"76% of Finance Leaders and Organizations intend to run their ERP Cloud in the next two years." Moving on-premises enterprise applications to cloud solutions not only change the cost structure of enterprise applications but also reduce the risk for technological obsolescence by focusing on growth, innovation, and operational agility.
Companies both large and small rely on enterprise resource planning (ERP) and enterprise performance management (EPM) systems to manage accounting, financial planning and analysis (FP&A), revenue recognition, governance, risk management, compliance, procurement, projects, the financial close, and more. With a move to the cloud, you can innovate faster. Finance teams spend less time on routine tasks—such as data gathering and reporting—and more time on activities that add value. Modern cloud applications deliver meaningful insights to help you make better decisions and shape the future of your business.
Oracle offers many ways to help you move to the cloud. Start small by optimizing a single business process, such as the financial close. Go further by improving line-of-business functions, such as procurement or project management. Or, go all-in and gain all the advantages of a fully digital business.
Oracle Soar to the Cloud, the world's first automated cloud application upgrade product, is a complete set of automated tools and proven cloud transition methodologies that enables Oracle customers to reduce the time and cost of cloud migration by up to 30 percent.
With Oracle Soar, you can quickly and easily migrate from Oracle E-Business Suite, PeopleSoft, and Hyperion to Oracle ERP and EPM Cloud. Using the power of machine learning and automated tools, upgrade times have been reduced to as little as 20 weeks—a fraction of the time required for traditional, on-premises upgrades.
And once you're in the cloud, it's the last upgrade you'll ever do.
"76% of Finance Leaders and Organizations intend to run their ERP Cloud in the next two years”
Moving on-premises enterprise applications to cloud solutions not only change the cost structure of enterprise applications but also reduce the risk for technological obsolescence by focusing on growth, innovation, and operational agility.
I need to optimize a single business process.
Start with a purpose-built cloud application.
I need to optimize a department or function.
Start with Oracle Cloud applications.
I need all the benefits of a digital business.
Move to Oracle ERP Cloud.
Oracle offers many cloud applications that optimize specific finance processes, such as financial close, tax reporting, and revenue recognition.
Not ready for a full cloud migration? Start with a subsection of your business, complementing your existing ERP with select cloud applications, such as procurement, project portfolio management, risk management, and EPM.
By migrating from on-premises ERP to Oracle ERP Cloud, you gain all the benefits of a digital business: the latest innovations delivered via regular updates, social and mobile capabilities, meaningful insights delivered via personalized dashboards and reports, predictive analytics, artificial intelligence, machine learning, and more. Start building the finance function of the future.
Need to streamline accounting, comply with new revenue recognition guidelines, or report on new KPIs? We can help.
Optimize your source-to-pay and keep costs under control by selecting the best suppliers, enforcing policy, and managing supplier risk.
Deliver project transparency and collaborate more effectively. Gain insight through real-time dashboards generated from a single source of project truth.
“We're seeing these increases in agility and reductions in operating cost, enabling us to be more creative and aggressive in solving problems.”
Head of Finance Data and Architecture
Lloyds Banking Group
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