[Blog] Oracle Financials Rapid Implementation
An efficient and time-saving solution to configure your Oracle financials.
Introduction:
Rapid Implementation is an Excel (Spreadsheet) based utilities that are used for configuring the critical and required setups in a limited time frame to make your financials work for you. It streamlines your setups by focusing on key operations needed to run your business. Commonly and widely used solution for Reimplementation and rolled out projects. By using rapid implementation, you can configure your Chart of Accounts, Calendar, Legal Entities, Ledger and Business units, etc. in three steps i.e. downloading, preparing and uploading spreadsheets.
Rapid Implementation – How it Works.
Download the spreadsheet templates which are in a pre-defined format and populate the required data per your business requirement. Validate the files for data consistency and correction. Generate XML version of these files and upload them to Oracle application using the specified Upload task process. Learn more about Oracle financial cloud services
Navigation: Setups and Maintenance Task - Manage Implementation project
Create an Implementation project and add task FIN_Rapid_Implemetation
Expand the required Implementation Tasks to complete your system configuration with minimum time and efforts. Read relevant blog here: Key Features of Oracle Financial Consolidation & Close Cloud Service (FCCS)
syntax_imageRapid Implementation – Scope and Areas covered.
Applications Covered:
General Ledger
Financial Reporting Center
Payables
Receivables
Expenses
Assets
Cash Management
Tax
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