Overview & Features
Optimize the financial close using comprehensive consolidation and close including complex consolidation support, close process orchestration, and supplemental data collection.
Close and Consolidation
Take advantage of best practice, out-of-the-box functionality for quick deployments, including dynamic calculations. There is limited need for customization as cash flow, balance sheet, income statement, rollovers, calls to action, and more are automatically calculated.
Easily accommodate complex legal and management rollups, including unique business calculations and reporting requirements, without the need for complicated scripting.
Key Performance Indicators Management
Automatically track key metrics across the organization. Leverage out-of-the-box calculations or easily extend to support business-specific requirements.
Leverage a strong compliance framework including auditing, segregation of duties, and transparent calculations.
Leverage GAAP-driven applications with full currency support, intercompany eliminations, equity eliminations, adjustments, and detailed data source tracking.
Gather supporting detail for statement balances via easy-to-create templates supporting signoffs, validations, and drill-back from source, which is perfect for footnotes, statement analysis, and tracking of detailed information.
Track and report on the current status of close processes at any time including analysis by user, region, type, and priority. Use the results to identify bottlenecks and improve processing.
Easily support new and emerging regulatory requirements such as International Financial Reporting Standard (IFRS) 16, 17, and more.
Process and Workflow
Flexible Workflow and Process Management
Provide enterprise level collaboration with dynamic, data-driven approval orchestration
Ensure audit compliance for tasks like Journal Adjustment with enforced segregation of duties
Utilize powerful scheduling capabilities for true, lights-out processing
Deploy a fully secure cloud-based application with role and data access rights
Connect to virtually any source ERP applications such as Financials, as well as EPM applications such as Planning and Budgeting, and Enterprise Performance Reporting
Easy Integration with Oracle and Other Source Systems
Leverage existing IT investments and quickly integrate data from multiple sources including spreadsheets and native databases
Achieve integrated financial decisions driven by multiple sources of financial impacts
Provide tight Microsoft Office integration for offline analysis and reporting
Provide real-time insight and access to data with interactive process and financial dashboards
Role-Based Tasks and Work Areas
Manage, perform, and approve tasks in configurable management work areas
Intuitive, Role-Based User Interface
Reduce training costs and increase user productivity with a Web user interface and reports
Present a tablet-friendly user experience for easy, on-the-go data access
Intelligently remember key user selections allowing for quick system navigation