By Steve Derivan
Businesses of various shapes and sizes across the globe continue to invest in and expand the footprint of their ERP applications. Much of this increased spend includes mission critical projects such as
1) Upgrades
2) Deploying new applications and
3) Migrating new businesses, acquired companies, countries and/or re-engineered processes into an existing “corporate” ERP.
So how do these companies begin the process? What are the key considerations in play to complete these daunting tasks within an Oracle ERP environment?
Oracle E-Business Suite Applications Releases 11i and R12, and Oracle Fusion Applications – the significant majority of existing Oracle ERP customers use these 3 applications suites.
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by Robert D. Anderson, CPA
On January 18th, I presented a webinar featuring a case study of a firm that is successfully using Oracle E-Business Suite Projects, Oracle Order Management and Oracle Receivables, and I showed how they manage their revenue. This customer leverages R12.1.3 revenue management functionality for GAAP revenue recognition and uses EBS Projects with a different revenue recognition basis. In this webinar I also showed how creative approaches to integrating Orders and Projects are possible with minimal development, that robust solutions support long term business needs while also providing flexibility for growth, and that simple approaches lead to the best long term solutions.
Sound interesting? You can view the webinar here
Your firm made a large investment in Oracle Applications because management knows that using Oracle E-Business Suite Projects will help increase profitability and ensure that project objectives are met. But your project managers and administrators already have full time jobs, and they frequently remind IT and Line of Business Managers that they don’t have extra time to learn new software or hours every day to use project management programs. End-user adoption or acceptance of new software is often the biggest hurdle to bringing in new programs, no matter how great the functionality is.
But the fact remains: your firm needs to meet its business goals and has bought or is considering buying Oracle EBS Applications because of the improved business performance that results from a successful implementation.
So how can YOU help your firm maximize the return on its software investment?
Here’s a great start: You can have your project managers and administrators trained on Oracle EBS Projects in 82% less time and spending 40% less time on a daily basis, using a familiar Microsoft® Excel front-end, ensuring rapid end-user adoption, and putting your company on the fast track to the many benefits provided by Oracle.
View this webinar and see how our User Interface Applications free up your firm’s employees to make more strategic contributions and achieve business objectives.
By Ravi Shankar, PgMP
This is Part 2 of a 2 part blog series on Program Reporting in Oracle E-Business Suite Project Management (PJT). These blog articles and our May 4th Webinar will help you understand how to use Program Reporting in your organization.
Program Roll-up Metrics
The following metrics roll up at the Program level:
By Ravi Shankar, PgMP
The Oracle E-Business Suite Project Management (PJT) application offers a key feature that is not yet widely used, but delivers valuable functionality: Program Reporting. This 2 part blog article and our May 4th Webinar will help you understand how to use Program Reporting in your organization.
Program Level reporting, as distinct from managing the Program itself, is the process wherein related Projects are linked to the Program Project. While the Program itself is a Project, and hence could have its own activities for costs, budgets revenue, etc, it could also be the recipient of rolled up data of related Child Projects, whose financial, Workplan and Progress information are visible in the Performance Management Tab of the Program.
For the Program level roll up reporting, we link the individual child projects to the lowest WBS of the program project. A linked child Project could by itself be also a Program i.e. could have roll up of Projects to itself. Read the rest of this entry »
By Kimberly McDonald Baker
Project Partners is pleased to announce that we will be presenting six papers at the Collaborate 11 conference in Orlando, Florida in April. While at the conference, be sure to visit us in Booth 953 in the Exhibit Hall, and enter to win a Kindle. Read the rest of this entry »
By Ravi Shankar, PgMP, PMP, PMI-RMP and PMI-SP
Oracle E-Business Suite (EBS) Projects Applications Release 12 provides rich functionality to support multi currency processing capabilities in the areas of accruing revenue and generating invoices. Revenue is always processed in the project functional currency, as distinct from the project currency and project funding currency. Revenue amounts derived in the billing transaction currency (invoice processing currency) are converted to project functional, funding and project currency during the revenue generation process. The Release 12 EBS system tracks and posts the revenue, unbilled receivables and unearned revenue in both the functional and billing transaction currency to the general ledger, thereby giving full visibility, both at the project level and in the general ledger, of the details of revenue in the different currency options. Read the rest of this entry »
By Ravi Shankar, PgMP, PMP, PMI-RMP and PMI-SP
Oracle E-Business Tax delivers comprehensive functionalities that address the unique requirements of tax calculations, processing, accounting and reporting requirements in the different feeder applications. No longer are tax features defined and configured in the respective modules and applications such as Oracle E-Business Suite Payables, Oracle Receivables, and Oracle Projects. The Oracle E-Business Tax module provides for a central repository to define and hold the tax contents and records for the requirements of the modular applications. Tax services are provided to the needs of e business suite through a two way effective interchange of transaction and tax data between the applications and the robust tax engine that resides in Oracle E-Business Tax. Read the rest of this entry »
By Ravi Shankar, PgMP, PMP, PMI-RMP and PMI-SP
Oracle Report Manager is an online report distribution system that provides a secure and centralized location to produce and manage point-in-time reports. Report producers submit, publish, and set security for reports. Report consumers view and approve reports. Reports can be published and presented to certain responsibilities without additional security or a variety of security models can be applied, allowing only authorized users to view entire reports or parts of reports. In addition, we can use specific templates to integrate reports displayed by Report Manager using the organization’s individual style. Read the rest of this entry »
By Ravi Shankar, PgMP, PMP, PMI-RMP and PMI-SP
Oracle Advanced Global Intercompany System (AGIS) is a powerful application designed to handle the complex Intercompany accounting and processing requirements of global corporations. It has been designed and built using the OA Framework that is easy to use, and yet very sophisticated and rich in feature sets. It leverages the core building blocks of R 12 architecture in the areas of Legal Entity, Trading Community Architecture, Sub Ledger Accounting for Transaction Account Definition, workflow integration for processing and Approvals Management Application(AME) for transaction approval. The greatest benefit of the application is its ease of use for multiple companies belonging to different legal entities and Primary Ledger(s) across the globe that shares the same Oracle Application instance. Read the rest of this entry »
