Modern Erp v09 PDF

Your Complete Guide
to Modern ERP
A Handbook for Today’s Innovative
Business Leaders
Handbooks for the Modern Enterprise | Volume 1 | Second Edition

Table of Contents
Overview
The Clear Imperative to Modernize to ERP 2.0 page 04
Research shows that legacy ERP 1.0 systems were not designed for 04 Assessing Cloud ERP Results after Deployment
When you are finished crafting a strategic and
page 20
usability and insight. More than three quarters of business leaders say comprehensive ERP modernization strategy, with carefully
their current ERP system doesn’t... documented KPIs, you have the baseline for assessing...
01 Now is the Right Time to Modernize Your ERP

There is no argument that ERP 1.0 systems deliver
page 08
05 Why Oracle is Your Best Choice for Modern
ERP Cloud page 22
significant horsepower to run your organization, set Oracle delivers a single ERP cloud that is enterprise-grade
customer experiences, and directly impact how you fare... and ready to grow your business today. It’s built upon a...
02 Characteristics of Today’s Modern ERP page 12

No matter which inflection point represents your
Summary
Your Journey to the Oracle Cloud Starts Today page 24
organization, there are characteristics you must consider
Oracle’s global sales team and partners are ready to get you started on
when you undertake ERP modernization.
your journey to ERP 2.0 – the modern ERP cloud that is rapidly becoming
the foundation for business...
03 How Companies Deploy Modern ERP Systems

As you plan your modern ERP strategy, you should pull
page 16
together a deployment team that includes potential partners

as well as vendors. Consider the following elements of...
02 Your Complete Guide to Modern ERP Table of Contents 03

59%
The Clear Imperative for
Cloud Applications
Research shows that legacy ERP 1.0 systems were not
Of global companies report being
designed for usability and insight. More than three burdened by ERP landscape complexity
quarters of business leaders say their current ERP which creates challenges in their:
system doesn’t meet their requirements, let alone future
plans.1 These systems lack modern best-practice IT systems
capabilities needed to compete and grow. To enable
Business processes
today’s data-driven organization, the very foundation
from which you are operating needs to be Company policies
re-established; it needs to be “modernized”.
Governance models
Oracle’s goal is to help you navigate your own journey
to modernization by sharing the knowledge we’ve Data management1
gained working with many thousands of customers
using both legacy and modern ERP systems. To that end, 1Source: “ERP Complexity vs. Business Growth: Global
we’ve crafted this handbook series outlining the Companies Facing a Rough Road”, APQC 2015.
fundamental characteristics that define modern cloud
enterprise applications.
04 Your Complete Guide to Modern ERP Overview 05

From ERP 1.0 to ERP 2.0 Business-critical collaboration and decision making
depends upon both enterprise data access and
The rapid evolution of the cloud has dramatically altered
analysis, and modern ERP systems deliver the
the ERP landscape for companies of all sizes. Coupled
infrastructure and tools required to do the job.
with mobile platforms, our work anywhere/anytime
culture requires modern cloud-based ERP systems not The world is far more complex and competitive than
tied to yesterday’s back office, on-premises when ERP 1.0 first arrived on in-house mainframes.
environments. This next generation of ERP, or “ERP Finance and technology are inexorably linked, as
2.0,” builds upon the formidable history of “ERP 1.0,” growing volumes of data drive not just operations
but eliminates the need for multi-year projects and and reporting, but critical business decisions.
heavy customization. Aligning ERP 2.0 with a company’s people and
products delivers digitally enabled business agility,
From On-Premises ERP 1.0 which translates into greater operational and
to Cloud ERP 2.0 sales success.
Learn More
ERP 2.0 delivers solutions rapidly through the cloud Remember these?
PAPER BOARDING Read More
so organizations can respond quickly to volatile markets AIRLINE TICKET PASS
and industry disruption, while supporting

next-generation employees with security, insight
and agility.

