Analytics for Enterprise Resource Planning

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Data Challenges

- in achieving objectives

Identify cost savings and mitigate financial risk

Full visibility into company spend

Quickly analyze organizational spend across different categories, including business unit, geography, and cost center with prebuilt, performance indicators across departments. Develop strategies to consolidate suppliers and negotiate better pricing terms using detailed insights into purchasing patterns.

Minimize non-compliant spend

Reduce off-contract spend and minimize agreement leakage with detailed insights into savings metrics, such as negotiated spend percentage and rogue spend by category type.

Align finance and procurement to optimize working capital

View finance and procurement metrics together to optimize working capital without complex data integration or help from IT. Optimize supplier payment timing by performing cost-benefit analysis to capture unrealized interest and/or early payment discounts.

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Item 2 content

Full visibility into company spend

Quickly analyze organizational spend across different categories, including business unit, geography, and cost center with prebuilt, performance indicators across departments. Develop strategies to consolidate suppliers and negotiate better pricing terms using detailed insights into purchasing patterns.

Minimize non-compliant spend

Reduce off-contract spend and minimize agreement leakage with detailed insights into savings metrics, such as negotiated spend percentage and rogue spend by category type.

Item 3 content

Full visibility into company spend

Quickly analyze organizational spend across different categories, including business unit, geography, and cost center with prebuilt, performance indicators across departments. Develop strategies to consolidate suppliers and negotiate better pricing terms using detailed insights into purchasing patterns.

Minimize non-compliant spend

Reduce off-contract spend and minimize agreement leakage with detailed insights into savings metrics, such as negotiated spend percentage and rogue spend by category type.

Align finance and procurement to optimize working capital

View finance and procurement metrics together to optimize working capital without complex data integration or help from IT. Optimize supplier payment timing by performing cost-benefit analysis to capture unrealized interest and/or early payment discounts.

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Advantages of Analytics

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  Oracle Cloud ERP
 

With Oracle Fusion ERP Analytics:

With third-party tools:

Prebuilt capabilities
More than 2,000 ready-to-use, best practice KPIs, metrics, dashboards, and reports
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More than 2,000 ready-to-use, best practice KPIs, metrics, dashboards, and reports
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For the first time ever, we are benefiting from an analytics solution that can provide an easy-to-use and engaging experience for C-level executives.

Fahad Qazi, Vice President of Business Applications, Target Hospitality

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