Friday Nov 07, 2014

Fusion Applications Security Management Directions Make the Rounds at ISACA and Oracle Open World

Nigel King, Vice President of Functional Architecture for Fusion Applications, continues to spread the word on the how Fusion Applications set the bar on security management for cloud based applications.  Following up on an earlier presentation to the San Francisco chapter of ISACA on key security principles (click here), Nigel discussed Fusion Applications' comprehensive security management strategy and solution to sold out room at the 2014 SF ISACA Fall Conference, the premier education event for information technology audit, security, governance, risk and compliance professionals in Northern California.


2014 SF ISACA Fall Conference

At Oracle Open World, Nigel identified key principles of security management, discussed evolving best practices for role design and administration and demonstrated how the activities of an IT security manager are surfaced in Oracle Fusion Applications in the the new Security Console work area -- the one-stop shop for Oracle Fusion Applications security administration. 


Security Console - New in Fusion Applications Release 9


Role Optimization provides the intelligence for design better roles

Look for in-depth training on Security Console and Role Optimization to be published by Oracle University in early 2015.

Wednesday Jun 12, 2013

How to Create A Minimal Enterprise Structure



This article describes a minimal representation of an enterprise
structure to support shared sourcing and procurement services to
requisitioners from multiple companies in multiple divisions and in
multiple countries. The document is targeted at implementation
consultants, particularly those deploying the Fusion Procurement
offering and aims to provide an introduction to the key concepts of
shared services and complement this introduction with a sample
organization representation. In addition to procurement professionals,
financial staff in the deploying enterprise will also need knowledge of
the deployment options and the reasoning behind the selection of a
particular model.

The Concept of Shared Service Centers


Shared Service Centers are corporate level organizations tasked with
conducting common operations that support the core lines of business of
an Enterprise. Technically, companies or other legally recognized
entities literally share the services, and the practice involves sharing
cost, profitability and taxation too. Informally, internal assignment of
services to businesses within an individual company is sometimes called
shared services too. The services provided can be in the areas of Human
Resources Management, Payroll, Subledger Processing, General Accounting,
Inventory Management (bonded warehouses, etc.), and Procurement. The
paper focuses on Procurement Shared Services.
Consolidating procurement services into a single procuring entity that
serves multiple business units within an enterprise could, if properly
implemented, result in the following benefits:
• Increased bargaining power, economies of scale, and cost savings
• Formation of a more focused procurement workforce
• Increase in buyer specialization and better generation of
specifications, and more accurate efficient catalog management
• Centralized and standardized Information deployed across the enterprise
• Centralized processes which could result in the reduction of
redundancy and effort duplication, and a more responsive procurement
organization

For More Details see this white paper on MOS - Setting Up a Minimal Enterprise Structure to Support Procurement Shared Services [ID 1465612.1]

About

This blog shares with the broader Fusion Applications community instructional material in the areas of Enterprise Structures, Extensibility, Integration and Security with the a focus on implementation. This blog is updated by the Fusion Applications Functional Architecture organization.

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