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Oracle Business Intelligence (BI) Applications & Oracle Financial Analytics

Posted on April 25th, 2012 by Sanjit Anand ||Email This Post Email This Post

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Oracle BI Applications are complete, pre-built BI solutions that deliver intuitive, role-based intelligence for everyone in an organization—from front line employees to senior management—that enable better decisions, actions, and business processes.

This is based on best practices, these solutions enable organizations to gain greater insight and value from a range of data sources and applications including Oracle E-Business Suite, PeopleSoft, Siebel, and third party systems such as SAP.

Oracle BI Applications are built on the Oracle BI Suite Enterprise Edition, a comprehensive, innovative, and leading BI platform.

This enables organizations to realize the value of a packaged BI Application, such as rapid deployment, lower TCO, and built-in best practices, while also being able to easily extend those solutions to meet their specific needs, or build completely custom BI applications – all on one common BI foundation.

Oracle BI Applications are tightly integrated with E-Business Suite releases and support EBusiness Suite SSO (Single Sign On) and security at the user, object and data layers.

The good thing is , Oracle BI Applications leverage E-Business Suite Flexfields with pre-built “Action Links” allowing Oracle BI Apps users to securely access appropriate content and drill to transactional details within E-Business Suite applications.

Whereas, Oracle Financial Analytics, part of the Oracle BI Applications family, provides organizations with better visibility into the factors that drive revenues, costs, and
shareholder value and delivers robust financial information across the company value chain to enhance customer, supplier, and workforce analysis.

The good thing is , Oracle Financial Analytics provides hundreds of financial metrics, alerts, reports, and dashboards to provide financial professionals from executives
to department managers with timely information on costs and revenue at levels of detail such as by product, geography, region, and customer.

This allows managers to fine-tune strategy and improve performance without having to wait days or even weeks for specific reports to be run. With Oracle BI Applications, E-Business Suite users obtain the right information at the right time, so that corrective actions can be taken before issues escalate.

Financial Analytics integrates with Oracle E-Business Suite (EBS), Peoplesoft, JD Edwards, and SAP, which allows companies to implement the technology, filled with years of research and best practices, quickly and with a LOT less risk.

CFOs, Controllers, Accounting Managers, Finance Analysts, Department Heads, Payables and Receivables Managers, Payables & Receivables Analysts, Project Managers, Project Accountants, are mostly benifited with Financial Analytics.

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