FINANCE

What’s New in Oracle Financials 24C Release: A Comprehensive Overview

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The updated Oracle Financials 24C is here, loaded with novel functionalities, characteristics and safety improvements. It is rolled out to make financial work smoother and help in making well-informed choices. This edition concentrates on improving the user’s experience, enhancing data security matters as well as offering tools for boosting productivity in financial management activities. Let’s have a glance at what Oracle Financials 24C Release brings and how it can be beneficial for your business.

Informed Decision Making

Oracle Financials 24C introduces several features aimed at improving decision-making capabilities:

  • Advanced analytics and reporting:

The most recent version incorporates improved analytics and reporting features, giving a better understanding of financial data. Alongside fresh ways to visualize information and adaptable dashboards, users can swiftly spot patterns and make choices based on facts.

  • Enhanced budgeting and forecasting:

The budgeting and forecasting modules of Oracle have been enhanced, providing more accurate and adaptable financial planning instruments. This enables organizations to predict their budgetary requirements better while adjusting strategies as per the situation.

  • AI-powered insights:

Using artificial intelligence, Oracle Financials 24C includes predictive analytics for predicting financial results and recognizing possible dangers. This helps businesses be prepared by expecting changes in the market and adjusting their strategies ahead of time.

Optimize Your Transition

Moving to a new software version can be hard, but Oracle Financials 24C has many features aimed to make this change easy:

  • Seamless integration:

Oracle 24C Release improves blending with other Oracle Cloud facilities and applications from outside parties. This assures that all financial data is in sync and can be reached easily, lessening disturbances in the shift period.

  • User-friendly interface:

The user interface of Oracle has been overhauled so that it feels more instinctual and simpler to get around. This decreases the time needed for new users to learn and helps existing users adjust rapidly to the new characteristics.

  • Comprehensive training resources:

Oracle offers abundant training materials and resources for users to learn the new Release. This encompasses online tutorials, webinars, as well as detailed documentation aiding in the understanding process.

Unlock Oracle’s full potential

To get maximum benefit from the latest enhancements in Oracle Financials 24C, it is important to comprehend and make use of all features:

  • Automated workflows:

The fresh edition has better automation features, which let users automate repeated jobs and simplify financial operations. This not only boosts effectiveness but also brings down the chances of mistakes from humans.

  • Improved compliance and security:

Oracle Financials 24C brings fresh security elements, safeguarding crucial financial data. Better compliance aids make it simpler for organizations to follow rules and regulations correctly, thus minimizing the danger of expensive fines or penalties.

  • Real-time data access:

Oracle Financials 24C has the ability for users to access data in real-time, which helps them make swift and precise financial choices. This characteristic is beneficial especially for companies requiring fast answers because they can react immediately to changing market situations.

Conclusion

Oracle Financials 24C is a strong Release that brings many fresh features to improve financial management, support better decision-making and protect data. By knowing and using these updates well, businesses can make their operations more efficient while keeping up with the fast-changing world of finance competition.

For a successful transition and full use of the benefits from the new Release, you can join Opkey. It is both an Oracle test automation partner and ranked as the top app in Oracle Cloud Marketplace. This makes it important to provide the necessary resources to keep your system maintained well.

Opkey’s AI-supported platform that doesn’t require coding can assist businesses in smoothly validating new Releases, achieving fewer test cycles and better test range. Opkey has more than 7,000 ready-to-use Oracle Cloud test cases, automatic impact analysis reports, as well as AI-based test creation and execution. This could reduce your testing time by 70%, saving you both money and effort while decreasing the workload on your team.

Use Opkey’s abilities in test automation to conduct thorough testing of Oracle Releases for all elements like functionality, security and performance. This will help you maximize the usage of your Oracle environment and keep a steady-running, productive financial operation.

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