Oracle Fusion is also known as Oracle Fusion Application (OFA) which is next generation suites of software application and it is distributed across different group, which includes wide range of oracle fusion applications training modules like Enterprise Resource Planning (ERP), Oracle Fusion Procurement, Supply Chain Management (SCM), Customer Relationship Management (CRM), Human Capital Management (HCM), Fusion Financials, Governance, Risk and Compliance (GRC).
Let’s have a brief look at each fusion application module:
Enterprise Resource Planning: Enterprise Resource Planning (ERP) is an industry term for the wide range of activities that helps an organization to manage their financial business. An important goal of enterprise resource planning is to facilitate the flow of data so that business decisions can be data-driven. The software suites are built to collect and manage data from different levels of industry to provide management with insight into key performance indicators in real-time.
Oracle Fusion Procurement: Fusion Procurement is a computer program that allows an organization to automate the processes of purchasing orders and maintaining an inventory of goods or services. Procurement software can generate requisition, approval, purchase orders, execute the ordering process online, invoice creation to goods received, and pay all bills electronically.
Supply Chain Management: Supply Chain Management (SCM) is the failure to notice of materials, information, and finance as they move in a process from vendor to the manufacturer to wholesaler to retailer to consumer. It involves coordinating and integrating cycle flows among companies. It is said that the ultimate goal of any effective supply chain management system is to decrease the failures.
Customer Relationship Management: Customer Relationship Management (CRM) is a term that refers to practices, technologies, and strategies that organizations used to control and analyze user interactions and data throughout the buyer lifecycle, with the goal of improving business relationships with customers, assisting in customer maintenance and driving sales growth. It is designed to gather information on customers across many various channels or points of contact between the company and the customer who includes the company’s fax, website, telephone, live chat, email, marketing materials and social media. It also provides customer facing staff detailed data on customer’s personal information, purchase history, buying preferences and other concerns.
Human Capital Management: Human Capital Management (HCM) is an approach to employee staffing that perceives people as human capital assets whose present value can be calculated and future value can be improved through investment.
Fusion Financials: Fusion Financials revolutionizes and data access with real-time intelligence and native. It is a fully financial management system which includes a wide suite of capabilities including general ledger, account payables, account receivables, fixed assets, tax, expenses and cash management. It is a standard-based platform to help users to increase their business processes.
Governance, Risk, and Compliance: GRC (Governance, Risk, and Compliance) is software which allows openly held companies to build and manage technical operations that are subject to regulation. GRC naturally combines applications that manage the basic functions of GRC into a single integrated wrap. It enables an organization to pursue a systematic, organized method for managing GRC related plan and implementation
Oracle Fusion Training:
We offered Oracle Fusion Training is being considered as one of the best training courses available across all major areas of the globe. This course is run and conducted by our best industry experts hence the training offers the best activity and developed industry compatible skills for enrolled students, on-job professionals, and others. It offers regular classroom-based training which is mostly preferred by students as well as web-based training which are availed by on-job professionals who attend classes from their own place at any time on Oracle Fusion modules.