OBJECTIVE of Upgrading to R12
The objective of the introduction of R12 upgrade of your existing Oracle E-Business Suite modules on 11i is to add value to your current business to become compliant and align your investment with global changes.
The primary goal of upgrade from 11i to R12 became mandatory due to standards, mandates, corporate governance, strategies etc.
Furthermore, the global economic climate being challenged by competitiveness, mandates, etc require new technological enhancements to be able to comply with the challenges. Hence, R12 version of Oracle e-Business Suite, with its technological, enhancements and functional transformation of entire 11i architecture has emerged to comply with the new trend of doing business.
BUSINESS VALUE OF UPGRADING TO RELEASE 12
Release 12, which became available in January 2007, included major architectural improvements to the Financials products to support global and shared service operations, improve operational efficiencies, and reduce risk. It also incorporated the latest revisions to Oracle’s middleware and database technologies.
Release 12.1, which became available in May 2009, rounds out Release 12 with significant enhancements to the other product areas, including Procurement, Supply Chain Management, Human Capital Management, Customer Relationship Management and Master Data Management. It also contains usability improvements and centralized life cycle management.