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Understanding Fusion MiddleWare ( FMW) products: What Everyone Needs to Know

Posted on March 30th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Oracle Fusion Middleware is a comprehensive family of products ranging from application development tools and integration solutions to identity management, collaboration, and business intelligence reporting.This post will help you to understand various Oracle family products which is part of Oracle FMW.

The components of Fusion MiddleWare(FMW) have been grouped into the following categories.

  1. Application Grid or Application Server
  2. SOA Integration and Process Management
  3. Content Management
  4. Business Intelligence & Enterprise Performance Management
  5. Development Tools
  6. Identity Management
  7. User Interaction or Communications Platform
  8. Enterprises Systems Management

Fusion Components

Fig: Fusion Middleware Components (Oracle Products) refer to number and details below

  1. APPLICATION GRID OR ENTERPRISE APPLICATION SERVER : The "Application Grid" is the name Oracle applies to combining several Oracle technologies like:
    • Oracle Weblogic Server - Oracle WebLogic is a JavaEE platform that has a WebLogic Portal, a WebLogic Application Server and other components. It used to be known as BEA WebLogic until BEA was acquired by Oracle.
    • Oracle Application Server - The Application Server consists of Oracle HTTP Server (based on Apache HTTP Server) and OC4J (OracleAS Containers for J2EE) which deploys J2EE-based applications. The latest[update] version of OC4J offers full compatibility with the J2EE 1.4 specifications.
    • JRockit - a JVM ( Java Virtual Machine) originally part of BEA's portfolio, before that company was acquired by Oracle.Oracle TopLink delivers a proven standards based enterprise Java solution for all of your relational and XML persistence needs based on high performance and scalability, developer productivity, and flexibility in architecture and design .

