SOURCE: Oracle Corporation

Oracle Corporation

October 26, 2015 16:30 ET

Oracle Enterprise Resource Planning Cloud Extends Product Depth and Breadth

New Features, Industry Tailored Functionality, and Country Localizations Add to Most Complete ERP Cloud Solution

SAN FRANCISCO, CA--(Marketwired - Oct 26, 2015) - ORACLE OPENWORLD -- Oracle (NYSE: ORCL)

Oracle Enterprise Resource Planning (ERP) Cloud, the leading cloud solution for finance, procurement and project executives with more than 1,300 customers, is extending the depth and breadth of the solution with over 190 feature additions, and ever-increasing industry-specific, multi-national and global capabilities. With customers in over 60 countries and available in 24 languages, Oracle ERP Cloud is the most comprehensive cloud solution for global enterprises. Solutions for Enterprise Performance Management, Governance Risk and Compliance and Supply Chain Management as well as native integration with the broader Oracle SaaS portfolio for Human Capital Management and Customer Experience offer customers a practical, business-driven, rapid adoption path forward.

Oracle ERP Cloud continues to enhance its capabilities in industries including professional services, financial services, retail, public sector, higher education, high technology, and manufacturing. This fully integrated solution with Oracle Supply Chain Management Cloud offers complete end-to-end supply chain finance orchestration.

Oracle ERP Cloud presents a simple and intuitive user experience driven by the latest design innovations. At a glance, users can view items that matter most, and continue to engage for deeper insights and actions as the information detail and business process warrants. This modern ERP Cloud user experience, accessible from any device, delivers an immediate increase in user productivity.

Oracle Financials Cloud

Oracle Financials Cloud is designed for control over operations and rapid information access with advanced embedded analytical capabilities.

  • Comprehensive cash positioning and forecasting delivers control over short-term liquidity through better planning and balancing of cash transfers or payments.
  • Expanded Financial Reporting Center features deliver a secure, collaborative report distribution model, aimed at both finance and line of business users, providing customers a single, consistent point of access for all standard and custom reporting needs.

Oracle Procurement Cloud
Oracle Procurement Cloud now includes added depth via direct materials support for manufacturers and supply chain orchestration, enabling customers in product industries to adopt cloud.

  • Direct Materials Support expands beyond indirect materials and services to support manufacturing and direct materials processes including configured items, drop shipment, and back-to-back orders.
  • Oracle Sourcing integration with Oracle PPM Cloud simplifies the management and tracking of complex negotiation activities.

Oracle Project Portfolio Management (PPM) Cloud

Oracle PPM Cloud is designed for the modern project worker with embedded analytics with interactive reporting and dashboards. Oracle PPM Cloud has broadened its native integrations to both cloud and on-premise solutions.

  • Real-time, actionable and unified project dashboards for project financial management and project execution provide improved project insight with enhanced via performance analytics for self-monitoring projects.
  • PPM Cloud now integrates Oracle Sourcing Cloud for managing negotiations and has expanded coverage for product development processes with integration to Innovation Management Cloud.

Oracle Supply Chain Management (SCM) Cloud

Oracle SCM Cloud enables companies to innovate quickly, execute rapidly, and scale their supply chains. Customers can rapidly deploy Oracle's supply chain management functionality with minimal risk, low cost, and maximum flexibility - either as part of an overall ERP transformation to Cloud, or as cloud-based shared services for specific supply chain functions. In additional to the existing support on the Cloud for Inventory, Costing, Product Master Data Management, Product Lifecycle Management, Transportation and Global Trade Management, Oracle Supply Chain Management Cloud now includes:

  • Oracle Order Management - Multi-Channel order management and fulfillment, plus integrated order capture, pricing and configuration
  • Oracle Planning Central - Integrated supply and demand planning, designed to streamline the planning process - from analysis, to optimization, to execution.
  • Manufacturing - fully integrated support for multiple manufacturing methods (Build to Stock, Build to Order, CTO, Outsourced) from product innovation, to production, to cost management.

Built on a secure and scalable architecture, Oracle ERP Cloud provides customers with flexible alternatives via full or modular adoption, seamless integration across clouds, on-premise and third party applications, as well as standardized best practices and rapid implementation templates.

"Oracle continues to maximize business value for our ERP Cloud customers by delivering frequent, customer-driven innovations at a pace unmatched by any on-premise or prior-generation ERP packages offered as SaaS." said Rondy Ng, senior vice president, Oracle Applications Development. "Our focus and continuous investments in industry specific capabilities significantly broaden our support for customers from service-based to now product-based industries as they adopt cloud."

The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described for Oracle's products remains at the sole discretion of Oracle Corporation.

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