Close
From On-Premises ERP 1.0 to Modern Cloud ERP 2.0

From ERP 1.0 to ERP 2.0
The Back Office Evolution from Yesterday’s Mainframe to Today’s
Business-critical Cloud and decision making
collaboration
The rapid evolution of the cloud has dramatically altered depends upon both enterprise data access and
the ERP landscape for companies of all sizes. Coupled analysis, and modern ERP systems deliver the
with mobile platforms, our work anywhere/anytime infrastructure and tools required to do the job.
culture requires modern cloud-based ERP systems not The world is far more complex and competitive than
heavy customization.
ERP 2.0
Aligning ERP 2.0 with a company’s people and
ERP splits off functions like HCM
ERP 1.0 ERP 1.0+
products delivers digitally enabled business agility,
From On-Premises ERP 1.0 On-Premises Enterprise which and offers infrastructure for cloud
Core ERP 1.0 extended
translates into greater operational and
MRP to Cloud ERP 2.0
MRP II solutions to co-exist.
Resource Planning with
sales supply chain, expense
success.
Learn More
Inventory Material Manufacturing deployment with management and more, Digital technologies
control Requirements Requirements extensive customization making implementations fundamentally change how users
packages. Planning. Planning. of business processes. larger and more costly. engage with applications.
Wall phones to smartphones
ERP 2.0 delivers solutions rapidly through the cloud
A remarkably rapid transition
so organizations can respond quickly to volatile markets
Read More
1960s next-generation
1970s employees with security, insight
1980s 1990s 2000s 2010s
and agility.Mid Range
Mainframe Client-Server Internet Service Oriented Cloud, Mobile,
Computing Computing Computing Computing Architecture Social, Analytics

Close
From ERP 1.0 to ERP 2.0 Business-critical collaboration and decision making
The rapid evolution of the cloud has dramatically altered depends upon both enterprise data access and
the ERP landscape for companies of all sizes. Coupled analysis, and modern ERP systems deliver the
with mobile platforms, our work PAPER
anywhere/anytime BOARDING infrastructure and tools required to do the job.
PASS
culture requires modern cloud-basedAIRLINE TICKET
ERP systems not The world is far more complex and competitive than
Paper Airline Tickets. Remember Those?
heavy customization. Remember when purchasing airline tickets meant working
Aligning with
ERP a travel
2.0 withagent to
a company’s people and
determine times and fares, and then physically picking up printed
products deliverstickets? Losing
digitally enabled business agility,
your
Frompaper ticket was
On-Premises ERPa1.0
big problem, so you kept track
whichof translates
it like it was cash.
into greater operational and
to Cloud ERP 2.0
sales success.
Today the process is one hundred percent digital, starting with researching fares,
Learn More
to purchasing tickets, to using your smartphone as a boarding pass. So, from
ticket acquisition to real-time flight updates, it’s all in the cloud.
Don’t remember when you last used paper airline tickets? That means you are a Wall phones to smartphones
ERP 2.0 delivers solutions rapidly through the cloud
digital native and ready for ERP Cloud 2.0. A remarkably rapid transition
so organizations can respond quickly to volatile markets
Read More
next-generation employees with security, insight
and agility.

Chapter 1: Digital Transformation—Today’s users demand a level of
02
02 collaboration and ease not previously expected from
Now is the Right Time to on-premises solutions. In addition, their expectations for ERP
Modernize Your ERP systems reflect the ubiquity of digital technology in their lives.
They also require a single source of truth that cascades all
operational functions; real-time analytics with customized
T here is no argument that legacy ERP 1.0 systems deliver

