Thousands of organisations around the world rely on Oracle E-Business Suite to run their key business operations. It is natural that organisations that rely on EBS for so much need to feel confident that their EBS systems will remain viable through their planning horizon.
Oracle reaffirms its commitment to provide Oracle Premier Support for the future Oracle E-Business Suite 12.x release through 2031 at least.
Oracle commits to review and update annually, beginning in 2019, to extend Oracle Premier Support by one year, giving Oracle E-Business Suite 12.x customers a rolling window of at least 10 years of Oracle Premier Support.
Oracle announces that the future Oracle E-Business Suite 12.x release will be a “continuous innovation” release, allowing 12.x customers to update to the latest applications and technology innovations without undergoing a major release upgrade.
It has always been Oracle's long-term plan to deliver a major release beyond EBS 12.2. This has now been clarified with the committed updated roadmap to support the next release of EBS through 2031 at least.
Customers now have the opportunity to review their current strategy and investments in EBS but critically they will need to upgrade to 12.2.9 to take advantage of this continued support.
The Enterprise Command Module enhances the power and reporting capabilities by Identify and Act on Priority Transactions without Custom Operational Reporting
Browse and drill on actionable indicators
Use consumer-like search and filters
Displayed data recalculated with each drill
“Conversation with the data” to narrow in on most important priorities
Take action on selected transactions
How to Future Proof your investment in Oracle
One of the major components of an EBS environment which is very labour intensive is the P2P processes, initially in raising the purchase order (PO) and then the data entry of supplier invoices.
The supplier invoice entry process in EBS requires significant manual effort and necessitates the users going through a number of screens to complete the task.
This area has seen major 3rd party technology enhancements over the past decade and clients who previously purchased a system, even in the past 3 years, can see significant improvements and costs reductions. The best generation of products are cloud based, which enable significant cost advantages, provide automatic updates over the contract period for no additional fees.
They can also offer a seamless upgrade path from on-premise to Oracles ERP Cloud SaaS solution, so future proofing the automation of P2P.
Importantly they offer the business users real benefits, as they have modern and intuitive interfaces to minimise mouse clicks and required keystrokes, typically with friendly single screen processing. Some are even using mobile technology to further enhance the process and minimise user effort. These ensure you can obtain real and measurable ROI.
So, whether you look to upgrade your EBS platform on premise or migrate your environments to Oracle’s Cloud Infrastructure (OCI) to gain many of the benefits of Cloud operation, you can continue to run EBS and take advantage of your existing investments and customisations.
Updating your invoice automation can provide further business benefits and financial rewards as part of your ongoing business strategies.