Posted by Kashif Manzoor on 20th September 2013
Oracle has announced Oracle EBS 12.2 version on Sep 19, 2013. This latest version presents Online Patching to support administrations with high-availability requirements by dramatically reducing planned maintenance downtimes.
Oracle E-Business Suite Release 12.2.2 Media Pack is available at e-delivery site.
Few of the facts from Oracle’s press release
Enhancements Drive Increased Business Value
With hundreds of cross-industry capabilities that span enterprise resource planning (ERP), human capital management and supply chain management, Oracle E-Business Suite helps customers manage the complexities of global business environments.
Oracle E-Business Suite 12.2 helps organizations further optimize business processes, reduce costs and respond quickly to changing market conditions by introducing enhancements in the following areas:
Oracle Contract Lifecycle Management for Public Sector: An integrated acquisition management solution that helps drive efficiencies across government procurement processes and helps align compliance with the rules and regulations of the public sector acquisition process.
Oracle Financials: Integration with Oracle Fusion Accounting Hub and Oracle Data Relationship Management helps companies improve automation and efficiency while supporting compliance with changing accounting and reporting requirements.
Oracle Projects: Enhanced cost breakdown structure and labor costing helps improve cost control and accelerate project cash flow.
Oracle Purchasing: Improved integration, automated complex approval hierarchies and embedded best practices support greater efficiency in the purchasing cycle.
Oracle Supplier Lifecycle Management: An improved qualification user interface, qualification approval re-routing capabilities and mandatory compliance documentation help organizations streamline supplier evaluation.
To further help organizations transform supply chains from a functional necessity to a competitive advantage, the latest release of Oracle E-Business Suite includes the following supply chain management enhancements:
Oracle Order Management: A new solution for selling subscription services leverages Oracle Configurator to enable users to configure and sell products along with subscription-based services on a single order.
Oracle Warehouse Management: Streamlined mobile user interfaces, enhanced managerial workbenches, improved catch-weight functionality and better extensibility supports greater fulfillment flexibility.
Oracle Manufacturing Execution System: Usability improvements such as express serialized manufacturing help boost the productivity of shop floor operators and increase compliance through standardization. In addition, Oracle’s electronic-kanban electronic inventory planning and supply management solution helps enterprises successfully execute key lean manufacturing concepts.
Oracle Enterprise Asset Management: Enhanced support for compliance with safety regulations helps prevent injuries.
To help organizations further modernize HR practices, the latest release of Oracle E-Business Suite includes:
Oracle Payroll and Oracle Time and Labor: Simplified functions for local payroll administrators help reduce project costs and streamline workforce management.