significant horsepower to run your organization, set customer
role-based dashboards, plus mobile access, with social
collaboration – all with ease and speed in upgrades.
experiences, and directly impact how you fare against competitors.
Learn from Djamel Benallal Head, Finance Group Solutions,
However, you need to consider the technological and generational
Orange Telecom
changes taking place in your business and how your current
on-premises environment could be holding you back. Regardless of
Growth and Confidence—Growth is often synonymous with
business size, there are three key inflection points where the need to 03
global expansion, increasing financial complexity with distinct
modernize becomes apparent; most organizations are experiencing at
accounting, reporting and compliance requirements. Add in
least one point today:
acquisitions, divestitures, new markets, customer growth or IPO
preparations, and the need to model these opportunities and
Operational Efficiency—Does your current ERP support your
01 operational goals? Consider if you’ve acquired a company using
their impacts requires having the right systems with processes
in place to support increased regulatory scrutiny.
a different ERP; your legacy ERP is in need of an upgrade; you’re
launching a subsidiary; or you’re moving to a shared-services Learn from Jeff Wollen, CIO, Wiggle
model. If you are faced with any of these scenarios, achieving
operational efficiency has become a priority; therefore, ERP
Whichever inflection point describes your organization, you
modernization needs to be part of the conversation.
need a modernization strategy that fits your needs, culture, budget,
Learn from Robert Loreto, Sr Director IT, Qualcomm
and timeline. Acknowledging where your current ERP does not
support your business objectives is the first step in your ERP
modernization journey.
08 Your Complete Guide to Modern ERP Chapter 1: Now Is the Right Time to Modernize Your ERP 09
02
Close
T here is no argument that legacy ERP “When

1.0 systems deliver
the cloud came, with the fast
implementation, and standardization,
speeddashboards,
role-based of
non-custom,
collaboration
plus mobile access, with social
– all with ease and speed in upgrades.
no back office, we knew the ROI was there
Quote: … we
Tim Regan, VP Finance and Corporate Controller, Pandora
changes taking place in your business andimproved controls, innovated, and delivered cost
how your current
on-premises environment could be holding efficiency” to Qualcom’s
you back. Regardless of business in 11 countries.
business size, there are three key inflection points where the need to 03 Growth and Confidence—Growth is often synonymous with
—Robert Loreto, Sr Director IT global expansion, increasing financial complexity with distinct
Qualcomm accounting, reporting and compliance requirements. Add in
01 operational goals? Consider if you’ve acquired a company using Video: Qualcomm their Innovates
impacts requires having the right systems with processes
and Charges
into Oracle ERP
in Cloud
place to support increased regulatory scrutiny.
launching a subsidiary; or you’re moving to a shared-services Quote: Tyler Chapman, Director of Finance, Lumosity
Quote: Stacy Pearson, VP Finance and Administration, and timeline. Acknowledging where your current ERP does not
Boise State University
02
Close
T here is no argument that legacy ERP “Digital

1.0 systemsacceleration
deliver
means progress
everyone—customers and our back
for dashboards, plus mobile access, with social
role-based
office—so
collaboration we
– all with ease and speed in upgrades.
decided to move to cloud... cost is Quote: reduced 50 VP Finance and Corporate Controller, Pandora
Tim Regan,
changes taking place in your business andpercent… but transformation of the company is now
how your current
on-premises environment could be holding the key
you back.driver rather
Regardless of than cost.”
—Djamel Benallal Head, Finance Group Solutionsglobal expansion, increasing financial complexity with distinct
Orange Telecom accounting, reporting and compliance requirements. Add in
01 operational goals? Consider if you’ve acquired a company using Video: Global their impacts
French telecorequires
company having the right systems with processes
cuts finance management costs increased regulatory scrutiny.
in place to support
a different ERP; your legacy ERP is in need of an upgrade; you’re by 50 percent.
02
Close
T here is no argument that legacy ERP “We1.0 systems

are adeliver
company in high hyper-growth
role-based–dashboards,
in size every 18 months. You wantcollaboration
doublingplus mobile access, with social
scalability–and all with ease and speed in upgrades.
someone who can support the journey Quote: with you.
Tim Regan, VP Finance and Corporate Controller, Pandora
changes taking place in your business andFrom ideas
how your in slides to go-live was five and half
current
on-premises environment could be holding months.
you back.I Regardless
defy anybody
of to go faster than that.”
—Jeff Wollen, CIO, global expansion, increasing financial complexity with distinct
Wiggle accounting, reporting and compliance requirements. Add in
01 operational goals? Consider if you’ve acquired a company using Video: Pure Play their impacts
Online requires
Sports having the right systems with processes
Retailer
Wiggle Growsinwith Oracle
place to support increased regulatory scrutiny.
Top 10 Signs it is Time for
Modern ERP 2.0.

