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When I speak with CFOs, CAOs and senior finance and operations leaders, two areas of discussion keep coming up: the digital transformation journey and innovation. Organizations are finally ready to begin their digital finance transformations and eagerly want to take advantage of a continuous stream of innovation for their business.
The need to simplify, standardize, automate, and then innovate is now an imperative for customers across industries and geographies. Whether customers are looking to improve the speed and accuracy of business processes by removing mundane, repetitive, and manual tasks using machine learning or want to enhance analytical decision-making via sophisticated predictive algorithms, choosing to partner with Oracle is sure way to get the right results.
To help our customers gain the speed and insights they need to be successful, my team and I are excited to announce several new innovations within Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Enterprise Performance Management (EPM) that help finance, operations, and procurement organizations focus on more strategic work. These include:
Our customers are in great company. More than 8,200 organizations across all industries and geographies rely on Oracle Cloud ERP to run their businesses. Oracle Cloud ERP offers a comprehensive set of enterprise finance and operations capabilities, including financials, accounting hub, procurement, project management, enterprise performance management, risk management, subscription management, and supply chain and manufacturing. It is a self-updating platform that constantly provides customers with the industry’s most advanced technologies every 90 days, giving organizations the ability to build, innovate, automate, adapt, and leverage new business opportunities on-demand.
Here’s what some of our customers have been saying about the continuous innovation enabled by Oracle Cloud ERP:
I don’t worry about patching our environment or just keeping things running. And that allows me and my team to focus on other things — David Hovstadius, Senior Vice President of Finance Operations at Hearst
Oracle Fusion Cloud applications are natively designed for the cloud, so these innovations are made available in an easy-to-consume, non-disruptive manner. It’s easier to go through these upgrade cycles. You’re getting more robust functionality, more frequently — Victor Fetter, CIO at Fortive
We don’t have to get approval for a big system upgrade to get new capabilities. They’re delivered every quarter, and we can turn them on as needed — Jamie McConnell, Vice President and Controller at Chipotle
And, our ERP solutions continue to garner industry recognition. Just last month, Oracle Cloud ERP was named a leader for the third successive time in the 2021 Gartner® Magic Quadrant for Cloud ERP for Product-Centric Enterprises, ranking highest for “ability to execute” and furthest right for “completeness of vision.” We were also recently named a Leader in the 2021 Gartner® Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises for the fifth straight year and were named a Customers’ Choice Vendor in the 2021 Gartner® Peer Insights ‘Voice of the Customer’: Cloud Financial Planning and Analysis Solutions.
It’s because of our customers’ honest feedback, influencing more than half of our quarterly updates, that we are able to continuously innovate and deliver products that set the industry standard. From my team to yours: thank you for being a part of the journey in creating the industry’s leading cloud ERP.