Oracle SCM - With Oracle SCM, companies can build and operate world class value-chains for profitable growth. The Oracle E-Business Suite Supply Chain Management (R12) family of applications integrates and automates all key supply chain processes, from design, planning and procurement to manufacturing and fulfillment, providing a complete solution set to enable companies to power information-driven value chains. Companies can anticipate market requirements and risks, adapt and innovate to respond to volatile market conditions, and align operations across global networks. A unified data model provides a single, accurate view of your entire supply chain. Companies can implement lean, demand driven principles and manage their increasingly complex, global supply chains. And when Oracle Supply Chain Management runs on Oracle technology, you speed implementation, optimize performance, streamline support–and maximize ROI.
Oracle Financials - Oracle Financials consists of mainly five modules that are Accounts Payables, Accounts Receivables, Fixed Assets, General Ledger and Cash Management. These five modules are stand alone applications cater to the specific requirements and together they called as Oracle financials. Likewise each area such as Manufacturing, Supply Chain Management, Projects, and Human Resources etc consists of various standalone modules and all put together called as Oracle E - Business Suite. In Oracle environment eachapplication are called as modules.
An Organization at the outset has to deal with external entities / parties like Suppliers (Vendors), Customers, Banks.
Accounts Payables module used to manage our Suppliers and what we purchased from them, how much we paid them, whether we paid in time to avail the discount and what is the payment method we are using etc.
Accounts Receivables used to manage our Customers, sales to them, are they paid; follow up to receive the payment from them, what is the credit limit etc.
Oracle Fixed Assets used to manage the Assets of the company, like cost of the assets, location and user of the assets, what is the depreciation expenses for individual assets, life and depreciation methods used, accumulated depreciations etc.
Cash Management module used to reconcile with the bank statement at the end of the month and also tells you the status of the bank accounts and whether it syncs with our books of accounts are not, besides it helps to plan and monitor the cash flow and funds flow.
General Ledger and most important module used to maintain the accounting of the company. We can call it as a central repository of all accounting information of the organization. At the end of the day all business transaction are translated into debits & credits and flowing into General Ledger and accounted. General Ledger module is capable enough to Classify, summaries, allocate to concern accounts in order to report as required by statutory authorities, management and share holders.
Accounting is nothing but quantitative measurement of business events that are taking place. How much purchased, sales made, expenses incurred, profit you have made and how much assets and liabilities you have at point in time or in a period . All the accounting information flows into GL in the form of JE from other modules, imported and posted into respective accounts. All the financial reports are run out of GL moduleand show the financial position and health of the company.
The strength of E-Business Suite is modules talk each other and information flows from one module to other, besides shared entities like Suppliers, Customers, Banks Accounts, Employees, Items are used by all the modules wherever needed but defined only once, which prevents the redundancy, that is where the strength comes.
An Organization at the outset has to deal with external entities / parties like Suppliers (Vendors), Customers, Banks.
Accounts Payables module used to manage our Suppliers and what we purchased from them, how much we paid them, whether we paid in time to avail the discount and what is the payment method we are using etc.
Accounts Receivables used to manage our Customers, sales to them, are they paid; follow up to receive the payment from them, what is the credit limit etc.
Oracle Fixed Assets used to manage the Assets of the company, like cost of the assets, location and user of the assets, what is the depreciation expenses for individual assets, life and depreciation methods used, accumulated depreciations etc.
Cash Management module used to reconcile with the bank statement at the end of the month and also tells you the status of the bank accounts and whether it syncs with our books of accounts are not, besides it helps to plan and monitor the cash flow and funds flow.
General Ledger and most important module used to maintain the accounting of the company. We can call it as a central repository of all accounting information of the organization. At the end of the day all business transaction are translated into debits & credits and flowing into General Ledger and accounted. General Ledger module is capable enough to Classify, summaries, allocate to concern accounts in order to report as required by statutory authorities, management and share holders.
Accounting is nothing but quantitative measurement of business events that are taking place. How much purchased, sales made, expenses incurred, profit you have made and how much assets and liabilities you have at point in time or in a period . All the accounting information flows into GL in the form of JE from other modules, imported and posted into respective accounts. All the financial reports are run out of GL moduleand show the financial position and health of the company.
The strength of E-Business Suite is modules talk each other and information flows from one module to other, besides shared entities like Suppliers, Customers, Banks Accounts, Employees, Items are used by all the modules wherever needed but defined only once, which prevents the redundancy, that is where the strength comes.
