By ChristineS-Oracle on Apr 11, 2014
Oracle In-Memory Cost Management is a new set of application tools that provides a bottoms-up approach to maximizing profit margins by enabling near real-time insight into all aspects of cost management. Oracle In-Memory Cost Management’s extreme performance is possible because of the game-changing technical innovations within Oracle’s engineered systems, including smart scans, flash cache, and high-bandwidth low-latency InfiniBand networking.
Cost accountants and finance / operations managers now can use Oracle In-Memory Cost Management to quickly perform what-if simulations on complex cost data and instantly visualize the impact of changes to their business. Specifically optimized for Oracle’s engineered systems, Oracle In-Memory Cost Management provides a suite of solutions to perform complex cost analyses, identify optimal profit margins, and perform cost planning and forecasting so that companies can make decisions in time to capture the highest possible profits, safeguard current margins and identify optimal future margins, streamline financial overview across the supply chain, and increase financial close efficiency
For additional information, please refer to Doc ID 1561872.1 Oracle In-Memory Cost Management Installation and Configuration Guide.