Embedded predictive, generative, and agentic AI capabilities
position Oracle Cloud ERP as the standard for SaaS ERP
solutions
AUSTIN,
Texas, Jan. 23, 2025 /PRNewswire/ -- Oracle has
once again been named a Leader in three Gartner reports assessing
finance capabilities: the 2024 Gartner® Magic Quadrant for Cloud
ERP for Service-Centric Enterprises, the 2024 Gartner® Magic
Quadrant for Cloud ERP for Product-Centric Enterprises, and the
2024 Gartner® Magic Quadrant™ for Financial Planning Software. In
each of these reports, Oracle was recognized as a Leader for its
"Ability to Execute" and "Completeness of Vision" for Oracle Fusion
Cloud Enterprise Resource Planning (ERP).
"We have entered a new phase of finance transformation—AI-driven
finance. As traditional finance processes are eclipsed by AI-driven
workflows, we are offering customers a distinct competitive
advantage by enabling them to seamlessly adopt capabilities that
can unlock new opportunities for growth," said Rondy Ng, executive vice president of
applications development at Oracle. "Gartner's recognition further
underscores our track record of stability, highlights our
unwavering commitment to innovation, and reinforces our relentless
focus on customers, making Oracle the ultimate financial
transformation partner."
With embedded predictive, generative, and agentic AI
innovations, Oracle continues to pioneer capabilities that
reimagine core financial functions to drive efficiency, insight,
and enduring value for customers across all industries. Oracle
Cloud ERP's embedded AI enables touchless operations, predictive
insights, and connected actions to help customers enhance
productivity, deliver business value, and fundamentally redefine
what is possible for finance and operations processes.
With Oracle Cloud ERP, organizations can:
- Improve productivity and efficiency with touchless
processes: Critical agentic AI capabilities simplify and
automate workflows, including the onboarding of complex
integrations for third parties via the document IO agent. The
ledger agent reduces manual effort by identifying exceptions and
anomalies in transaction data and automates daily accounting
operations, and descriptive generative AI content and visualization
capabilities enhance the narrative reporting preparation
process.
- Enhance decision-making with AI-powered predictive
insights: Essential AI capabilities enable organizations
to continually monitor plans, forecasts, and variances, identify
patterns in financial and operational data, predict outcomes, and
help make better business decisions. The generative AI-driven
advanced prediction agent helps organizations support multivariate
AI prediction models, leveraging financial and operational as well
as external factors in predictive forecasting.
- Drive cross-divisional opportunities and execution with
connected actions: Touchless operations and predictive
insights provide the connective tissue to help customers
proactively action and leverage the Oracle B2B network of financial
institutions and logistic service providers on the Oracle SaaS
ecosystem.
Organizations across all industries are leveraging Oracle Cloud
ERP to help increase productivity, reduce costs, and improve
controls, including one of the world's leading logistics providers,
DHL Supply Chain; one of the largest life insurers in the United States, Guardian; and the world's
largest dedicated online supermarket, Ocado Retail.
- "With Oracle Cloud ERP, we have transformed our accounting
services by standardizing financial processes across 40+ countries
to improve efficiency, reduce cost, and accelerate
decision-making," said Dietrich
Franz, Chief Financial Officer, DHL Supply Chain.
- "We have been able to expand insights, accelerate our financial
close, and increase efficiency. With our core financials in the
cloud and a complete view of our data, we can embrace Oracle's
embedded AI capabilities to further increase productivity,"
said Marcel Esqueu, vice
president, financial systems transformation, Guardian.
- "With Oracle Cloud ERP's automation capabilities,
controls, and data insights, we can focus more time on our mission
to change the way people shop for their groceries and ultimately
make our customers' lives easier," said Rebecca Burn, Oracle systems manager, finance,
Ocado Retail.
Over 10,000 organizations spanning nearly every industry and
geography turn to Oracle Cloud ERP applications to run their
businesses. As more enterprises join Oracle's community of
innovators, they will benefit from a comprehensive set of
enterprise finance and operations capabilities, including dedicated
AI agents, powerful AI and generative AI capabilities, financials,
accounting hub, procurement, project management, enterprise
performance management, risk management, subscription
management, supply chain management & manufacturing, and
Oracle B2B, which help revolutionizes the way organizations
transact, pay, finance, and ship sustainably across the globe.
Gartner Disclaimer
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trademark of Gartner, Inc. and/or its affiliates in the U.S. and
internationally and are used herein with permission. All rights
reserved.
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in its research publications and does not advise technology users
to select only those vendors with the highest ratings or other
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of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
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.
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SOURCE Oracle
