Originally posted by: Capt Caveman
Correct. I have been implementing and supporting Oracle systems for over ten years. Oracle absolutely sucks for reporting and data exporting.
It's a lot less expensive and time consuming a lot of times to just perform a data dump from the database and manipulate it using Excel than it is to have a developer build a custom report or interface.
Where crap in a can reports failed me was taking data and being able to slice charts by specific groupings of finance contracts. Static pool analysis.
Essentially you group contracts of similar types, say by FICO score buckets (450-500 FICO score, 500-550) when they were originated in a certain year (2007). Then matching those buckets and contracts to contracts that defaulted. I needed to know when they defaulted and be able to come up with the %. This also needed to be manipulated so that I can look at the base %'s, not just a pretty chart.
The warehouse and query tool were great for bulk processing, such as determining which contracts fit into the buckets, or when/how the contracts defaulted. However, it utterly failed when trying to combine the numerator (defaulted contract bucket) with the denominator (origination volume bucket).
When it came down to it, they just couldn't match up originations separated out by so many buckets. I had to have this data by FICO, original term length, origination year...etc.
Complex analysis and usage of data for modeling is impossible in ERP systems. When it comes down to it, that type of stuff is just too customized and complicated.