Skill Review – Oracle Applications
Oracle Applications (Financials, SCM, CRM, HRMS) is very similar to SAP applications (read this). The work and domain knowledge may be similar for competing products of Oracle and SAP.
What are the main modules in Oracle Applications?
Oracle modules like Payables, Receivables, GL, iExpense, HR Suite, Projects Suite, Property Manager, SCM, Advanced Planning, etc.
HRMS domain of the Oracle E-business suite includes: Core HR, Payroll, Oracle Learning Management (Oracle Training Administration), Self Service HR, Time & Labor, and iRecruitment, Standard and Advanced Benefits, Compensation Workbench, Student System Technical
SCM suite includes: Order Management, Advanced Supply chain planning, Procurement, Sourcing, Warehouse Management System, Product Configurator, Discrete Manufacturing, Process Manufacturing, Product Life Cycle Management, Enterprise Asset Management
Financials suite includes: General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cash Management, Public Sector Financials, Grants Management, Public Sector Budgeting, Purchasing, iExpenses, iPayment, iReceiving, Lease Management
Project Accounting: Projects Billing and Costing, Project Management, iTime, PJRM, Project Connect, Collaborative Project Mmt, Project Contracts
Which companies recruit Oracle Apps Consultants? And how are the prospects for Oracle Apps Consultants?
Services companies like Accenture and Infosys recruit Oracle Applications Consultants. For Infosys the majority of revenue for Enterprise Solutions comes from Oracle Apps.
Technical or Functional Consultants can look for purely technical/functional or techno-functional roles at Tata Consultancy Services, Infosys Technologies, Wipro Technologies, Satyam, Computer Services, Accenture, IBM, Cognizant Technology Solutions, Deloitte, Oracle Corporation (for development/testing of new products).
Some other companies which are into Oracle Apps Consulting but are not as big in headcount are HCL Tecnologies, Sierra Atlantic, Patni Computers, Intelligroup, Polaris Software Lab, Zensar Technologies, GenPact, Birlasoft, Cap Gemini, iGate, etc. Though most of the organizations in India provide basic consultancy services in Oracle Apps, not many of them provide services in Oracle Business Intelligence. Also, some of these organizations predominantly work in some core areas of Oracle Apps like Oracle Process Manufacturing, Oracle CRM, Oracle HCM, Oracle SCM, etc. Many of the MNC’s like Deloitte, Cap Gemini, Unisys, Bearing Point are yet to ramp up their India operations upto the levels of TCS, Infosys, Accenture and IBM. In all probability, most of the big MNC’s will further consolidate their India operations and outsource substantial part of their development and support work back to India. So, it seems exciting times are ahead of Oracle Apps consultants in India.
How is the nature of work for an Oracle Apps Professional?
The nature of work can be more of understanding the application and using it. It does not require technical skills or MBA degree, but you would find Engineers being labeled technical consultants and MBAs being treated as consultants, but actual role and work may be similar. You can find it boring if you are interested in technical stuff.
For example read the following paragraph, most of your time will go in understanding documents with similar content.
Oracle Projects is meant primarily for organizations that are project-oriented. Using this module, it becomes easy to track costs, budget and track the project status.
Oracle Projects consists of the following products:
• Oracle Project Costing
• Oracle Project Billing
• Oracle Project Connect for Microsoft Project
• Oracle Activity Management Gateway
• Oracle Project Analysis Collection Pack
Prior to Oracle Projects Setup, one has to setup the Set of Books in GL, setup Organization and Organization hierarchy in Oracle HRMS, define employees and job in HRMS and create customer in Oracle Receivables. However if Oracle Projects is being installed as a standalone package then one needs to define all above in Oracle Projects itself. Some other mandatory setups include defining locations, defining implementation options, defining Project Accounting periods, defining expenditure types and categories, define revenue categories, etc. Also one has to create a burdening hierarchy in Oracle HRMS which may vary from the Project or Task Organization hierarchy.
See this link for more information.