
Oracle Fusion Financials
Discover outstanding expertise and enrich your skills with Soft Online Training's exclusive Oracle Fusion Financials Online Training curriculum. Our program stands out as a beacon of excellence in the market, thanks to our skilled trainer, who boasts extensive experience in Financials Implementation Projects, having successfully executed numerous ventures. At SOT, we are committed to delivering top-notch quality to our students, providing comprehensive real-time insights into key concepts. Embark on a learning journey where end-to-end implementation project scenarios come to life through insightful training sessions. With small batch sizes ranging from 20 to 25 students, we ensure personalized attention and promote an environment that helps active participation. Join us in Hyderabad for an immersive Oracle Fusion Financials Training experience, where every participant receives the attention they deserve.
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Instructor: Srinivas (16 Yrs)
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Categories Oracle Fusion
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Reviews(0 Comments)
Training Modules:
1. General Ledger
2. Account Payables
3. Account Receivables
4. Cash Management
5. Fixed Assets
6. Fusion Expenses
7. Fusion Tax
8. Inventory Management.
9. Purchasing
10. Global Intercompany
11. Reporting
For detailed course content please click on Cirrculum Tab
Cycles:
- Order to Cash Cycles
- Procure to Pay Cycle
Major Concepts:
- Approvals
- Period Close Process
- Accounting Impact
- EBS VS Fusion Comparison
- New Features Explanation
- Import/Export Configurations one instance to another instance.
Oracle Fusion Financials Training Overview:
Unlock the potential of your financial management with Oracle Fusion Financials, a robust and integrated solution designed to streamline your organization's financial processes. Offering a bird's-eye view of your financial landscape, Oracle Fusion Financials empowers businesses to make informed decisions, drive growth, and enhance efficiency.
Key Features:
Integrated Financial Management: Oracle Fusion Financials seamlessly integrates various financial functions, including general ledger, accounts payable, accounts receivable, cash management, and asset management. This integration ensures data consistency, eliminates redundancies, and provides a holistic view of your organization's finances.
Modern User Experience: With an intuitive and user-friendly interface, Oracle Fusion Financials simplifies financial tasks and enhances user productivity. Accessible via desktop or mobile devices, users can conveniently manage financial processes anytime, anywhere.
Real-Time Analytics: Gain actionable insights into your financial performance with real-time analytics and reporting capabilities. Oracle Fusion Financials offers robust reporting tools, dashboards, and customizable analytics, enabling stakeholders to monitor key performance indicators and make data-driven decisions.
Advanced Security and Compliance: Ensure data security and compliance with Oracle Fusion Financials' comprehensive security features and built-in compliance controls. With role-based access controls, audit trails, and encryption capabilities, organizations can safeguard sensitive financial information and meet regulatory requirements.
Scalability and Flexibility: Adapt to changing business needs and scale your financial operations seamlessly with Oracle Fusion Financials. Whether a small startup or a large enterprise, Oracle Fusion Financials offers the flexibility and scalability to support your growth trajectory.
Continuous Innovation: As part of Oracle's cloud suite, Fusion Financials benefits from constant updates and innovations. With regular enhancements and new features, organizations can stay ahead of the curve and leverage the latest technologies to optimize their financial processes.
Oracle Fusion Financials Training Modules:
Oracle Fusion Financials offers a comprehensive suite of modules designed to streamline financial processes and drive efficiency across organizations. Let's delve into the key modules that comprise Oracle Fusion Financials:
General Ledger:
The General Ledger module is the foundation of Oracle Fusion Financials, providing a centralized repository for recording and managing financial transactions. It facilitates the creation of financial reports, journals, and budgets and supports multi-currency and multi-ledger accounting.
Accounts Payable:
Accounts Payable module automates the processes associated with managing vendor invoices, payments, and expenses. It enables organizations to streamline invoice processing, optimize cash flow management, and ensure timely payments while adhering to regulatory requirements and maximizing vendor discounts.
Accounts Receivable:
Accounts Receivable module facilitates the management of customer invoices, receipts, and collections processes. It helps organizations streamline billing operations, track customer payments, and improve cash flow management, ultimately enhancing customer satisfaction and reducing outstanding receivables.
Cash Management:
The cash management module enables organizations to effectively manage their cash positions, liquidity, and bank relationships. It provides real-time visibility into cash balances, facilitates cash forecasting, and automates bank reconciliation processes, helping organizations optimize their cash flow and mitigate financial risks.
Fixed Assets:
Fixed Assets module manages the lifecycle of tangible assets, including acquisition, depreciation, disposal, and retirement. It enables organizations to track asset details, calculate depreciation expenses, and ensure compliance with accounting standards and regulatory requirements, optimizing asset utilization and maximizing returns on investment.
