Replicating Data from Oracle Cloud ERP Applications into your Data Warehouse

Earlier this month, Orbit Analytics published a blog titled “How to create secure Pipelines for Oracle Fusion Cloud Applications data?”. In this post, we covered the following topics:

• Why do enterprises need a central data warehouse to run BI and analytics workloads
• The role of secure data pipelines to move data from multiple sources, including data from Oracle Fusion
• Bringing data from other business systems and SaaS applications into the central warehouse, to garner intelligence and insights by looking at data holistically

In this article, we’ll do a deep dive into the importance of data replication from the Oracle Cloud Fusion Application, combining data from multiple ERP systems to cull out better insights and why secure data pipelines are a “must-have” while planning to move data.

The value of data residing in Oracle Cloud ERP Applications

Oracle Cloud ERP (Enterprise Resource Planning) Applications is a suite of cloud-based software solutions that help businesses automate and manage their financial, procurement, and project management processes.

• It includes modules that are designed to streamline operations, reduce costs, and improve overall efficiency.
• Oracle Cloud ERP Applications include modules for financial management, procurement, project management, risk management, governance, compliance, supply chain management, and more.
• The applications are built on a modern, scalable architecture that allows businesses of all sizes to easily manage their operations in the cloud.

Highly secure, real-time operational and financial data

One of the key benefits of Oracle Cloud ERP Applications is that they provide real-time access to financial and operational data, enabling businesses to make better decisions based on accurate, up-to-date information.

The applications also offer a high level of security and compliance, with features such as data encryption, access controls, and audit trails.

Overall, Oracle Cloud ERP Applications offer a comprehensive, scalable, and secure solution for businesses looking to streamline their financial and operational processes and improve their overall efficiency.

Oracle’s Cloud ERP suite includes Oracle HCM for people-related data, Oracle SCM for supply chain data, and Oracle Financial Cloud for financial data.

How do we gather insights from data residing in Oracle Cloud ERP applications?

There are several ways to gather insights from data residing in Oracle Cloud ERP applications:

• Reporting and Analytics: Oracle Cloud ERP Applications provide built-in reporting and analytics capabilities that enable users to generate reports, dashboards, and charts based on the data residing in the system. These reports and visualizations can be used to gain insights into key business metrics such as financial performance, inventory levels, and procurement spending.
• Business Intelligence (BI) Tools: Oracle Cloud ERP Applications can also be integrated with third-party BI tools such as Tableau, Power BI, or QlikView. These tools enable users to perform advanced data analysis and modeling, create customized dashboards and reports, and uncover deeper insights from their data.
• Machine Learning: Oracle Cloud ERP Applications also leverage machine learning algorithms to help users gain insights from their data. For example, machine learning algorithms can be used to identify patterns and anomalies in financial transactions, detect potential fraud or compliance issues, or optimize inventory levels based on historical demand data.
• APIs and Integrations: Oracle Cloud ERP Applications provide APIs (Application Programming Interfaces) that enable users to extract data from the system and integrate it with other applications or systems. This can be useful for performing advanced analytics, data warehousing, or integrating the data with other business processes.

In short, Oracle Cloud ERP Applications provide a range of tools and capabilities for gathering insights from the data residing in the system, including reporting and analytics, business intelligence tools, machine learning algorithms, and APIs and integrations.

What is one of the most preferred solutions for Operational Reporting & Analytics for data in Oracle Fusion?

For businesses that are using Oracle Fusion Cloud, Orbit offers an ideal solution for operational reporting.

Some of the key features of Orbit include –

• Orbit’s XLEdge Plugin – which makes it easy for business users to generate real-time reports from inside Excel
• Orbit is designed for data governance and data security
• Orbit comes with several pre-built reports, in addition to allowing business users to generate personalized reports to gather operational insights from data relevant to their department/team
• With Orbit, organizations can be agile and data-driven using SQL DirecQuery.

For businesses moving to Fusion, Orbit offers an ideal solution that can not only access real-time data available in Fusion but also historical data from EBS or any other ERP. This enables decision-makers to compare past and current data with ease, allowing them to garner comprehensive insights.

To find out more about Orbit’s Self-Service Reporting Tool for Oracle Cloud Fusion, visit: https://www.orbitanalytics.com/oracle-fusion-cloud-reporting/

What about Financial Reporting from Oracle Cloud ERP Data?

