Why Oracle Fusion is trending in the market?
by Nasar Mohammed Senior Digital Marketing AssociateOracle 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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Created on Mar 20th 2022 11:10. Viewed 185 times.