Financial Close & Reporting

How can I be more sure about the numbers?

Is reporting to external stakeholders correct?

How can we further reduce our reporting timelines?

As a CFO, if these are some of the concerning points hassling you each reporting cycle, look no further but at the best Financial Close, Governance & Reporting solution from Oracle, Oracle Hyperion Financial Management or HFM and Oracle Financial Close Management.

Oracle HFM has served across majority of Fortune 500 companies assisting their finance team to reduce the reporting timelines, integrated view for their source systems, while remaining agile and reduce the dependency of IT during the entire consolidation cycle. Oracle Financial Close Management solution enables a finance team to not only have complete overview on the close process but also takes into account disparate systems and close cycle timings across the group to induce a smooth and efficient reconciliation cum extended close process.

A typical finance organization is stiffled for answers like "How to improve transparency, accuracy alongwith detailed audit trail?", "How to reduce the reporting timelines?", "How can we keep our accounts in simplified structure even while syncing with re-organizations?", "What would be the best method to improve visibility on overall company performance?". They are burdened by these queries while performing the regular finance functions which includes:

  • Data Collection (Ledger Close)
  • Data Check (Quality and Accuracy)
  • Calculations (Consolidation, Tax provisions)
  • Adjustments (Inter-company, Minority Interest, Multi-GAAP Reporting, Foreign Currency)
  • Reporting (sufficing Internal and External stakeholders, Ad-hoc reporting)

 


While the above list of activities is pretty standard, a major time is spent on data collection, quality check and adjustments which can be very automated using Financial Close Suite of solutions thereby enabling the finance team to focus more of analysis and identification of areas for profitability improvments.

  • Analysis
  • Reporting with great speed and Accuracy
  • Meeting ad-hoc statutory and internal reporting requirements
  • Quicker re-organizations
  • Financial Re-statements
  • Complete Audit trail for above

Contact us to learn more about how we can assist you with your Close Reporting & Governance processes.

 



Disclaimer:
1) Oracle, Oracle Hyperion, Hyperion and Java are registered trademarks of Oracle and / or its Affiliates.
2) Microsoft is a registered trademark of Microsoft and / or its affiliates.
3) Any other trademark, name, logo, images, etc. are copyright and trademark of its respective owner which also includes Innov8 Infinite Technology Pvt. Ltd.


Disclaimer:
1) Oracle, Oracle Hyperion, Hyperion and Java are registered trademarks of Oracle and / or its Affiliates.
2) Microsoft is a registered trademark of Microsoft and / or its affiliates.
3) Any other trademark, name, logo, images, etc. are copyright and trademark of its respective owner which also includes Innov8 Infinite Technology Pvt. Ltd.