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Oracle Provides Details On E-Business Suite Release

Version 11i.10 will focus on industry-specific capabilities and will add new software for procurement management.
Oracle will make available within 60 days Oracle E-Business Suite 11i.10, the first major release to the platform since launching Oracle 11i.9 in mid-2003. Oracle Procurement Contracts and Oracle Services Procurement will be available with 11i.10.

Oracle, which provided details on the offerings at its user conference in London on Sunday, is focusing on industry-specific features in the upgrade, including the health-care, state and local government, manufacturing, and telecommunications markets. State and local governments, for example, have unique challenges, among them managing predetermined procurement percentages from minority-owned businesses, that the new software aims to address. Meanwhile, the package tailored toward manufacturing now has compliance and risk-management applications. And the health-care software borrows expertise from the manufacturing-sector offering. "Supply-chain applications often used in the manufacturing sector were added to the health-care application, so companies can more easily track drugs and equipment, for example, to manage a mobile pharmacy throughout the hospital," says Jonathan Colehower, VP of supply-chain management at Oracle.

Additionally, Oracle Daily Business Intelligence has been expanded, adding nearly 400 management report templates and approximately 230 key performance measurements.

Features for Oracle Procurement Contracts include a library to give a company's legal department and procurement executives a tool to create reusable terms and conditions. Contract authoring lets users search for and select appropriate terms and conditions or templates, specify deliverables, and attach documents.

The Services Procurement application monitors and manages services expenditures, including general business, legal, agency, and contingent workers. Companies can enforce corporate service procurement polices with preapproved suppliers through the Preferred Supplier Management feature. The application ensures that service requests are always sourced from the most recent contract to verify that up-to-date negotiated rates and terms are reflected on purchase orders, Oracle says.

A supplier collaboration function has been added that lets services companies view and respond to buyer-negotiation documents, as well as view existing purchase orders and related timecards, invoices, and payments. Automatic alerts on the status of purchase orders can be remitted online.