Oracle Fusion Cloud Financials Update 25C continues the progressive rollout of the Redwood
Experience, Oracle’s next-generation, consumer-grade user interface designed for
responsiveness, accessibility, and intuitive navigation across devices (desktop, tablet, mobile).
Redwood emphasizes streamlined workflows, AI integrations, and data-driven insights, built
using Visual Builder Studio (VBS) for extensibility.
Importance of Asset Management in 25C with Redwood Pages
Asset Management handles the lifecycle of fixed assets—acquisition, depreciation,
maintenance, and retirement—ensuring accurate financial reporting and compliance with tax
regulations. Its importance lies in cost control, audit readiness, and operational efficiency.
Redwood pages in 25C amplify these benefits:
Enhanced User Productivity:
Redwood Advantage: Pages like Manage Asset Maintenance Forecasts and Manage Asset
Group Rules use responsive design, smart search (via Oracle Search Cloud Service, OSCS), and
inline editing, reducing navigation time by 20–30% compared to classic UI (based on Oracle’s
UX studies).
Impact: Asset accountants can update forecasts or rules on mobile devices, critical for field
operations (e.g., manufacturing plants). The Asset Overview Dashboard embeds OTBI analytics,
showing real-time depreciation trends, reducing manual report generation.
Compliance and Audit Efficiency:
Redwood Feature: Pages support geospatial data for asset locations and integrate with
compliance workflows (e.g., depreciation method validation).
Impact: Ensures adherence to tax laws (e.g., India’s Companies Act, US GAAP) by auto-flagging
non-compliant assets. Real-time OSCS indexing ensures audit trails are instantly searchable,
reducing audit prep time.
AI-Driven Insights:
Redwood Feature: AI Advisor in Asset Overview suggests depreciation methods or maintenance
schedules based on asset usage patterns.
Impact: Reduces errors in financial planning (e.g., over-depreciation) and optimizes asset
utilization, saving 5–10% on maintenance costs for large enterprises (per Oracle case studies).
Extensibility and Scalability:
Redwood Feature: Visual Builder Studio (VBS) allows custom fields or validations (e.g., add
asset-specific compliance checks).
Impact: Businesses can tailor pages to industry needs (e.g., manufacturing, retail) without code
changes, supporting global operations with diverse asset types.
Mobile Accessibility:
Redwood Feature: Pages like Manage Assets adapt to mobile screens, with type-ahead search
and filter chips.
Impact: Enables on-site asset tracking (e.g., construction firms), improving real-time decision-
making and reducing downtime.
Importance of Lease Management in 25C with Redwood Pages
Lease Management ensures compliance with lease accounting standards, managing lease
creation, payments, and options (e.g., renewals). It integrates with Assets and Payables for
unified financials. Redwood pages in 25C enhance lease processing and compliance
Streamlined Lease Administration:
Redwood Feature: Create and Edit Lease and Manage Lease Options offer inline attachments,
redlining, and participant management for approvals.
Impact: Reduces lease setup time by 15–25% (Oracle benchmarks) through guided journeys,
critical for firms with hundreds of leases (e.g., retail chains). Auto-numbering simplifies tracking.
Compliance with IFRS 16/ASC 842:
Redwood Feature: Lease Workflow Overview integrates OTBI for right-of-use (ROU) asset
reporting and liability calculations.
Impact: Automates balance sheet adjustments, reducing compliance errors by 30% (industry
estimates). Real-time analytics flag expiring leases, aiding audit readiness.
Improved Collaboration:
Redwood Feature: Pages support multi-user workflows (e.g., lease amendments) with unsaved
changes indicators and priority-sorted tasks.
Impact: Enhances coordination between finance, legal, and operations teams, reducing
approval delays (e.g., for lease renewals in real estate).
Cost Optimization:
Redwood Feature: AI-driven insights in Manage Lease Assets suggest optimal lease terms based
on usage and cost data.
Impact: Helps renegotiate or terminate unfavorable leases, potentially saving 5–15% on lease
expenses.
Scalability for Global Operations:
Redwood Feature: Geospatial support and currency handling in lease pages.
Impact: Critical for multinationals managing leases across countries (e.g., India, US), ensuring
consistent reporting and compliance.
EnchantApps Oracle Cloud experts can help you with your 25C Upgrade and testing. We are here to ensure that Oracle Cloud quarterly updates do not impact your business processes. Contact us for more details.