| EBS Description | Translates to AP in Cloud |
|---|---|
| Business Group | Enterprise |
| Operating Unit | Business Unit |
| Financial Options | Common Options for Payables and Procurement |
| Payable Options | Invoice and Payment Options |
| Criterion | Cloud Improvement Score | Cloud Applications (Release 13 - 21D) | EBS Applications (Release 12.1.x & above) | Cloud Improvement Metrics | Rationale for Score |
|---|---|---|---|---|---|
| Functionalities : Gaining efficiencies by having efficient business processes supported by Cloud | |||||
| Invoice Creation |  |
User friendly invoice creation process via spreadsheet (Application Desktop Framework Integrator) to manage large volume of data | EBS used Desktop Integrator |
Improves Efficiency Process Improvement Improves Data Integrity Eliminates Extension/ Workarounds Improves Compliance |
Spreadsheet integration is another key feature in Fusion that minimize data entry errors and also provide a familiar environment that is highly efficient for users |
| Importing Invoices with Attachments |  |
Invoices can be imported with supporting attachments with details about the work performed, that can be used with workflow approval notifications | Functionality not available |
Improves Efficiency Process Improvement Improves Data Integrity Eliminates Extension/ Workarounds Improves Compliance |
Minimize manual intervention for uploading attachments and approval |
| Ease of Correcting Invoice Import Errors | |
Invoice import errors can be fixed via spreadsheet with flexibility to review and validate | Limited ability to fix invoice import errors |
Improves Efficiency Process Improvement Improves Data Integrity Eliminates Extension/ Workarounds Improves Compliance |
User friendly excel templates available out of box to fix invoice import errors |
| Cross Currency Payments | |
Currency in which payables invoice can be paid is not dependant on the currency in which the invoice is entered | Invoice currency and payment currency are required to be same for processing payments |
Improves Efficiency Process Improvement Improves Data Integrity Eliminates Extension/ Workarounds Improves Compliance |
Advanced flexibility in multi currency payments processing critical to shared services
|
| Improved Invoice Matching | |
Invoice matching has been improved with ability to match invoice to -
|
Functionality not available |
Improves Efficiency Process Improvement Improves Data Integrity Eliminates Extension/ Workarounds Improves Compliance |
Improved control on AP invoices with improved matching feature |
| Improved Accounting |  |
The single journal is generated for expense under budgetary control and expense not under budgetary control, forming part of the same invoice | Handled using sub-ledger accounting to avoid split |
Improves Efficiency Process Improvement Improves Data Integrity Eliminates Extension/ Workarounds Improves Compliance |
Improved visibility for organization using budgetary control |
| Automated Invoice Imaging using Intelligent Character Recognition (ICR) | |
Inherent Supplier Invoice Imaging feature is supported which provides automated capture of selected attributes from the invoice image in order to facilitate seamless processing and approval | No integrated invoice imaging feature |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Out of box invoice imaging provides a smart way to automatically create accounts payable invoices |
| Approval and BPM | |
Additional flexibility to configure complex approval rules using Approval Management Extensions (AMX) | Only simple approval rules can be configured using Approval Management Engine (AME) |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Ease in defining complex approval rules using simplified user interface |
| Workflow Notification | |
Workflow notification content can be modified for Invoice Approval, Payments Approval, Hold Resolution and Invoice Account coding | Functionality not available |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Provides details relevant to approvals through configuration |
| Override Account for Sub Ledger Transactions | |
Option to override account on sub ledger transactions even after invoice has been accounted/ paid | Accounts cannot be changed once transactions are accounted |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Manual adjustments can be minimised resulting in easier reconciliations |
| Shared Service Center Model for Invoice and Payments | |
Invoice of one business unit can be paid by a payment from another business unit | This feature is not available in EBS |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Centralized payment processing across business units within the scope of the ledger |
| Migrations/ Conversions : Quick and reliable path to cloud | |||||
| Open Invoice Conversions | |
MS Excel based templates (File Based Data Import) have been provided | Standard forms to key in the text manually |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Faster migration to cloud with simplified conversion process |
| Supplier Conversions | |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
|||
| Reporting & Analytics : Easy, advanced visualizations | |||||
| Reporting | |
Highly flexible reporting providing excellent data visualization are available using Oracle Transactional Business Intelligence (OTBI) | Limited standard reports availability and requires development of custom reports |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Easier for users to build reports accommodating diverse business requirements |
| Payables Dashboard | |
User interactive dashboards and work areas with recommended daily actions and access to perform transactions can be easily configured | No standard dashboard available in application |
Improves Efficiency Process Improvement Improves Data Integrity Eliminate Extension/ Workarounds Improves Compliance |
Provides multiple Infolets with high level of data flexibility, actions performed, pending actions, notifications, graphs and possiblity of minimal errors with data control compliance |
SCM Cloud vs Oracle Manufacturing
SCM Cloud Cost Accounting vs Oracle EBS Costing
Oracle Cloud General Ledger vs Oracle EBS General Ledger
Oracle Supply Chain Planning Cloud vs Advanced Supply Chain Planning
Procurement Cloud vs EBS Procurement
Oracle Order Management Cloud vs EBS Order Management
Oracle Inventory Management Cloud vs EBS Inventory
Oracle Product Data Management Cloud vs EBS Item Master
Oracle WMS Cloud vs R12 EBS WMS
Oracle Cloud PPM vs EBS Projects
Back to Comparison Summary - Oracle ERP Cloud (Fusion) vs Oracle EBS
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