Business Process Modeling Levels in Oracle Fusion (L1, L2, L3, L4)

Fusion Application is based on business process models that map out business flows. Note 1542019.1 on Oracle Metalink gives you the business process models.

Business flows hierarchy consists of five levels

  • L0 – Industry
  • L1 – Business process area
  • L2 – Business Process
  • L3 – Activity
  • L4 – Tasks
  • The hierarchy goes from a high-level, conceptual view to a low-level, application-specific view.
  • L1 through L3 are business-driven and don’t depend on any specific implementation in the application.
  • L4 aligns with specific features and functionality in the application.

Example:

  • L0 – Industry – Finance
  • L1 – Business process area – Financial Control and Reporting
  • L2 – Business Process – Capture Transactions
  • L3 – Activity – Record and Edit Standard Journal Entries
  • L4 – Tasks – Enter Journal via Spreadsheet

Oracle provides vision diagrams for all business processes. Please refer
Note 1542019.1 on Oracle Metalink

Reporting Options in Oracle Fusion Applications

Oracle Fusion Applications offers several tools for Reporting and Analytics. The tools access transactional tables and GL balances cubes to produce the reports. The following are the list of tools

  • Financial Reporting Center
  • Oracle BI Publisher
  • OTBI
  • Financial Reporting Studio
  • Account Monitor and Account Inspector
  • Smart View
  • Standard Reports

Uses

  • For Analysis – use OTBI, Smartview, Account Monitor and Inspector
  • Interactive Reports – use Financial Reporting Studio reports
  • BI Publisher Reports – High volume, Fixed Format, Custom reports and others that can be printed

Below listed are Sample Report Outputs generated using various tools

Sample Financial Reporting Studio Report Output
Sample Smartview report
Account Inspector
Account Monitor
Sample OTBI Dashboard
Sample OTBI Analysis

In future posts we will explain how to create reports using the various reporting tools available in Oracle Fusion Applications

Cool New Features in Oracle Fusion Applications

There are loads of new features in Oracle Fusion Applications / Oracle Cloud Financials but few of them are very useful. End Users like them because the new features help them complete their activities faster and easier. Below we list few of the new features and explain their uses.

Oracle Fusion Infolets

Infolets

Infolets display important information in high level which help users to glance through to quickly get a snapshot of what is happening in their work area and take action appropriately

In the above image you can see Infolet related to Source to Settle process. Aggregated Information on Requisitions, Purchase Orders, Invoices, Agreements etc are displayed. User can click on any particular area of interest and drill down to the work area to take appropriate action.

Oracle Fusion Dashboards

GL Dashboard
Payables Dashboard

The dashboards present information that helps users to take action. Changes, activities, and expectations can be immediately evaluated. Embedded data tabulations provide users with the information that is used to make better decisions

Oracle Fusion Infotiles

Infotiles

Financial Reporting Center

Financial Reporting Center
New FeatureDescription / Uses
InfoletsDisplay high Level aggregated information
DashboardsEntry point to various Work Areas
InfotilesDisplay summarised information in Work Areas
Financial Reporting CenterHelps in running all types of reports from one place

More to come.. keeping watching..

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