At Kscope19 we worked hard, played hard and #data4good harder! ODTUG Board Members always start off Kscope a few days earlier than most attendees. It takes a lot of passion, dedication and vision for the community to be a part of this team!
Management Ledger models, whether HPCM or PCMCS, have been around for a few years, but I still receive emails asking for help in figuring out where the results are coming from. This request is often related to the lack of understanding of the Balance dimension. Here are some key pieces of information regarding this system dimension, how it works, how it should be used when defining allocations and integration jobs and how to leverage it to troubleshoot your allocations.
Traceability is the word of the day in any system, but especially in regulated industry. Being able to prove the numbers is crucial to all businesses but can be very time consuming and complex for companies who operate across diverse lines of business, with a large pool of Channels, Services, Customers or Products.
The sexiest topic of account reconciliations consistently revolves around automation. Yes, ARCS provides a central repository. Yes, ARCS is auditable. YES, ARCS shows a traceable workflow throughout the reconciliation cycle. All of these features are highly useful and absolutely a prerequisite to an enterprise worthy solution, but if you want to really grab people’s attention in a design session, start talking about the things they won’t have to do.
Redesign IS possible: ARCS does not permanently punish any design decisions made on “Day 1,”…but not all changes are equal in complexity, nor can all changes be made without consequence. A successful implementation ensures that the application design is sound for today and that a well laid roadmap is in place for tomorrow.