New offering within Oracle Fusion Cloud Applications Suite
helps business leaders streamline reporting, expand insights, and
improve decision-making at no additional cost
LAS
VEGAS, Sept. 11, 2024 /PRNewswire/ --
Oracle CloudWorld -- Oracle today announced Oracle
Fusion Cloud Sustainability, a new application within Oracle Fusion
Cloud Applications Suite that helps organizations efficiently
manage and report on sustainability initiatives. Offered to
customers at no additional cost, Oracle Fusion Cloud Sustainability
provides business leaders with a flexible framework to capture and
analyze critical sustainability data to enhance reporting, expand
insights, improve decision-making, and accelerate progress towards
environmental goals.
"Customers consistently tell us that the greatest barrier to
understanding their environmental impact is the time and complexity
required to chase down, organize, and analyze the necessary data,"
said Steve Miranda, executive vice
president, Applications Development, Oracle. "With Oracle Fusion
Cloud Sustainability, customers can eliminate these challenges,
efficiently align data with the latest regional guidelines,
automate sustainability reporting processes, improve
decision-making, and accelerate progress on their sustainability
goals."
Oracle Fusion Cloud Sustainability integrates data from Oracle
Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion
Cloud Supply Chain & Manufacturing (SCM) enabling analysis
and reporting within Oracle Fusion Cloud Enterprise Performance
Management (EPM) and Oracle Fusion Data Intelligence. With
Oracle Fusion Cloud Sustainability, business leaders benefit
from:
- Automated transaction records: Enable business
leaders to increase the speed, accuracy, and transparency of
sustainability reporting by using AI, classification
rules, and sustainability metadata attributes to
automatically create activity records and add transactions to a
sustainability ledger.
- Contextualized data: Enables business leaders to
gain the context needed to drive impactful decisions by allowing
them to view the operational data in Oracle Cloud ERP, Oracle Cloud
EPM, and Oracle Cloud SCM so they can see assets,
processes, suppliers, or products that need attention.
- Prebuilt dashboards: Enable business leaders
to gain a holistic view of sustainability performance and drill
down into the underlying details to inform next steps by
automatically exporting data to sustainability
dashboards with prebuilt KPIs and custom analyses in
Oracle Fusion Data Intelligence.
- Rigorous audit and traceability
capabilities: Enable business leaders to improve report
accuracy and transparency by providing financial-grade audit
traceability and tamper-proof ledger entries that deliver a full
record of all activities and events with sustainability impact,
along with any associated emissions.
- Sophisticated emission factor mapping: Enables
business leaders to calculate their organizations' carbon
footprint and obtain a more thorough understanding of the
environmental impact of business decisions. Business leaders can
also automatically calculate emissions for any type of activity
using representative values (emission factors) and comparisons
(global warming potentials) and perform the required
conversion of units of measure and currency.
- Comprehensive integrations: Enable business leaders
to streamline data collection from third-party applications and
track activity needed to meet reporting requirements by importing
activity data directly from external sources via REST APIs and
spreadsheets.
Oracle Fusion Applications Suite enables organizations to take
advantage of the cloud and the latest advancements in AI to break
down organizational silos, standardize processes, and manage
finance, HR, supply chain, and customer experience data on a single
integrated cloud platform. With updates delivered every quarter,
Oracle Fusion Applications Suite helps organizations embrace
continuous innovation and stay ahead of whatever comes next.
To learn more about Oracle Fusion Applications, please
visit: oracle.com/applications.
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please
visit us at oracle.com.
About Oracle CloudWorld
CloudWorld is where our
customers and partners can see the latest innovations in
cloud technology, discover methods for getting the most
business value from AI today, and explore ways to increase
productivity and efficiency through automation. You'll learn from
experts and your peers who build and use the applications,
cloud infrastructure, databases, developer tools, and AI
services that help solve complex business challenges in every
industry. Join us to develop new skills and see new
capabilities in action. Register now
at oracle.com/cloudworld or follow the news and
conversation
at oracle.com/news and linkedin.com/company/oracle.
Future Product Disclaimer
The preceding is intended to
outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any
contract. It is not a commitment to deliver any material, code, or
functionality, and should not be relied upon in making purchasing
decisions. The development, release, timing, and pricing of any
features or functionality described for Oracle's products may
change and remains at the sole discretion of Oracle
Corporation.
Forward-Looking Statements Disclaimer
Statements in
this article relating to Oracle's future plans, expectations,
beliefs, and intentions are "forward-looking statements" and are
subject to material risks and uncertainties. Many factors could
affect Oracle's current expectations and actual results, and could
cause actual results to differ materially. A discussion of such
factors and other risks that affect Oracle's business is contained
in Oracle's Securities and Exchange Commission (SEC) filings,
including Oracle's most recent reports on Form 10-K and Form 10-Q
under the heading "Risk Factors." These filings are available on
the SEC's website or on Oracle's website at oracle.com/investor.
All information in this article is current as of September 11, 2024 and Oracle undertakes no duty
to update any statement in light of new information or future
events.
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registered trademarks of Oracle Corporation. NetSuite was the first
cloud company--ushering in the new era of cloud computing.
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SOURCE Oracle