The Oracle Fusion Cloud Project Management 25B update introduces several enhancements designed to streamline project workflows and improve efficiency. Here are some key highlights:
- Redwood Experience Enhancements: Managing unbilled transactions now features Redwood styling, offering a more intuitive interface.
- Generative AI for Project Management: AI-powered tools assist with contract documentation review and project proposal generation, speeding up processes.
- AI-Driven Contract Analysis: Extract key terms from contract documents using generative AI, improving accuracy and efficiency.
- Payroll Cost Distribution: Time card data can now be used to distribute payroll costs directly to projects, enhancing financial tracking.
- Enterprise Project Structures (EPS) Deprecation: EPS is being phased out in favor of Program Management, which offers improved reporting capabilities.
- Financial Management Improvements:
Enhanced Budgeting and Forecasting: New tools for more accurate budget creation and variance analysis, with improved integration to Oracle Fusion Cloud Financials for seamless financial reporting.
Cost Management: Updates to project cost tracking, including better handling of indirect costs and improved audit trails for compliance.
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Oracle Fusion Cloud Project Management 25B – What’s New ?