Cloud Readiness / Oracle AI Apps for ERP
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  1. January 2020
  1. Revision History
  2. Overview
    1. Financials
        1. Enroll Suppliers in Standing Offers for Early Payment Discounts
        2. View Supplier Spend Data Converted to a Single Currency
        3. Use Data Insights from DataFox for Supplier Negotiation

January 2020

Revision History

This document will continue to evolve as existing sections change and new information is added. All updates appear in the following table:

Date Feature Notes
30 JAN 2020   Created initial document.

Overview

This document outlines the features in Oracle Adaptive Intelligent Apps for Enterprise Resource Planning. Each section includes a brief description of the feature.

DISCLAIMER

The information contained in this document may include statements about Oracle’s product development plans. Many factors can materially affect Oracle’s product development plans and the nature and timing of future product releases. Accordingly, this Information is provided to you solely for information only, is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, and timing of any features or functionality described remains at the sole discretion of Oracle.

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Financials

Oracle Adaptive Intelligent Apps for Enterprise Resource Planning (ERP) is a suite of artificial intelligence and data-driven features. The features help finance and procurement professionals improve returns on working capital and expand visibility into supplier operations.

Enroll Suppliers in Standing Offers for Early Payment Discounts

Apply dynamically calculated early payment discounts to your suppliers on an ongoing basis through standing offer enrollments. Create a combination of criteria, such as annual percentage rate (APR) and site assignment, for standing offers that can recur over an agreed time period.

View Supplier Spend Data Converted to a Single Currency

Display monetary values in a single reporting currency by default. Convert values from different currencies using the conversion rate type you select.

Use Data Insights from DataFox for Supplier Negotiation

Get better insights of supplier details through data from Oracle DataFox. You can use these insights to identify opportunities for spend consolidation or early payment discounts. Use the calculated revenue percentage and dependency values to better understand your negotiation position with suppliers.