Accounting Today

Oracle Fusion Cloud Application Suite adds dozens of gen AI features

Oracle added over 50 new generative AI features to its Oracle Fusion Cloud Application Suite. These new capacities are embedded in existing business workflows across finance, supply chain, HR, sales, ...
Business Insider

The lawsuit about Oracle’s cloud business highlights a big question facing the industry

A whistleblower lawsuit filed against Oracle Corp over its accounting practices underscores the pressures established computer companies face to show that they are growing in the fast-moving business ...
Nasdaq

Japanese Megabank Works with Oracle to Modernize Accounting Systems

AUSTIN, Texas, May 11, 2021 /PRNewswire/ -- Sumitomo Mitsui Financial Group, Inc. (SMBC Group) has selected Oracle Fusion Cloud Enterprise Resource Planning (ERP) to consolidate accounting functions ...
Accounting Today

NetSuite touts AI enhancements

Oracle NetSuite hailed the release of NetSuite Next, a cloud-based AI-driven ERP solution with embedded conversational ...
Nasdaq

Oracle Falls on Lawsuit Alleging Accounting Irregularities

Shares of Oracle CorporationORCL fell 3.97% in yesterday's trading session, after the company was named in a lawsuit by a former employee. On Wednesday, Oracle's former senior Finance Manager, ...
VentureBeat

Oracle sued by whistleblower over cloud accounting practices

(Reuters) – Oracle was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation for complaining about improper accounting practices in its cloud services ...
ZDNet

Oracle links retail, accounting packages

Oracle has released patches that link its business accounting software with recently acquired retailing applications, as it tries to boost interoperability between products gained this year through ...
St. Louis American

Oracle Health RevElate Patient Accounting Drives Faster, More Accurate Reimbursements

Subscribe to The St. Louis American‘s free weekly newsletter for critical stories, community voices, and insights that matter. “Our RevElate Patient Accounting go live went extremely well. The ...
Business Wire

Nakisa Lease Administration Is Integrated With Oracle Cloud to Streamline Lease Accounting and Now Available in the Oracle Cloud Marketplace

MONTREAL--(BUSINESS WIRE)--Nakisa, a Gold level member of Oracle PartnerNetwork (OPN), today announced that Nakisa Lease Administration has achieved ‘Integrated with Oracle Cloud’ status and is now ...

AI spending at Microsoft and Oracle is even higher than it looks, thanks to this accounting maneuver

Big Tech companies are using finance leases to fund data-center buildouts, circumventing massive up-front cash outflows.
Seattle Times

Ex-Oracle employee accuses company of accounting chicanery

SAN FRANCISCO (AP) — A former employee in Oracle’s finance department is accusing the business software maker of trying to pressure her into cooking the books in an effort to boost the company’s stock ...