Empowering ERP Reporting with AI: Modernizing Oracle Fusion Cloud ERP and Oracle E-Business Suite with AI for Enhanced Insights and Efficiency

AI and ERP reporting is the perfect match, providing businesses with the ability to make informed decisions faster than ever before. This is particularly true for modern ERP systems such as Oracle Fusion Cloud and Oracle E-Business Suite (Oracle EBS), which offer advanced reporting and visualization features that can be further enhanced with AI integration. However, a Gartner report states that though augmented analytics will be common by 2025, only 10% of analysts are expected to use its full potential. This creates the right opportunity for competitive businesses ready to leverage the significant gap to generate meaningful actionable insights from their voluminous data faster and more efficiently.

Business benefits of modernizing Oracle ERP reporting with AI

Modernizing Oracle Oracle Fusion Cloud ERP and Oracle E-Business Suite reporting with Artificial Intelligence (AI) brings several benefits to your organization. Here are some ways in which AI can be used to modernize ERP reporting in Oracle systems:

• Intelligent Data Processing: Integrating AI into your ERP system can boost productivity and efficiency by processing data at supersonic speeds without human intervention. It provides real-time data from multiple departments, enabling precise deductions for effective planning. 

• Automated Data Integration: AI-powered data integration techniques can streamline the process of gathering data from various sources, both within and outside the ERP system, and automatically integrate it for reporting purposes. This includes data from external applications, databases, spreadsheets, and other sources. AI can automatically map, clean, and transform data, reducing manual effort and improving data accuracy.

• Integrated and Advanced Analytics: AI-powered advanced analytics techniques, such as machine learning and predictive analytics, can provide organizations with deeper insights from their ERP data. For example, AI can analyze historical sales data to identify patterns and trends, predict future demand, or optimize pricing strategies. These insights can empower your organization to make data-driven decisions and drive better business outcomes with improved business agility.

• Natural Language Processing (NLP) for Querying: NLP techniques can enable your users to query Oracle ERP systems using natural language commands. This makes reporting more intuitive and user-friendly, as users can express their reporting requirements in plain language without needing to understand complex ERP terminologies or query languages. AI-powered NLP can also interpret user queries and generate relevant reports, making it easier for users to retrieve the information they need.

• Interactive Data Visualization: AI-powered data visualization tools can create interactive and visually appealing visualizations that enable users to explore and analyze data more effectively. For example, AI can automatically generate charts, graphs, and dashboards that provide a visual representation of ERP data, making it easier for users to identify trends, outliers, or anomalies. Interactive data visualization can enhance user engagement with ERP reporting and facilitate data-driven decision-making.

• Chatbots and Virtual Assistants: AI-powered chatbots or virtual assistants can provide users with real-time support and guidance in generating reports. Users can interact with the chatbot or virtual assistant using natural language commands, and the AI-powered assistant can guide users through the steps of generating reports or providing recommendations based on user requirements. This can make ERP reporting more accessible and user-friendly, especially for users who may be less familiar with the system.

In summary, modernizing Oracle EBS and Cloud ERP reporting with AI helps in automated data integration, advanced analytics, NLP for querying, interactive data visualization, intelligent alerts and notifications, chatbots or virtual assistants for user support, and enhanced data security and privacy. By leveraging AI capabilities, organizations can improve the accuracy, efficiency, and usability of ERP reporting, enabling better decision-making and driving business success.

Request a Demo of Orbit Analytics

Orbit Analytics is a powerful and user-friendly reporting and analytics tool that is designed to work seamlessly with Oracle EBS and Cloud ERP systems. With Augmatica, Orbit’s embedded AI functionality, Orbit Analytics provides organizations with advanced analytics capabilities, natural language querying, interactive data visualization, and more, all within a modern and intuitive user interface.

To understand how Orbit Analytics can help modernize ERP reporting with AI, you can request a demo of Orbit Analytics. During the demo, you will have the opportunity to see firsthand how the AI-powered features of Orbit Analytics can enable you to gain deeper insights from your Oracle EBS or Oracle Fusion Cloud ERP data, streamline reporting processes, and drive better business outcomes.