supported process manufacturing.

Saving More With Open Source - How Can It Lower Your Organization's IT & Development Cost

Introduction

In the last couple of years, there has been a significant change in the preferences of the bigger organization towards an open source solution. Today more than 75% of the corporates use some kind of open source solution and nearly 65% of the companies consider open source solutions before any proprietary software alternative. So now comes the big question: Why organizations prefer an open source solution? What are some of the significant beliefs that lead organizations towards an open source platform?


Improve Your Quality Management System to Enhance Your Organizational Performance

Introduction

Every organization needs to ensure sound quality standards for retaining their customers and growing the business. Often a Quality Management System (QMS) is not given the attention it deserves. In such cases, it can have a direct impact on the organization’s sales and resulting market share. Subsequent in the article, we would talk about unsighted/ failed approaches in an organization and provide tips and ways to improve the Quality Management System.
 

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