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Oracle E-Business Suite R12.2.6 Released on Sep 15th 2016

Oracle officially announced on Sep 15th 2016 that Oracle E-Business Suite Release 12.2.6 is now available.

Please refer the below links/Metalink notes for more details about R12.2.6 

1) Read Me :   Oracle E-Business Suite Release 12.2.6 Readme (Doc ID 2114016.1)

2) EBS 12.2.6 highlights video with Cliff Godwin, Senior Vice President of Application Development 

3) Oracle E-Business Suite Applications DBA and Technology Stack Release Notes for Release 12.2.6 (Doc ID 2149555.1)

4) Refer the Below Release Content Documents (RCD) Metalink Note to identify the major differences/enhancements in R12.2.6 compared to previous versions.

R12.1 / R12.2 : Oracle E-Business Suite Releases 12.1 and 12.2 Release Content Documents (Doc ID 1302189.1)

5) Common Questions and Answers About Upgrading

a)  Is there a direct upgrade path from Release 11i to Release 12.2.6?
      No. Release 11i customers must first upgrade to Release 12.2 before applying 12.2.6.
b)  Is there a direct upgrade path from EBS 12.0 to 12.2.6?
      No. Release 12.0 customers must first upgrade to Release 12.2 before applying 12.2.6.
c) Is there a direct upgrade path from EBS 12.2 to 12.2.6?
      Yes. Release 12.2 customers can apply 12.2.6 directly to their environments. EBS 12.2.6 is an online patch, so it can be applied while an existing Release 12.2 system is running.

New Functional Capabilities Across Oracle E-Business Suite

Oracle E-Business Suite 12.2.6 delivers customer-driven functional advances and support
for new business models to help organizations further optimize their business processes.
Key advances include:

Order Management: 
Oracle Order Management extends support for flexible ordering of products, services, subscriptions and warranties with new recurring billing options. Oracle Quoting integrates with electronic signature providers to streamline customer approval of ordering documents.

Logistics: 
Intelligent interleaving of inbound and outbound tasks in Oracle Warehouse Management reduces deadheading and increases warehouse productivity. Oracle Inventory Management enables material classification tagging such as country of origin or packing code for printing on shipping documents. Oracle Yard Management can be deployed in E-Business Suite and non-E-Business Suite instances and can service remote and local facilities.

Procurement: 
Oracle Procurement Command Center provides an enhanced view of supplier performance that includes employee reviews from Oracle iProcurement and supplier evaluations from Oracle Supplier Life-cycle Management. Oracle Project Procurement Command Center better aligns project and procurement teams with visibility to line-level changes to procurement plans. Oracle iProcurement now supports a spot buying process that lets privileged requestors create certain purchase orders without involving the procurement team. Procurement buyers can influence search relevance rankings in Oracle iProcurement Information Discovery to guide end users to preferred items and suppliers. Oracle Procurement Contracts delivers a complete view of linkages between procurement documents and contracts.

Projects: 
Mapping of effort coefficients from activity resource requirements (ARR) to a schedule of values (SOV) improves project control and visibility. Project costing options reduce time and effort associated with expenditures and accounting adjustments. Project invoice consolidation simplifies billing for customers with many projects.

Manufacturing: 
Expanded support for measuring yield at various process levels improves process manufacturing yield and margin. Landed cost support in project manufacturing provides a more complete view of project costs.

Value Chain Planning: 
Oracle Service Parts Planning provides policy-based automation of parts replenishment, allowing service organizations to optimize service parts inventories.

Service: 
Oracle Field Service and Oracle Tele-Service support the capture of multiple products located at the same site on a single service request. Service users can update task statuses tailored to the service tasks they are performing. Oracle Depot Repair offers a user-friendly web portal that lets authorized service partners submit approval requests and claims for outsourced repair work.

Asset Management: 
Oracle Enterprise Asset Management allows a single work order to span multiple linear assets on an asset route to streamline work order management. Calendar-based preventive maintenance scheduling expands existing scheduling options. Maintenance staff can print work order packages using Oracle AutoVue to include technical drawings and other documents required to complete the work.

Financials: 
Oracle Advanced Collections increases efficiency and lowers days sales outstanding by streamlining collection activities by customer, account, or bill-to levels. Oracle Channel Revenue Management improves accuracy and reduces exceptions by enabling channel revenue to be managed as a sub-ledger.

Human Capital Management: 
Payroll administrators can review and analyze retro pay details using a new, simplified UI. Oracle Time and Labor lets administrators credit overtime hours to absence accruals such as paid time off. Employees can leverage an Oracle Time and Labor calendar view of time card entries with configurable colors.

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