Leverage Oracle Supply Chain information with the objective of calculating accurate Inventory Valuation.
With eWorksheets, eliminate the redundancies and inefficiencies of unintegrated Excel spreadsheets.
Maximize tax benefits while complying with inter-company margin requirements of legal entities.
Triniti's Data Quality Dashboard (DQD) has been designed to address issues of poor data quality in an unstable planning environment.
Excess & Obsolete (E&O) Inventory Reserves is the retention of estimated charge from earnings to write down the value of inventory due to expected impairment. Recording E&O Inventory Reserves is according to the principle of conservative accounting which allows the business to estimate inventory losses early on, and prevents the balance sheet inventory accounts from being inflated. Accordingly, this is treated as a mandate for the Financial Reporting as per Generally Accepted Accounting Principles (GAAP) as well as during SOX audits. In the absence of a system driven process for inventory valuation during the period end closing, business users are required to use spreadsheets to store valuation related data and set up inventory valuation rules and criteria sets outside of Oracle ERP system. This process is inherently cumbersome, error prone, and more importantly, not auditor friendly. Triniti iReserves is an accurate and simplified offering designed to automate the process and to achieve maximum accuracy of calculating E&O Inventory Reserves by using real-time Data. It is a systemic solution where the entire inventory valuation process is automated. It also introduces the transparency with detailed explanations for the valuations of each group of materials. It is therefore easier to audit.
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Data Sheet: iReserves - E&O Inventory Analyzer
Triniti iReserves is a product that automates the Excess and Obsolescence (E&O) process for Oracle Ebusiness suite. This process in most organizations is manually managed using Excel and email. With iReserves organizations can make the inventory valuation process very efficient and significantly reduce audit costs. It will also make the quarter and year-end closing process more efficient. iReserves comes prebuilt configurable rules, pre-built dashboards and KPI's. Play the video to know about Triniti iReserves.
By going through this demo, you can learn the features of Triniti's iReserves. iReserves automates the reserve calculation as part of the legal and business requirement to reserve excess and obsolescent (E&O) inventory and report an accurate inventory valuation. This process in most users of Oracle eBusiness suite is either completely manual or with some homegrown customization. iReserves has many features that make the process efficient and provides a complete audit trail. It also has built-in dashboards to quickly assess the performance. Play the video to see Triniti iReserves Demo.
Not all aspects of your business processes can be contained within the realm of your ERP. The result: wide ranging spreadsheets that get deeply embedded into decision-making. Convert your spreadsheet-based processes into a tightly integrated system with EBS in a matter of days.
eWorksheets are so simple, that internal IT in a matter of hours can start configuring powerful reports and applications.
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eWorksheets software supports Oracle Cloud Platform
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Case Study: Peregrine reduces audit costs using eWorksheets
Case Study: Sony eliminates redundancies and unnecessary complexities using eWorksheets
Data Sheet: eWorksheets
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Scott Rehner, Corporate Vice President of Global Information Technology
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| "GSI Group, Inc. implemented Triniti eWorksheets as part of its global Oracle R12 project across multiple Business Units. Triniti eWorksheets was chosen after evaluation against other software available in the market to build Operational Reports, BI Analytics and Dashboards. eWorksheets will enable GSI with real time access to EBS data, eliminate spreadsheets and helping to achieve paperless operational reporting. eWorksheets’ self-service capability of creating dynamic filters for slicing and dicing data fits perfectly with the requirements from our business users. With just 10 eWorksheet data models, we were able to cater to 30+ user report requirements across multiple BUs. The business no longer needs to rely solely on the IT team for its ad-hoc reporting needs." |
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Tax Optimization is a critical part of running a global business and our software enables doing that while maintaining the sanity and rigour of doing it within the framework of the EBS. Keep your auditors happy while at the same time optimize on your taxes!
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ASCP output can be highly complex and confusing. Architected by planners with over 25 years in the industry, DQD allows users to quickly identify and resolve issues in the supply chain.
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