What is Oracle ERP cloud? | HCLTech

What is Oracle ERP cloud?

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Oracle ERP Cloud
What is Oracle ERP cloud?

Oracle ERP (Enterprise Resource Planning) Cloud is an cloud based end-to-end Software as a service (SaaS) suite that manages enterprise functions including accounting, financial management, project management, and procurement.

The product run on Oracle technology stack in Oracle’s cloud centers. It is accessible through both public and private cloud implementation and supports hybrid deployment.

It consists of below modules:

  • Financials Cloud – It is the most comprehensive, integrated, and scalable financial management solution available. It offers extensive support for global companies in a wide variety of industries.
  • Project Portfolio Management Cloud – It is the modern, enterprise-grade solution for project-centric businesses, with complete and integrated project financial management to improve profitability, and contemporary project execution to power delivery.
  • Procurement cloud – It streamlines business’s source-to-pay process through automation and social collaboration, while controlling costs and achieving higher margins.
  • Risk Management Cloud - Oracle Risk Management with embedded artificial intelligence (AI) techniques automates advanced analysis for ERP role design, segregation of duties (SOX), data privacy (GDPR), and preventing financial fraud.