In a bid to empower organizations to achieve more with less, Oracle is unveiling a range of fresh capabilities within the Oracle Fusion Cloud Applications Suite. These enhancements are poised to help customers expedite supply chain planning, enhance operational efficiency, and elevate financial precision. The upgrades encompass novel planning features, usage-based pricing options, and a revamped rebate management system within the Oracle Fusion Cloud Supply Chain & Manufacturing (SCM). Moreover, Oracle Fusion Applications are set to undergo significant improvements in their quote-to-cash processes.
The perennial problem faced by many organizations centres on disjointed systems that necessitate intricate and expensive integrations. These disconnected systems act as a drag on business operations, affecting financial accuracy and profitability. To confront these challenges head-on and to elevate the speed and precision of decision-making, organizations are increasingly recognizing the need for an integrated platform capable of infusing AI and automation into their supply chain workflows.
The latest enhancements to Oracle Fusion Applications Suite in the realm of supply chain management are nothing short of groundbreaking:
- AI-powered Lead Time Estimates in Oracle Supply Chain Planning: This feature harnesses the potential of machine learning to enhance the precision of lead time predictions. By scrutinizing actual performance data, it identifies variances, trends, and anomalies, offering prioritized actions and resolution recommendations. As part of Oracle Supply Chain Planning’s Planning Advisor, this innovation promises to enhance planning efficiency significantly.
- Enhanced Quote-to-Cash Process in Oracle Fusion Applications: Oracle’s integrated solution streamlines subscription orchestration and usage rating, ensuring compliance with accounting standards, optimizing order management, reducing costs, and speeding up time to market. This comprehensive solution connects Subscription Management (CX), Configure Price and Quote (CX), Order Management (SCM), and Financials (ERP), enabling customers to efficiently quote, capture, and fulfil a diverse range of orders, from physical goods to subscriptions and services, while accurately recognizing revenue.
- New Rebate Management Capabilities in Oracle Channel Revenue Management: These capabilities are poised to revolutionize rebate program management. They enhance audit claim accuracy, provide better insights into program performance, and automate the entire rebate management process, from calculation to financial settlement. This automation is set to enhance payment accuracy, reduce administrative overhead, and expedite the settlement of customer claims.
Oracle Cloud SCM, an integral part of Oracle Fusion Applications Suite, empowers organizations to seamlessly connect their supply chain processes, enabling rapid responses to fluctuating demand, supply, and market dynamics. With applications spanning finance, supply chain, HR, and customer experience, Oracle offers a comprehensive suite of enterprise applications on a unified cloud platform.
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