    • Oracle Coherence - Oracle Coherence is an Oracle in-memory data grid solution, enabling organizations to predictably scale mission-critical applications by providing fast and reliable access to frequently used data. As a shared infrastructure, Oracle Coherence enables real-time data analysis, in-memory grid computations, parallel transaction and event processing, and application grid computing.
  2. SOA INTEGRATION- AND PROCESS-MANAGEMENT
    • BPEL Process Manager - Oracle BPEL Process Manager enables enterprises to integrate disparate applications and Web services into business processes using SOA (Service-oriented Architecture)
    • Oracle SOA Suite - Oracle SOA Suite is a complete set of service infrastructure components for building, deploying, and managing SOAs. Oracle SOA Suite enables services to be created, managed, and orchestrated into composite applications and business processes.
    • Business Process Management - Business process management is a management approach focused on aligning all aspects of an organization with the requirements of the units of that organization. It combines workflow and process technology with enterprise application integration functionality.
    • Oracle Data Integrator (ODI) - Oracle Data Integrator is a comprehensive data integration platform that covers all data integration requirements: from high-volume, high-performance batch loadss, to event-driven, trickle-feed integration processes, to SOA-enabled data services .
    • Oracle Enterprise Messaging Service :The Oracle Enterprise Messaging Service provides a robust architecture for
      integrating business-critical applications.
    • Oracle Enterprise Service Bus : An ESB is an architecture that exploits Web services, messaging middleware, intelligent routing, and transformation. It must support request/response communication between loosely coupled SOA business components and one-way message delivery for sending notifications to event-driven business components. It must also allow more-complex message exchange patterns (MEPs).
    • Oracle Application Server B2B :Oracle Application Server Integration B2B is an e-business integration product for the business-to-business (B2B) exchange of services, information, and products. If you know who you want to trade with (for example, a specific supplier), what you want to do (for example, send a purchase order), and how you want to do it (for example, send the purchase order over the Internet), then you have defined a basic B2B transaction.
    • Oracle Imaging and Process Management :Oracle Imaging and Process Management is the most complete, integrated imaging solutions for end-to-end management of document images with coupleing of company business processes. It leverages Oracle Document Capture and Oracle Distributed Document Capture for image capture, Oracle Forms Recognition for intelligent data capture, and provides annotation and markup of images, automates routing and approvals, and a scalable repository supporting enterprise-wide applications. With this companies can quickly automate business processes in Oracle E-Business Suite, PeopleSoft Enterprise, and JD Edwards EnterpriseOne.
    • Oracle Service Registry - is a UDDI v3 (Universal Description Discovery and Integration version numer 3) registry with an embedded governance framework. It provides a repository where services can be registered and reused for developing or modifying applications.
    • Oracle Web Services Manager (OWSM) :Oracle Web Services Manager offers a comprehensive and easy-to-use solution for policy management and security of service infrastructure.With Oracle WSM companies allows to
      1. centrally define and store declarative policies applied to the multiple web services making up a SOA infrastructure,
      2. locally enforce security and management policies through configurable agents, and
      3. monitor runtime security events such as failed authentication or authorization.
  3. CONTENT MANAGEMENT : Oracle Content Management offers enterprise wide content management on a single platform with these products:
    • Web content management : provides multisite Web content management for internal and external sites to help organizations maintain accurate, current Web content across the enterprise.
    • Records management : allows organizations to control the creation, classification, retention, and destruction of business records
    • Oracle Universal Content Management - manages the entire spectrum of unstructured content and includes solutions for:
      • Documentation management - effectively and efficiently captures, secures, shares, and distributes digital and paper-based documents and reports
      • Digital asset management - This normally helps organizations store, find, view, and use digital assets quickly and protects assets by making approved versions accessible only by approved users.
      • Oracle Universal Records Management - This allows organizations to control the creation, classification, retention, and destruction of business records.
    • Oracle Imaging and Process Management - This enables the annotation and markup of images, automates routing and approvals, and supports high-volume applications for billions of items
    • Oracle Information Rights Management - secures and tracks the use of sensitive documents and e-mails - even when copies are sent beyond your own network.
  4. ORACLE BUSINESS INTELLIGENCE: Oracle Enterprise Performance Management (EPM) unifies Performance Management and Business Intelligence (BI), supporting a broad range of strategic, financial and operational management processes. Different family products are :
    • Oracle Business Activity Monitoring (Oracle BAM) : Oracle Business Activity Monitoring (Oracle BAM) is a used for building interactive, real-time dashboards and proactive alerts for monitoring business processes and services based on SOA(service-oriented architecture). Oracle BAM allows users who have no programming skills to build dynamic dashboards of complex enterprise system. This empowers business executives and operation managers the information to make better business decisions and take corrective action if the business environment changes, by providing realtime views of data streams without overburdening solution providers.
