Oracle JD Edwards is a cloud-based Enterprise Resource Planning (ERP) and supply chain management solution that provides ERP applications and tools for finance, consumer goods, distribution, human resources, and manufacturing sectors.
It caters to all sizes of businesses from small to large businesses. Some of the main features of JD Edwards include
- Financial management
- Project management
- Asset life-cycle management
- Order management
- CRM, manufacturing
- Supply chain planning and logistics
- Reporting
- Business intelligence.
Other features include real estate management, human capital management, environmental health and safety, and commodity trading. The manufacturing and distribution solution allows users to manage various manufacturing operations via lean and project-based manufacturing modes. The consumer goods module allows users to manage the quality of products, supply chain, and transportation.
It is compatible with Microsoft Windows, Linux, AIX, and IBM I5OS. It is also compatible with a mobile web browser.
Things you will learn here:
- JD Edwards General Accounting Features
- Asset Life-cycle Management
- Customer Relationship Management
- Financial Management Solutions
- Human Capital Management
JD Edwards General Accounting Features
JD Edwards General Accounting system from Oracle gives you exclusive features and solutions such as to organize, maintain, record, and analyze and kind of financial data. For instance, you can Go through account balances and other consolidated information at any point in time during the accounting period, you can also Create detailed high-level budgets and compare your budget-to-actual figures online. One can Forecast revenue and expense budget amounts for up to 15 years in the future. It can also project future expenses and effectively manage your cash balances. It produces cash flow statements that display the historical changes in cash and cash equivalents for a given time period in the accounting period. JD Edwards also helps to create intercompany settlements automatically.
Some of the main features include:
- Reporting: The JD Edwards General Accounting system provides standard reporting features to supplement online summary information. Managers often use these reports to analyze the data in depth. For additional reporting and analysis, a user can create one or more organizational structures that are based on category codes that are assigned to businesses to enhance a parent-child relationship.
- Account Balance Consolidations: At any point in time during the accounting period, you can have access to account balances and all the consolidated financial information. Whether you review your financial information online or print reports, you can review information at the most detailed level.
- Multiple Ledger Flexibility: Multiple ledgers provides flexibility without requiring the user to enter unwanted and redundant data.
- Budgeting: You would determine the amount to include in your budgets. For instance, you can create budgets at the business level or also at a project level, or by major account category or specific account.
- Allocations: Allocations can be used for many purposes, such as to distribute expenses and to create annual or period budgets. Using one simple allocation, you can create budgets that reflect an increase or decrease over last year’s budget or actual amounts.
Asset Life-cycle Management
Oracle’s JD Edwards Asset Lifecycle Management feature helps drive greater value from your assets, whether they are types of equipment, facilities, or plants. From capital planning and budgeting to procurement and operations, to maintenance and repair, JD Edwards Asset Lifecycle Management can maximize profitability and ROI over the entire asset lifecycle.
- JD Edwards Enables executives and managers to make informed asset investment and management decisions at all the stages of the asset life-cycle
- It keeps assets running at the maximum availability and extends the equipment life
- It also helps to increase labor productivity by scheduling maintenance around operations.
- It optimizes maintenance, repair, and operations (MRO) inventories
Customer Relationship Management
Oracle’s JD Edwards EnterpriseOne CRM is one of the feature-rich solution which is embedded with other critical processes, such as consensus-based forecasting, case, and service management, real-time order promising and lead and opportunity management.
- Comprehensive CRM software solution: JD Edwards CRM provides a solution that includes all of the processes in a business and all the associated systems that reach a customer, including billing and delivery.
- The lower total cost of ownership: JD Edwards CRM software is cost-effective and also easier to install.
- Sales solutions provide a single repository for customer and supply chain information: The JD Edwards sales solution includes enhanced applications for sales force automation, sales order entry, mobile sales, and product configuration, and also enables companies to respond quickly and accurately to customer inquiries.
- Superior service solutions: JD Edwards service solutions, including JD Edwards EnterpriseOne Case Management and JD Edwards Service Management, ensure higher levels of customer satisfaction by providing detailed visibility into billing and the order information.
Financial Management Solutions
JD has the right financial foundation for your organization which is the key when you need to account for every penny that flows in and out—in every currency, in every country. Oracle’s JD Edwards financial management solutions can help you respond quickly to your changing environment, streamline your financial operations, and immensely improve the accuracy of your financial reporting.
- Flexible—It supports multiple business processes and most of the accounting standards while maintaining complete financial integrity for any size of business
- Pre-integrated—All of Oracle’s JD Edwards financial and accounting solutions link seamlessly with all other JD Edwards solutions
- Collaborative capabilities and built-in inter-operability—You can easily extend your business processes to interact with your business partners and also within a current process.
Human Capital Management
Oracle’s JD Edwards human capital management solution is a suite of integrated, a collaborative applications designed to help HR operations by reducing time-intensive administrative tasks and making it cost-effective by deploying self-service applications.
- It streamlines processes by providing highly integrated recruiting, HR, time accounting, and payroll
- It reduces administrative costs with Online employee and manager self-service functionalities
- It automates employee performance management and career development, which results in higher employee satisfaction and productivity
- Provides full-featured HR compliance capabilities, such as U.S. COBRA, , EEO, Australian Long Service Leave, OSHA and Canadian Employment Insurance
- Provides additional payroll compliance; offering FLSA; union contract rate enforcement; federal, state, and local tax compliance; and reporting
