Oracle (NYSE: ORCL) and Oracle NetSuite announced Oracle NetSuite Restaurant Operations, a new AI-powered business system designed to unify back-office functions for restaurant and hospitality businesses.

The platform integrates inventory, procurement, scheduling, production, and cash management data into a single system that provides real-time visibility and automated workflows. Restaurant Operations is built to work with Oracle Simphony Cloud and other point-of-sale systems.

"Restaurant and hospitality leaders are under pressure to drive operational efficiencies and do more with less, while delivering an exceptional customer experience," said Alex Alt, executive vice president and general manager of Oracle Commercial Cloud Applications.

The solution includes AI-driven analysis tools that provide insights and recommendations for inventory management and trend identification. It consolidates data from multiple POS systems to create a centralized view of key performance indicators and reporting.

"Restaurant Operations brings the power of Oracle and NetSuite together in a unified solution with AI embedded across workflows to help automate routine tasks and surface operational trends," said Brian Chess, senior vice president of AI, product, and technology at Oracle NetSuite.

Oracle NetSuite Restaurant Operations will be available globally within the next 12 months and will support localization in over 110 countries, 190 currencies, and 27 languages. The company notes that the development, release, timing, and pricing of features may change at Oracle's discretion.

The announcement was made at SuiteConnect London, according to the company's press release.