Oracle Applications - Basic Information

Oracle E-Business Suite is a collection of enterprise resourcing planning (ERP) , customer relationship management (CRM), and supply-chain management (SCM) modules that is complete and comprehensively integrated. This global business application (modules) enables organizations to make better decisions, reduce costs, and increase performance. The applications uses Oracle’s core Relational Database Management System (RDMS) technology. Oracle E-Business Suite comprises of numerous modules/product lines frequently called by short acronyms.

Organisations can employ Oracle E-Business Suite for the following;

Oracle Financial Applications
Oracle E-Business Suite includes a set of financial modules used globally by organisations. These modules are grouped to form a complete integrated end to end business processes. I.e. Oracle Financials comprises of the common modules used for transactional, financial and reporting purposes with an organisation. These modules include;

Procurement Modules

Project Portfolio Management Modules

Maintenance Management

Service

Operations and Logistics

All the above mentioned financial modules can form one or more business processes.

Procure-To-Pay (P2P)
Business process includes activities such as sourcing for suppliers, procuring goods from suppliers, paying suppliers and accounting for the transactions.

Order-To-Cash (O2C)
Process includes activities like, creating customers’ orders in the system, fulfilling the orders, receiving payments for the goods and accounting for the transactions            

Record-To-Report (R2R)
This process involves collecting, transforming, and delivering relevant, timely and accurate information.