Expense management and processing is an important function of any organization. While employees demand the best possible experience with the internal business applications, yet, many times the information is scattered and disparate across HCM, ERP and expense management solutions.
Organizations are constantly looking to provide minimal data entry experience for the employees on the field and avoid data challenges at the back end. A fully integrated solution can alleviate the pains for the employees and backend operations to make this a comfortable experience.
- Before going with integration project, evaluate Oracle Expenses Cloud Vs Concur. Every organization has different situation there is no right or wrong answer. The decision will be completely based out of organization’s needs and their IT footprint. Oracle Expenses Cloud have built in integrations with other Oracle Cloud applications.
- Understand the intercompany implications and how customer want to design the solution around it. There are few alternatives available.
- Determine how customer wants to handle International employees and currencies.
- Your ERP system footprint – Oracle On-Prem or Cloud
- Security and encryption considerations
- Integration platform – there are many options. Customer may have some preferences already in place
- Professional services organization will have extra needs to consider including project codes
Solution and Approach
Depending on the application footprint of the customer. Following are some of main integrations required to be in place at the minimum assuming
- HCM integration for employee master
- Payables integration from Concur to Oracle
- Journal upload to GL
- Currency exchange rates
- Professional services (Projects Details)
Business ChallengesSome of the key business challenges include:
- Master data discrepancies
- Right charge accounting
- Payments processing for the employees
- Intercompany charges
- Longer approval cycles
- Roadmap and Advisory
- Implementation of Oracle Cloud
- Implementation of the integration with Concur
- Integration Architecture and Platform Implementation including – Dell Boomi, Oracle Integration Cloud and Oracle SOA Cloud
Why should you choose Jade?
- Several Oracle to Concur integration success stories
- Deep expertise in Oracle Cloud and EBS with over 100 implementations
- Strong integration practice with Oracle, Dell Boomi, Mulesoft and Jitterbit services
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