Oracle has recently rolled out an update 23C release to update its line of business solutions with a number of new features. Oracle’s quarterly update demonstrates the company’s dedication to ongoing innovation in addition to keeping companies at the forefront of the digital transformation. We’ll go over five key points of the Oracle 23C release note in this post to be aware of.
- Long-Term Release: Enhancing Developer Productivity
The Oracle 23C release is referred to as a “long-term release,” indicating that its primary goal is providing data engineers along with developers with strong tools and features. Accessing data formats for different use cases without having to worry about data structure, mapping, consistency, or performance tuning is one of the main features. Furthermore, graph analytics can now be performed on relational and data by developers, opening up new avenues for data analysis and insights.
- Financial Module Advancements
The Oracle 23C release improves the Financial Module by streamlining financial processes through workflow monitoring along with exception resolution for Account Coding. It simplifies the configuration of workflow rules using spreadsheets with multiple approval actions, allowing the correction of Intercompany Transactions when errors arise without having to restart the entire import process.
- Human Capital Management (HCM) Innovations
With the Oracle 23C release, businesses can take advantage of state-of-the-art HCM solutions. The new “Tags” attribute for improved document type organization and Autocomplete Rules for personal business objects are examples of global HR enhancements. Enhancements in Talent Management enable planners to designate a default goal sequence, and Oracle Grow incorporates education and skill-building, as well as freelance opportunities to promote employees’ professional development. These developments highlight Oracle’s dedication to providing businesses with cutting-edge HCM capabilities.
- Supply Chain Management (SCM) Optimizations
The Supply Chain Management module of Oracle 23C is optimized through manufacturing enhancements that enable the removal of components from subassemblies, and the use of negative material transactions for corrections, in addition to the activation of external authentication for e-signatures. The ability to create requisitions with negotiated foreign currency prices while releasing purchase orders in the local currency are two improvements to procurement. The new Work List drop-down filter allows for task filtering. For increased supply chain efficiency, these updates simplify the manufacturing and procurement procedures.
- Robust Testing and Implementation
In order to guarantee a smooth transition to the Oracle 23C release, a thorough testing plan must be implemented. Every quarter, Oracle Cloud environments are updated; production environments are updated on the third Friday of the month, and non-production environments are updated on the first Friday. Businesses can thoroughly assess the new features’ impact as well as make sure their processes are operating as intended during this two-week testing window.
Conclusion
Although the main features of the Oracle 23C release are briefly discussed in this article, for a thorough understanding of the functional and technical aspects, one must refer to Oracle’s extensive release notes along with advisory documents. Oracle Cloud quarterly updates can be effectively tested with Oracle’s official partner Opkey’s advanced solution. Opkey is a no-code test automation platform that meticulously validates new features against a client’s unique environment before releasing any updates. Its predictive impact analysis engine removes uncertainty from the process by skillfully identifying testing impacts. Opkey optimizes testing efforts by identifying high-risk areas in addition to their dependent components, rather than requiring tests for every scenario.
