How to Optimize Your Oracle Software and Increase Your ROI

Perhaps, over the years, your Oracle software has slowed down. Processing time in your systems may not be quite so zippy and some of your old workarounds — the ones that once seemed so great — may now seem cumbersome and irritating.

You shouldn’t have to deal with slow systems ever. After all, the business world certainly won’t slow down to accommodate your company if you happen to fall behind! However, you may not want to switch systems because migrating to a new ERP or other business software product can often be a time-consuming process in itself.

If you don’t want to wait for slow systems anymore, but you aren’t ready to upgrade to something new right now either, this article will help. In it, I’ll talk about how you can easily and quickly optimize your Oracle system for enhanced speed and usability, so you can increase your ROI from older systems.

Let’s dive in.

Step 1: Make an Inventory

The first step to streamlining and optimizing your Oracle software is to know exactly what Oracle software (and related products) you have.

Don’t skip this step. 

Over the past 20 years as an IT consultant and Oracle partner, I can’t count how many times I’ve completed this step with clients… it almost always yields surprising results.

Consider: When you purchased your Oracle software, you made a few educated guesses about what capabilities you’d need. You figured you’d probably use certain functionality that add-ons provided, so you licensed the add-ons and maybe even paid a small amount for recurring support billing.

But then you didn’t use the functionality. Maybe you found and paid for a solution that better fit your needs, or maybe you simply discovered that you didn’t have to use the add-on at all. Time passed, you lost track of the add-on, and now, years later, you’re still paying to license and support programs you’ve never used.

You’d be surprised at how many times I’ve seen this over the years.

Step 2: Check for Expanded Capabilities in Your Upgraded Oracle Software

Once you’ve gotten rid of the unnecessary and costly baggage in your Oracle software, it’s time to supercharge the applications you have left.

If you’ve been running your Oracle software for some time, you’ve likely gone through a few upgrades already – which means you probably also have upgraded built-in functionality that you’re not yet leveraging.

Check through your systems and menus (or task an underling to read the manual), so you can see what your upgraded applications can do. Then activate relevant, already included functionality to streamline your processes and procedures at no extra cost.

Examples include:

  • Reducing data entry by using recurring journal entries
  • Leveraging invoice batching to manage early payments
  • Improving cycle counting procedures

The above capabilities (and many more) are already included with your up-to-date version of your Oracle software, which means you can increase your speed and overall productivity completely free.

Find out the final step for increasing your ROI when you read Part 2 of this short series (coming soon!) – all about optimizing your Oracle software to ensure a greater ROI. 

If you’d like some help optimizing your Oracle software, Centroid is happy to step in. From initial business performance analysis to software comparison, implementation, and even ongoing support and hosting, Centroid is there for you every step of the way – ensuring that you get the most out of your Oracle software systems for years to come.


Contact Centroid to learn more about how easy it can be to optimize your systems.