    • Oracle Crystal Ball :Oracle Crystal Ball is the leading spreadsheet-based application suite for predictive modeling, forecasting, simulation, and optimization.
    • Oracle Data Integrator :Oracle’s Data Integration tool, which was known earlier as Sunopsis Data Integrator. This was acquired by Oracle in 2006 and Complements by adding advanced data integration functions
      • Works in the staging/integration layer
      • Pre-built modules for CDC, bulk loading etc
    • Oracle Essbase Plus :Oracle Essbase is an OLAP (Online Analytical Processing) Server that provides an environment for deploying pre-packaged applications or developing custom analytic and enterprise performance management applications. Oracle Essbase, along with Oracle BI Suite Enterprise Edition Plus, is part of the Oracle BI Foundation.
    • Golden Gate :Oracle GoldenGate is a comprehensive software package for enabling the replication of data in heterogeneous data environments. The product set enables high availability solutions, real-time data integration, transactional change data capture, data replication, transformations, and verification between operational and analytical enterprise systems.
    • Oracle Reports services :Oracle Reports, a component of Oracle FMW is high-fidelity enterprise reporting tool. It enables businesses to provide instant access to information to all levels within and outside of the organization in a scalable and secure environment. Oracle Reports consists of Oracle Reports Developer - a powerful, declarative WYSIWYG reports design tool and a J2EE 5.0 based Oracle Reports Server with multi-tier architecture to access any data sources, generate reports in any popular format for web and paper, and to burst and distribute reports to any destination. Oracle remains committed to the development of this technology, and to the ongoing release as a component of the Oracle Fusion Middleware platform.
  5. DEVELOPMENT TOOLS :These tools are mostly for application development,database development, and business intelligence to support any development approach,technology platform, or operating system. Majority of them come free as part of bundle.
    • Oracle Application Development Framework aka ADF - called Oracle ADF, provides a commercial Java framework for building enterprise applications. It provides visual and declarative approaches to J2EE development. It supports rapid application development based on ready-to-use design patterns, metadata-driven and visual tools
    • JDeveloper - is an Integrated development Environment ( IDE) from Oracle. It offers features for development in Java, XML, SQL and PL/SQL, HTML, JavaScript, BPEL and PHP. JDeveloper covers the full development lifecycle from design through coding, debugging, optimization and profiling to deploying. Oracle JDeveloper integrates with the Oracle Application Development Framework (Oracle ADF) - an end-to-end J2EE based framework that further simplifies application development.
    • TopLink - a Java object-relational mapping package. It provides a framework for storing Java objects in a relational database or for converting Java objects to XML documents.
    • Oracle Forms services - creates screens to interact with an Oracle Database. Originally created to run on the server side.
  6. ORACLE IDENTITY MANAGER : These are mostly for enabling customers to meet compliance efficiently,secure their critical applications and sensitive data, and lower operational costs.
    • Single Sign on and Web Access Control
      • Oracle Access manager :Oracle Access Manager allows users of your applications or IT systems to log in once and gain access to a broad range of IT resources. Oracle Access Manager provides an identity management and access control system that is shared by all your applications
      • Oracle Identity Federation :Oracle Identity Federation (OIF) is an invaluable component of an identity and access management (IAM) solution. OIF can leverage the capabilities of existing enterprise authentication and authorization systems.
    • Directory Services
    • Content Access Control
  7. USER INTERACTION
    • Oracle WebCenter Suite :Oracle WebCenter Suite is a component of Oracle Fusion Middleware.Oracle WebCenter Suite 11g enables organizations to develop and deploy internal and external portals and websites, composite applications, mashups, and social and collaboration services all tightly integrated with enterprise applications.
    • Oracle Beehive :Oracle Beehive is platform for enterprise collaboration. Beehive provides collaborative tools built around a unified collaborative model allowing team members to work together and accomplish their goals. These tools help teams to collaborate efficiently across multiple geographies and organizations with:
      • Group scheduling and calendaring with resource management and direct access to team members’ corporate calendars.
      • Team task management with assignments and reporting.
      • Team member communication via e-mail, voicemail and instant messaging.
      • Discussions capabilities that allow long running conversations on any document or subject.
      • Voice and Web Conferencing from various clients
      • Basic collaborative data management capabilities with check-in/check-out, versioning and locking functionality.
      • Workflow and notification capabilities that allow users to determine when and how they want to be notified of activities.
      • Team and organizational directories that expose presence and make it easy to contact team members.
    • Oracle Weblogic Portal :Oracle WebLogic Portal provides tools to build enterprise portal applications.
    • Oracle Application Server Portal :Oracle Application Server Portal (OracleAS Portal) is a Web-based application for building and deploying portals. It provides a secure, manageable environment for accessing and interacting with enterprise software services and information resources.
    • Microsoft Office Interoperability :Fusion Middleware enables use of Office as the front-end for enterprise applications, as well as many ways to interact with enterprise information that can be read, parsed, and generated in Office-formatted documents.
  8. ENTERPRISE MANAGEMENT :Oracle Enterprise Manager automatically discovers all Oracle Fusion Middleware components and their interdependencies and provides industry best practices built into dashboards for system, services and compliance management.

