# Oracle EBS and Fusion Cloud Financials Consulting | SynconAI

> Oracle E-Business Suite and Oracle Fusion Cloud Financials consulting: 12.2 upgrades, Fusion implementation, CEMLI assessment, chart of accounts, SOX controls and a faster month-end close.

Publisher: SynconAI
Canonical HTML: https://synconai.com/oracle-ebs-cloud-financials-consulting
Markdown cite: https://synconai.com/oracle-ebs-cloud-financials-consulting.md
Contact: contact@synconai.com · +61 2 7813 0221

## What is Oracle EBS and Cloud Financials?

Oracle EBS and Cloud Financials consulting covers Oracle E-Business Suite financials (General Ledger, Payables, Receivables, Assets, Cash Management, E-Business Tax, Subledger Accounting) and Oracle Fusion Cloud Financials: 12.2 upgrades and patching, Fusion implementation and migration, CEMLI assessment, chart of accounts and cross-validation design, SOX-ready controls, close improvement and post-acquisition ledger consolidation, for organizations in the United States, Australia and worldwide.

- Oracle E-Business Suite (EBS) is Oracle's on-premises ERP. Its financial modules run the general ledger, payables, receivables, assets and cash.
- Oracle Fusion Cloud Financials is the finance part of Oracle Fusion Cloud ERP, Oracle's software-as-a-service ERP with quarterly updates.
- Moving from EBS to Fusion is a re-implementation, not an upgrade, so it is planned as a new project with data migration.

## Oracle EBS and Cloud Financials consulting services

- EBS 12.2 upgrade: From 12.1.3 to 12.2 and the latest release update, with online patching set up.
- Fusion Cloud Financials implementation: A re-implementation planned around your processes, with data migration.
- CEMLI assessment: Every customization reviewed and given a decision.
- Chart of accounts design: Segments, values and cross-validation rules that keep the ledger clean.
- Close and reporting: Fewer manual steps and fewer late adjustments at month end.
- SOX controls: Preventive and detective controls built into the configuration.
- Acquisition consolidation: Acquired companies brought onto one ledger and one close.
- Support and enhancements: Run support, patching and small changes from one team.

## What do Oracle financials consulting services include?

Eight services, from a single upgrade to support every month.

- EBS 12.2 upgrade: From 12.1.3 to 12.2 and the latest release update, with online patching set up.
- Fusion Cloud Financials: A re-implementation planned around your processes, with data migration.
- CEMLI assessment: Every customization reviewed and given a decision.
- Chart of accounts: Segments, values and cross-validation rules that keep the ledger clean.
- Close and reporting: Fewer manual steps and fewer late adjustments at month end.
- SOX controls: Preventive and detective controls built into the configuration.
- Acquisition consolidation: Acquired companies brought onto one ledger and one close.
- Support and enhancements: Run support, patching and small changes from one team.

## Should we upgrade EBS or move to Fusion Cloud?

Three roads out of an older EBS release. Oracle states Premier Support for 12.2 through at least 2037, so staying is a real option.

Today: Oracle EBS 12.1.3 or earlier

- EBS 12.2, Upgrade in place: Move to 12.2 and the latest release update, keeping your processes and most customizations. Best when EBS fits the business and budgets are tight.
- Fusion Cloud, Re-implement in the cloud: A new Oracle Fusion Cloud Financials project, redesigning processes to the standard. Best when you want quarterly updates and fewer customizations.
- Hybrid, Move in phases: Keep EBS for some ledgers or modules while others move to Fusion first. Best for groups with many entities or an acquisition underway.

## The Oracle financials modules we work with

Grouped by the end-to-end process each one serves.

