Oracle Financials Cloud

Oracle | Financial Cloud

It is an end-to-end business management solution part of the Oracle Fusion Middleware suite delivered on the cloud as Software as a Service (SaaS). The best solution for mid-tier to enterprise level organizations. It is a combination of modules including Financial Accounting which includes General Ledger, Accounts Payable and Receivable, Cash Management, Material Planning, Self-Reporting and Business Analytics.

Accounting Axis

  • Create accounting for different source systems and easily change accounting rules as policy changes.
  • Define subledgers to maintain consistency.
  • Use reports to drill down into details to the subledger level.
  • Multidimensional analysis to enhance business insight.

Payments and Assets

  • Manage supplier invoices and payments
  • Track and manage fixed asset accounting.
  • Manage your bank, petty cash and projected cash accounts.

Amounts Due

  • Manage your customers centrally
  • Cash Flow Quotation Management
  • Customer Account Management and Revenue Recognition

Revenue Management

  • Your liabilities and assets for performance obligations.
  • Identify your revenue versus performance obligations.
  • Formation of rules for creating contract performance obligations

Expenses

  • Enforce workflow approvals and audits to regulate your spending.
  • Create and submit expense reports
  • Enter expenses on the go
  • Pre-configured integrations with Oracle Project Financials Cloud.