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Orbit GL Sense financial reporting is a cloud-based reporting solution that provides the best of both worlds: modern, flexible cloud reporting integrated with the familiar, Excel-based reporting experience that many finance teams loved in PeopleSoft nVision. Suppose you are looking for a seamless PeopleSoft nVision replacement to migrate to Oracle Fusion Cloud ERP, but you miss the ability to generate powerful, Excel-friendly financial reports. In that case, Orbit GLSense offers the easiest, most efficient alternative to nVision in Oracle Fusion.
In this blog, we will explain why Orbit GLSense is the best alternative to PeopleSoft nVision for financial reporting and how it delivers an easy-to-use, Excel-driven financial reporting solution that is focused on end users.
Challenges for Migration from PeopleSoft to Oracle Fusion Reporting
When businesses plan for PeopleSoft
to Oracle Fusion migration, one of the biggest challenges is the reporting transition. PeopleSoft nVision was known for:
- Its flexibility in creating financial reports with multiple dimensions, such as departments, cost centers, and profit centers.
- Its Excel export capabilities made it easy for finance teams to work with familiar tools for analysis, sharing, and formatting reports.
- The ability to handle complex financial statements, budget-to-actual reporting, and variance analysis in a way that was user-friendly and customizable.
Why Migrating from nVision is Challenging
- Data Model Differences: Oracle Fusion’s chart of accounts and data structures may not align directly with PeopleSoft’s, requiring careful mapping and reconfiguration of reports.
- Report Redesign: nVision reports often rely on Excel templates, macros, and queries that are tightly woven into PeopleSoft. Simply lifting and shifting these to Oracle Fusion can be complex and time-consuming.
- User Adoption & Training: Finance teams familiar with nVision’s Excel-centric interface may face a learning curve with new Oracle Fusion financial reporting tools, impacting productivity and adoption.
- Security & Access Control: Replicating nVision’s row-level and departmental security in Oracle Fusion requires in-depth planning to ensure appropriate data governance.
- Performance & Scheduling: Highly formatted, detailed reports that ran smoothly in nVision may require performance tuning in Oracle Fusion’s environment, including rethinking scheduling and distribution processes.
That’s where Orbit GLSense steps in as the perfect solution for businesses migrating from PeopleSoft to Oracle Fusion Cloud ERP.
Why Orbit GLSense is the Perfect PeopleSoft nVision Replacement?
Excel-Based Financial Reporting that Feels Familiar
One of the primary reasons many finance teams miss PeopleSoft nVision is its Excel-based financial reporting solutions. Most finance professionals are comfortable using Excel for its advanced data manipulation features, such as sorting, filtering, and pivoting data to generate the insights they need.
Orbit GL Sense financial reporting: Provides a seamless Excel experience, allowing users to generate reports directly in Excel. It enables users to easily create drill-down financial reports in Oracle Fusion, such as balance sheets, income statements, cash flow statements, etc, in Excel. Orbit GL sense is the real-time reporting tool for Oracle ERPthat includes all the formatting, calculations, and data in the export. This ensures that finance teams can continue to work in Excel, which is crucial for many organizations.
Dynamic Excel-based financial reporting in Oracle Cloud ERP:Beyond just exporting data, Orbit GLSense integrates Cloud ERP data directly into Excel, ensuring that reports are always up-to-date without the need for manual updates.
Excel formulas and pivot tables: Users can use advanced Excel features like formulas, pivot tables, and charts to analyze and manipulate financial data, just as they would with nVision.
This Excel integration allows for a smooth transition, enabling finance professionals to leverage their existing Excel skills while also benefiting from real-time reporting for Oracle ERP.
Easy-to-Use, End-User Focused Reporting
Orbit GLSense is designed to be user-friendly, especially for end users who need to create GL financial reports without relying on IT. Meanwhile, PeopleSoft nVision allowed users to generate reports. Orbit GLSense simplifies the process, putting power directly in the hands of the finance team.
Seamless Integration with Oracle Fusion Financials
Orbit GLSense is built specifically to integrate with Oracle Fusion Cloud, including Oracle Financials Cloud, to ensure smooth data flow between your financial systems and your cloud-native financial reporting tools.
Real-time data/near real-time data: GLSense pulls data from your Oracle Fusion applications, ensuring that reports are based on the most up-to-date information available.
Unified financial reporting: All the financial data you need, from the General Ledger (GL) to accounts payable, accounts receivable, and procurement, can be integrated into a single report, streamlining financial analysis.
Seamless connection: Orbit GLSense connects directly with your existing Financial reporting in Oracle Cloud ERP systems, ensuring that you get accurate, real-time data with no need for manual uploads or data silos.
This integration ensures that your financial reports are always aligned with your core financial data, removing the risk of errors or outdated information.
Drill Down to Details Automatically
AI-powered GLSense offers an intuitive experience for complete drill-downs from balances to sub-ledgers. It also enabled fast and easy distribution of financial reports without switching between applications.
Faster Month End Closing
With Orbit GLSense, you can quickly build financial statements within Microsoft Excel that are automatically populated with live data from your company’s financial system. You can connect to key business applications to get a complete view of your required month-end, quarter-end, or year-end in Excel. GLSense integrates with your ERP’s general ledger and sub-ledger modules to make your close processes more efficient, accurate, and reliable.
Scalable and Cloud-Native Solution or On-Prem
As a cloud-native solution, Orbit GLSense is scalable, meaning it can grow with your organization without the need for significant infrastructure investments or upgrades. Whether you are dealing with small-scale financial reports or large-scale, enterprise-wide reporting, Orbit GLSense can handle it.
Cloud-based Architecture
Orbit GLSense runs in the cloud, meaning there are no worries about on-premise server management, hardware limitations, or system downtimes. Since Orbit GLSense is cloud-based, it is constantly updated with new features, bug fixes, and improvements, ensuring that your financial reporting keeps pace with your business needs.
Increased Efficiency and Productivity
By combining the Excel-friendly capabilities of PeopleSoft nVision with modern cloud technology, Orbit GLSense allows finance teams to work more efficiently. This is known to be the best reporting tool for Oracle Fusion for its ease of use, real-time data integration, and Excel reporting capabilities, which means that your team can generate, analyze, and share reports faster, improving overall productivity.
Conclusion: Orbit GLSense – The Ideal Replacement for PeopleSoft nVision
For companies deciding on PeopleSoft to Oracle Fusion migration, Orbit GLSense is the ideal solution to bridge the gap in financial reporting. With its Excel-based reporting capabilities, user-friendly interface, and seamless integration with Oracle Fusion Financials, Orbit GLSense provides everything finance teams need to generate, analyze, and share reports in a way that’s familiar, efficient, and cloud-optimized. Get your Orbit GL Sense demo to start your migration today.
