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Extending its lead in the cloud ERP market, Oracle today announced updates to Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Enterprise Performance Management (EPM). The latest innovations help finance teams leverage touchless operations, predictive planning, and digital assistants to pivot towards growth.
“2020 has been one of the most challenging years to run a business, putting added pressure on finance teams to balance short-term challenges with longer-term strategic initiatives,” said Rondy Ng, senior vice president of applications development, Oracle. “Our newest innovations help finance teams rapidly adapt to the current economic climate, drive new business models, and improve strategic decision-making; all designed to help our customers define their future.”
The latest product updates enable organizations of all sizes to quickly and easily take advantage of innovations in artificial intelligence, digital assistants, and natural language processing. These advancements help finance teams improve decision-making with real-time insights, simplify business processes, and drive efficiencies needed to pivot organizations towards growth.
Increased Efficiency with Touchless Operations: New features and capabilities that help organizations increase efficiency, speed, and accuracy with touchless operations include:
Improve Decision Making with Predictive Planning: Organizations can intelligently plan and rapidly execute with new capabilities that include:
Improve User Productivity and Collaboration with Digital Assistants: Simple conversational and contextual user experience features that benefit all users include:
Additional advanced industry-specific features that support utilities, oil and gas, asset-intensive industries, and professional services include:
Oracle was recently named the sole Leader in Gartner’s 2020 “Magic Quadrant for Cloud ERP for Product-Centric Enterprises1” for Oracle ERP Cloud for the second consecutive time. Oracle was also recognized as a Leader in Gartner’s 2020 “Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises2” for Oracle ERP Cloud for the fourth consecutive year and Gartner’s “Magic Quadrant for Cloud Financial Planning and Analysis Solutions3” for the third consecutive year.
1 Gartner, Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Tim Faith, Duy Nguyen, Denis Torii, Paul Schenck, Christian Hestermann, 22 June 2020. Previous title included Magic Quadrant for Cloud ERP for Product-Centric Midsize Enterprises.
2 Gartner, Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises, Robert Anderson, John Van Decker, Greg Leiter, 29 June 2020
3 Gartner, Magic Quadrant for Cloud Financial Planning and Analysis Solutions, Robert Anderson, John Van Decker, Greg Leiter, 8 August 2019
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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