EBS

Oracle E-Business Suite

Oracle E-Business Suite is one of Oracle Corp.'s major product lines. Also
known as Oracle EBS, it is an integrated set of business applications for
automating customer relationship management (CRM), enterprise resource
planning (ERP) and supply chain management(SCM) processes within
organizations.

The Oracle E-Business Suite applications run on top of the vendor's

flagship Oracle Database software. First released in 2001, E-Business
Suite was Oracle's first full bundle of ERP and CRM applications; it remains
the most widely used line of business applications in the company's
product portfolio, despite subsequent acquisitions of various other
application vendors and technologies, including JD Edwards, PeopleSoft
and Siebel.

Like rival offerings from vendors such as SAP and Microsoft, Oracle E-
Business Suite was designed to help users manage global businesses,
improve decision making, reduce costs and increase corporate
performance. E-Business Suite contains application modules that support
different aspects of CRM, ERP and SCM operations, including customer
service management, financial management, human capital management,
project portfolio management, procurement, and value chain planning and
execution. Oracle also has pre-integrated its business intelligence
applications with E-Business Suite to provide EBS users with BI and
analytics capabilities.

In 2011, Oracle released a new suite called Oracle Fusion Applications,

which was designed to provide a common upgrade path for users of Oracle
E-Business Suite and the company's other business applications. As part
of an Oracle Applications Unlimited strategy, though, Oracle said the E-
Business Suite applications and its other product lines will continue to be
updated despite the development of the Fusion software.

ERP
Enterprise Resource Planning
ERP integrates all business processes like finance, HR,
manufacturing, supply chain, services, procurement, and others
into a single system.
ERP provide visibility, analytics, and efficiency across every
aspect of a business. Using the latest technologies, ERP systems
facilitate the flow of real-time information across departments, so
businesses can make data-driven decisions and manage
performance – live.
ERP systems perform financial and business planning functions,
which might formerly have been carried out by many smaller
standalone applications.
ERP work on 2 thing:
1. It store all the information across company’s department in
1 place, thus connecting all the data automatically. (ex.
employee timekeeper to payroll to finance to accounting)
2. With all the data connected, it helps faster decision making
since you can see all the information you want in the same
place. You can even make automatic decision that affect
several team/department with some set of program.
Components of an ERP Solution:
ERP software integrates many business applications and
activities which enables the system to cater to most of the
processes and department if not all.
The vital functional modules of ERP software:
Accounting and Finance
 General Ledger
 Accounts Payable
 Accounts Receivable
 General Journals
 Trial Balance and Financial Reporting
 Bank Reconciliation
 Cash Management and Forecasting
 Budgeting
Manufacturing and Distribution
 Purchasing, Tracking & Sales Shipments of Inventory
Items
 Track by Lot and Serial numbers
 Track Quality Tests
 Warehouse Management functions
 Conversion Tracking
 Tracking Labor, Overhead and Other manufacturing costs
 Provide the total cost of production
Sales
 Sales order creation
 Sales order processing
 Purchase order processing
 Online sales
Service Management
 Track and monitor post-sales service to products in the
field
 Warranties
 Service Contracts
 Product Lifetime Costing has become standard
functionality in current ERP solutions.
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