I am currently evaluating different ERP'S for implementation at my office. The current scope is only limited to Financials.
I have got some good information from http://www.oracle.com/applications/financials/intro.html. Also, the Oracle price list says that Financials User Price is US$ 4,595 per user but does not include any information about the modules included in it.
My understanding is that following modules are included in that $4,595 per user
1. Asset Life Cycle Management
2. Cash and Treasury Management
4. Financial Control & Reporting
5. Financial Analytics
6. Governance, Risk & Compliance
8. Travel and Expense Management
Please let me have your views and correct me if wronge.
You can opt just pure financials consiting of Purchasing,Acounts Payables, Accounts Receivables, General Ledger,Fixed Assets.
These modules will cover most of the business processes you had mentioned. But specific to your reporting requirements and bussiness, additional modules may be considered.
We have implemented similar products for a couple of clients in India.
Yes, What you have been told is right. Financials include ony those.
However, todays world , people value intelligence (MIS reports )as the key. Oracle Business Intelligence tools are powerful. However, it is sometimes questionable whether the client is ever able to use all those tools.. they might as well be better of in developing custom reports and fulfil their needs. The custom reports can be developed as per the user needs and you will not have any limitations on the vareity of the reports the user needs.
Oracle EBS itself provides quite a number of standard reports. My experience is that after all the reports available, owing to specific busines needs, user opts for custom built reports.. that number has not crossed more than 30 for Financials. the investment the user puts in for these 30 reports was far lesser than the licencing fee of certain advanced reporting tools (most of the times).