You need modern ERP when one or more of these
conditions are present:
01 ERP Upgrade Required—Your on-premises system requires 06 More Non-Integrated Systems and Disparate Data—Growth
an expensive project as it ages past support dates. in disconnected systems and enterprise data give conflicting
answers to key questions.
02 Usability Dissatisfaction Increases—Employees complain 07 Rapid and Global Company Growth—International

about usability and ask why their ERP isn’t like expansion, acquisitions, and core market growth are
smartphone apps. hampered by your ERP.
03 Reporting Challenges Increase—Management reporting is 08 New Compliance Requirements—Increasing financial and

too cumbersome because of ERP 1.0 limitations. compliance requirements impact your enterprise.
04 ERP Requires New Hardware—Physical ERP 1.0 09 Business Demands Increase—Your business cannot keep up
infrastructure is past due for an expensive with increasing demands.
capital replacement.
05 ERP Maintenance Costs Increasing—System fees and 10 Time for an IPO—You are ready for a public offering which
services costs increase annually. mandates stringent financial information and controls.
Chapter 2: Personalization (not customization)—With ERP 1.0,
03
non-standard or customer specific business practices resulted
Characteristics of Today’s in customizations increasing downstream maintenance and
Modern ERP upgrade challenges. Cloud-based solutions built on a

standards-based platform offer personalization and
configuration within the application resulting in “upgrade
N
o matter which inflection point represents your organization,
safe” enhancements. If your on-premises customizations fall
there are key components of a modern ERP that should address
into areas such as workflows, integrations and reporting, there
the top concerns most companies have when considering a move to
is a good chance your requirements will be addressed by
the cloud. There are seven components that fall into two categories –
cloud-based solutions.
modern platform parameters and modern business application design.
Together, seven components define the standards of a modern ERP. In addition, modern cloud applications should scale with your
To establish a foundation for agility and growth, these three platform business and support the latest digital technologies to meet the
components should be considered: needs of your business, so should exhibit the following four
design components:
Security—Your business data is your business. It needs to be in

01 Completeness—Built-in best practices permit standardization,
a physically isolated environment to mitigate risk, but you also 04
which lowers costs and increases productivity. Even if your
want cloud advantages including hardware resource pooling
cloud transition is incremental, access to a complete suite of
and rapid elasticity to support rapid growth.
integrated best practice business processes delivers enterprise
Integration—ERP cloud solutions must seamlessly connect your standardization. Consider whether a cloud ERP vendor
02 business, people and processes. Your solution must also supports a full suite of applications or if integration to other
connect to other clouds, to your on-premises ERP 1.0 systems, cloud solutions will be required. If you initially select a hybrid
and to third-party solutions. Consider whether a solution uses a cloud/on-premises model – a common operational option
common framework based on industry standards to ensure – who ensures integrations between on-premises and
compatibility and scalability. cloud applications?
12 Your Complete Guide to Modern ERP Chapter 2: Characteristics of Today’s Modern ERP 13
Close
Chapter 2: Personalization (not customization)—With ERP 1.0,
03
non-standard or customer specific business practices resulted
Characteristics of Today’s in customizations increasing downstream maintenance and
Modern ERPCommon Cloud Concerns upgrade challenges. Cloud-based solutions built on a

standards-based platform offer personalization and
It’s normal to feel reluctant about moving on-premisesconfiguration
ERP to the cloud. After
within the application resulting in “upgrade
N all, itpoint
tookrepresents
years andyour
extensive resources to deploy your current system. If your on-premises customizations fall
o matter which inflection organization,
safe” enhancements.
there are key components of a modern ERP that should address
into areas such as workflows, integrations and reporting, there
the top concerns most companies have Is thewhen
cloud secure? a move to
considering
is a good chance your requirements will be addressed by
the cloud. There are seven components that fall into two categories –
cloud-based solutions.
modern platform parameters and modernCan cloud and on-premises
business solutions be integrated?
application design.
Together, seven components define the standards of a modern ERP. In addition, modern cloud applications should scale with your
To establish a foundation for agilityWhat about expensive
and growth, these three customizations
platform that currently
business supportthe
and support our business?
latest digital technologies to meet the
components should be considered: needs of your business, so should exhibit the following four
Will a cloud implementation take too much time
design and cause major disruption?
components:
Security—Your business data is your business. It needsimprove

