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Assignment 1

The document provides an overview of three major ERP software solutions: Oracle Cloud ERP, SAP for Healthcare, and Microsoft Dynamics 365 Finance, detailing their functionalities, advantages, and disadvantages. Oracle Cloud ERP is noted for its scalability and accessibility, while SAP focuses on healthcare management and compliance, and Dynamics 365 Finance emphasizes financial management and integration with other modules. Each solution has its own set of challenges, including costs and complexity in implementation.

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Fareeha Butt
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0% found this document useful (0 votes)
26 views5 pages

Assignment 1

The document provides an overview of three major ERP software solutions: Oracle Cloud ERP, SAP for Healthcare, and Microsoft Dynamics 365 Finance, detailing their functionalities, advantages, and disadvantages. Oracle Cloud ERP is noted for its scalability and accessibility, while SAP focuses on healthcare management and compliance, and Dynamics 365 Finance emphasizes financial management and integration with other modules. Each solution has its own set of challenges, including costs and complexity in implementation.

Uploaded by

Fareeha Butt
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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10/8/2023 ERP SOFTWARES

Enterprise Sytem

NAME: Haniya.

ROLL NO: 21101003-004.

SUBMITTED TO: Sir Muhammad Tahir.

SECTION: Blue.

SEMESTER: 5th.
1. Oracle
Oracle Corporation which is also mentioned as Oracle, is a multinational company.
Oracle is a leading company that provides database management systems (DBMS),
cloud computing solutions, and enterprise software applications.

Oracle Cloud ERP:


Oracle Cloud ERP is one of the many ERP solutions that Oracle provides. Oracle
Cloud ERP (Enterprise Resource Planning) is a board cloud-based software solution offered by Oracle
Corporation for businesses of all sizes and industries. Oracle Cloud ERP is like a dominant computer
program that is used to help companies with their money and how they do business. It's not on a single
computer but on the Internet, so you can use it from anywhere.

Functionalities:
Some of the key functionalities that Oracle ERP provides are as follows:

 Financial Management: Manages financial accounts, invoices, payments, assets, and cash
flow.
 Project Management: Controls project budgets, resources, billing, and contracts.
 Supply Chain Management: Handles inventory, customer orders, supplier sourcing, and
manufacturing.
 Human Capital Management (HCM): Manages employee data, recruitment,
performance, and compensation.
 Customer Experience (CX): Supports sales and customer service operations.

Companies using Oracle ERP:


There are many multinational companies that Oracle ERP some of them are:

 Zoom
 Cloudcrop
 Federal Emergency Management Agency
 Snap Inc.
 10x Genomics Inc.

Advantages of Oracle Cloud ERP:


 Scalability: Oracle Cloud ERP is scalable, allowing organizations to adapt and grow their
ERP resources as their business expands.
 Accessibility: It is accessible from anywhere with an internet connection, making it
convenient for remote work and global operations.
 Cost Efficiency: Cloud-based ERP can lower hardware and maintenance costs compared to
traditional on-premises systems.
 Security: Oracle provides robust security features, including encryption and access controls,
to protect sensitive financial data.

Disadvantages of Oracle Cloud ERP:


 Cost: While cloud ERP can reduce certain costs, there can be significant subscription fees and
costs associated with customization and integration.

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 Complexity: Implementing and customizing Oracle Cloud ERP can be complex and may
require specialized expertise.
 Data Security Concerns: Some organizations have concerns about the security of sensitive
financial data stored in the cloud.
 Integration Challenges: Integrating with legacy systems or third-party applications can
sometimes be challenging and costly.

2. SAP
SAP stands for "Systems, Applications, and Products in Data Processing." It
is a multinational software corporation in Germany that develops, provides
and facilitate enterprise software solutions to businesses and organizations of
different size.

SAP for Healthcare:


SAP provides a range of ERP solutions for the healthcare industry. These solutions are designed to help
healthcare providers and organizations manage various aspects of their operations efficiently.

Functionalities:
SAP ERPs provide a vast range of functionalities to organizations that help them manage their various
operations in the healthcare field
Some of the key functionalities that SAP for healthcare provides are as follows:

 Patient Management: It captures and manages patient information, contact details,


residential details, and insurance details. It also schedules appointments, manages patient
calendars, and monitors patient visits.
 Electronic Health Records (EHR): It records and accesses patient medical records,
including diagnoses, treatments, and medical history. It is also used to Place and track orders
for lab tests, imaging, and other diagnostics, and receive and report results electronically.
 Revenue Cycle Management (RCM): It Generate bills, manage claims, and handle
insurance submissions. It also Track and manage patient payments and outstanding balances.
 Supply Chain Management: It keeps digital records of medical supply and inventory
levels. It also monitors the purchase of healthcare for patients and by patients.

