Oracle Cloud Financials Vs R12

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Oracle Cloud Financials Vs R12

Oracle Cloud Financials and Oracle E-Business Suite (R12) are two distinct financial management solutions offered by Oracle. Each has its own set of advantages, and the choice between them depends on an organization’s specific needs, preferences, and circumstances. A comparison of Oracle Cloud Financials and Oracle E-Business Suite (R12) based on key aspects:
 

1. Deployment and Hosting:

  • Oracle Cloud Financials: It is a cloud-based solution, meaning it is hosted on Oracle’s cloud infrastructure. This eliminates the need for on-premises hardware and allows for scalability and accessibility from anywhere with an internet connection.
  • Oracle E-Business Suite (R12): R12 is typically deployed on-premises, which means organizations need to manage their own hardware infrastructure and data centers. However, there is an option to host it in a third-party cloud or as part of Oracle’s Cloud at Customer offering.

2. Cost Model:

  • Oracle Cloud Financials: It follows a subscription-based pricing model, where organizations pay based on usage and the number of users. This can be cost-effective for smaller organizations or those looking to avoid large upfront capital expenditures.
  • Oracle E-Business Suite (R12): It often involves significant upfront costs for hardware, licensing, and implementation. However, it may be cost-effective for large enterprises with specific customization requirements.

3. Maintenance and Upgrades:

  • Oracle Cloud Financials: Oracle manages maintenance, updates, and upgrades, ensuring that organizations always have access to the latest features and security patches without the need for significant IT involvement.
  • Oracle E-Business Suite (R12): Organizations are responsible for maintaining and upgrading their on-premises R12 installations, which can be resource-intensive and require careful planning.

4. Customization and Flexibility:

  • Oracle Cloud Financials: While it offers flexibility for configurations and extensions, extensive customization options may be limited compared to on-premises solutions. Oracle encourages organizations to adopt best practices and configurations.
  • Oracle E-Business Suite (R12): R12 provides a high degree of customization and flexibility, allowing organizations to tailor the system to their specific needs. However, this flexibility can also lead to more complex implementations.

5. Integration and Extensibility:

  • Oracle Cloud Financials: It offers modern integration capabilities and supports Oracle Cloud Platform services for extensibility and development.
  • Oracle E-Business Suite (R12): Integration can be complex, but R12 offers various tools and technologies for custom extensions and integrations.

6. User Experience:

  • Oracle Cloud Financials: It features a modern and intuitive user interface, designed to enhance user experience and productivity.
  • Oracle E-Business Suite (R12): The user interface may be considered less modern and user-friendly compared to cloud-based solutions.

7. Regulatory Compliance and Localization:

  • Oracle Cloud Financials: It is updated to comply with regional regulations and standards, making it suitable for international organizations.
  • Oracle E-Business Suite (R12): R12 has been deployed globally and has extensive localization capabilities for different regions.

 

Demo Day 1 Video:

 
You can find more information about Oracle Fusion Cloud application in this Oracle Docs Link

 

Conclusion:

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