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    Home IT Management
    • IT Management

    Oracle Apps Answer Need For Speed

    By
    Renee Boucher Ferguson
    -
    November 20, 2001
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      Oracle Corp. is rolling out more FastForward Flows e-business applications for small and mid-sized companies that promise quick implementations.

      On Wednesday, the Redwood Shores, Calif., company will release four applications, or Flows, for human resources, finance and project management.

      Oracle guarantees the apps will be up in running in about 90 days.

      The Financial Operations to Financial Reports application automates the complete financials business flow, from purchase to payment, invoice to cash, assets to depreciation and accounting transactions to financial reports. It also manages supplier payments, customer invoicing, cash management, forecasting and lifecycle.

      The two human resource Flows provide employee self-service functionality. The Expense Reporting to Self Service Processing application automates the complete expense processing flow and allows employees to submit expenses online and companies to approve, process and pay expenses electronically.

      The People to Paycheck Flow automates human resource processes, including recruit-to-hire, compensate-to-compete and deploy-to-separation. Using parts of the enterprise-class Oracle Human Resources and Payroll apps, this flow provides a foundation for strategic workforce management, online benefits programs and payroll mangemement.

      Finally, the new Project to Profit Flow automates the complete projects flow, including plat to create, budget to bill, budget to cost management, budget to assets and analysis to project closure. Utilizing Oracles Projects app, the flow links remote teams and distributed project data.

      A fifth Flow for supply chain management will ship next week.

      Oracles flows are available as packaged apps or as an online service.

      Renee Boucher Ferguson
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