What is eprentise software?
What can I do with eprentise software?
- Reorganize the business structure within an instance. You can:
- Move transactions from one set of books, operating unit, or legal entity to another.
- Move, legal entities between SOBs.
- Change accounting calendars.
- Change currency
- Divide an Oracle application instance into two or more consistent and correct instances.
- Consolidate two or more application instances to take advantage of a single shared source of business data.
- Consolidate inventories within an instance. You can also change the valuation of inventories.
- Propagate data quality standards throughout one or more instances, including elimination of duplicate master data records.
- Change key flexfield (KFF) segments and values, such as Sales Territories or Asset Categories, and reflect the change in the existing transactional data.
In what kind of situations would I use eprentise?
Consider eprentise in situations like these:
- A merger or acquisition where both parties run E-Business Suite.
- The set-up of E-Business Suite is more than 3-5 years old and doesn’t support the business.
- There are inconsistencies in different parts of the organization.
- The business is supporting several different instances of E-Business Suite.
- Business reorganization, shared service center, and IT consolidation scenarios.
- The database is very large and different subsets of data are needed for testing.
- There is a lot of duplicate data (suppliers, customers, products).
- Divestiture or spin off of part of the business.
This M&A scenario is an example.
- Company A sells its Division M to a competitor, Company B. Both companies, A and B, run E-Business Suite. Company A runs eprentise Divestiture to split off a copy that contains all of Division M’s business (but none of A’s confidential information). Company A continues to run its main instance, which retains Division M history. It gives the new Division M instance to Company B.
- Company B may choose to run Division M in a stand alone manner until the end of their fiscal year. The instance is functionally complete, consistent, and correct. One optional change would be to run our FlexField software to transform the Division M instance to use the Company B Chart Of Accounts (COA). That would make it easier to consolidate the financial reports between Company B’s main instance and Division M.
- Next, Company B would run eprentise Consolidate to combine the Division M instance into its main instance. They would add all of Division M’s history and open business transactions, setups that define how Division M transactions work, plus other data like Division M’s customers, suppliers, and employees into Company B’s E-Business Suite instance.
How much does an eprentise project cost? How long do the projects take?
What does FlexField software do?
What happens after I run FlexField and change my COA?