Isn’t SFO an airport? The airport one would journey if the vacation spot is Oracle’s Redwood Shores campus. Broadly generally known as the initialism for the San Francisco Worldwide Airport, the reply could be appropriate if this query had been posed in that context. Nonetheless, in Oracle Fusion, SFO stands for the Provide Chain Monetary Orchestration. Based mostly on what it does, we can’t name it an airport, nevertheless it positive is a management tower for monetary transactions.
As corporations are increasing their presence throughout international locations and continents by means of mergers and acquisitions or pure progress, it turns into inevitable for the businesses to transact throughout the borders and produce intercompany monetary transactions.
Provide Chain Monetary Orchestration (SFO), is the place the place Oracle Fusion handles these transactions. The fabric might transfer a technique, however for authorized or monetary causes the monetary movement may very well be following a unique path.
A Typical Situation
A Germany-based firm sells to its EU prospects from its Berlin workplace, however ships from its warehouses in New Delhi and Beijing.
Oracle Fusion SFO takes care of all these transactions and as transactions are processed in Value Administration, monetary commerce transactions are created, and firms can see their inner margins, intercompany accounting, and intercompany invoices.
Oh wait, the monetary orchestration doesn’t should be throughout international locations solely. What if a company desires to measure its manufacturing and gross sales operations profitability? Provide Chain Monetary Orchestration is there for you.
In brief, SFO is a instrument that’s a part of the Provide Chain administration providing that helps create intercompany commerce transactions for varied enterprise instances.
Contact Mehmet Erisen at Perficient for extra introspection of this performance, and the way Perficient and Oracle Fusion Cloud can digitalize and modernize your ERP platform.
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