Oracle E-Business Suite 12.2.4 Helps Organizations Further Optimize Business Processes, Reduce Costs, and Respond to Changing Market Conditions
(MENAFN Press) Today's global business environment is complex and constantly changing. To help organizations navigate this continuously shifting landscape and stay competitive, Oracle has released Oracle E-Business Suite 12.2.4. This latest release provides an updated user experience, significant customer-driven enhancements across the applications suite, and more integrations to Oracle Cloud Solutions. With the powerful new capabilities, organizations can manage that complexity while focusing on more strategic business issues and processes.
To help organizations manage the complexities of global business environments and gain a competitive edge, Oracle today announced the general availability of Oracle E-Business Suite 12.2.4.
With modern user experience updates, significant customer-driven enhancements, and more integrations to Oracle Cloud Solutions, Oracle E-Business Suite 12.2.4 enables organizations to further optimize business processes, reduce costs, and respond quickly to changing market conditions.
Organizations already on Oracle E-Business Suite 12.2 can use online patching to easily gain the latest functionality.
Enhancements Drive Increased Business Value
Oracle E-Business Suite 12.2.4 helps organizations further optimize business processes, reduce costs, and respond quickly to changing market conditions by introducing enhancements in the following enterprise resource planning (ERP) areas:
oOracle Financials: Faster approval cycles from parallel approval of invoices. A single mass allocation formula is used to generate allocation journals for all ledgers in a ledger set. Integration with Oracle Revenue Management Cloud allows users to leverage the revenue compliance and recognition benefits of that product.
oOracle Projects: Enhancements in Oracle Project Contracts and Oracle Project Billing allow US federal contractors to improve cash flow, increase transparency and audit, and automate billing.
oOracle Purchasing: Web ADI“enabled spreadsheet creation and modification of purchase order lines, schedules, and distributions improves buyer productivity when dealing with large orders.
oOracle iProcurement: A streamlined single-step checkout flow allows employees to quickly complete shopping activities and start the requisition approval process.
oOracle Procurement Contracts: Improved buyer efficiency from auditing of contract documents by reviewing details of policy deviations and net clause additions.
oOracle Services Procurement: Enhanced capabilities provide buyers with greater flexibility to support a broad range of complex order scenarios.
oOracle Channel Revenue Management: Improved volume offer capabilities and a streamlined user interface enable users to quickly adapt to changing business conditions.
To further help organizations transform supply chains from a functional necessity to a competitive advantage, the latest release of Oracle E-Business Suite includes the following supply chain management (SCM) enhancements:
oOracle Order Management: A new HTML user interface provides improved usability, greater flexibility, and a more modern user experience.
oOracle Yard Management: A new solution enables manufacturing, distribution, and asset-intensive organizations to manage and track the flow of trailers and their contents into, within, and out of the yards of distribution centers, production campuses, transportation terminals, and other facilities.
oOracle Manufacturing: Significant usability improvements in the Oracle Manufacturing Execution System (MES) help improve operator productivity by simplifying time entry and quality collection. New capabilities to manage the auto-dekit (disassembly) of serialized products supports customer returns and internal reuse of component parts.
oOracle Enterprise Asset Management: Enhancements to support linear assets in industries, such as oil and gas, utilities, and public sector, help improve productivity and retire costly integrations and custom code.
oOracle Service: Enhanced spare parts planner's dashboard provides rich user interaction to improve planner productivity.
oOracle Value Chain Planning: Numerous enhancements across multiple products include deeper industry functionality, such as minimum remaining shelf-life enhancements for the pharmaceutical and consumer goods industries, multistage production synchronization for process industries, and integration between Oracle Service Parts Planning and Oracle Enterprise Asset Management for asset-intensive industries. New promotions planning analytics in Oracle Advanced Planning Command Center improve business insight.
To help organizations further modernize Human Capital Management (HCM) practices, the latest release of Oracle E-Business Suite includes:
oOracle Payroll: Payroll dashboard provides at-a-glance readiness checks, validation, and analytical views of the entire payroll cycle to help payroll administrators gain valuable insight into payroll processes, avoid costly errors, and improve productivity.
oOracle Self-Service Human Resources: Transaction dashboard helps employees and managers monitor the approval progress of self-service transactions, and review transaction details at any point after final approval.
oOracle Learning Management: Enhanced user interface simplifies the learner's ability to search the training catalog, engage in learning activities, and share experiences with fellow learners.
