Oracle EBS - ERP Solutions for SMBs

What is Oracle E-Business Suite (EBS)? Oracle E-Business Suite (EBS) is used to efficiently track transactions within an organization. Tracking and documentation help companies make smarter decisions. Oracle EBS is the second largest enterprise resource planning (ERP) product in the world, and SAP is its fiercest competitor. Oracle EBS consists of over 200 modules or business applications. Modules are divided or grouped into families or suites. Some of the most popular suites include Oracle Financials, Oracle Manufacturing, Oracle Human Resources and Oracle Supply Chain. Each of these four suites will be discussed in brief to inform business owners of the flexibility small and medium businesses have with Oracle E-Business Suite.

Oracle Financials Oracle Financials applications ensure the company remains financially secure. Common applications found in this suite include: Cash Management, Payables, Receivables, Fixed Assets, Property Management, General Ledger and Treasury. These applications help corporations with risk management and also increase profitability. Business valuation is easier with Oracle’s Financials suite. Companies that employ Oracle Financials reduce unnecessary business losses by keeping track of all business transactions and implementing safeguards.

Oracle Manufacturing (Discrete and Process) Oracle’s Manufacturing suite manages all aspects of the manufacturing process including: quality control, engineering, work orders, bill of materials, scheduling, product life cycle management and manufacturing flow. The warehouse management system coordinates and tracks the movement of goods through the entire process. Through monitoring, business processes become more efficient, and employees become more productive. The advantages of this system includes the acceleration of product flow, reduced lead times and real-time inventory management. Release of working capital is also another benefit of this system.

Oracle Supply Chain Supply chain applications allow business owners to predict market requirements. In volatile market conditions, predictive tools are important to prevent financial losses that may lead to a company’s demise. Operations are aligned with company goals across global networks. Product development, supply management, demand management, transportation management and sales and operations management are all a part of Oracle’s information-driven supply chain solutions.

Oracle Human Resources Management System (HRMS) HRMS applications help businesses manage every stage of the employee life-cycle from recruitment to retirement. Users can view all HR activities in real-time and make informed decisions based upon the information. Time management, compensation, training, benefits and payroll are all included in this suite of applications. Since the HRMS is fully integrable with other EBS applications, users can extract data and manipulate it with ease.

Why Oracle’s E-Business Suite? Improves the Quality and Efficiency of a Business - The company’s internal business processes will run smoothly with Oracle EBS. With better information and processes, businesses can yield better outcomes. Upper Level Management Support - Oracle EBS helps upper management with critical decision making skills by providing real-time information. Managerial decisions are easier with Oracle Applications. Improves Business Flexibilities - Businesses that adapt to changes quickly are more apt to survive in today’s business world. Oracle EBS helps to create a company that is agile with cohesive business units that can work together.

A Viable Solution for Small to Midsize Businesses (SMB) The solution makes companies more efficient and productive. Businesses around the world have invested in an Oracle solution and have realized the benefits of the solution first-hand. The businesses that have benefited from an Oracle solution are in almost every major industry. Each solution, provided by Oracle, is industry-specific and customized to the company’s unique business situation. Oracle’s solutions are designed to reduce time and resources required for adequate implementation. Businesses can benefit from its solutions. Companies should consider how Oracle’s EBS can help to improve productivity and efficiency.

Oracle EBS Consultancy Genesis Solutions Group 4S (GSG 4S) is a consultancy company located in Toronto, Ontario Canada that specializes in systems integration. Their focus is to assist small to midsize enterprises (SME) with services and solutions in Oracle E-Business Suite (EBS). Whether you are looking for an implementation or a full/partial Oracle R12 Upgrade let their team of professional and knowledgeable Oracle EBS consultants guide your business in the right direction. Learn what makes GSG4S different from its competitors by visiting their website.