Updated Oracle E-Business Suite Helps Organizations Achieve Better Business Value

Oracle E-Business Suite Release 1.2 provides rapid-value solutions, global enterprise platform, industry-specific capabilities

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Oracle today released Oracle E-Business Suite Release 12.1 to help companies and organizations more effectively compete in today's economy. The update Oracle E-Business Suite provides product enhancements across human resources, supply chain management, procurement, projects, master data management, customer relationship management, and financials.

The Oracle E-Business Suite Release 12.1 also features industry-specific features and solutions that help drive greater value across the enterprise. Industries with significant new functionality advancements include wholesale distribution, public sector, high technology, engineering and construction, life sciences, retail, professional services, communications, consumer goods, and utilities.

The suite helps companies achieve value quickly by offering standalone solutions that complement existing Oracle E-Business Suite 11i or Release 12 environments. Customers can take advantage of solutions without having to upgrade to this latest release.

Standalone solutions available with this release include new value chain planning solutions for Supply Chain Management, Oracle Sourcing On Demand, Oracle Incentive Compensation, and Oracle Warehouse Management. In addition, the new version delivers integrated analytics from Oracle Business Intelligence Applications, which are comprehensive, pre-built intelligence solutions for Oracle and non-Oracle applications that provide insight into key business processes.

Key features of the Oracle E-Business Suite Release 12.1 include an integrated talent management solution with enhancements to recruiting, succession planning, and performance and learning management. A new product -- Oracle Landed Cost Management -- gives organizations financial visibility into their extended supply chain costs.

Companies can increase agility by leveraging pre-built, sustainable integrations that enable reduced implementation risk and cost with Oracle Application Integration Architecture for the Oracle E-Business Suite.

This latest release of the Oracle E-Business Suite includes several rich industry-specific solutions that help companies strengthen their position in the market. For example, distributors will benefit from greater visibility into ROI of promotional funds, accrued assets, the effect of supplier price changes, and related liabilities with Oracle Supplier Ship and Debit and Oracle Price Protection for Wholesale Distribution. Retail businesses can leverage Oracle Product Information Management for Retail (PIM for Retail) to centralize product information from heterogeneous systems into a single view that can be used across all functional departments.

Oracle Site Hub helps organizations centralize information to help eliminate the problems associated with fragmented, incomplete and inconsistent site data resulting from rapid business expansion or mergers and acquisitions.

For more information, visit www.oracle.com.