Oracle Intercompany is FUN

In release 12 of Oracle financials we decided to pull the existing Global Intercompany System (GIS) functionality out of the GL product, add a whole bunch of new functionality and make it a product in its own right. We decided to call this new product (wait for it…) Advanced Global Intercompany System (AGIS) – I bet you didn’t see that name coming!

Anyway that flash of inspiration for the name was just the start, all Oracle products need a product code of 2 or 3 letters which is used in our source control structure, bug database, object naming standards and all kinds of places. As you may have noticed Oracle has a fair number of products so first choices like INT or GIS were not available and after a long exchange with the people who control these we went for FUN. Now people who have worked with me me over the last few years will already know the puns in this area have been done to death, so I’ll spare you those here.

We also have some other features in FUN that like AGIS have impact in many financials areas (e.g. Netting) so we came up with the product name ‘Oracle Financials Common Modules’ to represent everything under the FUN umbrella. So if you are looking in any Oracle documentation or collateral for AGIS and cannot find it, you might want to search for ‘Oracle Financials Common Modules’ or look simply seek out FUN

Author: David Haimes

I'm Senior Director in the Oracle Research and Development Organization, with close to 20 years working in various roles on the development of the Financial Management product suite.  Since the summer of 2016 my focus is exclusively on working with customers and longer-term design work, particularly around next-generation functional and technical architecture. My task is to figure out NOW what the financial management system of the next 3, 5 or more years should look like and start working toward it.  At the moment the majority of my time is spent working on Blockchain or Distributed Ledger Technologies (DLT), leading the effort for all of SaaS applications.  I'm also interested in AI, Machine Learning and new UX and interaction paradigms such as chat bots. I started out in Oracle UK and found my way out to Oracle's Redwood Shores, California HQ in May 2000.  My previous role was product owner for Fusion Accounting Hub, General Ledger, Intercompany and Legal Entity products in Oracle Fusion Financials and eBusiness Suite General Ledger. I have also worked on EMEA Globalizations, Federal and Public Sector Financials, XML Payments and a variety of projects on other products down the years.

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