Oracle’s modern view of ERM
Oracle takes the approach that ERM is about more than simply protecting your assets. It’s about building a risk-aware culture so that your employees can take the most informed actions and make the best decisions. Our mission is to enable an ERM function that is always on, unified, coordinated, and aligned with your business operations.
When ERM becomes part of the fabric of every system
When your ERM solution is completely integrated into your finance, HR, and supply chain systems, you can model various problems, events, and possibilities across the business for potential impacts and opportunities. For example, during the COVID-19 emergency, your supply chain management (SCM) solution would help you recognize potential threats to the supply chain and shift course to meet new needs.
Learning lessons from COVID-19
COVID-19 brought to the forefront how vulnerable the supply chain can be in the event of a disaster and how deeply this can impact worker health and safety. In response to the pandemic and due to the connected nature of the supply chain domain, we’ve built best practices into our ERM solution that help promote a safe return to work.