Oracle unveils new channel revenue management suite

To simplify and automate distribution business

Oracle has introduced Price Protection, a new application that reportedly automates the price protection transactional processes and streamlines product pricing, promotions and discount management.

Developed together with Infosys Technologies, the new offering updates, aggregates and provides access to a distributor’s purchasing, inventory, costing and financial information, allowing distributors to reduce errors during claims execution, speed settlements and mitigate future discrepancies.

According to the company, designed to work with its E-Business Suite Release 12.1, the new offering leverages its Fusion Middleware, enabling integration with existing ERP systems.

Ravi Kumar, vice president and global head of Oracle Practice at Infosys Technologies, said: Oracle Price Protection is the latest industry solution developed by Infosys in a first-of-its-kind development initiative with Oracle to help simplify and automate the high-technology distribution business. Teaming with Oracle on this solution allows us to extend additional price protection benefits to businesses and take the complexity out of the application integration processes.”

The company said that its new offering supports - claims submitted and settled for covered product inventory both on-hand and delivered to customers, open purchase orders that are adjusted with inbound price list updates, notification to pricing team members needing to publish updates to outbound/channel price lists, and costing and financial system updates that reflect price cost changes.

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