The Oracle Corporation is one of the largest Enterprise Solutions company. ERP from Oracle is based on Oracle Apps Framework which ensures the customers that all suites offered by Oracle have the same look. Oracle ERP has the advantages of the Oracle database on which it is based. Oracle provides various applications which are integrated together and the modules offers ERP, CRM and SCM.
Some of the modules are Procurement, Inventory, Human Resource Management, Finance, etc. Oracle is a big name in the ERP software industry with many customers across the globe. It acquired PeopleSoft and JD Edwards and released up to date versions of ERP solutions. Oracle E business suite is an integration of specialized applications tied together to form one big application. One feature of ERP form Oracle is that it is easy to use due to its interaction with legacy systems.
The communication and integration between the various applications offer easier implementation and flexibility. These applications possess the functionality to serve specific solutions to the company. The E Business Suite has been adopted by many industries in sectors such as manufacturing, financials, healthcare and technology. It offers automation of services like sales, marketing, supply, human resources, financials, etc. ERP from Oracle enables quick decision making.
After acquiring JD Edwards, Oracle Fusion middleware was formed which enabled the ERP to communicate with the third party applications. Siebel offers e business solution and automates the sales and marketing processes. Siebel aids in resolving customer problems efficiently and helps in quick sales. PeopleSoft merger has proved to be beneficial. It can provide altered solutions and many vendors. PeopleSoft offers internet based solutions.
Oracle is reliable and has a low implementation time as compared to others. As compared to SAP, its cost is lower and has a high customer satisfaction rate. But the disadvantage is that it is preferred by large organizations and not small or medium sized organizations. Also the satisfaction level for E Business Suite, PeopleSoft and JD Edwards is not that high.
Oracle’s main competition is ERP software giant SAP and the others are QAD, Microsoft Dynamics, Infor, etc. Oracle Corporation provides ERP software for large organizations to facilitate their businesses. Oracle ERP can benefit the business in many ways and assist the business on a global basis. It works to get the concepts of performance based management and the intelligence together.
The day to day operations, strategic operations and financial processes are combined together in the Oracle ERP software. It allows the integrated reports to manage the value of the shareholders and the shareholder's profitability. The company can manage the working capital effectively and control the financial risk.
Clients, products and services providing the company with maximum profits can be identified and certain strategies can be accordingly formed. ERP from Oracle also assists in monitoring the different operation centers and warehouses across the globe. With Oracle ERP, the company can determine its performance levels and profits easily. Thus ERP from Oracle assists in resource planning for the entire enterprise.
Login to add comments on this post.