Oracle Financial Consolidation and Close Cloud
Oracle Financial Consolidation and Close Cloud (FCCS) uses best practices to streamline the consolidation and close process. This solution is easy to configure and ensures that processes are compliant, auditable, timely, and transparent.
Transparent Reporting
Financial consolidation data with prebuilt balance sheet, cash flow and income statement lets you report with confidence.
Comprehensive and Complete
Complete end-to-end solution gives you visibility into the entire consolidation, close, data collection, and reporting activities
Integration
Built-in connectivity to core source systems such as ERP and others for consolidation and
close
Key Features
Close and Consolidation
Take advantage of best-practice, out-of-the-box functionality for quick deployments, including dynamic calculations. Limited need for customization as cash flow, rollovers, balance sheet, calls-to-action, income statement, 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.
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.
EPM Cloud Process and Workflow
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.
EPM Cloud Data Integration
Connect to source EPM business processes and ERP applications such as Oracle Financials Cloud.
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.
Get direct access to your financial close process and data via Oracle Smart View for Microsoft Office.
EPM Cloud User Experience
Provide real-time insight and access to data with interactive process and financial dashboards.
Manage, perform, and approve tasks in configurable management work areas.
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.