So, you’re considering migrating your company’s current version of Oracle® E-Business Suite (EBS) to the latest release – the enhanced functionality can eliminate customizations, allow companies to operate globally, and streamline business processes. If you’re looking to be smart about it, you’ll opt for an upgrade rather than a reimplementation to potentially save millions of dollars. Yet, an update or migration alone is not enough – you need a roadmap to reach your goals:
Step 1 – Identify Barriers
Identify what barriers are preventing your enterprise from operating globally. A common barrier is inconsistent data or improperly shared data throughout the EBS instance. Silos make it difficult to get enterprise-wide consistency, so you’ll need to determine what data will be shared and what rules will govern access (e.g., charts of accounts and calendars).
Another critical issue is relying on multiple instances; there is no technology within EBS that allows for instance-to-instance functionality. As such, multiple instances actually impede operations. To take advantage of the latest EBS features company-wide, consolidating ERP systems should become a priority. Once completed, the total cost of ownership (TCO) will be reduced.
Step 2 – Streamline Operations
The latest version of EBS includes features that are intended to help streamline operations. However, you can’t take advantage of them without common data. One of the first things to look at is your chart of accounts (COA). Usually, people lack the foresight to account for a company’s growth during the initial implementation, but having a COA which does not accurately reflect your company’s needs is a huge detriment.
Step 3 – Eliminate the Obsolete
Lastly, identify outdated setups that no longer meet your requirements by reevaluating your current EBS footprint. If there are redundancies in business processes, or different departments are performing the same processes in different ways, this adds to the TCO as well. Moreover, process redundancies, as with poorly designed COAs, are adding to company costs.
New features in the latest EBS release are going to help your enterprise operate globally, but you’ll first need a plan for aligning current data. If you expect to improve the efficiency and profitability of your company by moving to the latest EBS Release, an upgrade or a migration alone is not enough. Before any transition, consider how to increase efficiency, reduce database clutter, cut expenses, and improve agility.