New Era in Oracle Freelancing

Introduction:

It is no secret that the business world is changing. Companies are looking for ways to become more efficient and save money, and many are turning to enterprise resource planning (ERP) software to help them do just that. ERP systems are critical for businesses of all sizes, and the consultants who install and configure these systems are in high demand.

If you are an ERP consultant, freelancing is a great way to stay busy and profitable. You can choose the projects you want to work on, and you don’t have to worry about the administrative headaches that come with having a full-time job. Freelancing can also help you build your network and gain new skills.

1. What is freelancing, and what are the benefits

Freelancing is the practice of working for oneself, as opposed to being employed by a company or other entity. Freelancers are typically independent contractors, who may be hired to perform specific tasks, or may be engaged as a consultant to provide expert knowledge in a particular field.

Freelancers work on multiple projects simultaneously for different clients at the same time. They have to manage their priorities, time, workload, and taxes. Having that much responsibility might seem overwhelming, but it’s like being your boss. Freelancers can work from anywhere in the world, and at times. In 2020, the U.S. workforce was composed of 36% freelancers. Freelancers enjoy the freedom to choose their workload, projects, and clients, which is why the percentage is still growing. Several global, regional, and niche freelance platforms have emerged in recent years, as more people enter the freelance workforce.

Freelancing can offer several benefits. First, freelancing allows consultants to work on multiple projects simultaneously for different clients but still maintain greater control over their work schedules and work arrangements. This can be especially helpful for consultants with families, or those who prefer to work a more flexible schedule. Additionally, freelancing can provide consultants with the opportunity to work on a wider variety of projects, and to learn new skills. This can help keep consultants’ skills sharp and keep their businesses growing. You can choose to be a full-time freelancer or work in your idle time to earn extra income.

2. Various freelancing categories and platforms

A lot of existing and upcoming platforms provide a wide range of opportunities for freelancers. The platforms provide multiple categories and defined skill sets that you can choose from.

Popular freelancing categories are Accounting and Finance, Admin Support, Virtual Assistant, Business Management, Design and Creative, Digital Marketing, Legal, Media(Audio, Video), Programming and Technology(Web, Mobile development), Writing and Translation, etc.

Some popular freelancing platforms are Fiverr, Upwork, Freelancer, Guru, Truelancer, etc.

3. Rising Demand for the ERP Freelancers

Let’s take a look at how ERP consultants worked before

Full-time Employee

ERP consultants used to work traditionally. They would work for a System integrator company and help them implement an ERP system for an end client. This is mainly because unlike consumer IT (Writing and translation, Digital marketing, Web and Mobile development) ERP software is mainly used by large-scale organizations and involves a lot of time and cost to implement. And employers prefer to recruit ERP consultants who can give long-term commitment.

As a contractor

End clients also need ERP consultants at their side to support the implementation project. But due to admin, legal, and other overhead costs associated with full-time employment, most of the end clients prefer to hire consultants as contractors with a fixed daily rate and contract duration. Nowadays system integrators are also adopting this working model. This kind of work is most popular in the USA, UK, and the middle east.  These contractors are paid anywhere between 250 USD to 1000 USD or may be higher depending on the situation.

Role of Recruitment agencies

System integrator companies or end client companies often use recruitment agencies/independent recruiters to help them in the hiring process. Recruitment agencies search for a better candidate as per the client (system integrator company or end client) requirements and place them directly under the client for a lump sum payment per candidate or hire consultants under their payroll first (contractor/or permanent) and will have a separate contract with companies to get regular daily/monthly commission from the amount the consultant earns from the system integrator company or end client.

Community Participation

Previously, ERP consultants were able to share their knowledge and expertise by answering queries and providing solutions for various queries related to ERP projects and their implementation issues. But all their expertise and skills were able to earn them a few ratings and badges from various ERP communities and forums. ERP professionals were unable to earn some income apart from their regular day jobs.

4. How Jobloyee can help ERP freelancers?

With Jobloyee, ERP consultants will get started in their own business. It can give them the opportunity to work with a variety of clients and gain experience in a range of industries. This can help them to build their business and grow their client base.

Take-up Task-based jobs

Often Organizations or other IT professionals who need some help in their day-to-day operations can post their issues on our platform. For example, Month-end closure issues or help in the understanding of end-to-end business flows like procure to Pay, Order to Cash, Drop shipment, or it may be developing code for an extension/customization. The job amount can start with as low as 1500 INR and can go up to thousands depending on the requirement and will include all the necessary information. All you need to do is create a strong profile, place your bid, and get shortlisted by the client. There might be an interview before you get awarded the project.

It is the same as how you help others in other channels or forums, but the main difference is you can earn on JOBLOYEE. This is a good way to monetize your skills

Sell various services.

Apart from getting clients’ projects, you can also sell the services of your choice. You can sell any pre-developed method or solution or setup documents or training content etc. at a fixed price. Many companies seek similar services. It will be easy for them as well if you have already posted your rates online. JOBLOYEE’s services are not only unique but also set at a fair price. In addition, you will get double-edged security by running all your payments through the platform.

Short-term and long-term contract jobs

Along with the other benefits, JOBLOYEE helps you to find contract jobs anywhere in the world in minutes. The platform automates onboarding, compliance, invoicing, and payments so you can concentrate on your career growth.

You can count on JOBLOYEE for contract roles. You may find that accepting a contract-to-hire position without having to make a long-term commitment.

Companies overseas are hiring employees and independent contractors in India as the cost is quite reasonable. The cost will be a small fraction of what the company needs to pay a similarly qualified worker in a country like the United States. There is also an array of skilled workers they can choose from without having to worry too much about paying their medical insurance or Social Security. Since English is one of Indians’ official subsidiary languages, they trust Indians as well-educated technology workers. If the contractor and client sustain a good relationship, then they can also opt for permanent placements.

You can use your skills competently. The platform has a Skill-based rating which is a reward system in which freelancers are rewarded with some stars in exchange for demonstrating their mastery of skills, knowledge, and/or competencies. Performing tasks with skills means acquiring and demonstrating expertise. This system will help potential clients to select you from the rest of the freelancers. Last but not least, that feedback system is actually our reputation system. It’s a skill-based ranking that summarizes the overall review of a freelancer.

5. Start your freelancing career checklist (For Oracle ERP Freelancers)

• Create support account.

• Get ready with your own instance or have access to the instance.

6. Conclusion

When it comes to ERP the client looks for only two components – Business Knowledge and transforming it into code with technical know-how. They are both eternal and will not disappear for at least the next 10 years since ERP is the foundation for any business transaction to take place.

A freelancing ERP consultant ensures that the organization implements a comprehensive ERP solution that meets its business needs and guides the client project throughout the development and support phases.

Many freelancers who are registered on different portals are professionals with a little extra time on their hands or who want to work at their own pace. This is the right time if you want to start a freelancing career as an ERP consultant. You will be able to explore more opportunities beyond borders and earn a handsome amount of money within a short span.

Over a third of companies (35%) are seeking people who exhibit initiative to deliver growth and take on new challenges – characteristics usually associated with contractors. The next big hub for contracting and freelancing opportunities is “INDIA”.

The way the global community will work is going to change post-COVID. With employers trying to cut down their employees’ count, and their salaries to reduce their operating costs, I believe one should look for alternative income. By providing a first of its kind platform for ERP freelancers JOBLOYEE certainly is a New Era in ERP Freelancing in India