28 Oct 2011 Moving to Oracle R12 and leveraging value through greater automation
Again, we’re delighted to welcome Simon Shorthose, MD Readsoft UK, as a guest contributor
Many organisations are currently operating on Oracle Applications Release 12 or are planning to do so in the near future. With Release 12, Oracle boasts over 2300 new features over Oracle 11i, with over 300 in Oracle Financials. The application has been geared towards enhanced support for shared services, increased operational efficiency and flexibility, faster and simpler period end processing and timely and simplified reporting.
For the finance function, the requirement to eliminate inefficiencies in purchase to pay (P2P) and order to cash (O2C) processes in a central concern. They need better process visibility and compliance; better cycle time; and want to see continual cost reduction.
As decision making passes to corporate management the factor that influences the adoption of Oracle automation is return on investment. At board level, visibility and control of liabilities, as well as auditability and SOX compliance will all also be considerations.
From an information technology (IT) perspective, an automation solution will need to be Oracle validated to not impact their core Oracle E-Business Suite application, simple to administer and upgrade, and fit the corporate IT strategy.
ReadSoft PROCESSIT is fully supported on Oracle 11i and R12 E-Business Suite environments and is unique in its seamless integration with Oracle and maximises existing investment in Oracle applications.
In addition, ReadSoft PROCESSIT Oracle Fusion Middleware based AP Automation product is now Database, WebLogic, and Linux Ready and approved by the Oracle PartnerNetwork (OPN), demonstrating that ReadSoft has fully tested and is supported on Oracle Database 11g Release 2, Oracle WebLogic 11g Release 1 and Oracle Linux 5.5 or 6.x. The Oracle Exastack Ready program recognizes ReadSoft as having applications that leverage the latest Oracle technology to better support our joint customers. ReadSoft is a Gold level member of Oracle PartnerNetwork.
For more information on document automation, download the ReadSoft whitepaper: Maximising Oracle eBusiness Suite automation.