Oracle is continuously striving to improve its Cloud applications, and the latest addition is Oracle 24A, which has new additions and enhancements. To help you understand the Oracle 24A Release better, this article presents five crucial aspects you should become acquainted with.
1. Enhanced AI and automation
Oracle 24A Release is a little more advanced than the previous version, containing more AI and automated processes for efficiency. For example, recruiting interconnects AI-enriched improvements for candidate search and selection. Talent management is embedded with AI to create user profiles, objectives, and evaluations. Training can be offered with suggestions that include automation for ease of learning. In general, the updates suggest optimizing time spent by providing smart recommendations and eliminating extra time-wasting steps.
2. Improved User Experiences
This Oracle 24A Release is centered on making interfaces more optimal through the reorganization of interfaces. Some of these sections, such as Absence Management, Time & Labor, and Payroll, have new pages added to boost their functionality. The Redwood theme also integrates with other HCM modules to deliver a coherent, modern, business-like customer experience. All these UX enhancements facilitate access to tools for employees and managers, as well as make the completion of tasks less of a hassle.
3. Broader global capabilities
Oracle has been continually adding to language and localization in the recently released 24A version. For example, Payables extends the new localized field for Invoice Details Request, and Global Payroll increases the country specificity. This announcement will be useful for those companies that work in the international market since broader global capabilities will enable the clients to implement standardized Oracle Cloud solutions for different locations.
4. Stronger financial controls
To prevent such exposures, further controls were enacted across financials by Oracle. In the new validations available in General Ledger, there are validations on subledger transfers, specific to direct transfers, and automatic creation of journals. Fixed assets require better duty segregation to address the issue of governance. Accounts payable, expenses, and receivables also become better equipped with stronger reporting and auditing capacities.
5. Innovations in the Supply Chain
Major changes in supply chain management initiatives are to optimize the corresponding processes. There are new capabilities for automating supplier certification, external procurement, and changes in planned items. There are enhancements in sourcing, contracting, and ordering. The use of more technology and appropriate methods in supply chain management can enable organizational processes to be improved.
The Oracle 24A Release offers several worthwhile enhancements, such as developments in AI and automation, updated UX/UI, increased global reach, more rigid financial management features, and supply chain advancements. Thus, incorporating this updated version will enable organizations to gain control and eliminate areas of resistance in their Oracle Cloud solutions. Opkey is a certified Oracle partner and a leading no-code test automation platform that maximizes the potential of the Oracle system to assist organizations in easily validating new releases. Opkey specializes in delivering enhanced test coverage and shorter test cycles, which facilitates rapid and simple ERP testing.
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