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Accenture and Oracle have developed a new cloud-based financial solution designed to help hospitality companies improve business management by giving them better access to real-time financial data. The Accenture Oracle business group's new hospitality finance cloud solution enables companies to access financial data in real-time from multiple data sources, such as internal property management systems and external financial institutions, and connects to existing on-property systems to automate workflow approvals and establish standardized operations processes.

I am with Jon at the Oracle Industry Connect this week. Of course I have enjoyed connecting with those I know, but I must admit it is also enjoyable meeting people from other industries like life sciences, healthcare, financial services, insurance and education. Sometimes I forget that there are industries other than hospitality. I have enjoyed meeting these people from other industries, but it is amazing how they all want to really know what the hotel industry is all about. When your business is about where people eat, drink and sleep I guess it does sound a bit more intriguing than the banking industry. It has been an enjoyable two days and no matter how often we interact with others in the industry, nothing beats face to face. There was a great crowd from the hospitality space with a lot of the higher ups from the industry attending. It was nice seeing so many making time to come to this event. I thank Oracle for inviting me and after the events Hospitality Upgrade put on last week I am very thankful I just get to attend, not having to speak nonstop. Thank you, Jon, for making this week's Siegel Sez easier as I sit in my hotel room in Washington, D.C., at 5:30 in the morning trying to be creative after a night of eating and drinking at the Smithsonian Castle.

I am with Jon at the Oracle Industry Connect this week. Of course I have enjoyed connecting with those I know, but I must admit it is also enjoyable meeting people from other industries like life sciences, healthcare, financial services, insurance and education. Sometimes I forget that there are industries other than hospitality. I have enjoyed meeting these people from other industries, but it is amazing how they all want to really know what the hotel industry is all about. When your business is about where people eat, drink and sleep I guess it does sound a bit more intriguing than the banking industry. It has been an enjoyable two days and no matter how often we interact with others in the industry, nothing beats face to face. There was a great crowd from the hospitality space with a lot of the higher ups from the industry attending. It was nice seeing so many making time to come to this event. I thank Oracle for inviting me and after the events Hospitality Upgrade put on last week I am very thankful I just get to attend, not having to speak nonstop. Thank you, Jon, for making this week's Siegel Sez easier as I sit in my hotel room in Washington, D.C., at 5:30 in the morning trying to be creative after a night of eating and drinking at the Smithsonian Castle.

The May 14 edition of The FINANCIAL includes an article highlighting Oracle's announcement that Columbus State University implemented its Oracle Business Intelligence Enterprise Edition. The article notes that Columbus State University worked with Oracle for improved reporting accuracy and timeliness to conform to Georgia's "Complete College Georgia" plan, which seeks to increase the number of Georgia's young adults who obtain a college degree. The integration of Oracle's Business Intelligence Enterprise Edition created a single knowledge repository, bringing together the university's student information system, facility management, and PeopleSoft applications. The article includes comment from Cole Clark, global vice president, education and research industries, Oracle, who notes that with Oracle's Business Intelligence Enterprise Edition, Columbus State University can bring together student and faculty information and spend more time developing programs and making informed decisions.

The April 30 edition of EdTech includes the following article highlighting Florida State University's (FSU) business intelligence (BI) and the increasing adoption of BI projects at institutions like FSU. The article notes that FSU's BI platform uses Oracle Business Intelligence Enterprise Edition, which was selected because it integrates with the university's PeopleSoft HR and Financial systems. FSU also invested in Oracle's BI Stack, including PeopleSoft Enterprise Performance Management and Oracle databases. The article highlights benefits the university realized, such as access to information via dashboard at any time, simplified auditing and increased staff productivity.

The multi-year IT initiative that Charming Shoppes is embarking on will be nothing less than "a transformation of our technology, distribution and supply chain capabilities," according to CIO Michael Barrett. Encompassing upgrades of core systems that include the point-of-sale, merchandising, inventory, financials, warehouse and order management, the 1,857-store retailer's efforts are projected to drive $25 to $30 million in cost savings within a two-year time frame.

The November 4 edition of Campus Technology included an article covering the University of Texas-Pan American's (UTPA) new financial and human resource payroll software. The university implemented the software in an effort to accommodate expected growth in enrollment and new academic programs. UTPA deployed Oracle E-Business Suite 12.1 to manage accounts receivable, cash management, and time entry for faculty and staff operations.

press release highlighting that the United States Marine Corps has implemented an integrated suite of Oracle solutions to support its supply and maintenance system. The article notes that the U.S. Marine Corps implemented the Oracle E-Business Suite, including Oracle Financial Management, Oracle Purchasing, Oracle Mobile Field Service and Oracle Supply Chain Planning. The article also includes comments from Mark Johnson, senior vice president, Oracle Public Sector noting that by using Oracle applications and technology, the U.S. Marine Corps is able to improve combat effectiveness through an integrated, near real-time logistics system.

"Enterprise retail systems are also firmly committed to weaving science into decision-making. Oracle debuted Oracle Retail Release 15 in January, updating the entire suite and featuring several new cloud services that embed science and analytics. "We've simplified the science of business intelligence, made it more contextual and put it into the application versus having the retailer invest in a whole new BI platform," says Mike Webster, senior vice president and general manager of Oracle Retail and Hospitality. "We've had demand forecasting for some time, but we can now provide data at an attribute level in order to pre-populate a forecast." "It's now possible to look at the financial plan or the assortment plan across the store, franchises, the wholesale business and online," Webster says. "The merchant now has a holistic view, and that's critical for decision-making.""

Stacey Shulman, chief information officer and head of e-commerce for American Apparel: "We had anticipated four times the traffic from Cyber Monday 2011, but we ended up with 20 times the traffic," she says.