Today, line-of-business leaders need contextual, role-specific information delivered to them in the right place, at the right time. Applications with packaged analytics improve process efficiencies and drive faster time-to-value than the traditional model of performing analytics. When analytics are integrated into pre-built applications, data becomes more accessible because it has been built into the system. Business users can reduce reliance on IT, and quickly dig deeper into the insights as they are already familiar with the applications and interface.
Packaged analytics also improve compliance with your data governance policies. You can trust the data quality and consistency as the data originates from systems that are fully compliant, and data governance is simplified without having to deal with multiple systems.
Oracle Fusion ERP Analytics
Oracle Fusion ERP Analytics is a pre-built, cloud-native solution for Oracle ERP Cloud that helps finance and procurement teams uncover insights into profitability, improve the use of working capital, and control business expenditures.
Finance and procurement teams can gain insights beyond what Oracle ERP Cloud offers with additional data sources by extending the single, cross-functional data model and pipelines, and end user metrics without coding. Combined analytics and application capabilities enable organizations to unify financial analytics across different departments.
Benefits
- Support the day to day operations that need real-time transactional reporting and manage your daily workloads.
- Understand what invoices you need to prioritize, ensuring that the accountants are able to close the books, and create timely and accurate financial statements.
- Provide more strategic analysis to help guide management and executives and help them make tough decisions to manage disruption.
- Drill into your ERP transaction data to find opportunities to reduce costs, preserve cash, and ensure adequate working capital.
- Include other data sources in your analysis like HR, sales, operational data to deal with workforce decisions, drops in sales, or supply chain volatility.
- Take advantage of more advanced analytics capabilities like machine learning for use cases like planning and budgeting, scenario modeling, and management reporting.
- Incorporate the KPIs, variance analysis and historical trend analysis to help you determine where to pull the levers to adjust plans and take action.
Use Cases
Analyze Working Capital
- Get a holistic view across your financials to uncover opportunities to optimize working capital
- Improve payables and receivables efficiencies by analyzing aging trends and drilling to transaction details
- Create KPI benchmarks to guide follow up and quickly address trouble spots
Analyze Profitability and Cost Drivers
- Analyze top line growth and bottom line trends with detailed breakdown
- Understand the cost drivers across the enterprise to optimize return on Capex and Opex investments
- Combine finance and HR data to gain deeper insights into employee cost and productivity
- Combine finance and SCM data to gain deeper insights into operational cost
Analyze Procurement and Spend
- Seamlessly combine finance and procurement data across payables, procurement and employee expenses
- Get visibility into organizational spend to find cost savings across — category, business unit, geography, time period, etc.
- Mitigate financial risk by easily tracking off-contract spend patterns, and agreement leakage/utilization
- Include additional data in your analysis such as: Are suppliers committed to ESG?
Oracle Fusion HCM Analytics
Oracle Fusion HCM Analytics is a pre-built cloud native solution for Oracle HCM Cloud that provides human resource teams with ready-to-use workforce insights to improve their decisions related to workforce diversity, employee attrition and retention, talent acquisition, compensation, and more.
Combined analytics and application capabilities enable organizations to unify human resource analytics across different departments. HR teams can gain insights beyond what Oracle HCM Cloud offers with additional data sources by extending the single, cross-functional data model and pipelines, and end user metrics without coding.
Benefits
- Support your workforce by providing insights that are immediately available – with out-of-the box analytics that ensure you can tackle projects faster, so HR can become an even more proactive line of business.
- Collaborate with a unified view by using one solution for your enterprise (HR, finance, operations, sales, and more) and breaking down data silos which often make a common understanding of the business status impossible. Ensure alignment on goals, projects, and execution so that stakeholders can guide the business’ success.
- Improve confidence with high-quality, trusted data that is up to date, secure, and valid, to provide your workforce with the answers they need.
Use Cases
Track Diversity Indicators Against Organizational Goals
- Get a holistic view of your workforce to determine where diversity and inclusion efforts are needed most
- Use pre-built data models and KPIs to gain the views you need immediately such as gender ratio, distinct worker ethnicities, promotion rate, etc.
- Create KPI benchmarks to guide follow up and quickly address trouble spots
Strategic Insights for Health and Safety
- Incorporate third-party data for deeper insights and benchmarking
- Leverage the pre-built data model to quickly create custom KPIs / analysis
- Connect information across the enterprise through a pre-built data pipeline
- Assign KPIs to team members for follow up and investigation
- Connect with both HR and cross-functional teams to make strategic decisions
Recruiting Analysis for Better Hires
- Leverage 25+ pre-built KPIs to understand recruitment metrics including recruitment pipeline, offer-acceptance rate, drop-off rate etc.
- Address key areas of concern in the pipeline such as a lack of applicants for strategic roles
- Manage and plan recruiting efforts to find and connect with the highest quality candidates
Support and Manage Talent Mobility Across the Organization
- Analyze headcount movement and track gains and losses across business unit, departments, countries, and more
- Monitor internal mobility by HR event including promotion, transfer, and grade change
- Track internal / external mobility trends and turnover
- Analyze worker career path for jobs, grades, and positions, from hire to retire
