Oracle Making AI For Business A Reality With Latest Fusion HCM And SCM Updates

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#1-Ranked Industry Analyst Patrick Moorhead dives into his conversation with Steve Miranda, executive vice president of Oracle applications development, in what has become a regular quarterly discussion about what is new in Oracle Fusion Applications.

also includes new rebate management capabilities, which should help customers streamline rebate programs, improve audit claim accuracy, and gain better visibility into program performance. Part of the Oracle Channel Revenue Management module, the new capabilities automate the rebate management process from rebate calculation through to financial settlement to help improve payment accuracy, reduce administration costs, and enable customer claims to be quickly settled.

From the employer perspective, Oracle Grow helps HR leaders better support employee development and potential. HR can monitor skills needs and gaps across teams and the organization as a whole, assign specific skills needed to achieve business objectives, and automatically add skills to every employee’s profile.How does Oracle prioritize features and capabilities to add to the upgrade list? Miranda answered this by walking me through the company’s three sources of feedback.

The third scenario is to introduce new technology to address issues that customers are not currently talking about or even aware of. AI in the supply chain is a good example. In the future, Oracle is looking at applying generative AI to help customers even more.

 

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