Hospitals using SAP for Healthcare


 Thompson Hospital
 Roche
 Fresenius Medical Care
 HELIOS Kliniken GmbH

Advantages of SAP for Hospitals:


 Makes Things Easier: SAP helps hospitals and doctors' offices do their work more easily.
It keeps track of patient information and helps with billing and scheduling.
 Better Care: With SAP, doctors and nurses can take better care of patients. They have all the
information they need in one place.
 Following Rules: SAP helps healthcare places follow the rules and laws about patient
information and privacy.

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 Smart Decisions: SAP helps healthcare managers make smart decisions using data and
reports.

Disadvantages of SAP for Hospitals:


 Cost: SAP can be expensive to buy and set up. It also costs money to train people to use it and
to keep it running.
 Complicated: Learning how to use SAP can be hard, and it might take time away from patient
care at first.
 Customization: Making SAP fit exactly what a healthcare place needs can be tricky and
might need extra work and money.
 Switching is Hard: Once a healthcare place starts using SAP, it can be hard to change to a
different system because it takes a lot of time and money to move all the information.

3. Microsoft
Microsoft Corporation, commonly known as Microsoft, is a multinational
technology company that provides many ERP solutions. One of them is Dynamic
365 Finance.

Dynamic 365 Finance:


Microsoft Dynamics 365 Finance, often referred to as Dynamics 365 Finance, is an enterprise-level
cloud-based Enterprise Resource Planning (ERP) software solution developed by Microsoft. It is
designed to help businesses manage their financial and accounting processes more efficiently and
effectively.

Companies using Dynamic 365 Finance:


In the automotive industry, the companies that are using Dynamic 365 finance are:

 Mercedes-Benz USA
 Toyota Ukraine
 Encory GmbH
In the education industry the institutes that are using Dynamic 365 finance are:

 Dow University of Health Sciences


 University of South Florida
 University of South Florida

Advantages of Dynamic 365 Finance:


 Comprehensive Financial Management: Dynamics 365 Finance offers a wide range of
financial management capabilities, including general ledger, accounts payable, accounts
receivable, budgeting, and cash flow management, providing organizations with a
comprehensive solution for managing their finances.
 Integration with Other Dynamics 365 Modules: It can seamlessly integrate with other
Dynamics 365 modules, such as Sales, Customer Service, and Supply Chain Management,
allowing for a unified view of business operations.

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 Cloud-Based: Being a cloud-based solution, it offers flexibility, scalability, and accessibility,
allowing users to access the system from anywhere with an internet connection.
 Real-Time Insights: Provides real-time financial data and analytics, helping organizations
make informed decisions and respond quickly to changing financial conditions.

Disadvantages of Dynamic 365 Finance:


 Cost: Implementing Dynamics 365 Finance can be expensive, including licensing fees,
implementation costs, training, and ongoing maintenance expenses.
 Complex Implementation: Deploying a comprehensive ERP solution like Dynamics 365
Finance can be complex and time-consuming, requiring careful planning and skilled resources.
 Learning Curve: Users may need time to learn and adapt to the new system, potentially
affecting productivity during the transition.
 Customization Challenges: Extensive customization may be needed to fit the system
precisely to the organization's requirements, which can increase costs and complexity.

Comparison of Oracle Cloud ERP, SAP for Healthcare, Dynamic 365 Finance

Oracle Cloud ERP SAP for Healthcare Dynamic 365 finance


Oracle Cloud ERP is known for its SAP for Healthcare, as part of the Dynamics 365 Finance,
Scalability excellent scalability. It is designed broader SAP ecosystem, can be part of the Dynamics 365
to serve organizations of all sizes, scalable depending on the suite, is designed to be
from small businesses to large. It specific module or edition scalable and flexible. It
is more scalable than SAP and chosen. can accommodate the
Dynamics 365 finance. needs of organizations as
they evolve.
Oracle is committed to SAP also places a strong Microsoft, the provider of
Accessibility accessibility and strives to ensure emphasis on accessibility, Dynamics 365, has a
that its applications are usable by working to make its software strong commitment to
people with disabilities. accessible to users with accessibility across its
disabilities. products, including
Dynamics 365 Finance.
Oracle Cloud ERP offers a SAP typically offers various Dynamics 365 Finance
Cost subscription-based pricing model, licensing and pricing options, follows a subscription-
where organizations pay for the including user-based licenses based pricing model,
Efficiency software on a per-user, per-month and subscription models. similar to Oracle Cloud
basis. ERP.

Oracle Cloud ERP offers robust SAP solutions are known for Dynamics 365 Finance
Integration integration capabilities through their strong integration offers integration
Oracle Integration Cloud, Oracle's capabilities. capabilities through the
cloud-based integration platform. Power Platform.

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