Oracle EBS Training (EBS) version 12 is an internet-enabled product that can be managed from a single site. Version 12 is current as of 2018.
A company can operate a single data center with a single database, similar to other ERP products. The suite was launched in February 2007 and contains a number of product lines that users can implement into their own businesses. Oracle EBS traning includes the company’s enterprise resource planning (ERP) product as well as supply chain management (SCM) and customer relationship management (CRM) applications. Each application is licensed separately so companies can select the combination that is suitable for their business processes. Oracle EBS training is a powerful business application suite that delivers high performance process improvements and automation for enterprises today.
It is a comprehensive suite of integrated, global business applications that provides the following functions:
- A complete, integrated business intelligence portfolio
- An adaptable global business platform
- A customer-focused applications strategy
Services
The market has evolved a lot and in the same way, even the software has changed drastically. Thanks to their upgrades and version changes. If you look at Oracle ERP suite, it started off with Oracle D2K, Oracle 11i, then Oracle E-Business Suite , and currently Fusion software.
Oracle R12 has a history of improving global decision-making by supporting various types of Reporting/Analysis.
Also, transaction processing happens in Financials, Supply Chain, Projects, PLM, Sales & Marketing, HR, Services.
Advantages of Oracle EBS Training
Oracle E-Business Suite (EBS) is a comprehensive suite of business applications designed to help organizations manage their business processes effectively. Some advantages of Oracle EBS include:
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Integration: Oracle EBS is designed to integrate with other Oracle products, such as Oracle Database and Oracle Fusion Middleware. This enables businesses to have a complete solution for managing their business processes and data.
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Scalability: Oracle EBS is highly scalable and can accommodate the needs of both small and large organizations. It can handle a large number of users, transactions, and data volumes.
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Customization: Oracle EBS can be customized to meet the specific needs of an organization. This makes it easy for businesses to tailor the software to their unique requirements.
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Streamlined processes: Oracle EBS helps streamline business processes, reducing the time and effort required to complete tasks. This can lead to increased productivity and efficiency.
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Reporting: Oracle EBS training includes powerful reporting capabilities, which allow businesses to generate detailed reports on various aspects of their operations. This helps managers make informed decisions and track performance.
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Security: Oracle EBS training has robust security features that help protect against unauthorized access, data breaches, and other security threats.
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Support: Oracle offers comprehensive support for EBS, including updates, patches, and technical support. This ensures that businesses can keep their software up-to-date and running smoothly.
Overall, Oracle EBS provides businesses with a complete solution for managing their operations and data, helping them streamline processes, increase efficiency, and make informed decisions.
Skills required for ORACLE EBS
An Oracle Apps DBA needs skills in business administration and Oracle application server architectures, as well as:
- Database design
- Oracle application server
- Oracle concurrent manager
- Oracle applications performance tuning & monitoring
- Functional expertise for the specific applications used
Oracle EBS Modules
Every business enterprise has its own requirements and needs. A high-tech consulting company is not going to have the same procurement needs as that of a high-tech manufacturing firm. That is why ORACLE EBS Training has a lot of features that are both manual and automated.
Since, no solutions fit all problems, in the same way – no particular product can help you all. There is a practice of mixing and match of software vendors bundled together to provide the most suitable customized product for your organization.
In this regard, it is to be noted that each application is licensed separately so companies can select the combination that is suitable for their business processes.
Oracle EBS Finance modules
Oracle’s EBS Financials Modules include General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Cash Management (CM), and Fixed Assets (FA). There are several sub-modules that are also included like iExpense, FSG (Financial Statement Generator), ADI (Desktop Integrator), Workflow, and Oracle Payments. Our work can range from adding new features and functions to making any Standard Oracle Report open in Excel versus as a Text File.
GENERAL LEDGER
Monument performs both implementation and upgrade services related to these modules. For GL, we have expertise in designing complex international financial footprints of Ledgers, Legal Entities, Multiple Currencies, Multiple Organizations, along with Intercompany and Intracompany transactions. With the new features of R12, complexity can be simplified by using Secondary Ledgers to minimize the number of transactions that are necessary to be entered as reporting can be simplified.
ACCOUNTS PAYABLE
With AP, the ability to integrate Invoice Entry and Payments is easier today. Invoices can be entered through ADI uploads, through the standard API with programming, or interfaced with Purchasing by being Matched to a Purchasing Line Item. By performing this streamlining, it reduces manual keying while eliminating the errors that occur from entering data. We also install and integrate iExpense to minimize rekeying of Expense Reports. With Oracle’s Workflow, a completely online approval matrix with the ability to see both the data entered and the receipts are available.
ACCOUNTS RECEIVABLE
With AR, we integrate Lockbox transactions as well as third party logistic companies transactions.
CASH MANAGEMENT
With Cash Management, we typically integrate it to all your Banks, so that all transactions from your bank are interfaced to Oracle. This can include Lockbox entries, Wires, ACH’s, Swift, cleared checks, and bank fees. By integrating this information from multiple bank accounts with multiple currencies, it is possible to have a daily cash balance available if needed.
FIXED ASSETS
With Fixed Assets, we help with ADI uploads as well as integrate it to AP for newly invoiced assets that need to be moved to FA. By installing the Federal and State Tax Books, an organization can save thousands of dollars annually by producing all the data needed for their Tax Returns with very little setup and maintenance.
Conclusion
Oracle’s ERP product is second only to SAP’s planning software in sales, and its best-of-breed solution can be found in thousands of companies across the world. The applications that are included in the E-Business Suite cover the wide range of business processes that are found in any company. The industry-specific solutions supplied by Oracle can reduce the time and resources required to implement the solution and provide businesses with configured business processes that will improve overall effectiveness.
About ORACLE EBS training course:
ORACLE EBS Training is the most comprehensive suite of integrated global business applications that provides the most adaptable global business platform. Learn E-Business Suite to become an expert in set-up options and considerations. Gain a deep understanding of the concepts and fundamentals, transactions and processes involved. Oracle E-Business Suite is the Enterprise Resource Package ERP package. The complete package of Technical and functional knowledge of Oracle Apps 12X.
eLearning Solutions provide ORACLE courses and training. To know more about courses click below.
- ORACLE PL: SQL Training Program
- ORACLE APPS R12 SCM: SCM stands for Supply Chain Management.
- ORACLE APPS R12 Technical : Technical course and module overview.
- ORACLE APPS R12 HRMS: HRMS stands for Human Resource Management System.
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