Introduction

Ask yourself these questions about your Oracle Financials Implementation:

• Are there ongoing issues which prevent us from being confident with reconciling our financial data?
• Are we using the most efficient business processes for the software?
• Are we using all of the functionality that we could?
• Do we know how to effectively use what we already have?
• Do we know what other functionality could be leverage within the applications to improve our business processes?
• Would an upgrade to a later release give us any benefits?
• Can we safely upgrade or extend the existing Financial application modules?
• How can we get reliable answers to these questions?
• Do we have suitable, accurate and intelligent reporting of our financial data?

Projected Consulting firmly believe that we can help you get clear answers to these questions through our fixed price Oracle Financials Health check service. Projected Consulting have a team of subject matter experts who have vast experience with working on Oracle Financial application implementations. 

Business Benefits

Our health check is carefully focussed on identifying the obstacles that inhibit the full realisation of business benefit in an Oracle Financials installation and then sets out a clear road map by which these obstacles may be overcome.

Key Benefits 

• Identify any "sub-optimal" aspects of the implementation
• Identify areas of Oracle Financials that are not fully understood and so impair effective use.
• Suggest where extending the use of functionality and/or other Oracle applications could offer benefits
• Identify any quick wins that could be made with minor enhancements in system set-up and/or processes
• Assess the impact of upgrading or expanding your Oracle Financials footprint

Other Benefits 

• Suggest where improvements could be made to enhance financial control and reporting information available.
• Suggest particular areas for additional training.

Service Overview

Implementation Approach

Our Health Check is made up of these short phases:

Discovery: Our consultants then carry out a functional review of the major business processes and the related Oracle Financials application implementation configuration. This discovery phase seeks to identify any additional related issues, “pain points” and bottlenecks. Our team will then seek out the root cause in implementation terms of all issues.

Gap Analysis: We can then compare the existing applications configuration with the desired business processes and identify any gaps between the two. These gaps are the main obstacles to realising the full benefit and potential that could be enjoyed by the use of Oracle Financials.

Report: In this last phase we produce an outline time-phased road map showing what steps need to be taken to eliminate or significantly close the gaps, highlighting those areas where the greatest benefit may be achieved. The steps required may include:

• Configuration changes
• Amendments to business processes
• Use of additional modules
• Additional training
• Use of complementary Oracle or third-party products
• Increased and enhanced reporting


Business Processes and Application Modules

Our Financials consultants have the skills to examine during in a health check, the use of any of the Oracle Financial application modules listed below:

We will also look at the standard integration between the Oracle Financial application and other Oracle modules. Consideration of the organisation model, accounting setup and security will also be given with a high level review of all other financial applications used within the business where appropriate. This will include new R12 applications such as Payments and E-Business Tax.

Costs and Timescales

Projected Consulting Scope Sheet Financials Health Check

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