Oracle ERP Finalized
Oracle ERP Finalized
by
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Oracle is clearly beating their rival these days. Oracle is 2X this size of SAP
Measure by either market Cap or Revenue an is growing faster
SAP:
Market Cap: 55 B
Revenue : 14.49 B
Revenue Growth: 12.30%
Profit Margin 18%
Total Cash: 5.45 B
Total Debts: 2.59 B
ORACLE:
Market Cap: 121 B
Revenue : 26.82 B
Revenue Growth: 32.50%
Profit Margin 22.8%
Total Cash: 18.47 B
Total Debts: 14.66 B
1) Strong vertical integration - Oracle owns the
technology stack from Hardware to Database to
Applications. This enables the company to offer more
aggressive pricing to win wallet share and thus market
share with customers. There is a chance that customers
can grow concerned about concentration but switching
costs are very high.
Benefits
Configuration of application to support your accounting.
Configuration of application to capture additional data.
Construction Intelligent key.
◦ Multiple structures
◦ Resources available
◦ Qualifiers required
◦ Dynamic inserts
◦ Cross validation
◦ Shorthand aliases
◦ Value checking
◦ Value security
◦ Save after freezing to automatically compile the flexfield
definition.
◦ Freeze and compile after making any changes to the
definition. Changes take place immediately.
◦ You can see your changes immediately. Other users
must exit the system or change responsibilities before
they can see the effected changes.
◦ Save after freezing to automatically compile the flexfield
definition.
◦ Freeze and compile after making any changes to the
definition. Changes take place immediately.
◦ You can see your changes immediately. Other users
must exit the system or change responsibilities before
they can see the effected changes.
◦ Multi-Org is a server-side (applications and database)
enhancement that enables single installation of Oracle
Applications.
◦ Multi-Org keeps transaction data and some setup data
separate and secure by different lines of business.
The Multi-Org enhancement provides features that enable
you to:
◦ Support multiple business units even if they use different
ledgers
◦ Secure access to data on a single instance by line of
business
◦ Define different organizational models
◦ Sell and ship from different legal entities
◦ Procure and receive from different legal entities
◦ Produce reports across entities or within a single entity
An accounting setup is based on several factors,
such as:
◦ legal environment
◦ number of legal entities maintained in the same primary
ledger
◦ business needs
◦ transaction processing needs
GL Setup Currencies Define
GL Setup Financial Calendar Types
GL Setup Financial Calendar Accounting
GL Setup Financial Fliexfield Key
Segment
GL Setup Financial Flexfield Validation
Sets
GL Setup Financial Accounting Setup
Manager Accounting Setup
GL Setup Open/Close
GL Setup Financial Sequence Document
Define
GL Setup Financial Sequence Document
Assign
Types of Invoices:
Standard
Prepayment
Debit/Credit Memo
Mixed
Expense Report
Retainage
Withholdingtax