1. What is Oracle?

• Oracle stands for:
  Oak Ridge Automatic Computer Logical Engine

2. Oracle applications?

• Application means group/Collection of forms/features (UI: user interface)
  For example, all below forms will be used by Payable purpose; we will group and assign them to Payable applications

3. Oracle Financials?

• Instead of using the name Finance, we call it Financials, it’s decided by Oracle
• Finance Departments (the Departments that deal with Money)

Finance Departments	Oracle Financial Applications	Functions
Payables Department: Payment	Oracle Accounts Payable (AP)	Purchase Invoices
		Payments
Receivables Department: Cash Receipts	Oracle Accounts Receivables (AR)	Sales Invoice
		Customer Payments/Receipts
Asset Department: Fixed Assets	Oracle Fixed Assets (FA)	Bank Accounts
		Bank Statement Reconciliations
Cash/Treasury department: Cash	Oracle Cash Management (CM)	Assets
		Depreciations
General/Common Department: Financial Reports	General Ledger (GL)	Finacial Reports

4. Oracle Product Families

• Oracle Product Families are group of applications

Product Families	Applications
Oracle Financials	GL,AP,AR,CM,FA etc
Oracle Supply Chain Management (SCM)	Oracle Purchasing (PO)
	Oracle Inventory (INV.)
	Oracle Order Management (OM)
Oracle Human Capital Management (HCM)	Oracle Core HR
	Oracle Payroll
	Oracle Talent Management
Oracle CRM
Oracle Projects

5. What is ERP?

• Enterprise Resource Planning
• Establish the communication between different applications

6. Oracle Applications Versions

• 11i (i-internet): started version; (Stopped, they are not selling it to clients, but some big companies are still using)

• R12 (R-release): More than 90% clients are using.

• Fusion Applications 11g g-generation): Oracle choose the best solutions for each product families, from other ERP products in the market, and combined them to one.
  For example: Financial from Oracle & HRMS from Peoplesoft

7. Oracle Functional Consultant Job?

• Requirement Gathering

• System Configuration

• Train Business Users

• Support