Oracle 24C, the company’s most recent database release, has arrived with a slew of new features and enhancements. This update is expected to improve supply chain management, finance, human resources, and other aspects of enterprise operations. We’ll look at five important aspects of Oracle 24C Release in this post that businesses should know about when thinking about updating their systems.

1. Enhanced Human Capital Management (HCM) Capabilities

Significant improvements are made to Oracle 24C’s Human Capital Management module. With the latest version, users can execute the Delete HCM Data Loader Stage Table Data process in multiple threads. With this enhancement, massive amounts of data can be effectively deleted without placing an excessive burden on the system’s resources. This feature has the potential to significantly improve data management procedures for companies that handle large volumes of employee data.

1. Improved Security Features in HCM

A primary goal of the Oracle 24C is security enhancements across the HCM module. SQL predicates for importing candidates, assignment-level security, and person access are now included in the profile predicate. Users can access additional tabbed regions and a convenient copy button for testing when security is enabled. With these updates, HR professionals can now manage sensitive employee data more precisely, protecting privacy and adhering to legal requirements.

An important development is the incorporation of SQL predicates for importing candidates, which enables enterprises to strictly regulate the inflow of external data. By limiting access to potentially sensitive applicant information, this feature lowers the risk of data breaches as well as unauthorized access. Only authorized personnel can import candidate information.

1. Advanced Financial Management Tools

The Payables Payments REST API gains new functionality with Oracle 24C release, improving the capability to accept bank payment confirmations. Important business operations like lien releases along with the obligation relief are supported by this upgrade. These enhancements help finance teams handle payments more effectively as well as manage cash flow better, which eventually helps to streamline financial operations. Real-time banking system integration is now possible with the improved Payables Payments REST API, enabling prompt payment transaction confirmation. With this feature, the time lag between payment initiation as well as verification is greatly reduced, giving finance teams real-time insights into the state of the company’s finances.

1. Enhanced Asset Management Functionality

Updates to the Adjustment, Transfer, and Retirement FBDI Templates in the latest release enhance asset management. The Interface Line Number is now used in these templates to establish distinct connections between data from parent sheets as well as the other templates. The processing order for different assets is also defined in part by this feature. This enhancement provides more accurate control and tracking of asset-related transactions for organizations with complex asset structures.

1. Supply Chain Management (SCM) Upgrades

Oracle 24C resolves earlier supply chain management restrictions. The previously malfunctioning REST APIs for cost scenarios with the Enable Supply Chain Cost Rollup option now operate as intended. This update guarantees more precise cost estimations as well as reporting in supply chain management. Furthermore, through a variety of interfaces, users can now specify a minimum transfer quantity for task definitions, enabling more adaptable scheduling and rescheduling in manufacturing processes.

Conclusion

Oracle 24C’s advancements in efficiency, security, and flexibility across business operations necessitate thorough testing. Opkey test automation platform addresses this need with No-Code automation, delivering shorter test cycles and enhanced coverage. Its AI-enabled features simplifies validation of new releases, ensuring businesses can confidently implement Oracle 24C while maximizing benefits and minimizing risks.