Oracle E-Business Suite R12 Strategy

Announcing Oracle E-Business Suite Innovations in 2024

Oracle has announced the Oracle E-Business Suite 12.2.14 and the EBS Enterprise Command Centers – November 2024 Update are now available, the latest of several EBS releases delivered in 2024.

Summary of the April 2024 Update

Earlier this year, Oracle delivered the EBS Enterprise Command Centers – April 2024 Update and EBS Mobile Release 10.0, and Cloud Manager 24.1.1.3 Now Available

Thousands of organisations around the world still rely on Oracle E-Business Suite to run their key business operations. It is natural that organisations that rely on EBS for so much need to feel confident that their EBS systems will remain viable through their planning horizon.

The April 2024 Update includes many new features and below is a summary of the new ERP features:

General Ledger: Support for Secondary and Reporting Currency Ledgers; Support for Cost Center Hierarchy

Receivables and Payables: Enhanced Period Close Activities with Drilldown into Subledger Journals for Accounting Events; Drilldown into Journal Errors for Invalid Accounting Events

Projects: Billing Dashboard: Enhanced Visibility to Revenue Financial Plans and Revenue Accounting Analysis; Costing Dashboard: Enhanced Visibility to Cost Financial Plans and More GL Accounting Attributes; G-Invoicing: Support for Admin Mods, Support for EZ Invoices, Support for Invoice Generation for Multiple Customers using Participation Ratio for Shared Services, Visibility to Intragovernmental Transactions Exceptions

Lease and Finance Management: Asset Outcome Predictions using Machine Learning; Enhanced Period Close Readiness with Asset Transactions and Exceptions

Continuous Innovation

item-style The continuing pattern of new releases is consistent with Oracle's strategy of continuous innovation on Oracle E-Business Suite R12.2, which delivers ongoing applications and technology updates without a major upgrade, along with Oracle Premier Support for Oracle E-Business Suite R12.2 through at least 2035.

item-style It has always been Oracle's long-term plan to deliver a major release beyond EBS R12.2. This has now been clarified with the committed updated roadmap to support the next release of EBS through 2035 at least.

item-style Customers now have the opportunity to review their current strategy and investments in EBS to take advantage of this continued support.

item-style See the full summary,

Oracle E-Business Suite - Maximise your business investment by upgrading EBS, enhancing and automating

Enabling Natural Language Query of EBS 12.2 Using Oracle Generative AI

Oracle Application Unlimited have announced the ability to enable Natural Language Query (NLQ) of Oracle E-Business Suite Release 12.2 leveraging Oracle Generative Artificial Intelligence (AI) is now available.

What is Natural Language Query Using Oracle Cloud Generative AI?

The Oracle Select AI feature available in Oracle Autonomous Database (ADB), processes a natural language prompt, supplements the prompt with metadata, and then accesses the Large Language Models (LLMs) to generate a SQL query, and if requested, runs that query.

Oracle E-Business Suite (EBS) provides many powerful querying and sophisticated reporting capabilities such as EBS Enterprise Command Centers (ECC). Oracle Select AI goes a step further by enabling users to ask EBS questions in their natural language.

Join our next Finance SIG to learn more

EBS Enterprise Command Centers

Want to know more about ECC and the benefits they provide please watch the Oracle Apps Unlimited Finance Special Interest Group, Enterprise Command Centers webinar ECC Recording showing you the capabilities.

The Enterprise Command Module enhances the power and reporting capabilities by Identify and Act on Priority Transactions without Custom Operational Reporting

Information-Driven Navigation

item-style Browse and drill on actionable indicators

item-style Use consumer-like search and filters

item-style Displayed data recalculated with each drill

item-style “Conversation with the data” to narrow in on most important priorities

item-style Take action on selected transactions

Oracle EBS Enterprise Command Centers Module datasheet

Payables Command Center

Optimise Invoice Processing and Utilise Discounts

Optimise Days Payable Outstanding (DPO)
Optimise cash outflow
Improve supplier relationships
Optimise payables month-end processing

E-Business Suite R12 Upgrade, Enhance & Automate

How to Future Proof your investment in Oracle

What is the business users advantage of this?

How can it provide a material return on the investment?

How does it modernise our business?

One of the major components of an EBS environment which is very labour intensive is the P2P processes, initially in raising the purchase order (PO) and then the data entry of supplier invoices.

The supplier invoice entry process in EBS requires significant manual effort and necessitates the users to go through a number of screens to complete the task.

This area has seen major 3rd party technology enhancements over the past decade and clients who previously purchased a system, even in the past 3 years, can see significant improvements and cost reductions. The best generation of products are now cloud-based, which enables significant cost advantages, and provides automatic updates over the contract period for no additional fees.

They can also offer a seamless upgrade path from on-premise to Oracles ERP Cloud SaaS solution, future-proofing the automation of P2P.

Importantly they offer business users real benefits, as they have modern and intuitive interfaces to minimise mouse clicks and required keystrokes, typically with friendly single-screen processing. Some are even using mobile technology to further enhance the process and minimise user effort. These ensure you can obtain real and measurable ROI. Want to know how? Watch our Invoicing Insights Videos

Request your personalised Mi Invoices demonstration

To see the latest features and capabilities and how you can enhance your AP team's processes to make them stand out from the crowd and achieve ROI.

Our History and Experiences

Working closely with the EMEA Apps Unlimited team we have become their recommended partner for Invoice Automation requirements for E-Business Suite.

With the Apps Unlimted Team, we launched the Finance Special Interest Group (SIG) a series of events dedicated to Business Finance Users of Oracle E-Business Suite to make them aware of the latest features to enhance their Procure to Pay processes and networking opportunities to share experiences.

Oracle E-Business Suite R12 Strategy

Announcing Oracle E-Business Suite Innovations in 2024

Oracle has announced the Oracle E-Business Suite 12.2.14 and the EBS Enterprise Command Centers – November 2024 Update are now available, the latest of several EBS releases delivered in 2024.