EBS Asset Life Cycle Management

Oracle Asset Life Cycle Management includes:

  • Oracle Assets
  • Oracle Enterprise Asset Management
  • Oracle Asset Tracking



Oracle® Assets simplifies asset management and accounting complexities. It lowers the cost of asset ownership and secures your assets while giving you a global view. Oracle Assets is a member of Oracle’s Asset Lifecycle Management solution, which maximizes the return on your global assets.

K E Y  B U S I N E S S  B E N E F I T S
Oracle Assets enables you to:
• Lower the cost of asset ownership through processing efficiencies
• Secure your assets with a global view
• Improve efficiencies with Oracle iAssets self service
• Improve compliance with configurable accounting rules

K E Y  F E A T U R E S
• Unlimited asset books, asset categories and depreciation rules
• Data security by asset book
• Automated asset upload from legacy systems
• Self service asset transfer processing
• Automatic process integration from Oracle Accounts Payable and Oracle Projects
• Integrated with centralized configurable accounting rules engine
• Flexible inquiry and reporting



Oracle Enterprise Asset Management provides comprehensive planning, tracking and execution to support optimal asset monitoring and performance. Its sophisticated, condition-based maintenance strategies for plants, property and public infrastructure along with an integrated asset repository ensures best practices and quality compliance globally. Oracle Enterprise Asset Management (eAM) eliminates excess and obsolete spare parts inventories, promotes environmental, health and safety policies, and improves coordination of production and maintenance schedules.

K E Y  B U S I N E S S  B E N E F I T S
• Improve asset visibility, tracking, and control with a single global asset repository
• Drive maintenance best practices using preventative and condition based maintenance strategies
• Empower all users to do their work anywhere using any device: desktops, laptops, tablets or mobile phones
• Replace costly stand-alone maintenance systems with Oracle’s integrated solution

A S S E T  M A N A G E M E N T
• Intuitive Asset Group definition
• Flexible asset creation: Manual, template, open interface / business API
• Ability to change an asset number without losing its attributes and history
• Parent / child asset hierarchy with cost rollup
• Support for all types of asset locations: User-defined areas, internal inventory locations, external physical locations, etc.
• Fully supported asset moves and asset transfers, preserving asset attribute integrity, maintenance strategy and
• Ability to map GIS and Maintenance assets



Capital-intensive companies face many challenges while managing assets such as dealing with a large volume of data associated with these assets, tracking and maintenance of assets, and need for accurate financial reporting.
Oracle® Asset Tracking is a comprehensive asset lifecycle tracking application that provides tracking, visibility, and control of globally dispersed assets for capital-intensive companies, along with complete transaction auditing. Asset deployment transactions such as install, in-service, out of service, or asset moves can be completed efficiently. Through integration with Oracle Assets, the financial impact of these physical asset transactions can be easily managed, thereby significantly reducing the amount of manual intervention required to maintain financial accuracy along with physical tracking. This enterprise-wide integration helps achieve a single source of truth for enterprise assets while reducing the total cost of ownership.

K E Y  B U S I N E S S  B E N E F I T S
• Improve asset visibility, tracking, and control with a single global asset repository
• Streamline and automate Asset creation and update operations
• Manage end-to-end “Procure to Retire” process and efficiently conduct asset deployment transactions such as move, reinstatement, and deployment transactions
• Automatically synchronize the operational and physical events of assets with the financial updates in Oracle Fixed Assets
• Improve maintenance of assets through integration with Oracle Enterprise Asset Management and Oracle Field Service

K E Y  F E A T U R E S
• Single global repository of asset information
• Comprehensive view of assets and configurations
• Streamlined Asset Creation and Updates to Assets to accurately manage physical asset and financial asset information
• Conduit between inventory, Purchasing, and Fixed Asset to automatically create assets and update records in multiple modules. Changes to assets captured with inputs from over 85 E-Business suite transactions