Oracle’s Software as a Service (SaaS) offerings represent a paradigm shift in enterprise software delivery and management, offering a comprehensive suite of cloud-based applications to streamline business operations, enhance productivity, and drive innovation across the entire value chain.
By providing intelligent features that span enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM), and supply chain processes, Oracle SaaS tools deliver unparalleled scalability, agility, and efficiency to businesses of all sizes and industries.
In this article, we’ll discuss the key features and benefits of Oracle’s SaaS offerings, exploring how they reshape the way organizations operate and compete in the digital age and where our team of Oracle consultants can come in to help.
What is SaaS?
Software as a service (SaaS) is an intelligent cloud service delivery model that enables customers to develop and deploy cloud applications, automate critical software updates, and access the software on a pay-as-you-go basis through the internet.
With SaaS applications, the public cloud provider manages all traditional hardware and software, including application software, middleware, cloud security, and more. SaaS functionality enables customers to drive rapid deployment, management, maintenance, and upgrade processes for any Oracle cloud application, reducing costs and increasing accuracy for total cost of ownership predictions.
Modern SaaS applications simplify and streamline core business processes, including financials, supply chain management, human resources, sales, marketing, and more, by eliminating existing data siloes and utilizing flexible infrastructure to promote efficiency.
Differences Between Cloud and SaaS Applications
Traditional cloud applications were initially created to reduce costs, improve IT efficiency, and create a unified customer experience across the full enterprise landscape. Modern SaaS applications offer intelligent tools that combat the increasing complexities of the digital age by supporting faster innovation, improving insights through reliable data analytics, and promoting better decision-making.
Here are a few critical challenges addressed by modern SaaS functionality:
- Leveraging the power of cloud, mobile, and social environments to facilitate quicker development for smaller and startup enterprises and improve time-to-market
- Combatting business landscapes riddled with consumer discontent and access to information through on-demand mobile and social capabilities
- Extending SaaS functionality to other business applications, like Zoom, Slack, and Microsoft Office
Key Features of SaaS Landscapes
- Connection: Gain a comprehensive view of all critical business processes by connecting cross-departmental operations and facilitating efficient collaboration between enterprise teams.
- Personalization: Customize applications and services to meet evolving business needs and preserve existing personalization features through future system updates.
- Speed: Access new capabilities and update paths based on actual and predicted business needs instead of the cloud provider’s timeline.
- Portability: Create and analyze reports for cloud ERP trends and connect with third-party data to improve data migration and connection across SaaS, on-premises, and cloud applications.
- Innovation: Leverage built-in AI, machine learning, IoT, blockchain, chatbots, and other intelligent technologies to drive innovation, promote adaptive intelligence, and improve productivity.
- Analysis: View data and analytics in real-time to increase efficiency and avoid time-consuming data-egress costs.
Why SaaS Applications?
SaaS applications engineered and deployed from the ground up can help enterprises:
Accelerate application deployment and innovation
The on-premises in-the-cloud SaaS model provides longer development cycles, whereas SaaS solutions engineered for the cloud enable quicker innovation cycles and offer on-demand access to the latest updates, innovations, and applications across the Oracle Enterprise Resource Planning (ERP) landscape.
Connect core business processes
Modern SaaS applications are built on a standards-based foundation complete with a common, enterprise-wide data model to support core business processes without costly integration investments and enable a more unified customer experience.
Navigating Oracle SaaS Applications
ERP Cloud
- Financials
- Accounting Hub
- Procurement Cloud
- ERP Analytics
- Project Management
- Risk Management and Compliance
- Supply Chain and Analytics
Enterprise Performance Management
- Planning
- Narrative Reporting
- Tax Reporting
- Profitability and Cost Management
- Oracle Hyperion (Planning, Financial Management, Financial Close Management)
- Oracle Data Relationship Management
- Enterprise Data Management
- Account Reconciliation
- Financial Consolidation and Close
HR Cloud
- Talent Management
- Recruiting
- Payroll
- Learning
- Dynamic Skills
- Grow
- Oracle ME
- Workforce Management
Advertising and Customer Experience (CX)
- Sales
- Marketing
- Service
- Advertising
- Oracle Cloud CX
Supply Chain Cloud
- Manufacturing
- Maintenance
- Logistics
- Procurement
- Product Lifecycle Management
- Inventory Management
- Blockchain
- Order Management
- IoT Applications
- Intelligent Track and Trace
Analytics
- HCM Analytics
- Oracle Cloud ERP Analytics
- Oracle Fusion Analytics
- Analytics Mobile Application
- Fusion CX Analytics
- Fusion SCM Analytics
Critical Advantages of Oracle SaaS Solutions
Accessibility and Availability
Oracle SaaS applications are accessible anytime, anywhere, through a web browser or mobile device, allowing users to work remotely and collaborate seamlessly across distributed teams.
Rapid Deployment
With Oracle SaaS functionality, organizations can quickly develop and deploy enterprise-grade applications without requiring extensive setup or configuration, accelerating time-to-value, minimizing implementation timelines, and improving the customer experience.
Scalability and Flexibility
Oracle SaaS applications offer scalable infrastructure that enables organizations to easily adapt to changing business needs and scale up or down as required without the constraints of traditional on-premises software.
Ongoing Innovation and Updates
Oracle continuously innovates and enhances its SaaS applications with new features, functionality, and security updates, ensuring organizations always have access to the latest technology advancements without the burden of managing upgrades on their own.
Lower Total Cost of Ownership (TCO)
By eliminating the need for upfront investments in hardware, software licenses, and maintenance resources, Oracle SaaS solutions can significantly reduce the total cost of ownership for organizations, leading to cost savings and improved return on investment over time.
Partnering with the Best
Surety Systems has you covered, from implementing new Oracle Cloud Applications and ensuring integrations are set up correctly between systems to improving workforce management through predictive analytics and automating time-consuming manual tasks.
Our senior-level Oracle consultant team has the knowledge, skills, and experience to handle your most complex project needs, determine the right course of action for your needs, and drive growth over time.
Contact Us
For more information about our Oracle consulting services or to get started on a project with our team of expert consultants, contact us today.
