Oracle Cost Management Cloud Services permits cost professionals to capture, track and
analyze costs associated with inventory items as they move through the supply chain. Oracle
Cost Management in the Cloud platform maximizes revenue, increases profits, and optimizes
operational costs and working capital in any enterprise. Oracle Cloud Cost Management
guarantees the proper transaction flow in a secure automated business flow. Additionally,
this advanced cost accounting solution helps companies effectively manage their product
costing and inventory accounting business requirements. With this Oracle Cost Management
Cloud, you can define an enterprise-wide cost strategy, simulate unlimited what-if
scenarios, and perform cost, margin, and profitability analyses-all in real-time. Oracle
Cost Management Cloud training will teach you to develop the fundamental skills to set up
and use your application, including advanced supply chain fulfillment workflows.
Benefits of Oracle Cost Management Cloud
- Easily manage all the global intercompany transactions-Oracle cost management cloud
automates all the financial flow execution for internal transactions between parties
independently from the physical movement of goods with Oracle Supply Chain Financial
Orchestration. This configurable application manages all the financial relationships
resulting from trade between internal parties.
- Flexible to statutory and management cost reporting-Oracle Cost Management is an
advanced cost accounting solution that helps companies to efficiently manage their
product costing and inventory accounting business flows. This cloud solution allows
companies to maintain multiple cost books and financial ledgers to better meet
external regulatory and internal management reporting needs.
- Graphical views of product costs-Oracle Cost Management's graphical user interfaces
provide time-based graphical views of product costs using line, bar, and pie charts
to show product costs over time and in comparison, to other products or other
organizations. Cost professionals and operations personnel can pictorially identify
cost trend problems in their products and determine the root causes to provide
timely corrective actions.