Oracle database is the collection of multiple databases which is stored in a system. It is commonly used for three types of database and they are online transaction processing (OLTP), data warehousing (DW) and mixed (OLTP & DW) database workloads. Oracle is one of the leading providers of information management software. Oracle’s relational database supports the Structured Query Language (SQL), and now it develops as an industry standard. Oracle fusion applications are used to improve the business process which in real-time of technology and the applications which include various products families. Oracle Fusion Applications is a complete package of Oracle applications factor made for thorough business responsibilities such as enterprise resource planning (ERP), customer relationship management (CRM) and human capital management (HCM).
Enterprise resource planning (ERP)
Enterprise resource planning is a software of business progression management which is used to allow an organization to manage the business with the help of integrated applications and many other back-office functionality according to mydbsync.com. ERP is used to follow the workflow of the business growth and to the extent the revenue and efficiency. A simple policy of ERP is a process of organization that is used to maintain and multiple business development. ERP is the most important software which is used by every company to improve its business internally and externally to enrich more profit. It is the process mainly used to integrate business resource planning by manipulating the whole process of business need in a single process.
Customer relationship management (CRM)
Customer relationship management (CRM) is a method to achieve an organization’s communication with recent and prospective customers. It is an approach of analyzing data of customer’s activity with the company to enhance the business development and relationships with the customers. The simple strategy to improve business growth by using CRM is to maintain a good relationship with the customers and maintain the database properly. And which leads to increase in productivity and profits of the company. Nowadays many software and tools are developed to integrate and maintain the database of the customer by the organization. Among those software CRM is the best one, which is used by many companies right now. Oracle Fusion is the cloud computing method that helps to store all the database of the customers and company in a computing drive. If you want to know more about what is Oracle Fusion CRM get some of the details here. Oracle fusion Customer relationship management is the collection of database which has been stored in the cloud that can be used anywhere and anytime by using CRM software. It is integrated with the web application to collect customer database by the organization.
Human capital management (HCM)
Human capital management (HCM) is the aspect of all organizations used to enhance the business value of the company by managing, recruiting and developing effective resources. The functionalities of HCM is the essential factor of recruiting employees who are eligible for the position. By doing so automatically companies reputation will increase with a huge profit.