Articles

Why Oracle Fusion is trending in the market?

by Nasar Mohammed Senior Digital Marketing Associate

Oracle Fusion is the best business process introduced from different flavours of ERP and most importantly it is cloud product and subscription model-based. Currently, Oracle is offering many applications for clients to implement and use. Each offering is standard alone can be subscribed to and implemented. Every offering feature and business process are outlined by Oracle anyone can view and decide to choose the best offering, in below there are two offerings that are strongly trusted by clients, and adopting them, let's take a tour of what are they.

Oracle fusion financials has offering end-to-end solutions to capture financial transactions of the company which includes Accounts Receivables, Accounts Payables, General Ledger, Cash Management, and Fixed Assets.

Oracle Fusion Financials Accounting Hub (FAH) is an integrated reporting tool to bring data from Oracle EBS, People Soft, and other ERP Products, FAH is used to generate Profile & Loss and Trial Balance Reports.

Oracle Fusion Financials Accounting Hub (FAH) can be purchased as a standard alone offering. This can be implemented and integrated with other ERP products with pre-defined integrated plugins to pull the data from source ERPs’ to FAH, FAH reporting tool can be installed from desktop and drag and drop the chart of account segment to build/generate financial reports and statements.

Tech Leads IT is offering services on both Oracle fusion financials training in Hyderabad, Bangalore, Chennai, Pune, Bombay branches. As part of the Oracle Fusion financials course syllabus, we cover the fusion accounting hub by showing a few sample reports from building/generating from the scratch. The strategic intent of Tech Leads IT is to provide knowledge to consultants on both theses offering which are critical for financials implementation projects.

Clients can alone implement oracle fusion financials without implementing supply chain and manufacturing, client can also prefer hybrid implementation approaches like using supply chain in Oracle EBS and Fusion Financials in Oracle Fusion, Oracle supports the hybrid model and predefined integrations between all Oracle ERP Products. Clients can also implement Fusion Applications in some parts of regions and other parts of the regions according to their revenue and usage. Most customers prefer to use fusion applications in small revenue generation regions to capture transactions in the system. There are customers in Oracle EBS and slowly migrating to fusion applications to save cost and manpower. Every client always looking for the most desired and fruitful features for improving the business and reducing minimum transaction time in day-to-day life.


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About Nasar Mohammed Senior     Senior Digital Marketing Associate

270 connections, 7 recommendations, 712 honor points.
Joined APSense since, November 18th, 2015, From Hyderabad, India.

Created on Mar 20th 2022 11:10. Viewed 184 times.

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