Want to Build your Knowledge on ERP Domain?

In this article we will explain the technical career path as an Oracle Technical Consultant. What do we mean by a technical consultant, what are the perquisites to work as an Oracle Technical Consultant, What are the skills required to take this role and what roles and responsibilities are integral part of being a technical expert in Oracle. At the end of the article we will try to explain the career path.

ERP consulting represents a confluence of technical skills and business skills. Any successful ERP consultant has a deep business understanding of his business domain and has the ability to translate business understanding to ERP functionality.  Your success as an ERP Consultant and your growth in ERP Career depends on how well you understand the importance of all these required skill-sets.

To be effective, employees need a sense of how the organization works and how the actions of each individual affect organizational strategic objectives. Skill in determining the forces and factors that interfere with the organization's ability to accomplish its tasks can help the ERP Consultant become a master problem-solver, an innovator, and a team builder.

ERP, which is an abbreviation for Enterprise Resource Planning, is principally an integration of business management practices and modern technology. Information Technology (IT) integrates with the core business processes of a corporate house to streamline and accomplish specific business objectives. Consequently, ERP is an amalgamation of three most important components; Business Management Practices, Information Technology and Specific Business Objectives. 

Functional Consultants are the experts having an understanding of the business processes and data flow on one hand and have the capability to fit these business requirements in the vendor ERP product, analyzing gaps, if any. Functional Consultants are generally domain-specific like Finance, HR, Manufacturing, and Procure to Pay etc.

In the present era of globalization and liberalization, to deliver consistently and as per business expectations, technical experts are required to reorient their historical approach of concentration on the technology and code development, and convert their expertise to a professional who is not only technically sound but who can understand the language business speaks.

Communication is the most important thing in life. When it comes to various departments in any organization, it is all the more important. There is an enormous flow of information and data in any organization on day to day basis. Most of the technical, commercial, and financial data related to day to day activities must be captured in the form of history with respect to time, money, and efforts spent on these activities. It is a must for any progressive organization. 

The Fixed Assets (FA) module allows you to maintain equipment inventory, depreciation schedules using the best accounting and tax strategies.  It allows you to value assets using different classifications, such as Construction in Process (CIP) or expense items. This article will provide an overview of Oracle Fixed Assets and its features, functionalities, and key steps that need to be carried out for implementation.