INFORMATION INDEPTH NEWSLETTER
Financial Management Edition
Oracle Corp
August 2012 Stay Connected: Facebook Blog Twitter Mix
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New Oracle Cloud ERP Services Keeps You In Front

A complete set of enterprise resource planning services, including financial accounting, planning and budgeting, risk and controls management, procurement and sourcing, inventory and cost management, and project portfolio management, are now available as part of Oracle Cloud application services. Oracle Cloud delivers integrated industry standards in a cloud environment that is completely managed, hosted, and supported by Oracle.

With a wide range of business application and platform services, Oracle Cloud is the only commercial cloud offering that eliminates the data and business process fragmentation that occurs when customers use multiple, siloed public clouds.

“Most cloud vendors only have niche assets. They don’t have platforms to extend. Oracle is the only vendor that offers a complete suite of modern, socially enabled applications, all on a standards-based platform,” says Oracle CEO Larry Ellison.

Oracle Cloud is powered by an enterprise-grade infrastructure, built in part with Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud that provides users with reliable and secure technologies for running critical business applications.

Oracle Cloud ERP services is an integrated suite that transforms the back office into a collaborative and efficient hub in which rich financial and operational capabilities are combined with the latest in social, mobile, and analytic technologies. The complete offering includes Oracle Fusion Financials; Oracle Fusion Governance, Risk, and Compliance; Oracle Fusion Procurement; Oracle Fusion Project Portfolio Management; Oracle Fusion Inventory Management; Oracle Fusion Product Hub; and Oracle Hyperion Planning.

Oracle Fusion Financials is a complete financial management solution with a broad suite of capabilities including modules for general ledger, accounts payable, accounts receivable, and fixed assets, as well as cash, expense, and collections management. Oracle Fusion Financials also offers a reporting platform built on top of an analytic data model. This enables single-step posting from transactions to the analytic data model for timely and accurate management and external reporting.

Together, Oracle Cloud ERP services deliver
  • A subscription-based SaaS deployment model with easy, predictable pricing
  • Financial management, planning and budgeting, risk and controls management, procurement and sourcing, inventory and cost management, product master data management, and project portfolio management
  • Global enterprise capabilities, including multi-GAAP, multicurrency, multilanguage, and multisubsidiary capabilities
  • A modern user experience optimized for today’s collaborative, hyperconnected, and mobile workforce
  • Business intelligence for everyone with pervasive and in-context analytics
Using Oracle Cloud ERP services, organizations can move to truly enterprise-grade cloud solutions that offer simplicity along with breadth and depth. These solutions allow organizations to turn their focus away from data to analyzing and optimizing business processes to achieve greater insight and intelligence, and to evolve from a process orientation to a focus on providing employees with the latest technologies that can help them achieve greater productivity.

Get more information about these and other Oracle Cloud capabilities.


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