Reducing Painful Data Entry in Fixed Assets
Oracle E-Business Suite Data Loading Solutions
Case Study – Manufacturing
The More4apps EBS Toolbox combines the power of Excel and Oracle to release talented staff from repetitive data entry tasks.
The Client
A Senior Accounting Analyst at a global pharmaceutical company, using the More4apps Asset Wizard for mass additions, source line transfers, retirements, and construction-in-process (CIP) asset transfers in Oracle EBS.
The Challenge
Manually managing asset data day to day left little time for higher-priority work.
“Regarding mass additions, I was manually adding every single invoice from the AP ledger into the fixed asset ledger line by line. Some months the volume could be 400 to 500 invoices and that obviously was an incredibly time-consuming task,” shared one end user.
The Solution
With the Asset Wizard, mass additions are downloaded by invoice number, edited in Excel, and posted directly to Oracle, saving 18 to 20 hours a month. Source Line Transfers made a similar impact: when project costs were assigned to the wrong asset, our customer could correct them directly in the Wizard after project capitalization, a high-volume task that saw a major improvement once moved into More4apps.
“I could have 300 to 400 rows worth of invoices/assets to be capitalized into one main asset. The More4apps Source Line Transfer mode does that for me within seconds. Whereas, I historically would have had to go into the Oracle form and manually source line transfer all of those assets into another asset.”
The Results
The Asset Wizard helped the company capitalize more projects each month, keeping accumulation low and manageable. Freed from manual data entry, employees gained more time for value-added work, professional growth, and better work-life balance.