 

dgreybarrowOther Fusion Post

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ECM Integrations with Oracle Applications

Posted on March 30th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

There are number of products which have ECM Integrations with Oracle Applications, such as

  • E-Business Suite (v11.5.10+, 12.0.4+, 12.1.1+)
    • EBS Adapter for ECM (Forms based, e.g. Financials, HR, ALM, Claims)
    • Product Information Management
  • PeopleSoft (v8.9, 9.0, 9.1)
    • PSFT Adapter for ECM (e.g. HCM, Financials, ALM)
  • Siebel (v7.8.2+, 8.0.0+, 8.1.1+)
    • SEBL Adapter for ECM (e.g. Marketing, Sales, Call Center, Case Management, Claims)
  • Oracle Student Learning
    • LMS content management
  • Oracle Financial Services Software (i-flex)
    • FLEXCUBE Universal Banking imaging (Loan Origination)
  • Primavera
    • P6 project document management
  • Documaker
    • Storage and publishing of personalized insurance communications

Posted in Emerging Technologies | No Comments »

Oracle’s solution for Attestation/Recertification process

Posted on March 28th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

dgreybarrow What is Attestation

In any big organization, it is important to be able to answer questions like “Who has access to What, When, How and Why” in order to comply with regulatory requirements like Sarbanes-Oxley, HIPPA etc. This necessitates the existence of some auditing mechanism within the organization.

Attestation describes any certification review process where an individual swears to or witness/confirm something important. This term is almost similar and used to describe a review/certification process that requires resource owners to verify their authorized users during on an on-going basis. This on-going process

dgreybarrow Process and Oracle Solutioning

Attestation sometime also referred to as recertification, is key part of SOX .Majority of enterprises are meeting these attestation requirements today largely with manual processes based on spreadsheet reports and emails. These manual processes tend to be fragmented, are difficult and expensive to manage, and have little data integrity and audit ability.

Oracle Identity Analytics offers a best-in-class attestation feature that can be deployed quickly to enable an enterprise-wide attestation process that features automated report generation, delivery and notification. Attestation reviewers can review fine-grained access reports within an interactive user interface that supports fine-grained certify, reject, decline, and delegate actions. All report data and reviewers’ actions are captured for future auditing needs. Reviewer actions can optionally trigger corrective action by connecting with Oracle Identity Manger’s workflow engine for remediation.

Posted in Security | No Comments »

Oracle’s Co-Existence Strategy

Posted on March 25th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Last year in OOW, Oracle introduced a set of "coexistence scenarios," which explain how the Fusion Adoption and Co Existence"augmentation" approach to Oracle Fusion Applications can work and to guide customers on how they deploy Oracle Fusion Applications alongside existing Oracle products or non Oracle Products.

Co-existence approach implies that a customer is not upgrading or implementing an entire Applications Unlimited products to Fusion, but they will keep adding Fusion Application solutions (May be atleast any of the segments from Fusion Application pillar[see the details at end] ). In that case Customers will always look for opportunities that Fusion brings that address their critical needs while minimizing the risk to their current Applications Unlimited investment. This is the heart of the co-existence adoption model. Selecting the application that fits the customer’s needs and that complements the customer’s current applications footprint is Focal point. Oracle has crafted clear paths for application that there customers can choose today. Working with their strategic advisors they will determine based on their business needs, which of these fits their strategy best.

  1. For customers that are tracking with Apps Unlimited today and are meeting their business objectives, the path is clear. To Stay on Apps Unlimited Products. Apps Unlimited means Oracle will continue to make investments in their current application product lines whether it be EBS, PeopleSoft, Siebel or JD Edwards. With that strategy Oracle encourages customers to consider standardizing on Fusion Middle ware components. Whether it be the application development environment, reporting with BI, IDE, webcenter, or embracing a centralized SOA strategy. This is basically leveraging a the common FMW stack is future proofing your investments.
  2. For customers who do decide that Fusion Application do fit into their roadmap, there are two clear choices.
    1. Move to Fusion in an incremental approach
    2. Upgrade an entire pillar or combined global single instance to Fusion.

