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With increased competition in content creation, delivery, and the transition to direct-to-consumer for many companies, efficient financial systems and processes are a must in the media and entertainment (M&E) industry. Oracle Cloud technologies help M&E customers drive finance transformations through evolving M&E value chains to obtain greater visibility and insights into corporate and production financials.
With Oracle ERP Cloud, M&E companies can eliminate disjointed processes in a corporate or production environment and leverage best practices to streamline their business operations through a single source of data. In addition, Oracle ERP Cloud gives M&E companies the agility they need to allow new business models and simplify mergers and acquisitions.
Delivering a modern, personalized, relevant, and engaging UI for employees is important to guarantee the success and the adoption of a new finance platform across the business, including the creation of budgets, forecasts, and financial dashboards that are relevant to users.
In an always-changing digital world, M&E firms need to access a complete picture of the company's finances and be able to foster data-driven decision-making and predict possible risk. Oracle ERP Cloud is data-centric at its core and enables strategic planning based on analytical insights.
Today’s M&E CEOs expect their finance leaders to be strategic advisors—to help them find the next big opportunity, come up with new business models, find new markets, and evaluate the profitability of new products. By integrating technologies such as artificial intelligence (AI) and machine learning into finance applications, Oracle ERP Cloud gives finance leaders better insights into the business, so they can become the strategic business partner their organization needs.