to be in reporting and analytics from what I have today?
01 How do cloud solutions
a physically isolated environment to mitigate risk, but you also 04 Completeness—Built-in best practices permit standardization,
which lowers costs and increases productivity. Even if your
want cloud advantages including hardware resource pooling
Will user adoption and change management incloud the cloud be difficult?
transition is incremental, access to a complete suite of
and rapid elasticity to support rapid growth.
integrated best practice business processes delivers enterprise
Integration—ERP cloudThe solutions
answersmustyou seamlessly
want to these questions
connect standardization.
your align with the key components Consider whether a cloud ERP vendor
of modern
02 business, people and ERP systemsYour
processes. andsolution
cover every aspect —from architecture
must also supports a full suite of applications
and infrastructure, to adoption or if integration to other
and security.
connect to other clouds, to your on-premises ERP 1.0 systems, cloud solutions will be required. If you initially select a hybrid
and to third-party solutions. Consider whether a solution uses a cloud/on-premises model – a common operational option
common framework based on industry standards to ensure – who ensures integrations between on-premises and
compatibility and scalability. cloud applications?
Globalization—Entering emerging markets and new
05
geographies creates complexity by requiring any ERP cloud
solution to support multiple subsidiaries and country
On-Premises ERP 1.0
localizations. Often, local data centers must comply with data
residency requirements. The right cloud ERP must enable vs Cloud ERP 2.0
sharing of enterprise information seamlessly across operations,
business units and headquarters.
Click here to compare On-Premises ERP 1.0
Insight-Driven Analysis—ERP cloud solutions must have secure, vs. Cloud ERP 2.0
06
real-time data access at its financials core to provide a single
source of truth across roles, reports and analysis. This ensures
timely delivery of accurate KPIs to front-line managers, and
dramatically simplifies a process once dependent on a period
close or a separate data warehouse extract.
Digital Capabilities—For the modern back office, digital

07
technologies must be integrated into business processes and
transactions to create a seamless, productive and intuitive Did you know?
experience. The user experience needs to be engaging and Procure to Pay/Paper to Digital
include mobile accessibility for on-the-go employees, native
59% of all invoices are paper-based.
social integration for secure in-context collaboration, and
out-of-the-box optical character recognition for invoice imaging. Paper invoices are 60% more expensive to process
than electronic invoices.
Source: Aberdeen Group
On-Premises ERP 1.0 vs Modern Cloud ERP 2.0
Comparing Financial Models and Costs of Ownership
On-Premises Cloud
ERP 1.0 ERP 2.0
Business Financial Model. Capital expenses for on-premises ERP systems divert Cap-Ex Op-Ex
funds from important business growth needs and often incur taxes. Up-front Purchase Monthly Subscription
ERP Software. On-premises software requires up-front purchase and taxes; cloud
ERP leverages operational expenses month to month.
$
ERP Software Maintenance. On-premises ERP requires annual maintenance fees to

be current with security fixes, critical patches, and updates.
$
Hardware for ERP Software. On-premises ERP requires additional capital expenses;
hardware typically needs physical uplift every 3 to 5 years.
$
Hardware Maintenance. On-premises ERP hardware often requires annual

maintenance fees or contracts, high-cost space, utilities, and staff.
$
All Included.
No additional
Database for ERP Software. On-premises ERP systems need an on-premises or hidden costs.
database which often requires staff and contractors for deployment.
$
Database Maintenance. On-premises ERP requires annual maintenance fees and

staff to keep the ERP database secure, current, and optimized.
$
System Upgrades. On-premises ERP system upgrade projects cost $100K to over
$1m per project every 3 to 5 years for software and hardware.
$
System Security. All on-premises ERP systems have additional costs for security
software and monitoring with staff to monitor and maintain.
$
System Disaster and Recovery. All on-premises ERP systems have large costs for
disaster and recovery plans, infrastructure, services, staff, and redundancy.
$
Other Important Factors
IT Resources for ERP Deployment and Management Many Minimal