To enable improved user productivity across the applications, the latest release of Oracle E-Business Suite incorporates these current UI design trends:
oOptimizations for touch screen tablets, including larger buttons and support for touch gestures.
oSupport for users to hide/show table columns and save changes as a user personalization.
oA simplified home page with colorful icons allows users to easily access favorite functions, and a streamlined universal global header provides easy access to common functions from any page.
oMore fine-grained proxy access gives users greater control over delegating their Oracle E-Business Suite authority to other users.
"Organizations today need to provide the workforce with a more modern user interface, and address business challenges with greater automation and efficiency," said Cliff Godwin, senior vice president, Oracle Applications Development. "With Oracle E-Business Suite 12.2.4, Oracle continues to modernize the user interface and deliver new customer-driven capabilities across the applications, while reducing the costs of owning and running Oracle E-Business Suite."
Oracle E-Business Suite
Oracle E-Business Suite YouTube Channel
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE:ORCL), visit oracle.com.
MENA News Headlines
| Dec 21 2014 - ||Saudi produces 74 percent of GCC polymer capacity, MENAFN|
|(MENAFN) The National Petrochemical Industrial Co. (NATPET), a Saudi joint stock company, has revealed that 74 percent of the GCC's polymer capacity, totaling 17.6 million tons, was produced in the ...|
| Dec 21 2014 - ||Algeria worried on falling oil prices, MENAFN|
|(MENAFN) Algeria, which oil revenues make up 97 percent of its hard currency earnings and 60 percent of the government's budget, is beginning to feel the impact of the fall in oil prices that led it ...|
| Dec 21 2014 - ||UAE's non-oil trade hits USD142b in H1, MENAFN|
|(MENAFN) The UAE's Federal Customs Authority (FCA) said that the value of direct total foreign non-oil trade has reached USD142.8 billion during the January-June period of 2014, Arabian Business ...|
| Dec 21 2014 - ||UAE slams non-OPEC members on rising oil production, MENAFN|
|(MENAFN) The UAE's Ministry of Energy said that the decision made by the Organization of the Petroleum Countries (OPEC) not to cut production was correct despite the prices continuing with their drop ...|
| Dec 21 2014 - ||Oman's OLC, Spanish CLH sign USD320m contract, MENAFN|
|(MENAFN) Orpic Logistics Company (OLC), a joint venture between Oman Oil Refineries and Petroleum Industries (Orpic), announced it has signed an engineering, procurement and construction (EPC) ...|
| Dec 21 2014 - ||UAE's Hakkasan acquires USD36m The Light Group, MENAFN|
|(MENAFN) Hakkasan Group, the hospitality and entertainment company owned by Abu Dhabi-based Tasameem Real Estate, announced it has acquired The Light Group from Morgans Hotel Group (MHG), Arabian ...|
| Dec 21 2014 - ||Omani OPWP awards Singaporean firm USD250m water project, MENAFN|
|(MENAFN) Oman's state-owned Oman Power and Water Procurement Company (OPWP) announced it has awarded a consortium led by the Singaporean Hyflux Ltd and National Power and Water Co a USD250 million ...|
| Dec 21 2014 - ||Oman's SGRF boosts acquisition of local assets, MENAFN|
|(MENAFN) Oman's State General Reserve Fund (SGRF) announced it has boosted its buying of assets in the local market, particularly shares, due to the massive drop in the prices as the result of the ...|
| Dec 21 2014 - ||Oman's Napco revenue hits USD34.95m in 9M, MENAFN|
|(MENAFN) Oman's National Aluminum Products Company (Napco) announced it has registered a net profit of over OMR USD1.25 million as well as revenues totaling to USD34.95 million during the ...|
| Dec 21 2014 - ||Dubai's Nakheel to restart USD550m Vietnam project, MENAFN|
|(MENAFN) Nakheel, the Dubai property developer, announced that it will propose a plan to restart a delayed project in Vietnam's northern province of Quang Ninh, which has an estimated value of USD550 ...|