Oracle Fusion Cloud ERP is a suite of cloud-based applications that helps businesses manage their financials, procurement, project management, risk management, and other core business processes. It’s part of Oracle’s broader suite of cloud-based enterprise resource planning (ERP) solutions.
Here are some key features and components of Oracle Fusion Cloud ERP:
- Financial Management: This module includes features for general ledger, accounts payable, accounts receivable, cash management, fixed assets, and financial reporting. It helps businesses streamline financial processes and gain real-time insights into their financial performance.
- Procurement: Oracle Fusion Cloud ERP offers procurement features for managing sourcing, contracts, purchasing, and supplier management. It helps businesses optimize their procurement processes, control costs, and collaborate effectively with suppliers.
- Project Management: This module helps organizations manage project financials, resources, and schedules. It enables project managers to track project costs, monitor progress, and ensure projects are delivered on time and within budget.
- Risk Management and Compliance: Oracle Fusion Cloud ERP includes features for managing risk and compliance across various business processes. It helps organizations identify and mitigate risks, ensure regulatory compliance, and maintain data security.
- Supply Chain Management: This module provides features for supply chain planning, order management, inventory management, and logistics. It helps businesses optimize their supply chain processes, reduce costs, and improve customer satisfaction.
- Human Capital Management (HCM): While not strictly part of ERP, Oracle also offers Fusion Cloud HCM, which includes features for managing HR processes such as recruiting, onboarding, talent management, and payroll.