Required for customizations, integrations, reporting, maintenance, upgrades, and Direct, subcontractor, For business optimization
partner/subcontractor management. and partner resources. and user assistance.
Deployment Speed * 1 to 2 or more 3 to 6

Length of time for project planning and deployment. years months
* Speed is dependent upon scope of implementation and may vary. Numbers presented are comparative for typical projects.
Chapter 3: Get Strong Executive Sponsorship—Regardless of company
03
size, executive sponsorship is critical. You need continuous
How Companies Deploy executive support throughout your entire project. Coupled
Modern ERP Systems with ongoing employee communication, highlighting

leadership commitment to your new cloud ERP system will help
drive success.
A
s you plan your modern ERP strategy, you should pull together a
deployment team that includes potential partners as well as Select an Implementation Approach Aligned to the
vendors. Consider the following elements of a modernization strategy, 04
Organization—A journey to cloud ERP will vary by customer,
which apply regardless of technology and market size: and does not require deploying cloud ERP applications
simultaneously. Many companies choose to incrementally
Clearly Define Project Goals—Establish KPIs that measure
01 adopt high value cloud services that will exist alongside their
business benefits such as productivity, financial close speed, on-premises solutions, resulting in a hybrid environment.
and infrastructure costs. Measurable items build project While other companies start a modernization journey with
consensus and approval, keep track of your strategy build, and core ERP applications, building towards a complete
provide a baseline to assess success at milestones. end-to-end transformation.
Document Processes and Inventory Systems—Map your 5 Key Benefits of ERP in the Cloud
02 Learn More
complete IT infrastructure, including internal and third-party
solutions and their integration points, plus redundant systems.
Include your organizational structure to understand roles in
conjunction with data ownership, management and use. It is
also critical to define a single source of truth strategy before
starting your project.
16 Your Complete Guide to Modern ERP Chapter 3: Assessing Cloud ERP Results after Deployment 17
Close
Close
ERP Journey to Cloud

Chapter 3: Get Strong Executive Sponsorship—Regardless of company
03
size, executive sponsorship is critical. You need continuous
How Companies Deploy executive support throughout your entire project. Coupled
Modern ERP Systems with ongoing employee communication, highlighting

leadership commitment to your new cloud ERP system will help
drive success.
N
s you plan your modern ERP strategy, you should pull together a
deployment team that includes potential partners as well as Select an Implementation Approach Aligned to the
vendors. Consider the following elements of a modernization strategy, 04
Organization—A journey to cloud ERP will vary by customer,
which apply regardless of technology and market size: and does not require deploying cloud ERP applications
Clearly Define Project Goals—Establish KPIs that measure

Grow Profitability
simultaneously. Many companies choose to incrementally
01 adopt high value cloud services that will exist alongside their
business benefits such as productivity, financial close speed, on-premises solutions, resulting in a hybrid environment.
and infrastructure costs. Measurable items build project While other companies start a modernization journey with
consensus and approval, keep track of your strategy build, and Strategic Planning and Budgeting
core ERP applications, building towards a complete
provide a baseline to assess success at milestones. end-to-end transformation.
02 Oracle Cloud
Document Processes and Inventory Systems—Map your
complete IT infrastructure, including internal and third-party
solutions and their integration points, plus redundant systems.
Optimize and Consolidate
ERP Journey to the Cloud
Learn More
Include your organizational structure to understand roles in

conjunction with data ownership, management and use. It is Gain Transparency
also critical to define a single source of truth strategy before
starting your project.
Core transformation at GL
Embrace Standard Best Practices Present in the
05 Application—Modern best practices are built into cloud
applications, so you can replace legacy software along with
outdated processes and approaches. ERP 2.0 delivers more than
80 percent of common business processes you need with
built-in standardization – the perfect place to start your project.
Study Reporting and Analytics Early—With cloud ERP, users

