Oracle Fusion ERP Analytics is a prebuilt, cloud-native analytics solution designed for Oracle Fusion Cloud ERP users. It empowers finance, procurement, and project professionals to uncover the underlying drivers of profitability, optimize working capital, and control business expenditures. By providing comprehensive insights into financial performance, this solution enables organizations to make informed decisions and enhance operational efficiency.
Key Features and Functionality:
- General Ledger Insights: Gain a comprehensive view of financial performance by analyzing profitability, costs, and revenue through historical trend and variance analyses using prebuilt metrics.
- Receivables Management: Improve collections and cash flow by performing in-depth revenue analysis, identifying inefficiencies in the collections process, and analyzing aging receivables using prebuilt performance indicators.
- Payables Management: Enhance payment performance by tracking on-time and overdue vendor payments, understanding invoice holds, and reviewing accounts payable aging trends with comprehensive dashboards.
- Spend Analysis: Achieve full visibility into company spend across various categories, develop strategies to consolidate suppliers, and minimize non-compliant spend using detailed insights into purchasing patterns.
- Expense Monitoring: Identify fraud and noncompliance by utilizing prebuilt data visualizations to detect expense anomalies, ensuring adherence to policy and timely reimbursements.
- Procurement Performance: Uncover cost-saving opportunities, enhance procure-to-pay efficiency, and minimize supplier risk by analyzing supplier performance against contractual benchmarks using multiple prebuilt metrics.
Primary Value and Solutions Provided:
Oracle Fusion ERP Analytics delivers actionable insights that help organizations optimize financial processes, improve operational efficiency, and make data-driven decisions. By offering prebuilt analytics and data visualizations, it reduces the need for complex data integration and IT intervention, enabling users to quickly identify trends, anomalies, and opportunities for cost savings. This solution addresses common challenges such as managing cash flow, controlling expenditures, ensuring compliance, and enhancing supplier relationships, ultimately contributing to improved business performance and profitability.