If your organization recently migrated or is planning for PeopleSoft to Oracle Fusion cloud migration, you may be missing the reliable financial reporting capabilities that PeopleSoft nVision offers. nVision was widely recognized for its flexibility in generating complex financial reports, particularly excel-based financial reporting solutions. These solutions help many finance professionals rely on them to analyze General Ledger (GL) data, financial performance, and budget variances. However, as organizations move to nVision for Oracle Fusion, they may find that the native reporting tools don’t fully meet the expectations or reporting needs that nVision once satisfied, especially when it comes to the depth and flexibility of Excel reporting for Oracle Fusion ERP.
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.