Maximizing Potential: Harnessing the Power of Oracle 23C Release
In the changing world of Oracle Cloud, progress is fueled by innovation with quarterly updates that bring exciting new features, improved functionality, and enhanced security.
The latest milestone in this journey is the release of Oracle 23C, which introduces enhancements to modules like Financials, Supply Chain Management and Human Capital Management. Join us as we explore the transformative capabilities and advancements that the Oracle 23C Release brings to the forefront of evolution.
What is Oracle 23C Release?
The Oracle 23C release is a decisive moment for the continued evolution of cloud computing from Oracle. This release includes significant improvements, in line with its commitment to continuously improve.
This is a testament to Oracle’s commitment to deliver modern and innovative solutions, making it possible for its users to take advantage of new features and developments in their enterprise applications. As the landscape of cloud solutions is redefined by Oracle 23C, embrace its revolutionary power.
The Oracle 23C Features in Supply Chain Management Module
Oracle 23C introduces revolutionary features in the SCM Module to take advantage of a new era of efficiency and functionality. These improvements define how users work together with in-house or outsourcing subassemblies, simplify their creation of purchase orders from requests for information and optimize the overall supply chain process by addressing key aspects of manufacturing and procurement.
Manufacturing
The ability to remove components from inhouse or outsourced subassemblies, even if a work order did not previously specify them, has been introduced into Oracle 23C so as to facilitate greater flexibility.
This is achieved by means of ad hoc negative material issue transactions, which are further simplified via a negative material return transaction for reversal or correction. Moreover, users who are not using an Oracle WebLogic identity provider can use existing login credentials for eSignatures in a manner other than relying on internal authentication systems.
Procurement
Oracle 23C introduces a valuable filter based on task creation time in the Notifications and Approvals Work Area of the Work List. To improve the effectiveness of task management, this will also apply to your default My Tasks view.
In addition, when generating purchase orders on the basis of requisitions, the Procurement module is now supporting payment currency from the supplier’s site. This allows local currency for the fulfilment of purchase orders to be instantly converted into foreign currency from requisitions with specified prices in foreign currencies.
Final Words
To summarize, Oracle 23C Release is proving to be a game changer in enhancing efficiency and bringing about changes in enterprise application landscapes. With its improved features in SCM and beyond, Oracle Cloud is constantly driving innovation to enhance user experiences.
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