Oracle HRMS - ach and every enterprise needs people to manage and run its business. People are the most basic and the most important ingredient of any business. It could be an NGO, a Bank or a Robotics laboratory, no matter where the enterprise focuses on, it must need people to run it. That is why it becomes necessary for the enterprise to store organizational data along with employee data, and use them to manage the people related to the enterprise effectively. This requirement creates the market for a system called the Human Resource Management System.Oracle E-Biz provides a very effective and scalable way to manage the Human Resource of an enterprise. It is called Oracle human Resource Management System (a.k.a Oracle HRMS / Oracle HCM). Oracle HRMS as a whole is a combination of few Sub Modules. Each sub module supports one particular type of application / practice. The most popular modules in Oracle HRMS are:
Oracle Human Resources: Also known as Core HR. This module helps managing enterprise structures, and Organizational hierarchy, position hierarchy, supervisor hierarchy etc. This module is the backbone of all the other sub modules in HRMS, also holds true for any other module in E-Biz.
Oracle Payroll: Also known as Payroll. This one helps managing employee payroll related details; whom all to pay, how much to pay, how to pay, when to pay, etc can be managed through this module.
Oracle Advanced Benefits: Also known as OAB/ Benefits. This module accounts for any non-monetary privileges provided by the enterprise for the employee. Life Insurance, Medical claims, enrolments etc are managed through this module.
Oracle Time and Labour: Also known as OTL. This module tracks the time sheet information of the employees. Who worked for how many hours, for which project or order, overtimes etc can be managed through this module.
Oracle Learning Management: Also known as OLM, This module manages the trainings and the competencies of a given enterprise. With this one can manage employee training needs, hiring external trainers, setting up classes etc.
Oracle iRecruitment: Also known as iRec. This module is used for recruitment processes. Managing applicants, vacancies, releasing offers etc are managed through this.
Compensation Workbench: Also known as CWB. This module is used to manage and budget the bonus, stock options etc. This empowers the enterprise with the statistical analysis, external comparisons, for better decision making on Compensation.
Oracle Performance Management: Also known as Oracle Talent Management/ performance management / PMS (Performance Management System). This one deals with the appraisals, competencies, proficiencies etc. This helps us to manage the appraisal cycles as a whole.
Oracle Daily Business Intelligence for Human Resources: Also known as DBI, a very powerful reporting tool for the HR and line managers. This is capable of summarizing the employee related details, for better decision making.
Oracle Self Service HR: Also known as SSHR. Quite effectively used as an interface to all other modules in HRMS, this module is like the face of HRMS. For an example, if an employee were to go in and submit his time sheet, or check his pay check or ask for training, this module gives him the interface. This is a web based interface that can be configured and be available to the employees for their usage.
Oracle Human Resources: Also known as Core HR. This module helps managing enterprise structures, and Organizational hierarchy, position hierarchy, supervisor hierarchy etc. This module is the backbone of all the other sub modules in HRMS, also holds true for any other module in E-Biz.
Oracle Payroll: Also known as Payroll. This one helps managing employee payroll related details; whom all to pay, how much to pay, how to pay, when to pay, etc can be managed through this module.
Oracle Advanced Benefits: Also known as OAB/ Benefits. This module accounts for any non-monetary privileges provided by the enterprise for the employee. Life Insurance, Medical claims, enrolments etc are managed through this module.
Oracle Time and Labour: Also known as OTL. This module tracks the time sheet information of the employees. Who worked for how many hours, for which project or order, overtimes etc can be managed through this module.
Oracle Learning Management: Also known as OLM, This module manages the trainings and the competencies of a given enterprise. With this one can manage employee training needs, hiring external trainers, setting up classes etc.
Oracle iRecruitment: Also known as iRec. This module is used for recruitment processes. Managing applicants, vacancies, releasing offers etc are managed through this.
Compensation Workbench: Also known as CWB. This module is used to manage and budget the bonus, stock options etc. This empowers the enterprise with the statistical analysis, external comparisons, for better decision making on Compensation.
Oracle Performance Management: Also known as Oracle Talent Management/ performance management / PMS (Performance Management System). This one deals with the appraisals, competencies, proficiencies etc. This helps us to manage the appraisal cycles as a whole.
Oracle Daily Business Intelligence for Human Resources: Also known as DBI, a very powerful reporting tool for the HR and line managers. This is capable of summarizing the employee related details, for better decision making.
Oracle Self Service HR: Also known as SSHR. Quite effectively used as an interface to all other modules in HRMS, this module is like the face of HRMS. For an example, if an employee were to go in and submit his time sheet, or check his pay check or ask for training, this module gives him the interface. This is a web based interface that can be configured and be available to the employees for their usage.