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Oracle Fusion HCM Core HR Module Functions

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  Core HR Major Business Functions   In any business, human resource team plays a key role as this is the main team to hire correct employee for the correct job. Once a new employee hire into an organization, HR team needs to take care of lot of employee related activities from onboarding to retiring.  Initial functional configuration are taught in  Oracle Fusion HCM Training  like - Company Structure creation, Jobs, Departments, Positions, and Employee Grades and so on. Below are the key functions performed in the Fusion HCM application as part of Core HR Role. Potential HR Functions:- Employee Onboarding Process:- After the employee interview process completed will provide the offer letter and later we need to onboard into the organization and in the Oracle Fusion HCM Application from there will maintain all the employee information it could be professional information/personal information in our Fusion HCM Core HR Application. Later on we have to maintain/man...

What Is The Need For Fusion Cloud - New ERP Solutions

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What is the need for Fusion Cloud, Oracle has introduced new ERP Solutions in the market which is called as Oracle Fusion with hybrid model and took best data models and flavours from JD Edwards, PeopleSoft and Oracle EBS but I feel there is no difference between Oracle EBS R12 & Oracle Fusion Applications, all the options and business process are same and there is a difference in the look and feel. We cover the difference between EBS & Fusion in terms of all the application process flows from General Ledger, Payables, Receivables, Cash Management & Fixed Assets. We have always kept students from EBS experience to co-relate with fusion application navigation, screens & functionalities  Oracle Fusion application is important for clients to implement who are especially Low & Medium sized clients and this is the best ERP product for clients from the financial industry. There are many clients from the finance sector who have trusted and used the product for many yea...

What Is ERP?

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ERP stands for Enterprise Resource Planning. This is one of the most important asset for any organization who wants to build a centralized platform. Before we get it in to the details of ERP, let me give you an example where everyone can understand why ERP application is a key resource for all the organizations. Ravi started a small business who is selling Delicious sweets to his customers which are made in his home located in Chennai. To make sweets, he needs lots of raw material such as Sugar, Milk, Oil, Ghee, Gas etc. Since it is small business he used to update all his transactions like Purchasing raw material and sales orders in an excel sheet. Initially, he takes care of all the work which is related to cooking, cleaning and delivering items to the customers. All his customers are very happy and they started referring his products to their relatives and friends who are residing nearby cities. His business has experienced exponential growth in the last few months, and revenues hav...

Oracle Fusion Financials Training & Certification –All You Need To Know

  Overview of Oracle Fusion Financials: Oracle Fusion financials is the leading cloud-based service that endeavors automated financial management intended to automate and control the financial flow from an end to end management costs for not only mid-sized organizations but enterprise-level customers as well. To simplify a company’s financial decisions and increase effortless productivity, Oracle Fusion Financials allows users with a broad range of suites to abide by general ledger, accounts payable & receivable management, fixed assets, expenses, and cash management as well as centralized accounting, tax payment, and intercompany engines. Key Features: Here are the key features of oracle fusion financials: ● Multi-dimensional reporting: a database that generates financial statement reports that can retrieve through excel sheets ● Role-based dashboards: helps in combining the user navigational functionalities into one that reduces the clicks a user has to do for a task ● Extens...