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Well, the answer depends on which version of JD Edwards that you would be working on. JDE had two versions of its software - 1) World, which runs only on the AS/400 (or iSeries or System i, or whatever name IBM calls it now), is DB2/400 only, and uses RPG as its programming language. 2) Enterprise One (One World). This is the GUI/Windows type version of JDE. Can run on various hardware and thus various databases.
They are two very different technical environments. So would be helpful to know which environment you are being considered for.
Though I will take a wild guess and say this is a Enterprise One/One World position. My opinion (and opinions are what you will get as replies to this) is that JDE would be easier to learn. Oracle has a very complex Payroll/HRMS system - the most complex I have ever seen. JDE is going to be a different world from the e-business suite world, so it will take you time to get up to speed. Probably more important to have a good knowledge of payroll than it is to have a knowledge of Oracle Payroll, is what I am thinking. Lack the basic payroll knowledge and you will have a harder time with the transition.
Thanks a lot John. I'm sort of glad to know it's easier and I do have a good understanding of payroll. Are there any transferrable skills though from oracle to jd edwards open world (yes, that was the one). I've learnt things like xml/bi publisher, workflow builder, PL/SQL, Web ADI e.t.c along the way and well, it might be wasteful to throw it all away overnight assuming of course that I get the job.