Fusion Expenses:
The Fusion Expenses module simplifies managing employee expenses, travel reimbursements, and corporate card transactions. It provides employees a user-friendly interface for submitting expense reports, automates approval workflows, and integrates seamlessly with other financial modules to ensure accurate expense tracking and reporting.
Fusion Tax:
Fusion Tax module simplifies tax compliance by providing a centralized platform for managing tax calculations, reporting, and compliance across multiple jurisdictions. It supports complex tax requirements, such as value-added tax (VAT), sales tax, and withholding tax, and ensures accurate and timely tax filings while minimizing non-compliance risk.
The modules of Oracle Fusion Financials work together seamlessly to streamline financial processes, enhance visibility and control, and support strategic decision-making. Whether managing general ledger transactions, processing vendor invoices, or tracking fixed assets, Oracle Fusion Financials provides organizations with the tools they need to achieve operational excellence and drive business growth.
Job Roles in Oracle Fusion Financials:
Oracle Fusion Financials offers many opportunities for professionals across various job roles. Let's delve into some of the essential positions within this dynamic field:
Implementation Specialist:
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Responsibilities: Implementation specialists oversee the deployment of Oracle Fusion Financials within an organization. They collaborate with stakeholders to gather requirements, configure the system, conduct testing, and ensure a successful implementation aligned with business objectives.
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Skills Required: Proficiency in Oracle Fusion Financials modules, strong project management skills, expertise in system configuration and customization, and excellent communication skills.
Solution Architect:
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Responsibilities: Solution architects design and architect comprehensive solutions using Oracle Fusion Financials to address complex business challenges. They analyze business requirements, propose technical solutions, define system architecture, and guide the implementation process to ensure alignment with organizational goals.
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Skills Required: In-depth knowledge of Oracle Fusion Financials architecture and modules, experience in solution design and architecture, strong problem-solving abilities, and the ability to translate business requirements into technical solutions.
Financials Project Manager:
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Responsibilities: Financials project managers oversee the planning, execution, and delivery of Oracle Fusion Financials implementation projects. They manage project timelines, budgets, resources, and risks, ensuring that projects are completed on time, within budget, and meet quality standards.
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Skills Required: Project management expertise, including planning, scheduling, budgeting, and risk management; familiarity with Oracle Fusion Financials implementation methodologies; strong leadership and communication skills; and the ability to manage cross-functional teams.
Financials End User/Super User:
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Responsibilities: Financials end users or super users are responsible for utilizing Oracle Fusion Financials to perform day-to-day financial tasks and transactions. They are proficient in navigating the system, entering data, generating reports, and using various modules to support financial operations.
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Skills Required: Proficiency in Oracle Fusion Financials modules relevant to their role, such as Accounts Payable, Accounts Receivable, General Ledger, and Cash Management; understanding of financial processes and procedures and the ability to troubleshoot system issues.
Oracle Fusion Financials Job Market:
In today's rapidly evolving business landscape, Oracle Fusion Financials stands out as a leading solution for organizations seeking to optimize their financial management processes. As businesses continue to adopt Oracle Fusion Financials, the demand for skilled professionals proficient in its implementation, administration, and utilization has surged. Let's explore the current job market trends and opportunities within the realm of Oracle Fusion Financials:
Growing Demand:
The job market for Oracle Fusion Financials professionals is experiencing significant growth as more organizations recognize the benefits of leveraging this powerful platform. Companies across industries, including finance, healthcare, retail, and manufacturing, are actively seeking skilled individuals to help implement, manage, and maximize the value of Oracle Fusion Financials within their organizations.
Diverse Roles:
The job market for Oracle Fusion Financials offers a wide range of roles catering to different skill sets and experience levels. From financial analysts and consultants to system administrators and business analysts, diverse opportunities are available for professionals with expertise in Oracle Fusion Financials implementation, configuration, customization, and support.
Competitive Salaries:
As the demand for Oracle Fusion Financials professionals continues to rise, salaries for these roles remain competitive. According to industry reports and salary surveys, professionals with Oracle Fusion Financials expertise command premium compensation packages compared to their counterparts in other financial management software platforms.
Remote Opportunities:
With the increasing adoption of remote work arrangements, many organizations offer remote opportunities for Oracle Fusion Financials professionals. This trend has widened the talent pool, enabling companies to hire top talent regardless of geographical location. Remote positions provide flexibility and convenience for professionals while allowing companies to access a broader talent pool.
Continuous Learning and Development:
The dynamic nature of Oracle Fusion Financials necessitates continuous learning and development for professionals to stay abreast of the latest updates, features, and best practices. As such, there is a growing demand for individuals committed to ongoing professional development through certifications, training programs, and hands-on experience.
