Oracle updated its suite of Fusion Cloud SaaS applications with various features for healthcare organizations.
Companies can use Oracle’s Fusion Cloud applications to manage and automate various business tasks, including supply main management and revenue forecasting. The suite is key to Oracle’s overall cloud strategy.
Healthcare is one of Oracle’s areas of focus, as made evident by the acquisition of health software specialist Cerner late last year, among other buyouts and product releases.
Updates to Fusion Cloud portfolio
New options for healthcare were recently added to the Fusion Cloud portfolio. Integrated features for Cloud HCM for HRM help healthcare organizations create staffing plans that comply with applicable laws and regulations. Staff planning was sped up and requires less manual work. The Cloud HCM features help healthcare organizations compensate employees. It also became easier to set up training programs for skill improvement.
Oracle Fusion Cloud EPM and SCM
Cloud EPM, which includes applications for (financial) business tasks, now feature analytics tools that allow users to find key data points in financial documents. The tools find trends, anomalies, forecast biases and variances. Furthermore, Oracle’s Cloud EPM application gained pre-built analytics dashboards and reports for typical healthcare use cases.
Additionally, Cloud SCM — a Fusion Cloud application for supply chain management — was updated with several features for healthcare. New product catalogues in the SCM interface help institutions find and purchase products. A new tool now automatically tracks inventory shrinkage. Furthermore, the latest release of Cloud SCM should streamline a number of other tasks, such as managing vendor discounts.
Lastly, Oracle’s Cloud SCM application can now monitor healthcare organizations’ medical equipment and indicate maintenance needs. Supported equipment includes devices used in patients’ homes.