Introduction to Oracle E-Business Suite
Managing a business in this age of digitization and globalization is tougher than ever before. With complex processes and great volumes of digital data being generated, efficient management of all your key processes and meeting market demands are your greatest challenges. Moreover, you are also required to keep your TCO at a minimum. This is very hard to achieve. In the past however, several businesses tried to cope with this challenge by designing their own in-house software solutions that catered to their specific needs, and by buying predesigned packages for fundamental processes like finance, accounts etc. which are based on common principles. This is not only expensive, but it is also difficult to maintain these multiple software packages.
To overcome these challenges, industry leaders have come up with integrated solutions that cater to all the needs of your business. One such is the Oracle E-Business Suite (EBS), which allows you to manage all key business processes on an integrated platform. Oracle’s E-Business Suite is the most comprehensive suite of business applications for your enterprise. Its global business applications provide a complete business intelligence portfolio, and come with the most adaptable, customer-focused strategy.
By adopting Oracle’s E-Business Suite, you can enjoy a number of benefits. It comes with advanced features that can help in more efficient management of your enterprise. With specific applications for each or your processes, Oracle E-Business Suite helps you overcome all challenges in business management:
• Asset Lifecycle Management applications, including procurement, financials, maintenance, manufacturing etc. help improve reliability and utilization of your assets thus improving productivity and performance
• Customer Relationship Management (CRM) applications, such as order management, channel revenue management, marketing, and sales management enable you to improve customer relations thus adding value to your business
• Enterprise Resource Planning (ERP) applications, including finance management and human capital management help you plan resources efficiently thereby optimizing their use, and minimizing TCO
These key features and many other capabilities of Oracle E-Business Suite make it the ideal solution for your business to achieve improved performance and increased productivity. Also, the latest release, Oracle EBS R12 is a more sophisticated version which comes with advanced applications that can add great value to your enterprise. If you are thinking of adopting Oracle EBS, then it’s a good idea to go in for the latest release. If you are already using the earlier version, then you can upgrade to Oracle EBS R12. Although there may be a few obstacles in the process of doing so, you can overcome these obstacles quite easily by resorting to the services of an Oracle expert.
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