06
understand your business in real time, with advanced
multidimensional analysis and data visualization providing
insights quickly with no reliance on a data warehouse. Define
reporting and analytics needs early in the project plan. Once
live, you can quickly generate meaningful reports.
Involve Users and Process Owners from the Start—End users of

07
ERP systems determine the success of your project. Throughout
your implementation, include demonstrations and tests at
regular intervals.
With your strategy and roadmap in place, solution choices made and
partner selection that supports your vision, you are ready to execute.
Now it is time to plan a party…really. Moving your organization to a
cloud ERP, even using small, incremental steps, will fundamentally
change the way your people work. Celebrate the launch to
nurture everyone’s commitment and celebrate again when milestones
are reached.
Chapter 4: For meaningful results, incorporate holistic measures related to these
factors into your KPIs connected back to your original business case.
Assessing Cloud ERP Whatever your path, it’s important to craft a business case to justify
Results after Deployment your approach. Leverage resources that help you understand cloud
technologies, the positive impact they can deliver, and the financial
advantages of modern cloud ERP 2.0.
W
hen you are finished crafting a strategic and comprehensive
ERP modernization strategy, with carefully documented KPIs,
you have the baseline for assessing your business value results: you
simply need to look back in order to look ahead.
When establishing KPIs, be realistic about measurement methods and

values. Document status quo metrics upon implementation kick-off
and set realistic intervals to assess results. A cloud platform makes it
Non-Technology Factors Drive Success
Four factors besides technology directly influence the success
easier to configure features so action can be taken quickly based on
of every cloud ERP project.
assessment data.
Always establish baselines for priorities in a maturity model mapped

to your organization by assessing and quantifying your status against People Governance
goals. For example – a goal may be to reduce account receivables Consensus shapes Proactive guidance
clear customer strategy lowers risk and cost
through rapid, automated invoicing with faster close and reporting
processes, plus reduced IT costs. But a comprehensive assessment is
not just about the technology. People, governance, process and
strategy are also key factors for success. Process Strategy
Updated processes Proactive involvement
deliver desired results drives adoption
Chapter 5:
02 Modern Best Practice-Based Applications
Why Oracle is Your Best ERP cloud applications combine modern technology,
best practices and connectivity with knowledge from
Choice for Modern ERP Cloud decades of on-premises ERP.
21st Century Global Accounting
O
racle delivers a single ERP cloud that is enterprise-grade
and ready to grow your business today. It’s built upon a Embedded Analytics and Reporting
robust union of platform, applications and approach utilizing Native Social Collaboration
financial, procurement, project portfolio, and enterprise User Experience
performance management.
Our platform and applications characteristics are: 03 Modern Innovative Approach

There is economic benefit when you modernize ERP in the
01 Modern Standards-Based Platform cloud. Oracle and its partners offer tools to determine the
Oracle leverages this fundamental, up-front design financial advantages of a cloud ERP project and services to
principle to deliver: ensure a successful implementation.
ROI Calculator
Security and Scalability
Finance Self-Assessment Tool
Integration and Connectivity
Guide, Plan and Stage (GPS) process with
Personalization
Oracle Consulting
Business Developement Tools
Cloud Marketplace Partner Solutions
Global Capabilities
In fact, Oracle ERP Cloud affords customers substantial savings in an
operating expense rather than capital expense model.
22 Your Complete Guide to Modern ERP Chapter 5: Why Oracle is Your Best Choice for the Modern ERP Cloud 23
Close
Chapter 5:
02 Modern Best Practice-Based Applications
Oracle Cloud GPS:
Why Oracle is Your Best ERP cloud applications combine modern technology,
best practices and connectivity with knowledge from
Choice for Modern ERP Cloud
Guide, Plan and Stage
decades of on-premises ERP.
21st Century Global Accounting

racle delivers a single ERP cloud that is enterprise-grade
and ready to grow your business today. It’s built upon a Embedded Analytics and Reporting
robust union of platform, applications and approach utilizing Native Social Collaboration
financial, procurement, project portfolio, and enterprise User Experience
performance management.
Our platform and applications characteristics are: 03 Modern Innovative Approach