Oracle believes that a significant number of customers who move to early releases of Fusion Applications are going to do so in an incremental fashion. They will look for opportunities that Fusion brings that address their critical needs while minimizing risk.That’s what co-existence is all about.

This strategy will immediately open up the entire Oracle Apps install base for potential adoption.

dgreybarrow What/How are in Fusion Co-Exist Pillars

  • Pillar 1:Financials & Supply Chain Management
  • Pillar 2:Human Capital Management
  • Pillar 3:Customer Relationship Management

dgreybarrow Fusion Co-Exist Modules

  • Talent Management
  • Distributed Order Orchestration(DOO)
  • Accounting Hub (GL+Hyperion)
  • Sales Performance Management
  • Territory Management
  • Quota Management
  • Incentive Compensation
  • Project Portfolio Management
  • Spend, Sourcing & Contracts
  • Incentive Compensation
  • Workforce Lifecycle Mgmt
  • Workforce Directory
  • Procure-to-Pay
  • Customer Data Hub
  • Product Data Hub
  • Governance, Risk & Compliance

Hope this post helps you to understand the BI in term of fusion.

dgreybarrowOther Fusion Post

Posted in Fusion Application | 1 Comment »

Oracle SOA Governance Tools

Posted on March 25th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

dgreybarrow Oracle Enterprise Repository:

This is metadata repoitory which provides a solid foundation for delivering goverance throughout SOA lifecycle as single source of truth for information about SOA assets and their dependecies.

dgreybarrowOracle service Registry

Oracle Service Registry provides a 'DNS'-like reference for SOA runtime infrastructure to dynamically discover and bind to deployed services and end points. As part of the Oracle SOA Governance solution , Oracle Service Registry bridges the gap between the design time and runtime environments through automated synchronization with Oracle Enterprise Repository, Oracle Service Bus and Oracle SOA Suite. The benefits include:

  • UDDI V3 Compliance - Enables standards-based dynamic discovery of services and policies at runtime
  • SOA Agility - Keeps SOA infrastructure up-to-date with changes to service end points, ensuring your SOA doesn't break
  • Hot-pluggable - Supports heterogeneous services from any vendor

dgreybarrowOracle Web Service Manager

This provides solution for governing the interactions with shared services through security and operations Policy management and enforcement to ensure that service resue remain under control

dgreybarrowOracle enterPrise Manager

This provide rich set of service level and system leval daskboard accessible from a centralized location and includes management packs such as CAMM, AD4J, BTM etc

Posted in Emerging Technologies, Tool | No Comments »

BI in Oracle’s Fusion Applications : An Quick Overview

Posted on March 21st, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

This is one of the key as mention in all previous post(1,2,3) which features of Fusion Apps, wherein the apps is leveraging BI for all reporting.As mention the key of BI in Fusion apps benefits are:

  • Its going to be real-time and self-service reporting
  • Can be done for Historical and complex analysis with a data warehouse
  • User can get Consistent experience by providing identical tabular, graphical and visualization components used throughout the application
  • Common semantic model ie Unified definition of key entities-Customer, Invoice, Date, Account, etc. and calculations
  • Tight integration with Fusion Applications
    • Pervasive embedded analytics, role-based dashboards, and reports
    • Architected for Fusion Apps: seamless integration with flex, trees,security
  • Easier installation, functional setups, and systems management

dgreybarrow Fusion Reporting and Analytics

Fusion application Business Intelligence comprises of the following components.

