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Monday, February 28, 2011

Oracle-Data Relationship Management

The Oracle Data Relationship Management solution enables organizations to synchronize
information from varied sources into a single central location,to get an accurate, consistent 360-degree view of enterprise data.

Data Relationship Management (DRM) is a combination of applications and technologies that consolidates, cleans, and augments this corporate master data, and synchronizes it with all applications, business processes, and analytical tools.


Key Use Cases
1.Complex Chart of Accounts Issues
•Special rules, number schemes, requirements
•Difficulty in making updates and changes
2.Multiple ERP, GL or EPM instances
•Adds, updates and deletes of accounts, entities and cost centers have to be manually replicated across multiple systems
3.Rapid Change
•Mergers and acquisitions
•System consolidation and alignment
4.Compliance & Audit
•Fully automated, closed-loop change process
•Analyze, assess, track and audit changes
5.Complex Dimension Management
•Alternate hierarchies to address enterprise BI and financial reporting objectives
•Shared maintenance structure with distinct uses across LOBs, regions, & business units
6.General Purpose MDM / Reference Data Management
•Map transaction codes with reference assets (e.g., products, processes, activities)
•General purpose master data management (e.g., contracts, assets, etc.)

4 comments:

  1. Hi Geeta,
    Thanks for the DRM blog. There are hardly any blogs on DRM.

    Can you pls post the installation and configuration of DRM 11.1.2.

    It will be very useful.

    Thanks
    Kumar

    ReplyDelete
  2. Hi Geeta,

    I am interested to learn DRM please suggest me.
    I am not able to find any way.

    by
    P.S.Srinivas.

    ReplyDelete
  3. Hi Srinivas,

    You can download DRM from the Oracle website. Follow the user and admin guide. It has a lot of self learning information. Oracle also offers a course on DRM admin currently in the 9.3.2 version.

    All the best, feel free to ask any applicable questions that I can help you with.

    -Geeta

    ReplyDelete
  4. Hai Geeta,

    Very good blog for Oracle BI DRM.
    I am new in Essbase and Hyperion planning.
    Can you please share real time questions or scenarious for Essbase and planning.This is my mail id - hyper_plan@yahoo.in.Thanks for your value time.

    Regards,
    Senthil.

    ReplyDelete