Advice and Information for Finance Professionals

Streamline business continuity and readiness efforts

Guest Author

By Sid Sinha, VP, Risk Cloud Product Strategy, Oracle

To ensure fast recovery from COVID-19, organizations need practical tools to manage business disruptions over the next 18 months.  The impacts continue to be unpredictable, so leaders need to be flexible with their continuity and response policies. While each company’s situation is different, there are emerging best practices for quick and sustained recovery: 

  • Continually look ahead and validate recovery priorities 
  • Combine top-down leadership with bottom-up feedback 
  • Simplify coordination and information sharing  

To help organizations adopt these best practices quickly, Oracle has put together a simple solutions guide: 

  • Evaluate dynamic COVID-19 risks across business units, locations and functions
  • Assess, update and certify existing plans 
  • Verify preparation using readiness surveys for facilities, HR and employee safety 
  • Track business continuity issues and resolution plans

The solutions guide can help you:

  • Transition from a manual process with spreadsheets and email to a best-practice digital workflow 
  • Deploy in days using step-by-step instructions with screenshots
  • Coordinate response across the enterprise, while satisfying the unique needs of each business unit, function, and location
  • Centralize and secure the storage and availability of plans and activities, provide real-time visibility and insights about the business, and eliminate silos
  • Make your business more resilient and performant during recovery

Learn more about how Oracle Cloud ERP customers can quickly configure best practices: 

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