ORACLE CLOUD ERP – AN INTRODUCTION Masterclass 2

  • What is ERP?
  • Need of ERP
  • How ERP Works?
  • Different ERPs Available
  • Evolution of Oracle ERP
  • Types of ERP
  • Features of Oracle Cloud ERP
  • Product Line
  • Components
  • Look and Feel
  • Conclusion

What is ERP???

Definition: Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. A complete ERP suite also includes enterprise performance management, software that helps plan, budget, predict, and report on an organization’s financial results and other business trends.

Why ERP???

ERP helps you to get Higher productivity, Better insights, Accelerated reporting, Lower risk, Simpler IT & Improved agility.

How ERP works???

ERP system, also called as ERP suite, is made up of different enterprise Resource Planning Applications or Modules that talk to each other and share a database. Each ERP module typically focuses on one business area. You can combine different modules to meet your needs. Finance, Human Resources, Sales, and Logistics are popular starting points. There are also modules specific to industries – from Manufacturing to Retail.

Different ERPs

  • Oracle Cloud ERP Microsoft
  • SAP
  • Infor
  • IFS
  • Workday
  • Epicor
  • Selesforce

Evolution of Oracle ERP

Oracle Accounting System(1987-1997)

e-Business Suite 11i(1998-2006)

e-Business Suite R12(2007-Present)

Oracle Cloud ERP-(2011-Present)

Types of ERP

  1. On-Premise ERP
  2. Cloud ERP
  3. Hybrid ERP

Features of Oracle Cloud ERP

  • Financial planning and Analysis
  • Accounting
  • Order management
  • Enterprise Performance Management
  • Risk management
  • Revenue recognition
  • Compliance and Governance
  • Procurement
  • Inventory and Supply Chain
  • Financial close
  • Project planning and Execution
  • Product lifecycle

Product line

  •  ERP(Financials)
  • Human Capital Management
  • Procurement
  • Supply Chain Management
  • Manufacturing
  • Project Portfolio Management
  • Enterprise Performance Management
  • Logistics

Components

  • BPM(Approvals)
  • General Ledger
  • Journal Approval
  • Payables
  • Invoice Approval
  • Hold Resolution
  • Payment Approval
  • Invoice Account Coding
  • Manual Credit Memo
  • Expenses
  • Expense Report
  • Cash Advance
  • Intercompany
  • Transaction
  • Receiver Distribution
  • Budgetary Control
  • Override Request
  • Receivables

Data Import One can import data in Oracle cloud in quiet a few ways, however Oracle has provided two major types of it as below:

  1. File based Data Import
  2. ADF Desktop Integration

FBDI ADFDI Data file prepared off-line Excel sheet ‘Connected’ to instance Bulk data conversions & feeds from external systems Regular loads/adjustments based on manually compiled data Validation after upload Excel validation via list of values Required Little Technical Expertise More User friendly Very fast upload Slower upload Off-line, no plugin required Desktop Excel plugin required Load via comma separated file ‘csv’ Upload via Excel only

Oracle Support

Docs.oracle.com

Learn.oracle.com

Customerconnect.oracle.com

Support.oracle.com

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