Oracle ERP Cloud Implementation: Top 5 Key Phases and Best Practices
With the business world constantly in flux and at the brink of continuous advancements, the survival of organizations solely depends on their ability to constantly, and adapt to these new changes. Enterprise Resource Planning (ERP) systems were introduced as a top-notch fix for the new digital business era. Deploying an ERP system was and still is one of the most successful business strategies for decision-makers to prevent their firms from going under.
However, the ERP landscape is not static either. New technological advancements have moved these systems online compared to their traditional on-premises siblings. With the accelerated adoption of cloud environments, technology leaders invested efforts in the new cloud-based ERP solutions to mitigate potential risks facing traditional ERP systems – the risk of hardware systems going obsolete, high costs of operations and maintenance, decelerated rates of output generation, and so on.
Oracle, a market leader for Cloud ERP (Gartner), is at the forefront of the new ERP revolution. Amongst its global users, a majority lies within the US accounting for a significant percentage of 65.32%. Oracle’s comprehensive suite of enterprise-level solutions ensures end-to-end operational coverage, making it a top choice for organizations considering an ERP switch.
However, to make a successful ERP implementation project, there is a long list of factors and strategies to consider – enterprise fit, how the ERP system aligns with ongoing business processes, which set of features to adopt, data quality, what are the budget constraints, what is the actual requirement of the organizations, and not to forget choosing the right ERP Cloud implementation services. The list could go on for a while!
Keeping these questions as the premise of a successful ERP implementation, this article aims to provide a comprehensive guide for Oracle ERP Cloud Implementation, a global market leader in ERP systems as per customer preference.
5 Key Phases of Oracle ERP Cloud Implementation
To ensure that the Oracle ERP implementation is completed without a hitch, the process can be segmented into five key phases which are as follows:
The first step for any change implementation requires a thorough and well-thought-out strategy. Before deciding which Oracle ERP product to deploy, businesses must deeply inspect the requirements of their systems. This phase facilitates the creation of a strategic roadmap to visualize your business’ pain points, system requirements, and impact forecasts.
You must analyze your current business capabilities against the various sets of capabilities offered by Oracle Cloud solutions. This will help you recognize the ERP system that can enhance your capabilities further while ridding your current organizational systems of prevalent roadblocks.
Examine & Plan
This phase is where your specific ERP requirements materialize in the form of solid plans. Once you have a clear picture of your business’ shortcomings and enhancement requirements, you can move ahead with customizing implementation plans for the best Oracle ERP Cloud solution. This phase prompts organizations to run compatibility checks for the old system with the new ERP solution. Through these checks, the decision-makers can identify which systems need to be integrated and maintained along with the new ERP and the systems that require migration.
This phase is pretty self-explanatory. Once the organization has all the data required to make informed strategies, the designing process commences. This process entails designing new workflows and process integrations to replace the organization’s traditional workflows. Gap analysis can also assist in recognizing the need for custom add-ins to fill the inconsistencies in the workflows.
Once you build a pragmatic design, configuring & testing is the next crucial phase to ensure that your ERP system is performing as intended. Commence the testing process with rigorous testing of all functionalities and software capabilities – System Integration Testing, Compatibility Testing, Performance Testing, User Acceptance Testing, etc. – ensuring no blind spots remain in the system.
We have finally reached the end of the tunnel! If your new ERP system has passed the testing phase without any hitches, then it is ready to go LIVE! However, deployment is not the end of the implementation process. Nurturing and maintaining the ERP systems to upkeep with new feature updates, innovating user interfaces for enhanced user experience, etc., are equally important tasks.
Oracle ERP Cloud Implementation Best Practices
1. Choosing the Right Partner
When trusting your critical business systems to a third-party vendor, the first and most crucial step begins with choosing the right technology partner. Choosing an experienced partner with the necessary expertise can make the difference between a complete system failure and a top-notch success story. Make sure that you partner with an expert team with proven track records of successful ERP implementations.
2. Implement a Strategic and Proven Process
Create a step-by-step methodology for each process involved in the implementation process. You may utilize the above-mentioned phases to build your own implementation structure. Using roadmaps for system changes on an enterprise level can help break down the process complexities into smaller, more understandable chunks.
3. Constant Testing
Testing ERP systems often can help businesses recognize any gaps in intended functionalities, feature updates, usability, etc. It is a good practice to enforce testing cycles at regular intervals or after new add-ins are incorporated with the deployed system.
4. Early Adoption
We understand that there are multiple factors contributing to the modernization of traditional systems. However, don’t wait around for your systems to go obsolete first and migrate second. Research shows that early adopters usually dominate the markets with their newly gained competitive edge over the rest of their competitors.
5. Communication is Key
Implementing an enterprise-level solution is sure to produce diverging reactions from the various stakeholders of an organization. Make sure to indulge your ERP users in clear communication when it comes to the adoption of the new system. Try to phase out the implementation process against implementing it whole in one go. Ensure ease of interface usability or you might be faced with internal resistance to user adoption.
Why is Apptread Your Perfect Oracle ERP Cloud Implementation Partner?
We, at Apptread, understand what your business requires for a successful Oracle ERP Cloud Implementation and provide the best Oracle Managed Services for seamless Oracle support. We ensure that we provide end-to-end implementation support to our clients. Here’s how our experienced team dispenses its expertise while implementing the Oracle ERP Cloud:
- Our comprehensive suite of intelligent technologies is committed to providing steadfast, future-proof solutions that expedite digital transformations while delivering timely and actionable insights.
- Utilizing our advanced analytics and visually rich representations, we enable organizations to make well-informed decisions, leading to optimized workflow efficiencies and improved customer satisfaction.
- As a trusted Oracle ERP Cloud implementation partner we utilize our vast expertise and extensive experience to assist you in identifying new opportunities, confidently navigating tumultuous markets, and enhancing end-to-end customer experiences to achieve exceptional success.