Oracle has introduced new capabilities to its Oracle Fusion Cloud Applications Suite to help customers improve their supply chain planning, operational efficiency, and financial accuracy. Companies that face the challenge of using disconnected systems that require complex and expensive integrations will benefit from this new capability. This will significantly increase the speed and accuracy of insights that AI and automation can bring to supply chain processes.
Oracle Introduces New Capabilities to Accelerate Supply Chain Planning
One of the significant updates to the Oracle Fusion Applications Suite is an AI-powered lead time estimation feature embedded in the Oracle Supply Chain Planning. This feature helps customers improve the accuracy of their lead time assumptions by using machine learning to highlight variances based on actual performance. The new feature improves planning efficiency and results by identifying lead time trends, anomalies, and their potential impact with prioritized actions and resolution suggestions.
Enhanced Quote-to-Cash Process to Centralize Subscription Orchestration
Oracle has enhanced its quote-to-cash process with a feature that helps customers centralize subscription orchestration and usage ratings. The solution, which connects Subscription Management, Configure Price and Quote, Order Management, and Financials, provides a more efficient and seamless customer experience. Additionally, the platform helps companies comply with accounting requirements, improve order management, reduce costs and time to market, and recognize revenue properly.
Streamlined Rebate Management Capabilities with Oracle Channel Revenue Management
Oracle has released new rebate management capabilities to help customers streamline their rebate programs better. Part of Oracle Channel Revenue Management, the new capabilities automate the rebate management process from rebate calculation through financial settlement to improve payment accuracy and reduce administration costs. Further, it will enable the quicker settlement of customer claims and provide companies with better visibility into program performance.
The integrated cloud platform that Oracle provides via the Oracle Fusion Applications Suite will help organizations seamlessly connect their finance, supply chain, HR, and customer experience. The complete suite of applications facilitates an environment in which AI and automation can flourish, driving efficiencies and enabling companies to achieve more with less. With the self-updating platform, customers can access continuous innovation, with new features added every 90 days, without downtime or disruption.