Cloud

Oracle Cloud ERP – Its real and kicking

oracle erp cloud

No other cloud platforms has such a comprehensive set of business applications in Cloud like Oracle. All the core applications HCM, finance, procurement, sales, project and supply chain are fully integrated into one platform. With Oracle Cloud platform there are now bunch of integration tools which can used to integrate your other business applications.
Legacy systems: Even though these Oracle Cloud Apps are redesigned ground up, still most of the features and functionalities are taken from on premise. There is already robust support to handle almost all kind of business processes and complexities required for small to very large multinational organizations. Keep in mind even though Oracle is adding lot of feature in every release, there are still some functionalities not available in Release 13, which is the latest version at this point.
On data migration is big and crucial aspect. On olden on premise days we used to write bunch of data conversion and post validation programs to move the data from legacy to new system. Oracle provides various ways to convert the legacy data – File based loader is great tool for one time load or some repeated manual loads.
Change Management: Off course, different folks have different training needs. Business users, engaged in Cloud implementation should take the pre-implementation training first, so that they can ask right questions and get the implementation catered to their needs. There are tons of material available both free and paid. A qualified SI can help you and your team to identify right content and make recommendations. IT users need to know how to maintain the application, access controls, patching schedules, integration needs and architecture and testing etc.,
Again it is absolutely crucial to establish the fact upfront that objective of going to Oracle Cloud is to adapt the power of rich functionalities of tier one systems. There will be occasions where business users need to take hard decisions and let go of their custom processes. Business champion will need to be given all the authority and will play a pivot role.
Reporting and Analytics: Here is the most powerful aspect of Oracle Cloud solutions: It has many great reporting capabilities. The trick is to know which one to be used when. Off course, Oracle acronyms don’t make it any easier– BI Publisher, Native Reports, OTBI, Smart Views, FR Studio and Sunburst. Let me decrypt this for you.

  • BI Publisher – For, Customer facing documents such as Customer Invoice, Purchase order, Check Print etc.,
  • Native Reports – Some seeded reports are available out of box such as Open AP, Open AR, Transaction Register, All POs, etc., These are well segregated and organized by module.
  • OTBI (Oracle transactional Business Intelligence) – One of the most powerful feature where users can build their own reports on live application data and share with others
  • Smart Views – Excel reporting feature for slice and dice on real application data
  • Financial Reporting Studio – Boardroom quality financial reports such as Balance sheet, Income Statement, P&L reporting etc.,
  • BI Publisher – For, Customer facing documents such as Customer Invoice, Purchase order, Check Print etc.,
  • Sunburst – Excellent data visualization tool

 

Cloud Culture: Lot of implementation fail because they can’t integrate or there are bad integrations. It is very important to setup right expectations. Well, you could find some of these are different from other cloud apps.
Project Planning and Governance: Over the year’s project planning and governance has gone to a different level, lot of SIs included Jade Global has to completely retool the approach, methodology, team composition and governance model to map it completely with Cloud implementations. You will need to understand this, be ready to run with it. Often, the bottleneck of cloud implementation is customer’s readiness not the SI’s implementation tasks.
Post implementation Support- Some of seasoned IT and business organizations will think about it, way ahead of go-live. But there are lot of SMBs, for them post implementation support is afterthought and will struggle, unless they clearly address the framework. Business perception and adaption will be formed on how fast you can get the system stabilized and start adding incremental business value.
One of my customers has saved close to 80% savings in post go-live support after moving to Cloud. They realized ROI from moving from on prem EBS to Cloud faster than they originally planned for.
Feel free to share more interesting questions you may have in your mind !

Read More: Oracle Cloud ERP – Its real and kicking.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *