Exploring Oracle 23C: A Look at The New Features

Oracle is a giant company known around the world for its business software solutions and keeps improving what it offers. With the Oracle 23C release note, many new updates and improvements are included, especially in important sections like the Financial Module, Human Capital Management (HCM) Module, and Supply Chain Management (SCM) Module of Oracle 23C. These parts have several powerful features to make processes simpler and better for users.

Let's delve into some of the key additions in the Oracle 23C Module.

Common financials

In Oracle 23C, managing workflow tasks and exceptions for Account Coding workflow has been made more efficient. The new update brings a simpler way to configure workflow rules. Users now have the option to create and handle these rules using spreadsheets, giving them more flexibility in customizing workflow rules according to their business requirements. Significantly, several approval actions can now be included in one rule condition. This improves the management of approval procedures.

Intercompany

A feature improvement that stands out in the Intercompany functionality is the easy correction of Intercompany Transactions. In earlier versions, when mistakes happened during the importing process, users needed to redo an import after fixing the mistake. But now with Oracle 23C, users can directly correct errors in their Intercompany Transactions. This gets rid of repeating import processes for fixing mistakes. This trait aids in saving time, enhancing precision, and lessening possible interruptions in financial procedures.

Talent management

The new feature for administrators lets them choose the standard sequence of goals in goal plans, giving more control and consistency to talent management processes. Also, Oracle Grow is combined with the Oracle ME employee experience platform. This system offers workers a complete career development package that brings together multiple parts like learning, improving skills and chances for growth in one place. The goal of this comprehensive strategy is to promote participation from employees while making career advancement easier within companies.

Manufacturing

The option of taking out a part from in-house or outsourced subassembly, even if it was not beforehand given in the work order, using unplanned negative material issue transactions enhances manufacturing activities and flexibility. Moreover, the introduction of a new negative material return transaction makes it possible to undo or fix negative material distribution actions. This boosts precision and management over inventory handling.

Authentication system integration

With Oracle 23C, users can use their current login details for e-signing via an outside authentication system. This removes the reliance on Oracle WebLogic identity provider. The merging improves user convenience and makes authentication steps easier, which boosts security and effectiveness.

No-code Test Automation

Oracle 23C introduces significant advancements in its testing framework, leveraging test automation to ensure seamless updates and system integrity. Opkey, a certified Oracle partner, stands out with its robust no-code test automation tool designed to transform the certification process for Oracle Cloud updates. This tool automates comprehensive tests prior to each update deployment, ensuring that new features integrate smoothly with the existing environment. With Opkey, businesses gain a transparent view of transactional, configurational, and custom screen changes.

Opkey's predictive impact analysis engine eliminates guesswork by precisely identifying the impacts of updates on existing test cases. This targeted approach highlights high-risk areas that require attention, streamlining the testing process and saving valuable time. By doing so, Opkey ensures that both primary and alternative use-case scenarios are thoroughly validated, along with essential security tests.

Moreover, Opkey facilitates the confident validation of build health in both new and existing customer environments. This ensures that end-to-end business process flows perform as expected, aligning with Oracle 23C’s commitment to enhancing business efficiency and accuracy. The extensive range of tests based on design specifications guarantees comprehensive coverage for Oracle Cloud updates, minimizing the risk of disruptions.