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Your Brief Guide to Managing Oracle Compliance

Jimmy Kane by Jimmy Kane
July 20, 2022
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Monitoring your Oracle compliance does seem a bit complicated as there are a handful of obligations that are challenging to understand. But if you take the regular measures to fulfill the Oracle license requirements, the compliance gets easier to manage.

The basic key to oracle compliance and audit management is to provide the company with detailed and precise data when required.

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To reduce stress for future compliance issues and boost your management, in regards to it, we have summed up a brief guide that will help you.

1. Determine the Audit Procedure:

Do not panic when the call for Oracle audit rings in. collect all the technical, software-related people and request them to put together the entire data in regards to Oracle usage in the organization.

Appoint an individual for the main management of the audit. This person will carry out all the interactions with Oracle. Determine an entire process for the audit, assigning roles to the team members according to their expertise.

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2. Thoroughly Read your Oracle Contract:

Make sure that your legal team reads through the Oracle contract thoroughly. Even when any policies are changed, the company does remain bound to the contract that they signed with you. Thus, a better understanding of it will help you put aside any complications.

The contract will help you understand whether you are compliant or non-compliant. If you are not compliant, then what are the costs involved to fix it, and if you wish to take legal action with Oracle, how much would it cost you?

However, it is important to know that an Oracle license is required for almost every software that you get installed, regardless of whether you put it to use or not.

3. Determine your Compliance:

Once you have determined the procedure and read through your contract; you have to assess your compliance in all the key areas:

  • Packs and editions compliance
  • NUP compliance
  • Processor licenses
  • Backup servers
  • Virtualization

Check the licenses and compliance of each of the following to get everything done as per its requirements.

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4. Consider the Solutions Offered During the Audit:

Once all the data has been submitted for the audit, Oracle team members will try to sell you an innumerable amount of solutions.

Be very mindful of the solutions you opt for. It might seem very intriguing to choose a bunch of them but consider the possibilities before investing in one. Do you need the solution? Is it possible for your system? Question yourself before you make a choice.

The Bottom Line

Oracle compliance is complicated for many. This is the core reason why many organizations fail to keep up with it. However, it does have a wide range of perks for companies.

And if you acknowledge the benefits, it will be easier for you to comply with its regulations and obligations accordingly.

The key to success for an Oracle audit is the accuracy of your data. Provide them with precise and detailed data to manage your audit process efficiently.

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