PwC Partners with Oracle to Reimagine Finance Processes with AI in Oracle Fusion Cloud ERP

Core Insights - PwC has standardized its finance operations globally on Oracle Cloud ERP, enhancing consistency and transparency across its member firms [1][2] - The integration of embedded AI capabilities in Oracle Cloud ERP allows PwC to simplify reporting, strengthen financial controls, and gain faster insights [2][4] - PwC and Oracle are collaborating to develop new tools and methodologies to extend the benefits of AI-driven finance transformation to clients [3] Company Operations - By adopting Oracle Cloud ERP, PwC is moving away from legacy systems and leveraging AI to improve financial processes [1][2] - The use of Oracle's document IO agent and AI-powered narrative reporting capabilities is aimed at automating document handling and accelerating financial insights [2] - PwC's transformation experience enhances its ability to assist clients in modernizing their finance functions [2] Industry Impact - Oracle Cloud ERP is utilized by 11,000 organizations across various industries, providing a comprehensive suite of enterprise finance and operations capabilities [4] - The collaboration between PwC and Oracle aims to drive meaningful business outcomes for clients by optimizing resource allocation and ensuring timely project delivery [4] - The integration of predictive, generative, and agentic AI in finance operations is expected to uncover new growth opportunities for organizations [4]