Orbit’s GLSense is a purpose-built software that empowers finance users to report directly from Excel for faster and more efficient financial reporting.

GLSense from Orbit is one of the most preferred tools for Faster Financial Reporting.

• It also allows ad-hoc inquiries and drill-downs.
• Orbit GLSense enables the automation of data aggregation from multiple data sources, thereby eliminating manual processes, which reduces human error.
• The accuracy of reports is critical for generating meaningful insights and making critical business decisions.
• With Orbit GLSense, finance professionals can accelerate key processes by quickly accessing several pre-built, sub-ledger drill-down reports for modules such as Accounts Payable, Accounts Receivable, Fixed Assets, Inventory, Purchasing, and more.
• It is also possible to analyze the journal activity by creating charts, applying filters, and using conditional formatting.

Orbit is also an ideal solution for Operation Reporting and Analytics from data in Oracle Cloud HCM (for people and HR-related insights) and Oracle Cloud SCM (for supply chain insights).

Replicating Oracle Cloud ERP Data to a Centralized Data Warehouse: The Need

While Orbit’s reporting solutions get the job done in terms of operational and financial reporting, there may be other use cases for data residing in Oracle Cloud ERP.

• By replicating data to a centralized data warehouse, you have a single source of truth for real-time ERP data
• This data may be combined with data from other SaaS applications, CRM, PLM, etc. for more holistic decision-making
• While Orbit can be used for operational and financial reporting, there may be a need to use Tableau or PowerBI for other business intelligence needs

Therefore, enterprises need a secure way to replicate data and move data.

The Role of Orbit’s Oracle Cloud ERP Data Pipelines

With Orbit, enterprises can reliably process and move data from Oracle Cloud ERP and other business systems with Orbit Data Pipelines.

Enterprises today use many data sources – ERPs, CRMs, several SaaS tools, data from IoT devices and sensors, etc; For companies in the Oracle ecosystem, there is Oracle Cloud ERP, Oracle Cloud SCM, Oracle Financials, and Oracle Cloud HCM. Each of these tools plays a key role in streamlining and automating your business operations.

Orbit’s Data Pipelines provides a seamless and efficient integration solution to move data from multiple sources to a central warehouse for BI and analytics. It is an ideal solution for complex data processing workloads, with reliability and high availability.

Data Replication from Oracle Cloud ERP made easy with Orbit’s Pipelines

Orbit Data Pipelines is an Oracle native, scalable, and robust solution to move data from source to destination using the extract, load, and transform method to provide a holistic view of organizational data.

It can assimilate data from multiple data sources (and 200+ other sources) and deliver them to target destinations in real-time for:

• Drawing quick business insights
• Organization-wide data synchronization
• Providing secure and permission-based access aligned with Oracle authentication rules
• Facilitating the generation of independent and automated reports across business functions and in different formats (Excel, PDF, and more)
• Empowering business users with self-service reporting and analytics capabilities

For more information, visit our Solutions Page: https://www.orbitanalytics.com/orbit-data-pipeline/

The Value of Self-Service Data Pipelines like Orbit’s Oracle Cloud Data Pipeline

One of the biggest advantages of a solution like Orbit’s Data Pipelines is that it is self-service, which eliminates the burden and complexity that comes with data ownership.

Key benefits of a self-service data pipeline include

Faster Data Access: With a self-service data pipeline, users can quickly access and move data from Oracle Cloud ERP to a central data warehouse without having to rely on IT or data engineering teams. This can help to speed up data delivery times and make data more readily available to end-users.

Better Data Quality: By having a centralized data warehouse, users can ensure that data is clean, accurate, and consistent across different sources. This can help to improve data quality and reduce errors and inconsistencies that can arise when working with data from multiple sources.

Enhanced Data Analysis: A central data warehouse can provide a single source of truth for data analysis, making it easier for users to compare data from different sources, identify trends, and perform more advanced data analysis. This can help to improve decision-making and provide more accurate insights.

Increased Agility: With a self-service data pipeline, users can quickly and easily adapt to changing business needs by adding new data sources or modifying existing pipelines. This can help to increase agility and enable users to respond more quickly to changes in the business environment.

Broadly speaking, having a self-service data pipeline to move data from Oracle Cloud ERP to a central data warehouse can provide faster data access, better data quality, enhanced data analysis, and increased agility, all of which can help to improve decision-making and drive business outcomes.

To know more about Orbit’s Data Pipeline solution – Request a Demo