Career Advancement Opportunities:
Oracle Fusion Financials offers ample opportunities for career advancement and growth. Professionals who demonstrate proficiency in Oracle Fusion Financials and contribute to successful implementations and business transformations can progress into leadership roles such as project managers, solution architects, or directors of finance systems.
Oracle Fusion Financials Training Videos:
We offer the flexibility to access our comprehensive training videos at your convenience. Whether you opt for live sessions or recorded videos, you can immerse yourself in learning at a pace that suits your schedule. Moreover, we provide access to daily class recordings for up to 1 year, so you can reinforce your understanding and revisit key concepts whenever needed.
Target Audience:
Our training program caters to a diverse audience:
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Fresh graduates with any degree background (B.Tech, B.Com, MBA, MCA, etc.).
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Seasoned professionals with domain expertise looking to enhance their skills.
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IT consultants experienced in Oracle EBS, JD Edwards, or other ERP systems seeking to expand their knowledge.
Certification Guidance:
Upon completing our Oracle Fusion Financials Certification Training, you'll receive a course completion certificate endorsed by SOT. Additionally, we provide mock test papers to help you prepare for the Oracle Certification Exam, ensuring you're well-equipped to succeed.
Job Assistance:
Unlock numerous career opportunities in Oracle Fusion Financials with our comprehensive training. Our trained candidates are highly sought after in the job market, with attractive packages and positions awaiting successful graduates. Count on us to support you with placement assistance and references, helping you confidently kickstart your career journey.
FAQ
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Introduction to Oracle Fusion Financials
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Functional Setup Manager
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General Ledger - SetupsDefine Value Sets Defining the Chart of Accounts Structure Deploying the Chart of Accounts Assigning Segment Attributes Create Account Hierarchies Published Account Hierarchy Example Enabling Account Combinations Defining Cross-Validation Rules Defining Accounting Calendar Manage Currencies Overview Define Ledgers Specify Ledger Options Balancing Segment Value Assignments Manage Reporting Currencies Reporting Currencies Conversion Levels Define Secondary Ledgers Secondary Ledgers Conversion Levels Secondary Ledgers Mapping Review and Submit Accounting Configuration Manage Ledger Sets Defining Segment Value Security Rules Data Access Set Security Defining Budgets & Controls
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General Ledger - Process FlowsOpen GL Periods Entering Daily Currency Rates Manual Journal Journal through Spreadsheet Loaders Auto Post of Accounting Entries Auto Reversal of Accounting Entries Cross Currency Journals Suspense Journal Translation Revaluation Transferring Entries to Secondary Ledgers Account Monitor Accounting Inspector Consolidation Mass Allocations Recurring Journals
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Account Payables - SetupsDefining Common Options for Payables and Procurement Defining Payables Calendars Defining Payment Terms Defining Payment Options Defining Distribution Sets Defining Aging Periods Manage Interest Rates Invoice Approval Rules Manage Formats Manage Payment Methods Manage Payment Process Profiles Defining Procurement Agents
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Account Payables - Process Flows/TransactionsSupplier Creation Manual Standard Invoices Prepayment Invoice Apply Prepayment to Standard invoice Credit Memo Invoices Apply Credit Memo against invoice Interest Invoice Creation With Holding Tax Invoices through Spread Sheet Invoices through OER Templates Recurring Invoices Manual Payments Batch Payments through PPR Cross Currency Payments Supplier refund Manage Accounts Payable Balances Manage Banking Payable to GL Reconciliation
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Account Receivables - SetupsDefine Receivables Activities Define Auto Accounting Rule Define Remit-to Addresses Define Approval Limits Define Receipt Classes and Receipt Methods Define Statement Cycles Define Transaction Types Define Payment Terms Define Transaction Sources Define Memo Lines Define Auto Cash Rules Define Application Rules Define Auto Match Rules Define Receipt Application Exception Rules Revenue Scheduling Rules Define Revenue Policies Define Revenue Contingencies Define Customers
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Account Receivables - Process flows/TransactionsCreate Customer Create AR Invoice Create AR Credit Memo Create AR Invoices from OER Template Adjust AR Invoices Apply Credit Memo against AR Invoice Charge Back invoice Balance forward Billing Manage Banking Create Receipts Create Automatic Receipts Create Receipts through spread sheet Create Remittance Batch Receipts through Lock box System Manage Late Charge Transaction Create Bills Receivable batch Create Bills Receivables Remittance Batch Customer Refund On Account Receipts Miscellaneous Receipts Customer Merge Receipt Write-off Receipt Reversal Cross Currency Receipts Adding/Removing the Contingencies Manage Accounts Receivable Balances
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Fixed Assets - SetupsOverview Oracle Fusion Assets Defining Value sets & Values Defining Asset Flex filed structures Managing System Controls Defining Fiscal Years Defining Asset Calendars Defining Prorate Conventions Defining Asset Locations Managing Asset Books Defining Asset Categories Managing Distribution Sets Defining Depreciation Methods