- Procure to pay: Supplier > Invoice > Approve > Pay (modules: Oracle Payables, Oracle iSupplier Portal, Oracle Internet Expenses)
- Order to cash: Invoice customer > Collect > Apply cash (modules: Oracle Receivables, Oracle Cash Management)
- Record to report: Journals > Reconcile > Close > Report (modules: Oracle General Ledger, Oracle Subledger Accounting)
- Assets and tax: Add asset > Depreciate > Retire > Tax (modules: Oracle Assets, Oracle E-Business Tax)

## What is a CEMLI assessment?

CEMLI stands for configurations, extensions, modifications, localizations and integrations. Each one gets a decision before an upgrade or a move to Fusion.

| Type | What it is | Usual call |
| --- | --- | --- |
| Configurations | Setups made in the application. | Keep |
| Extensions | New reports, forms and workflows. | Use standard |
| Modifications | Changes to Oracle's own code. | Use standard |
| Localizations | Country rules for tax and reporting. | Use standard |
| Integrations | Interfaces to banks, payroll and other systems. | Rebuild |

## What a cleaner month-end close looks like

Work moved earlier, so the last days of the close are for review, not catching up.

- Before day 1: Accruals prepared; Intercompany agreed; Recurring journals ready
- Day 1: Payables closed; Receivables closed
- Day 2: Assets depreciated; Cash reconciled
- Day 3: Subledgers posted to GL; Reconciliations reviewed
- Day 4: Adjustments approved; Period closed
- Day 5: Reports issued; Variances explained

## Controls built into the configuration

Automated controls are cheaper to test than manual ones, so we configure them where Oracle allows.

| Control | Risk it covers | Type |
| --- | --- | --- |
| Cross-validation rules | Invalid account combinations reaching the ledger. | Preventive |
| Segregation of duties | One person creating a supplier and paying it. | Preventive |
| Journal approval limits | Large manual journals posted without review. | Preventive |
| Period close checklist | Subledgers left open after the period ends. | Detective |
| Reconciliation sign-off | Balances that do not match supporting detail. | Detective |
| Audit trail on setups | Untracked changes to financial configuration. | Detective |

## Cost and timing

The first step is a free 60-minute architecture review of your Oracle financials setup, with a written plan you keep. Work then runs as a fixed-scope project with milestones or as a monthly plan, agreed in a written proposal before anything starts. Plans: https://synconai.com/pricing

## FAQ

### Is Oracle EBS still supported?

Yes. Oracle states Premier Support for EBS 12.2 through at least 2037 and releases cumulative updates for 12.2. Older releases such as 12.1 are on more limited support.

### Should we upgrade to EBS 12.2 or move to Fusion Cloud?

Upgrade if EBS fits your processes and you want to keep customizations. Move to Fusion if you want quarterly updates and are ready to redesign processes to the standard.

### Is moving from EBS to Fusion an upgrade?

No. It is a re-implementation. Processes are redesigned, data is migrated and most customizations are rebuilt or retired.

### What does CEMLI stand for?

Configurations, Extensions, Modifications, Localizations and Integrations. A CEMLI assessment gives each customization a decision before an upgrade or a move to the cloud.

### What are cross-validation rules?

Rules that stop invalid combinations of chart of accounts segments from being created, so bad postings are blocked at entry rather than found at month end.

### Can you bring acquired companies onto our ledger?

Yes. We map their chart of accounts to yours, set up the entities and intercompany rules, and bring them onto one close.

### Do you also support Salesforce?

Yes. Salesforce is a large part of our work, and we connect it to Oracle for orders, invoices and customer data where both are in use.

## Where we work

Oracle EBS and Cloud Financials consulting for organizations across the United States and Australia, and worldwide. Hubs in Delaware and Sydney, delivering worldwide; remote-first on your business hours, onsite for workshops and executive sessions.

## Related

- M&A IT integration: https://synconai.com/mergers-acquisitions-it-integration
- Application rationalization: https://synconai.com/application-rationalization
- Enterprise architecture consulting: https://synconai.com/enterprise-architecture-consulting
- Salesforce integration services: https://synconai.com/salesforce-integration-services

## Cite

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