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.