Consolidations, Close and Reporting

Financial Consolidation and Close is an end to end solution that helps to dramatically reduce the time and cost to complete a close. No matter the size of the company, organizations can have 100% confidence in their financial consolidation, close and reporting processes ensuring they are compliant, auditable, timely and transparent.

Narrative Reporting is a secure, collaborative and process driven service for defining, authoring, reviewing and publishing financial, management and regulatory report packages all in a single solution.

Success Story

Global Manufacturer Modernizes their Monthly Close Process with the Oracle Cloud

Challenge

• Older version of HFM, due for an upgrade
• MS Office & Internet Explorer compatibility issues
• IT Initiative for Modernization

Solution

Financial Consolidation & Close (FCCS)

Benefits

• Simpler logic – out of the box logic for CTA, Roll-forwards
• Easier Cashflow – Monthly Actual data loads are activity based
• Faster Consolidation times – 7x
• No more MS Office & Internet Explorer dependency