diff --git a/client/ayon_core/lib/transcoding.py b/client/ayon_core/lib/transcoding.py
index 4f985d5128..97e9f417f0 100644
--- a/client/ayon_core/lib/transcoding.py
+++ b/client/ayon_core/lib/transcoding.py
@@ -1010,7 +1010,7 @@ def convert_ffprobe_fps_to_float(value):
 
 
 # --- Deprecated functions ---
-@deprecated("oiiotool_transcode")
+@deprecated("oiio_color_convert")
 def convert_colorspace(
     input_path,
     output_path,
@@ -1022,7 +1022,7 @@ def convert_colorspace(
     additional_command_args=None,
     logger=None,
 ):
-    """DEPRECATED function use `oiiotool_transcode` instead
+    """DEPRECATED function use `oiio_color_convert` instead
 
     Args:
         input_path (str): Path to input file that should be converted.
@@ -1047,7 +1047,7 @@ def convert_colorspace(
     Raises:
         ValueError: If parameters are misconfigured.
     """
-    return oiiotool_transcode(
+    return oiio_color_convert(
         input_path,
         output_path,
         config_path,
@@ -1060,7 +1060,7 @@ def convert_colorspace(
     )
 
 
-def oiiotool_transcode(
+def oiio_color_convert(
     input_path,
     output_path,
     config_path,
diff --git a/client/ayon_core/plugins/publish/extract_color_transcode.py b/client/ayon_core/plugins/publish/extract_color_transcode.py
index 9759b340c7..152e0a27ea 100644
--- a/client/ayon_core/plugins/publish/extract_color_transcode.py
+++ b/client/ayon_core/plugins/publish/extract_color_transcode.py
@@ -11,7 +11,7 @@ from ayon_core.lib import (
     is_oiio_supported,
 )
 from ayon_core.lib.transcoding import (
-    oiiotool_transcode,
+    oiio_color_convert,
 )
 
 from ayon_core.lib.profiles_filtering import filter_profiles
@@ -170,7 +170,7 @@ class ExtractOIIOTranscode(publish.Extractor):
                                                              new_staging_dir,
                                                              output_extension)
 
-                    oiiotool_transcode(
+                    oiio_color_convert(
                         input_path=input_path,
                         output_path=output_path,
                         config_path=config_path,
diff --git a/client/ayon_core/plugins/publish/extract_thumbnail.py b/client/ayon_core/plugins/publish/extract_thumbnail.py
index 4d51405f01..541082352b 100644
--- a/client/ayon_core/plugins/publish/extract_thumbnail.py
+++ b/client/ayon_core/plugins/publish/extract_thumbnail.py
@@ -15,7 +15,7 @@ from ayon_core.lib import (
     path_to_subprocess_arg,
     run_subprocess,
 )
-from ayon_core.lib.transcoding import oiiotool_transcode
+from ayon_core.lib.transcoding import oiio_color_convert
 
 from ayon_core.lib.transcoding import VIDEO_EXTENSIONS, IMAGE_EXTENSIONS
 
@@ -431,7 +431,7 @@ class ExtractThumbnail(pyblish.api.InstancePlugin):
                 oiio_default_view = display_and_view["view"]
 
         try:
-            oiiotool_transcode(
+            oiio_color_convert(
                 src_path,
                 dst_path,
                 colorspace_data["config"]["path"],