See how finance, procurement, and project professionals can uncover the underlying drivers of profitability, improve the use of working capital, and control business expenditures.
Click through this interactive tour of Oracle Fusion ERP Analytics to learn more.
Profitability
Analyze revenue streams and costs to identify profitable products, services, and customer segments. Assess the profitability of different business units or projects to more efficiently allocate resources, ensure optimal pricing strategies, and prioritize investments that yield the highest returns.
Continuously monitor your organization’s financial health with key metrics to make informed adjustments to operations and ultimately enhance your long-term sustainability and growth prospects.
Working capital
Find valuable working capital insights into operational efficiency and liquidity management. Identify areas where working capital is tied up, such as excessive inventory or delayed receivables, enabling you to streamline your processes and optimize cash flow.
With a holistic view across departments, assessing vendor relationships and credit policies becomes easier, enabling better risk management and strategic decision-making.
Receivables
Analyze outstanding invoice categories by time period to see payment trends and potential collection issues. See the connection between receivables data to overall business performance, aiding in forecasting and strategy formulation. Examine credit memos and receipts to help optimize processes by evaluating adjustments and collections, leading to improved cash flow management and enhanced customer relationships.
Receivables
Prioritize collections based on the probability of default for each invoice and customer using predictive algorithms on aging receivables.
Payables
Identify trends in expenses, dive into the details of current and overdue positions, and monitor invoice processing efficiency. Assess your financial liabilities and pinpoint potential issues such as payment holds.
Foster more effective financial management by gaining insights into cash flow patterns, improving decision-making regarding vendor relationships, optimizing working capital, and ensuring compliance with payment timelines.
Payables
Maximize discounts and improve vendor relationships by predicting the risk of paying a vendor late or of an invoice being paid late.
Assets
Facilitate efficient resource allocation and risk assessment for improved operational efficiency and cost savings. Analyze your assets by category and type. Examine the entire asset lifecycle to proactively schedule maintenance, reduce downtime, and maximize the longevity of your assets.
Optimize asset retirement strategies by analyzing performance trends and usage patterns, allowing you to replace or dispose of assets at the most opportune time. Examine asset depreciation in-depth to accurately forecast financial impacts and aid budget planning.
Accounting
Examine all GL account activity, including GL balances, journals, and subledger transaction details, in a single, configurable view to effectively detect errors, prevent fraud, and ensure accurate financial reporting.
Accounting Hub
Create a system of insights for accounting data, sourced from Oracle Accounting Hub subledger applications. Discover operational and financial insights based on balances, journals, transaction attributes, and supporting references to address all analytical needs. Attain cross-functional view of your business by combining Accounting Hub data with Oracle Cloud Applications data and external data sources.
Spend
Quickly analyze spend across different categories, including business unit, geography, and cost center. Identify purchasing patterns and use them to develop strategies to consolidate suppliers or negotiate better pricing terms.
Spend
Identify rogue spend to drive sourcing strategy adoption and negotiate the most competitive pricing terms with suppliers.
Example: A high rate of off-contract spend on laptops in certain countries indicates that there’s a potential opportunity to sign new suppliers in this region.
Employee expenses
Optimize employee expense policies and improve audit performance to speed reimbursement.
Machine learning combs through large volumes of spend data to surface unforeseen anomalies and subtle patterns.
Example: Uncover audit violations by infraction type and business unit.
Procurement
Develop long-term cost-saving strategies by monitoring the discounts you receive over time along with the savings potential by item.
Identify the root cause of lost discounts and unearth areas for spend consolidation by examining purchasing trends.
Procurement
Analyze supplier performance against contractual obligations using prebuilt metrics, such as on-time delivery, rejected shipments, and return rates. Identify the root cause of poor performance to minimize disruptions to the business.
Procurement
Understand procurement cycle times to ensure service level compliance and fix operational bottlenecks that threaten productivity.
Easily analyze end-to-end finance and procurement data, such as requisition and invoice/payments, to determine the root cause of invoice holds and to ensure on-time payments to top suppliers.
Projects
Gain insight into project financials to identify at-risk projects and monitor budget overruns. Quickly determine the cause of the problem and take action to get the project back on track.
Data extensibility
Oracle Fusion Analytics provides a variety of ways to include data beyond what resides in Oracle Cloud Applications.
Leverage self-service methods to connect to external data sources via native connectors or to simple data files located on your computer.
Or, you can curate data together by loading external data into the same data model as your Oracle Cloud Applications data using Fusion Analytics’ data augmentation connectors or any data integration tool of your choice.
Cross-departmental
Eliminate data silos with a single, prebuilt, extensible data model for analytics across supply chain, finance, HR, sales, and marketing.
Access all your important KPIs in one place with a library of ready-to-use, best practice KPIs across departments to make quick and collaborative decisions.
Let Oracle help you navigate your analytics-driven journey