  • Oracle Transactional BI (OTBI) is real time self service reporting directly off Fusion Apps data. It has pre-packaged content covering major Fusion applications.
  • Oracle BI Applications (OBIA) is a prepackaged data warehouse enabling historical analysis and cross domain insight.
  • Specialized Domain specific Analytics include financial statements, sales territory planning and Project Performance built on Essbase technology. White space analysis built on Real Time decisions and Oracle Data Mining Technologies.
  • Oracle BI Publisher reports are also available; these are out of box content within Fusion applications to cater to pixel perfect and highly formatted report requirements.

dgreybarrowFusion BI Architecture

This is three-layer architecture. Various component in Fusion BI Architecture as per below:

Fusion BI Architecture

1.BI View Objects

  • These are single source of truth for BI
  • Represent facts and dimensions
  • Apps data security been implement at this level.

2.BI Common Semantic Model

Supports highly aggregated trending and real-time transaction listings from a single query model

  • Single RPD with one Business Model
  • Single Business Column and Entity shared across OTBI and Oracle Business Intelligence Application (OBIA)
  • Common Conformed Dimensions ensure cross fact , cross subject areas and federated OTBI/OBIA reporting

3.Oracle BI Applications (OBIA)

As mention is used for unlimited historical analysis - trending and cross-domain insight Pre-packaged DW, ETL, metrics, and interactive dashboards .

4.Oracle Transactional Business Intelligence (OTBI)

  • Real time window into the transactional System where business users can create their own reports using prepackaged functional metadata
  • Co located & semantically integrated with the Data Warehousing metadata
  • Reads security, flex fields and trees from Fusion Applications
  • Reports / charts from OTBI can be embedded into Fusion Applications

OTBI

dgreybarrow OTBI and OBAI Vis -a-Vis

These two can be understood differently, here are the compare for these two.

Fusion BI compare

Hope this post helps you to understand the BI in term of fusion.

dgreybarrowOther Fusion Post

Posted in Fusion Application | 1 Comment »

Fusion’s Functional Setup Manager

Posted on March 21st, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Fusion Functional Setup Manager (FSM) is a one- stop shop for all implementation activities from planning to Deployment.FSM is a separate module / product, who managed all setups and all the various branches of products houses.Fusion includes FSM to allow implementation by others than the IT department or consultancies.... This includes plenty of checklists and allows a project manager to setup and monitor the setup tasks as identified by Fusion itself. This functionality also allows users to easily migrate configurations from one instance to another(Test/ Production). .

FSM is the feature for rapid and standard setup implementation. The salient features:

  • Generates customizable list of setup tasks based on selected offerings,options, and features.
  • Identifies pre-requisites, dependencies, and required setups.
  • Launches individual setup pages.
  • Tracks progress with assignments and task statuses.
  • Moves data between environments.
  • Supports initial installation as well as ongoing maintenance

Some of the key Functions Fusion Functional Setup Manager are :

  • Setup Manager :Very similar to Self-serviced pages. This is used to Manage all aspects of functional setup in one interface
  • Setup Offerings : this is configurable and extensible pre-packaged setup task lists. This can be used for Customize setup at business user level
  • Setup Export & Import :remember FNDLOAD....this is similar purpose . Configuration packages to move setup across systems, Mostly used for Export & Import setup data consistently
  • Setup Reporting : This is used for Reporting purpose on functional configurations and data mostly used to validaing functional configurations and data

This is a big improvement over E-Business Suite and implementation costs will certainly reduce the configuration.If you are implementation consultant this is going to productive tool.

Posted in Fusion, Fusion Application | No Comments »

Oracle Fusion Supply Chain Management – A Brief Overview

Posted on March 20th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Oracle Fusion SCM provides a supply chain data model and services for such things as product, order, inventory, shipping and receiving and also business processes for concept-to-launch, order-to-cash, and cost management.

Initial releases of Oracle Fusion Supply Chain Management will have functionality for product master data management, costing, order orchestration, product availability,logistics, inventory management, light warehouse management capabilities and Agile PLM.

Fusion Supply Chain Managment

 

Looking at the Supply Chain Management Product Family in Fusion Applications, these are major products which is consider to be part of offering in v1.

