An all-inclusive solution for successfully and efficiently managing the consolidation and closure process is offered by Financial Consolidation and Close on the Oracle EPM Cloud. Organizations can have complete confidence in their financial consolidation, closing, and reporting procedures regardless of the size of their business. The Oracle EPM cloud’s Financial Consolidation and Close Cloud speeds up the closing process from data reconciliation, data collection and report generation to the shareholders and management executives.
“In an ever changing digital transformation landscape
business should always adapt to the latest technologies for
their business to take advantages of the offerings and stay
ahead in the competition to keep your customers happy”
Streamline process learned through industry best practises to better business outcomes.
Get better insights of your business and seize every new opportunity and open up a word of greater possibilities.
Spend more time on financial analysis by automating your redundant manual close process
Improved Reliability and Accuracy in Financial reporting to all the stakeholders both internally and externally.
Improved Consolidation close cycle for Actual data replacing excel based consol sheets.
Automated intercompany elimination process, Translation process with standard configuration.
Flexibility to add multiple reporting structure for different reporting needs.
Detailed Supplementary Disclosure information and Schedules for Annual Report.
Integrated Financial Consolidation with automatic fees from multiple ERP Systems.
Shorten the data collection process, automate eliminations.
Detailed Supplementary Disclosure information and Schedules for Annual Report.
Improved Budgeting and Forecasting cycle with ZBB Budget process,Trend based budget
Automated Budgeting methods for Income, Expenses , Balance Sheet and Cashflow
Shorten the data collection process from subsidiaries across the globe and move away from excel based budget sheets.