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Oracle delivers updates to Oracle ERP Cloud
[September 30, 2013]

Oracle delivers updates to Oracle ERP Cloud

Sep 30, 2013 (MarketLine via COMTEX) -- Oracle Corporation, a provider of enterprise software and computer hardware products and services, has delivered updates to Oracle ERP Cloud, to help organizations simplify their financial business processes and technology requirements.

Available immediately to customers, these new updates enable organizations to improve insight, to accelerate decision making with real-time information access, to increase productivity through social business objects and to manage controls effortlessly. With actionable role-based dashboards, a modern user experience, and embedded collaboration capabilities across multiple functions, Oracle ERP Cloud's significant functionality enhancements help organizations manage their modern businesses more efficiently.

Part of Oracle Cloud, Oracle ERP Cloud is a complete and integrated solution that includes the following functionalities: Oracle Financials Cloud, Oracle Procurement Cloud, Oracle Project Portfolio Management Cloud and Oracle Supply Chain Management Cloud.

Oracle Financials Cloud encompasses: a multi-dimensional reporting platform; spreadsheet and imaging integration; role-based dashboards and work areas; and scalable and robust platform. Oracle Procurement Cloud helps to: reduce spend on goods and services, streamline the source-to-settle processes, and drive compliance; automate and standardize negotiations with suppliers to quickly lower costs, reduce risk and bring efficiencies to operations.

Oracle Procurement Cloud enables casual users to easily requisition the goods and services they need from preferred suppliers at the contracted price, saving time and money, and provides a central point for supplier collaboration where suppliers can view a transaction status and take action such as catalog authoring and invoicing, improving communications and freeing employees to focus on more strategic objectives.

Oracle Project Portfolio Management (PPM) Cloud enables customers to: exceed project goals with best-in-class budgeting, cost estimating, billing and contract management; accelerate project staffing, delivery, productivity and success with project resource and task management; drive real-time collaboration with native social network communication tools; and make smarter decisions about key business trends and required success-driven actions.

Oracle Supply Chain Management (SCM) Cloud encompasses: Global Inventory Control; Flexible Product Cost Management; and Enterprise Product Master Data Management.

"In this constantly changing global business environment, it is increasingly important for companies to simplify business processes, increase productivity and control costs," said Rondy Ng, senior vice president of Application Development. "Oracle ERP Cloud is helping customers drive performance across the enterprise." Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon

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