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ERP's FICO Module Status

It seems very crucial for financial management to say “NO” or “Yes” about current ERP implementation. After reviewing “As-is” process of the company the ERP implementing company has made a “To-be process” to capture all types of business transaction happening in day-to-day activities. It is difficult to comment on the job done by the implementing company as FICO modules poses various problems while CRP of the “To-be” process. Financial Accounting is somewhat in better position than Cost accounting module where the later is fully dependant on other seven modules, i.e. HR- for salary and labor related expenses, OPM-for process manufacturing hours, FI- for GL expenses, QA- for QAD hours and formulations, SD- for sales and marketing volumes, Engineering- for utility consumption and SCM for warehouse and materials etc. 

If one of the above is not functioning as desired, Cost Accounting Module will be stagnated that means will give wrong results. At this time it is very difficult to say that every process owner will accept his respective module without integrated testing after the UAT stage. 

For Cost accounting, routings for products are finalized. Resource utilization and allocation becomes a hard task for production officers, Cost center are also in trouble as the manufacturing is discreet in nature. However, if everything is OK and the management approves the To-be process after final run in UAT then the ERP may go live in the middle of September. UAT of several modules is going on in a full swing. No rest for internal and external teams who really works hard aiming at successful ERP implementation.

After incurring more than a million dollars if ERP implementation fails in any way, who knows what is rest in our lot? May God be with us in successful implementation of Oracle EBS at the level of the management’s expectation otherwise everything will end.