Oracle Business Intelligence Applications 7.9.5.1 (Oracle BI Applications) owned by Oracle introduces new capabilities that allow public sector agencies with fact-based and timely insight into their operational budgets and funds management.
New capabilities have been incorporated into the Oracle Financial Analytics application.
Now generally available, the new release of Oracle Financial Analytics helps public sector agencies to:
-Gain insight into operational details that contribute to the proper funds management and spending controls;
-Detect exceptions in a timely manner by monitoring budget spending effectively; and,-Provide senior executives and program managers with real-time information to support trend analysis and critical decision-making on important issues.
To help agencies deploy the software and achieve a rapid return on investment, Oracle Financial Analytics for public sector agencies features:
-Pre-built integration with the Oracle Financials module of the Oracle E-Business Suite 11.5.10;-Extensions to the Oracle BI Applications data warehouse schema and metadata layer to support public sector content;
-Extraction Transformation and Load (ETL) maps to pull data from the Oracle Financials module of the Oracle E-Business Suite; and,-Pre-built dashboards and reports for public sector agencies designed to provide key data pertaining to budget authority and execution, including Appropriations, Apportionments, Allotments, Commitments, Obligations, Expenditures, and Available Authority.
Oracle Financial Analytics for public sector agencies delivers intuitive, role-based intelligence across an organization from front line employees to senior management including CFO, Budget Manager, and Budget Analyst.
“Maximizing budget and payment performance is a priority for all organizations, including public sector agencies,” says Paul Rodwick, vice president of Product Management, Oracle Business Intelligence.
“To help these agencies gain a tighter grasp over their budgets and payments, Oracle Financial Analytics allows for timely insight into financial performance, enables strict management of timely payments, and supports financial accountability and best practices.”
“Featuring integration with the Oracle E-Business Suite, support for third-party data sources, pre-built ETL maps as well as financial dashboards and reports, Oracle BI Applications can be deployed quickly to enable public sector agencies to achieve rapid return on investment.”
L.D.