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business impact of Oracle Financial modules [message #612119] Sat, 12 April 2014 08:09 Go to next message
alikhan336
Messages: 2
Registered: April 2014
Junior Member
Can anyone elaborate about the business impact if we are going to implemented Financial modules in any reputed Industry where Purchasing and inventory already implemented. what sort of crises and problem need to be face during financial implementation?

kindly guide me in this regard

thanks


[EDITED by LF: fixed topic title typo; was "Oralce"]

[Updated on: Sat, 12 April 2014 12:52] by Moderator

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Re: business impact of Oralce Financial modules [message #612124 is a reply to message #612119] Sat, 12 April 2014 08:31 Go to previous messageGo to next message
John Watson
Messages: 4383
Registered: January 2010
Location: Global Village
Senior Member
If your EBS financials implementation is not going to be a disaster, you need the best EBS functional consultants you can find. They need to be chartered accountants and business process re-engineering experts, not just guys who happen to know EBS. You also need a brilliant DBA: not just a guy who can administer databases, he needs to do a lot more than that.
Three guidelines:
First, if your chosen EBS implementation consultants claim that they can also work with other products (SAP, Peoplesoft....) throw them out. All these products are huge. No-one knows more than one.
Second, if your consultants ever say the words "this needs customization", throw them out. EBS is infinitely configurable. Anyone who says it needs to customized, doesn't know how to configure it.
Third, it will take time. If your consultants claim they can do it in less than six months, throw them out. Eighteen months might not be unreasonable if it is a complicated implementation.
Re: business impact of Oralce Financial modules [message #612125 is a reply to message #612124] Sat, 12 April 2014 08:53 Go to previous messageGo to next message
alikhan336
Messages: 2
Registered: April 2014
Junior Member
Dear John,
Thank for prompt response, can you state me the business related to financial accounting point of view and it may be defected during AP, FA and GL setup?
Re: business impact of Oralce Financial modules [message #612126 is a reply to message #612125] Sat, 12 April 2014 09:32 Go to previous message
John Watson
Messages: 4383
Registered: January 2010
Location: Global Village
Senior Member
Er, no - I can't. Not here. Talk to your implementation consultants. It is rather worrying that they have not already gone through this with you. You will need to budget a few weeks for this.
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