Oracle Assets is the central repository of asset records primarily responsible for automating asset management and simplifying complex financial accounting tasks on assets. It is a part of Oracle Fusion Cloud Financials. It is a unified source of asset data that includes information from both external feeder systems, such as Oracle Utilities Work and Asset Cloud Service and your Oracle Fusion applications. It gives global visibility into your assets, offers data security, as well as function access.

Automated business flows can be used for various transactions to simplify routine asset management tasks: