Why Oracle Fusion is trending in the market
it is because of best business processes introduced from different flavours of
ERP’s and most importantly it is cloud product and subscription model based.
currently Oracle is offering many applications for the clients to implement and
use. Each offering is standard alone can be subscribed and implemented. Every
offering features and business processes are outlined by Oracle any one can view
and decide to choose the best offering, in below there are two offerings which
is strongly trusted by clients and adopting them, lets
take a tour 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
Trail 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 Oracle Fusion financials course syllabus,
we cover fusion accounting hub by showing few sample reports from
building/generating from the scratch. 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 with out implementing supply chain and manufacturing, client can
also prefer with hybrid implementation approach like using supply chain in Oracle
EBS and Fusion Financials in Oracle Fusion, Oracle supports hybrid model and
predefined integrations between all Oracle ERP Products. Clients can also
implement Fusion Applications in some part of regions and in other parts of the
regions according their revenue and usage. Most the customers prefer to use
fusion applications in small revenue generation regions to capture transactions
in the system. There are customers in Oracle EBS and slowing migrating to
fusion application 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.
Why Oracle Fusion is trending in the market
it is because of best business processes introduced from different flavours of
ERP’s and most importantly it is cloud product and subscription model based.