  1. Product Information Management/Fusion Product Hub (PIM)
  2. Global Order Promising (GOP)
  3. Distributed Order Orchestration (DOO)

In order to support Finance and Procurement , there are 2 additional products:

  1. Inventory Management /Fusion Logistics
  2. Cost Management

In Fusion Apps, there is unfortunately no planning or integrated manufacturing products. These additions might be part of Fusion Version 2.

Lets do a quick review on some of Fusion SCM family.

Read the rest of this entry »

Posted in Fusion, Fusion Application | 2 Comments »

Oracle Fusion Procurement

Posted on March 17th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

First Release of procurement process is focusing on indirect procurement ie, providing purchasing, self-service procurement, sourcing, procurement contracts, and supplier portal and spend analysis. Based out Oracle E-Business Suite data model there is significant Fusion Procurementchanges which you can see as the introduction of center-driven procurement, which supports centralized and local centers of category expertise. Spend analysis leverages Oracle Essbase to provide multidimensional and what-if analysis for Budgeting and Planning team.

Procurement comprises of the five key modules as highlighted below.

  1. Purchasing : very similar to Oracle PO model , with same Buyer agents concept. This agent have access for Requisition pool, Negotiation Center and other available functionalities, very similar to EBS PO.
  2. Self Service Procurement : aka e-procurement or called iproc (old Self Service Procurement (SSP). Except the feature like Requisition builder, an easy to use shop.
  3. Sourcing : This is tightly integrated with the OBIEEE (Oracle Business Intelligence Suite).
  4. Procurement Contracts :Procurement Contract supports the basic business processes of the procurement contract life cycle. This not only enhances the ability of buying organizations to manage these stages by adding sophisticated contract management and compliance features to Purchasing, Sourcing, and Supplier Portal. The Terms library happens to be the work area which would serve as a centralized repository for all your contract terms and related definitions. The major change which we see here is "Clause Analysis".
  5. Supplier Portal..similar to what you have iSupplier in EBS , ie one-stop shop for defining Suppliers/Importing them into your organization .

dgreybarrow Key Highlights over EBS Procurement

In addition to the module specific features we have some generic features which are specific to procurement product family -

1. BU Concept - Business Unit (BU) is the term used in Fusion against OU (Operating Units) as in the current release.

  • This support for Distinct Requisitioning,Procurement, and Sold-to Business Units (BU)
  • Shared Agreement Management, Catalogs and Pricing, and Standard Processes

2. Document Change Management - A key feature which makes sure that a base document is always available with a user (Buyer/Catalog Manager/Requestor) for disposal. some of key things in this area are

  • Maintains Complete Document Change History
  • Differentiates Administrative Changes from Supplier Revisions
  • Initiator Sensitive Approval Routing
  • Revert to Previously Approved Version
  • Supplier Rejections During Acknowledgment

3. Role Based Dashboards - RBAC (Role Based Access Control) has been made broadened when security of Fusion Apps is concerned with a clear distinction on "Who" does "What". This also empower user for

  • Summary of All Items Requiring User Attention
  • Personalized Worklists and Intelligent Watchlists
  • Consolidated View Across All Procurement Applications

4. Order Life Cycle Management - In the entire P2P (Procure 2 Pay) cycle a document may be linked to many other purchasing and other documents (Ex: Invoice). Now Fusion has provided better visibility to users through one-stop access to all the related documents. Reduce fulfillment cycles and avoid supply disruptions which improves A/P efficiency & creates working capital opportunities

5. Unified Approvals - All approval are very similar to EBS workflow based approvals. If you are coming from EBS , existing process for approval has been redefined with existing features as below:

  • Single Approval Technology Across the Entire Procurement Suite
  • Support for Rules Based Approvals, Ad-hoc Approvers, FYI Notifications,and Graphical Approval View
  • Business Intelligence and Web Service Extensibility

dgreybarrow Fusion Procurement Applications V1

Fusion Procurement Applications V1 being the first set of release, there are certain functionalities which customers will have to manage through workaround till subsequent releases come through.