There is economic benefit when you modernize ERP in the
Modern Standards-Based Platform
Oracle Cloud
cloud. Oracle and its partners offer tools to determine the
Oracle leverages this fundamental, up-front design financial advantages of a cloud ERP project and services to
principle to deliver: ensure a successful implementation.
ROI Calculator
Security and Scalability
Guide
Integration and Connectivity Plan Stage Guide, Plan and Stage (GPS) process with
Oracle Consulting
Define Scope and Strategy.
Personalization From Current State Architect Cloud Design.
Cloud Marketplace
See Features and Functions. to Opportunities. Set Timelines and Budgets.
Business Developement Tools
Global Capabilities In fact, Oracle ERP Cloud affords customers substantial savings in an
operating expense rather than capital expense model.
22 Your Complete Guide to Modern ERP Chapter 5: Why Oracle is Your Best Choice for the Modern ERP Cloud 23
Your Journey to the
Oracle Cloud Starts Today
E
very organization can leverage the Oracle Cloud. Our sales teams
and partners will get you started on your journey to the modern
cloud that is the foundation for growth and success. Plus, if you are
already an Oracle on-premises applications customer, consider
Oracle’s unique Customer 2 Cloud program.
Cloud Demos Request a Live Demo

One Oracle Cloud
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Your Complete Guide

Handbooks for the Modern Enterprise | Volume 1 | Second Edition

01 Now is the Right Time to Modernize Your ERP

02 Characteristics of Today’s Modern ERP page 12

03 How Companies Deploy Modern ERP Systems

together a deployment team that includes potential partners

02 Your Complete Guide to Modern ERP Table of Contents 03

04 Your Complete Guide to Modern ERP Overview 05

and industry disruption, while supporting

06 Your Complete Guide to Modern ERP Overview 07

From On-Premises ERP 1.0 to Modern Cloud ERP 2.0

06 Your Complete Guide to Modern ERP Overview 07

06 Your Complete Guide to Modern ERP Overview 07

T here is no argument that legacy ERP 1.0 systems deliver

T here is no argument that legacy ERP “When

T here is no argument that legacy ERP “Digital

T here is no argument that legacy ERP “We1.0 systems

Modern ERP 2.0.

02 Usability Dissatisfaction Increases—Employees complain 07 Rapid and Global Company Growth—International

03 Reporting Challenges Increase—Management reporting is 08 New Compliance Requirements—Increasing financial and

Modern ERP upgrade challenges. Cloud-based solutions built on a

Security—Your business data is your business. It needs to be in

Modern ERPCommon Cloud Concerns upgrade challenges. Cloud-based solutions built on a

Security—Your business data is your business. It needsimprove

Digital Capabilities—For the modern back office, digital

ERP Software Maintenance. On-premises ERP requires annual maintenance fees to

Hardware Maintenance. On-premises ERP hardware often requires annual

Database Maintenance. On-premises ERP requires annual maintenance fees and

Other Important Factors

IT Resources for ERP Deployment and Management Many Minimal

Deployment Speed * 1 to 2 or more 3 to 6

Modern ERP Systems with ongoing employee communication, highlighting

ERP Journey to Cloud

Modern ERP Systems with ongoing employee communication, highlighting

Clearly Define Project Goals—Establish KPIs that measure

Include your organizational structure to understand roles in

Study Reporting and Analytics Early—With cloud ERP, users

Involve Users and Process Owners from the Start—End users of

When establishing KPIs, be realistic about measurement methods and

Always establish baselines for priorities in a maturity model mapped

21st Century Global Accounting

Our platform and applications characteristics are: 03 Modern Innovative Approach

21st Century Global Accounting

Our platform and applications characteristics are: 03 Modern Innovative Approach

Cloud Demos Request a Live Demo

Customer 2 Cloud1 Call Oracle Sales

1 For Oracle JDE, PeopleSoft and E-Business Suite ERP Customers

Volume 1: The Modern ERP Handbook

Volume 2: The Modern Finance Handbook

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