Merges Industry Leading Process Automation with Better Information for Decision Making At the Oracle Applications User Group (OAUG) Conference, Oracle Corporation today announced the immediate availability of Oracle Applications Release 11. The new release not only excels at the traditional task of automating enterprise business processes, but also provides unparalleled information access for better decision making and continuous process improvement. Release 11 of Oracle Applications advances the state of the art with numerous industry firsts across the manufacturing & supply chain, financials, human resources, and front office families. Fully integrated is an all-new Business Intelligence System, which provides fast answers to tough questions throughout the business. Offering information relevant to both senior executives and line managers, Release 11 enables companies to respond far more quickly to changing business conditions. "Software vendors have spent the last decade looking for ways to help businesses run more efficiently," said Oracle CEO and Chairman Larry Ellison at the Oracle Applications User Group in San Diego. "Cost and efficiency improvements are vital, but they don`t address the even greater need for rapid, effective decision making. Release 11 is the first system to couple process automation with a powerful Business Intelligence System." "We expect to make Release 11 available to the South African market within 2 months once all staff have been fully trained on the new functionality says Peter Forsyth, Applications Manager for Oracle South Africa. We are very excited by Release 11. This is certainly the most advanced ERP system available today." Release 11 Highlights - Industry Firsts Release 11 establishes multiple industry firsts: Flow Manufacturing: Oracle is the first enterprise vendor to offer flow manufacturing, the innovative manufacturing technique that leading manufacturers have pioneered to cut inventory costs and reduce cycle times. Utilizing flow line design and line balancing, Kanban planning and execution, and workorderless production, flow manufacturing is widely anticipated to revolutionize the manufacture of mass customized products. Rapid, One Step Planning: Advanced manufacturing planning and scheduling span the entire supply chain, optimizing among complex material and capacity constraints extremely rapidly - in as little as a few minutes - enabling quick response to changing demand. Global Consolidation System: The industry`s only complete consolidation engine seamlessly integrated with the operational financial systems not only expedites the financial close, but also provides unique visibility to financial data during the close period. Workflow-Driven Self-Service: The best way to lower the cost of many business transactions is to shift processing from dedicated administrative employees to the broader workforce via self-service. Release 11 includes Oracle`s 3rd generation of self-service, which offers web screens uniquely designed for the general user, driven by workflow-enforced business rules that achieve 100 percent paperless automation. End-to-End Competency Management: Oracle`s Human Resources system moves beyond the standard automation of HR administrative functions to focus on the higher value goal of improving people`s skills and leveraging those skills for maximum benefit. Customer Management System: Oracle is the only enterprise applications vendor that completely integrates front office applications for sales force and service automation, providing benefits that standalone front office systems cannot offer, such as push button Quote-to-Order and closed-loop marketing. By focusing on the customer interaction from all perspectives, Oracle Front Office promotes business growth and customer loyalty. Extensive Global Support Oracle Applications Release 11 addresses the world`s largest businesses with extensive global features that support the unique legislative requirements and customary business processes of more than 40 countries. Accompanying this rich capability are translations into 29 languages. Of special note is the extremely flexible support for the Euro, the currency of the European Monetary Union. Release 11 enables customers to conveniently and efficiently manage the extended transition period from separate country currencies to the Euro, eliminating the need for a "big bang" conversion required by other systems. Mid-Market Capability Release 11 also incorporates the ease-of-use features so critical to the mid-market. A new Application Implementation Wizard shortens the time required to go live, while the range of supported NT and UNIX hardware platforms supported offers excellent price/performance options. Oracle Corporation is the world`s leading supplier of software for information management, and the world`s second largest software company. With annual revenues of more than $6.7 billion, the company offers its database, application server, tools and application products, along with related consulting, education and support services, in more than 140 countries around the world.
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