On-Premise vs Cloud (Saas, PaaS, IaaS)

Lets understand the difference between On-Premise and Cloud by taking an example

Oracle EBS when installed on a local server can be called as On-premise (on-prem) installation

You call it a Cloud Installation when the application is installed on a server located in a data center owned by some other company like Oracle

Cloud enables sharing of resources. Resources like Servers and Applications can be shared by multiple customers which helps in reducing the costs. Cloud has many other benefits, like it can be easily scaled, quicker implementations etc

Read more on
https://www.salesforce.com/hub/technology/benefits-of-cloud/#
https://blogs.oracle.com/profit/the-benefits-of-erp-in-the-cloud

Now lets try to understand SaaS, PaaS and IaaS

Resources or Services on Cloud can be accessed through Subscription.

For example, if you want a server for a POC you can subscribe for a Infrastructure as a Service (IaaS) say for a month, access the server over the internet, build your prototype, demonstrate and end your subscription. You pay for only what you use. No upfront costs like purchasing a costly server etc.

On the same basis, Oracle ERP is also available on Cloud. This is known as Software as a Service (SaaS). So when you subscribe for Oracle Cloud ERP, you get access to ERP over the internet. No purchase of costly servers, No installations are required (OS, Database, ERP Applications). From day 1 you can start configuring the ERP.

We spoke about IaaS and SaaS. There is one more beast PaaS. It is Platform as a Service. In this case a Platform is available as a service on cloud. For example, you are a web developer and want to develop a web application using HTML, CSS etc. Web application developers typically need a platform which consists of OS like Linux, Database like MYSQL, Web Server like WebLogic etc. All these are provided as a service so that you can directly start you web application development. You just subsribe to a Platform and start development.

Oracle has many cloud offerings

  • SaaS
    • Cloud ERP or Fusion Applications
      • Financials
      • HCM
      • SCM
      • etc
  • PaaS
    • OIC – Integration Cloud Service
    • SOACS – SOA Cloud Service
    • DBaaS – Database cloud service
    • Developer Cloud Service
    • etc

Read more about Oracle Cloud on https://cloud.oracle.com/home

Oracle Fusion Financials/Cloud ERP Financials Interview Questions

I believe browsing through common Interview questions will help learn more about Fusion Apps. Listed below are couple of questions.

Generic Questions:

  • Have you worked on any Cloud implementation/Support project?
    if yes please explain about the project
  • How many modules were implemented?
  • Which version?
  • Explain your role
  • Elaborate on Phases and Duration of the project
  • Elaborate on the documentation
  • How big was the team and what was the team composition
  • Were you involved in data migration, reporting, configuration, testing, integration, management, security, requirements gathering, design, documentation, user training, post go live support, upgrades, interacting with Oracle support etc.

Architecture related:

  • Explain architecture of Cloud ERP
  • Elaborate on Product Family, Offerings, Features, Options
  • Explain FSM, Implementation Project, Task List, Tasks
  • Explain Rapid Implementation
  • Explain configuration migration from one instance to another

Security related:

  • Explain the security model in Oracle Fusion Apps/Cloud ERP
  • How many types of Roles have you worked on?
  • Explain Function security and Data Security
  • Why do we need Custom Roles?
  • Have you created any? and Explain the Custom Role creation process
  • How do you create users?
  • How do you assign roles to Users?
  • How do give access to Data in GL/AP/HCM?
  • Have you used Data Roles?
  • What are Privileges?
  • What is Auto Provisioning?
  • Explain how do you achieve giving access to invoice creation but
  • restrict invoice payment access
  • Explain BIP related security/roles
  • How different it is from R12/11i
  • What are the default users created by Oracle?
  • is SYSADMIN user available in Fusion?

General Ledger module related:

  • Have you configured GL module?
  • Explain GL module configuration
  • How different it is from R12/11i
  • Is there Business Group setup in Fusion?
  • Elaborate Enterprise Structure in Fusion
  • Explain Accounting structure instance
  • Explain segment labels, segment attributes (third party control account)
  • How many balancing segments can you define in Fusion
  • Explain BSV
  • Explain ledgers and creation process
  • What are Essbase cubes?
  • Name the seeded GL Job Roles
  • How do you grant access to a ledger to a user?
  • Explain segment level security rules
  • Explain Cross Validation Rules (filter, condition)
  • Explain Hierarchies (audit, row flattening)
  • What is use of maintaining versions of hierarchies?
  • Explain the need for having multiple hierarchies
  • Explain hierarchy publishing (when we should not publish? multiple child assignments)
  • Elaborate Accounting calendar. explain start date and translation process relation
  • Explain period frequency, adjusting period concept
  • Explain calendar period and fiscal period
  • Explain Currency related processes (conversion, revalvation, translation)
  • Explain STAT
  • Explain rate type (spot, corporate, user)
  • Explain Cross country rate rules
  • Explain Secondary ledgers, Reporting currency ledger, conversion levels
  • Explain ledger set
  • Balance cube dimensions (period, ledger, COA segments, scenario, balance amt, amt type, currency, currency type)
  • Close status monitor
  • Allocations – calculation manager
  • Consolidation methods – Reporting, balance transfer, financial management con – hyp, eliminations
  • Budgeting
  • Data migration
  • Journal entry (entry page, spreadsheet, fbdi, webservice)
  • Financial Reporting Center
  • Account Monitor, inspector
  • Smart view
  • OTBI
  • BIP

Hope it helps! Please don’t forget to leave your comments. Thanks

Learning Path

The learning path differs based on interest, past experience and education.

We recommend the below learning path irrespective of the category.

  • Start using the product, understand the Navigation, Enter some transactions, Run a Report
  • Understand Security, learn about Roles, Create User, Security Console etc
  • Learn about the Architecture of Cloud ERP, various product families, offerings etc
  • Understand Configurations, Learn how to configure an offering like Financials. Learn to use FSM – Functional Setup Manager
  • Test the configuration
  • Learn about configuration migration etc

Apart from the above two main areas which we recommend everyone are:

  • Acquire DOMAIN knowledge
    • Example, Accounting, Financials Business Processes etc
  • Learn about Implementation Aspects
    • Project Management
    • Phases
    • Documentation
    • Testing – unit testing, SIT, UAT etc
    • Cutover etc

Start Learning Today!

The below recording helps you to understand the basic navigation in Oracle Fusion Applications.

Did you like the recording? Please leave a comment by clicking on leave a comment link on the top of this post.

More to come!

Keep hooked..

Now let us understand the various categories of people wanting to learn Cloud ERP

Broad classification based on Experience:

  • Oracle EBS Functional Consultants
  • Oracle EBS Technical Consultants
  • Oracle EBS Techno-Functional Consultants
  • Other ERP experience (Peoplesoft, JDE, SAP, Tally, Maximo etc)
  • No experience on any ERP

Broad classification based on Education:

  • Commerce graduates
  • Engineering graduates
  • MBA

Broad classification based on Interests:

  • Those looking for a new Job
  • Job Change
  • Project Change
  • Upgrade

Welcome to the Oracle Cloud ERP World !

Oracle Cloud ERP has become very popular. As a result, many companies are moving to Cloud ERP. So creating many job openings. But, right resources are not available in the market.

So to address the shortage of Cloud ERP resources, this website has been created.

Move2Fusion is a collaborative platform and is an honest attempt to address and close this gap.

Oracle Cloud ERP SMEs have started this Move2Fusion collaborative platform. That is to say, they like to spread the knowledge through sharing their experience