  1. No Internal Order Functionality
  2. No provisions for Budgetary control
  3. No manufacturing execution capability

dgreybarrow Other Fusion Post

Posted in Fusion Application | 1 Comment »

Oracle Fusion Project Portfolio Management

Posted on March 14th, 2011 by Sanjit Anand |Print This Post Print This Post |Email This Post Email This Post

Oracle Fusion Project Portfolio Management is a modular suite of applications designed to work as a complete enterprise project portfolio management (PPM) solution or as extensions to your existing PPM applications portfolio.

Till date, if you take any project management tools , it's never been complete pacakge in all sense. Some may have excellent accounting and process integration for cost collection and billing, but lacked project management functionality like scheduling. Other’s lacked processing functionalities. Some of them have excellent analytical capablity but have lacking transaction processing capabilities or scheduling functionality.

If you consider PMI Standard for Portfolio Management, "PPM is the centralized management of one or more portfolios, which includes identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other related work, to achieve specific strategic business objectives."

Fusion PPM will be promises for a one-stop shop for project managers. It creates an environment where Project Managers can execute the entire project life-cycle without looking for information from other sources. It will establish standardization, improve efficiency and generate competitiveness. Oracle Fusion PPM (aka Project Portfolio Management) is going to be a major step towards creating a best in class PPM solution covering all aspects of Fusion PPM

  • Project Costing
  • Project Billing
  • Project Control
  • Project Performance Reporting
  • Project Integration Gateway
  • Project Analytics-KPI
  • Integrated project, financial and contract management(the first integration will be Primavera)
  • Optimized and streamlined project delivery
  • Comprehensive project planning, execution, control and scheduling solution

Some of the Fusion PPM features deferred for future release are:

  • Staffing
  • Resource Management
  • Grants Management
  • Project Scheduling
  • Portfolio Analysis
  • Cross-Charges
  • Earned Value Management

Some of the key features of Fusion Apps –PPM which will impress to everyone are:

  1. Improved Usability: PPM enhances user productivity and reduces support costs
  2. Embedded Business Intelligence: Improves decision making by answering key business questions while users enter transactions
  3. PM Operational Dashboard: Provides near real-time project financial information & exception-based management . see the details in next section
  4. Cost Collection Center: Reduces integration costs and provides a consistent user interface across products
  5. Contract Based Project Billing: Cuts down on billing errors and improves flexibility of internal project execution
  6. Social Project management: Improves communication and collaboration by creating a community for the project team
  7. Co Existence with Primavera P6: Allows customers to adopt Fusion applications incrementally based on business needs

dgreybarrowA note on PM Operational Dashboard

The key features embedded as part of Project Manager's dashboard in Fusion is called "project scorecard", this they can use to Track and review the overall health a project.

  • Capability to view performance at project, task, resource level and by time phases
  • Easy access to information, no more navigation across modules and spreadsheets to get the data
  • Exception based management, pushing of error/exception to Project Manager for corrective action
  • Performance Measures to enable viewing the data according to the context
  • Cross-project comparison for various performance measures
  • Availability of real time project financial data
  • A graphical and tabular overview of performance
  • Simpler user interfaces with global search and drill down capability

dgreybarrow Integration with Other Application

In addition to Core Financial Management applications, the first release of Oracle Fusion Applications includes Project Portfolio Management (PPM) and Procurement.There is two-way synchronization with Microsoft Project .There is integration with Oracle Fusion Applications Enterprise Contract Management for contract-related data.

Fusion Financial application PPM

This integration will bring lot of advantage

  1. Integrated with back office finance operation for Project Financial activity
  2. Project Manager Dashboard with Cross-project insights gives better drill down capability
  3. Billing & Revenue recognition by contract , makes independent
  4. Cost collection and there processing will be faster because of timely insight into validated Project cost

Overall its look Fusion PPM has been designed, keeping in mind the needs of a project intensive organization.

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