Oracle announced the release of Oracle Business Intelligence Applications 7.9.5.1 (Oracle BI Applications), introducing new capabilities that allow public sector agencies with fact-based and timely insight into their operational budgets and funds management. These new capabilities have been incorporated into the Oracle Financial Analytics application.

The new release of Oracle Financial Analytics helps public sector agencies:

• Gain insight into operational details that contribute to the proper funds management and spending controls;
• Detect exceptions in a timely manner by monitoring budget spending effectively; and,
• Provide senior executives and program managers with real-time information to support trend analysis and critical decision-making on important issues.

New features include:

• Pre-built integration with the Oracle Financials module of the Oracle E-Business Suite 11.5.10;
• Extensions to the Oracle BI Applications data warehouse schema and metadata layer to support public sector content;
• Extraction Transformation and Load (ETL) maps to pull data from the Oracle Financials module of the Oracle E-Business Suite; and,
• Pre-built dashboards and reports for public sector agencies designed to provide key data pertaining to budget authority and execution, including appropriations, apportionments, allotments, commitments, obligations, expenditures, and available authority.

Oracle Financial Analytics for public sector agencies delivers intuitive, role-based intelligence across an organization from front line employees to senior management including CFO, Budget Manager, and Budget Analyst. Oracle BI Applications are comprehensive, pre-built solutions that enable customers to achieve fast time to value by reducing deployment time and help lower overall total cost of ownership, and are available for Sales, Service, Marketing, Supply Chain and Order Management, Procurement and Spend, Financials, Human Resources, and a range of specialized industry analytics.

Built on Oracle Business Intelligence Suite Enterprise Edition Plus, Oracle BI Applications take advantage of the software's hot-pluggable design enabling organizations to extend BI capabilities to existing Oracle and non-Oracle data sources and applications.