Oracle Fusion Applications (OFA)
OFA (ERP, HCM. SCM, CRM & Other Apps): Generative AI to automate repetitive processes, provide predictive data to aid decision-making and personalize user experiences. NexCen AI agents can help improve productivity by working alongside your employees to help accomplish complex tasks and automate workflows seamlessly. AI models can be used as under:
- ERP (Enterprise Resource Planning) for managing finances, procurement, project management, and other critical company activities.
- Oracle Fusion Cloud HCM (Human Capital Management) for managing the complete employee life cycle, from hire to retire.
- Oracle Fusion Cloud SCM (Supply Chain Management) for optimizing supply chain operations, including planning, procurement, and logistics.
- Oracle Fusion Cloud EPM (Enterprise Performance Management) includes comprehensive financial planning, analysis, and reporting tools.
- Oracle Fusion Cloud CX (Customer Experience) for improving customer engagement and experience across many touchpoints.
Manage Oracle Fusion Applications with NexCen’s AI Consulting solution fitments and upgrade assessment services
Here are the new generative AI features Oracle has introduced in their Fusion application suite.
Oracle Fusion Cloud ERP (Enterprise Resource Planning)
- Insight narratives: AI-generated narratives aid in identifying abnormalities, variations, and biases, offering a deeper context for better decision-making.
- Predictive forecast explanations: AI-powered commentary helps financial professionals understand and trust predictive models, resulting in better adoption of these methods.
- Project plan and proposal generation: AI develops individualized project plans based on previous data and best practices, improving operational efficiency and reducing preparation time.
Oracle Fusion Cloud Supply Chain and Manufacturing (SCM)
- Item description generation: AI generates standardized product descriptions, which improves product listing quality and customer engagement.
- Supplier recommendation: AI discovers appropriate suppliers, increasing sourcing efficiency and lowering prices.
- Predictive insights: AI anticipates lead times, discovers product irregularities, and improves inventory management, helping to assure timely delivery and minimize risks.
Oracle Fusion Cloud HR Management (HCM)
- Job match explanations: AI assists candidates in understanding their job appropriateness, improving the recruitment process.
- Manager survey generation: AI helps managers create surveys, allowing them to receive fast employee responses.
- Performance reviews: AI summarizes performance reviews, allowing managers to quickly understand essential points and trends.
Oracle Fusion Cloud Customer Experience (CX)
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Service webchat summaries: Oracle AI for Customer Experience (CX) provides compact summaries of client conversations to help call center agents track and resolve issues.
- Sales content authoring: AI helps create customer success stories and sales paperwork, increasing sales efficiency.
- Marketing recommendations: AI offers subject-line recommendations, email content suggestions, and design improvements to optimize marketing efforts.
Oracle Fusion Cloud: Enterprise Performance Management (EPM)
- Narrative reporting: AI creates narratives for financial reports, making incorporating new insights and changes into planning papers easier.
- Project planning: Gen AI creates dynamic plans that optimize resources to meet financial goals and customer needs. It adjusts resources and costs to improve margins and reduce risk, drafts detailed project outlines, and tailors solutions based on external data.
Oracle Fusion Cloud Data Intelligence
- Predictive analytics: AI algorithms forecast customer behavior, financial patterns, and supply chain dynamics, allowing organizations to make more informed decisions.
- AI-driven insights: AI examines many data sources to deliver actionable insights, such as detecting payment irregularities or forecasting staffing needs.
AI integration in Oracle Fusion applications dramatically improves the capabilities of many business operations, including ERP, SCM, HCM, and CX. AI assists enterprises in optimizing operations and making better-informed decisions by automating routine tasks, giving predictive insights, and delivering tailored user experiences.
As per McKinsey report 44% of companies report that AI helps reduce costs, also shows a nearly 25% year-over-year increase in AI adoption, ensuring the smooth operation of enterprise applications can be daunting without proper guidance from an expert consultancy.
NexCen is Oracle Partner and collaborates closely with businesses, helping clients effectively adopt and leverage the new AI capabilities in Oracle Fusion Applications by providing experienced guidance and specialized implementation techniques, NexCen AI ensures enterprises can integrate sophisticated AI capabilities into their existing workflows.
With a thorough grasp of Oracle Fusion’s suite of applications, NexCen helps enterprises automate routine tasks, improve decision-making processes, and personalize user experiences, resulting in greater operational efficiency and productivity.