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Fixed Assets - process Flows /Transactions
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Cash ManagementCash Management Overview Manage Banks Manage Branches Manage Accounts Create and Edit Bank Statement Transaction Codes Create Parse Rules Manage Bank Statement Transaction Creation Rules Manage Bank Statement Reconciliation Matching Rules Manage Bank Statement Reconciliation Rule Sets Oracle Cash Management Create a Bank Statement Generate Cash Transactions Create External Cash Transactions Manual Reconciliation Automatic Reconciliation Cash to General Ledger Reconciliation
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Fusion Expenses - Setups
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Fusion Expenses - Process Flows/Transactions
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Tax Management
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Fusion Intercompany - SetupsInter company Overview Manage Inter company System Options Manage Inter company Transaction Types Manage Inter company Period Status Manage Inter company Organizations Define Invoice Options Manage Inter company Customer and Supplier Assignments Manage Inter company Receivables Assignments Manage Inter company Balancing Rules Inter company Reconciliation
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Fusion Intercompany - Process Flows
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Fusion Reporting
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Procurement ConceptsManage Locations Add Offering of Product Management Manage Item Organization Manage Facility Shifts Manage Facility Workday Pattern Manage Facility Schedules Manage Inventory Organization Add Offering Materials Management & Logistics Manage Sub Inventories Hire Employee Warehouse Employee Procurement Employee - Buyer Mange Item classes Create Item Supplier Creation Configure Procurement business Function Configure Requisitioning Business Function Manage Common Options for Payables & Procurement Requisition Approval Process TAB - Setups Transactions Requisition PO Receipts Invoice PO-Match Invoice Pay on Receipt Debit Memo RTS
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Key Topics
Top 12 Reason to choose SOT
Unlock Your Potential with Our Comprehensive Training Program:
Industry Real-Time Faculties:
Benefit from learning directly from industry experts with real-world experience in Oracle Fusion Financials. Our instructors bring invaluable insights and practical knowledge to the classroom, ensuring you receive high-quality instruction tailored to industry standards.
High-Quality Content and Class Videos:
Access meticulously curated course materials and class videos that cover the latest topics and best practices in Oracle Fusion Financials. Our content is designed to facilitate learning and comprehension, empowering you to excel in your training journey.
Access to Daily Recordings from the Learning Portal for Up to 1 Year:
Gain flexibility and convenience with access to daily class recordings from our learning portal for up to 1 year. Whether you miss a session or need to revisit key concepts, you can do so at your own pace, ensuring maximum retention and understanding.
Beautifully Designed Material:
Our training material is thoughtfully designed to enhance your learning experience. From visually appealing presentations to comprehensive study guides, we provide the tools you need to master Oracle Fusion Financials.
Reasonable Fees:
Our training program offers competitive and reasonable fees, ensuring that you receive exceptional value for your investment in your career development.
Register Once, Attend Multiple Batches within 1 Year:
Enjoy the flexibility of registering for our training program once and attending multiple batches within one year. Whether you need to refresh your knowledge or explore advanced topics, you can use this feature to enhance your skills further.
Latest Application Access for Practice for Up to 6 Months:
Practice makes perfect! Gain hands-on experience with the latest Oracle Fusion Financials applications with access to practice for up to 6 months. Strengthen your skills and build confidence through practical application in a simulated environment.
Mock-Up Interviews and Tests:
Prepare for success with mock-up interviews and tests designed to simulate real-world scenarios. Our mock-up sessions help refine your interview skills and test your knowledge, ensuring you're fully prepared to excel in your career endeavors.
Oracle Examination Help:
Receive guidance and support in preparing for Oracle examinations. Our training program includes assistance and resources to help you navigate the certification process and achieve your Oracle Fusion Financials certification goals.
Place Your Career:
Take the first step towards a successful career in Oracle Fusion Financials with our comprehensive training program. We're committed to helping you achieve your career aspirations and providing the tools and support you need to succeed.
Srinivas
With over 16 years of extensive professional experience, including comprehensive involvement in Fusion Implementations from beginning to completion, our instructor brings a wealth of practical knowledge to the classroom. Their seasoned expertise ensures that students obtain clear, insightful explanations that facilitate a thorough understanding of complex topics. With substantial teaching abilities sharpened over years of practical application, our instructor is dedicated to empowering students to grasp concepts with clarity and confidence.
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Oracle Financials Cloud 2019 Certification Codes
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