Oracle BI Helps Organisations Improve Workforce Performance & Spend Management
Oracle Business Intelligence (BI) Applications Release 7.9.6 delivers a vast range of new content and capabilities to existing applications including Oracle Human Resources Analytics, Oracle Procurement and Spend Analytics and Oracle Price Analytics to help organisations better understand their workforce, suppliers and pricing strategy performance.
A component of Oracle Fusion Middleware, Oracle BI Applications are comprehensive, prebuilt solutions for Oracle and non-Oracle Applications that enable customers to achieve fast time to value by reducing deployment time and help lower overall total cost of ownership.
HR Capabilities Extended to Recruiting Management, Learning Management and Leave and Absenteeism to Help Organisations Manage Talent Enterprise Wide
Oracle BI Applications Release 7.9.6 delivers new capabilities and content in Oracle Human Resources Analytics designed to help Human Resources (HR) professionals and front-line managers support talent management initiatives with up-to-the-minute insight into workforce performance and productivity levels across an organisation.
New focus areas in Oracle Human Resources Analytics include:
- Recruitment Analytics – helps recruiters analyse the recruitment process life cycle efficiency and effectiveness including visibility into recruiting pipeline, vacancy aging, recruitment stage selectivity, candidate sourcing and quality of hire;
- Learning Management Analytics – helps Learning Managers and Line Managers assess workforce learning participation rate and learning results as well as analyse course utilisation and course waiting time among other key aspects; and,
- Leave and Absence Analytics – assists managers and HR departments in closely tracking employee absence trends, gaining insight into employee availability enterprise wide, and forecasting employee availability based on planned absence events.
Oracle Human Resources Analytics is pre-integrated with the Human Capital Management modules of both the Oracle E-Business Suite and Oracle’s PeopleSoft Enterprise.
Enhanced Procurement and Spend Analytics
Oracle BI Applications also provides significant new enhancements to Oracle Procurement and Spend Analytics to help purchasing and sourcing organisations identify savings opportunities, improve operational performance, ensure timely delivery of quality goods at low costs and track reliability of supplier on-time delivery.
New and enhanced Oracle Procurement and Spend Analytics content includes:
- Spend Analyser – enables users to understand spending patterns and savings opportunities with increased insight into direct and indirect spend and contract performance;
- Employee Expenses – offers users a complete view of employee expenses including approval cycle times, expense report status and how money related to travel and expenses is being spent;
- Procurement Performance – enhancements help users further understand operational effectiveness and track performance to help identify and mitigate bottlenecks; and,
- Supplier Performance – enhancements enable users to further decrease costs and procurement cycle times as well as maximise working capital.
Oracle Procurement and Spend Analytics is pre-integrated with the Procurement and Payables modules of both the Oracle E-Business Suite and PeopleSoft Enterprise.
Oracle Price Analytics Delivers Consolidated View of Customer and Product Profitability
Oracle Price Analytics offers a single view of customer and product profitability to help organisations track and improve pricing and margin performance, understand and manage customer/deal discounting and monitor and improve price segmentation and policies.
Enhancements to Oracle Price Analytics include:
- Expanded Deal life cycle and Price Waterfall Analysis;
- New pricing variance alerts and pricing Key Performance Indicators; and,
- Ability to ‘Close the Loop’ on Pricing Segments and Strategies
ERP, CRM and Industry Specific Intelligence Solutions for Oracle and non-Oracle Applications
Oracle BI Applications also span Financials, Supply Chain and Order Management, Sales, Service, Marketing, Project, Loyalty and Contact Center Telephony, and a range of specialised industry analytics.
Oracle BI Applications Release 7.9.6 is certified with the Oracle E-Business Suite (11i10 and R12), PeopleSoft Enterprise (8.9 and 9.0), Oracle’s Siebel CRM (8.0 and 8.1.1) and Oracle’s JD Edwards EnterpriseOne (8.11SP1, 8.12, and 9.0).
"Organisations are under pressure to maintain, if not improve, performance while enacting broad cost-cutting measures,” said Paul Rodwick, Vice President of Product Management, Oracle Business Intelligence. “Oracle Business Intelligence Applications deliver insight into workforce, procurement and pricing performance to help organisations take decisive actions to improve their execution enterprise wide."
“Oracle's continued enhancement of Oracle BI Applications provides increased value for companies,” said Brad Reinders, VP, BI Consulting Group (BICG). “BICG's customers that use Oracle HR Analytics will benefit from the enhanced ability of the application to accommodate business processes such as automatically recalculating headcount when the termination paperwork is submitted after the date of the termination.”
