Download as pdf or txt
Download as pdf or txt
You are on page 1of 11

FINANCIALS

CLOUD

Oracle Financials Cloud


Modernize Finance

Copyright © 2014 Oracle Corporation. All Rights Reserved.


Introduction
Cloud computing is a vision that is increasingly turning into reality for many companies.
Enterprises, both small and big, are evaluating cloud computing and moving their IT infrastructure
Introduction to the cloud.

Visionary finance leaders view technology and excitement that can drive greater value for
Simplify
as a service. The service must be flexible, the organization. Today’s business applications
secure, reliable, scalable, and available from must be intelligent, information-driven, social,
Accelerate anywhere, any device, and at any time— and mobile, while providing actionable insight
all while it lowers costs and minimizes that drives collaboration within secure business
integration complexity. Today’s business processes.
Collaborate users have higher expectations for a
more modern, consumer-like experience; Oracle has leveraged its vast applications
therefore, modern business applications experience to empower modern finance to:
Control
need to deliver a level of user experience
• Simplify your financial business processes
Additional Options “76% of business managers and technology requirements
surveyed around the globe said their • Accelerate your decision making with real-

Why Oracle? top motivation for adopting cloud time information access
or SaaS applications was to have a • Collaborate with others using social business
objects
quick way to get the software they
Get Started • Control your costs with increased visibility
wanted.”
– Dynamic Markets Cloud Report

2
Simplify
Oracle combines the best of the best capabilities across Oracle’s financial solutions to deliver a
comprehensive solution that arms finance professionals with the right information at the right time,
Introduction increases productivity, and accelerates business performance. It streamlines and automates the
following transaction processes so your finance department can concentrate on strategic initiatives:

Simplify • General Ledger • Payables • Receivables


• Assets • Cash Management • Collections
• Employee Expenses • Invoice Imaging • Intercompany Processing
Accelerate • Multi-Currency/Multi-GAAP • Consolidation • Reconciliation

Oracle offers extensive spreadsheet integration across multiple business


Collaborate
processes to allow accountants to work efficiently in the environment
that they prefer. For example, accountants can enter journals, supplier
Control invoices, expense reports, assets, customer receipts, and perform
financial reporting and analysis—all from a spreadsheet.

Additional Options Oracle Fusion Expenses allows workers to quickly enter expense reports
anytime and anywhere with multiple entry options, including simplified
spreadsheets and mobile entry for the iPhone and Android. Oracle Fusion
Why Oracle?
Expenses also supports corporate card transactions, electronic image
processing for expedited reimbursements, and an integrated travel
Get Started solution to provide better cost control and policy compliance.

Oracle Fusion Payables supports out-of-the-box invoice imaging Watch Oracle Mobile
Expenses
integration to simplify invoice entry. Supplier invoices can be scanned
with intelligent document recognition and then completed, matched,
paid, and posted to the general ledger without any user intervention.

3
Accelerate
Accelerate your decision making with real-time information access. Role-based dashboards deliver
information from multiple work areas, worklists, and watch lists that serve as centralized cockpits to
manage key accounting activities. They proactively monitor processes, raise exceptions, and push
Introduction work to users. Instead of running multiple queries or identifying tasks, users simply need to log into
their dashboards and work areas to see what they need to do that day.
Simplify
Oracle improves decision support by making The focus on financial performance creates
the system more intelligent. Intelligence pressure for faster closes. The Close Monitor
Accelerate and analytics have been embedded within brings information into a single place so that
the context of a business transaction to you can monitor close status across ledgers and
help users complete their task. In some subledgers to help you close your books faster.
Collaborate
cases, the system offers suggestions or
recommendations, and in other cases,
Control it offers intelligence that predicts future
outcomes. For example, before you post a
journal, we let you know the impact it has
Additional Options on the account balance. You don’t need to
navigate away to different pages to search
for and then compile the information. So,
Why Oracle?
you can make smarter decisions faster and
stay focused longer on tasks.
Get Started
Oracle’s unique reporting platform is natively
built on top of a multidimensional data Watch Close Monitor in Fusion
model. You can store large quantities of data Financials Video

that can be accessed rapidly and run financial


statements that are both boardroom-ready
and highly interactive.

4
Collaborate
Sharing and providing additional information Oracle Social Network’s mobile application. If you
is often critical to completing a business need to share additional information, you can add,
Introduction process. In a modern organization, effective review, and annotate attachments. The conversation
collaboration is more important than ever to log is always available for retrieval, review, and audit
support geographically-dispersed workers. from the business object. During the financial review
Simplify process, reviewers can read your annotations to your
Across all business processes, Oracle provides financial reports.
contextual actions that push a participant’s
Accelerate contact contact information to you. YYou
can contact employees and suppliers for
Collaborate questionable transactions, and collaborate with
them in real-time via instant message, email,
or phone.
Control
Oracle Social Network provides contextual, real-
time collaboration embedded into your business
Additional Options
processes, making it easy to involve the right
people in the right decisions at the right time.
Why Oracle? A conversation is tied to a specific business
object so that each discussion is targeted to
the appropriate participants for a particular Watch Oracle Social Network in Financials
Get Started transaction. It is easy for anyone to participate Video
whenever and wherever is convenient with

5
Introduction
Control
Oracle Financials Cloud Service helps you control costs in multiple ways. The Rapid Implementation
Simplify spreadsheets provide predefined, guided lists of tasks to give end-to-end visibility to all setup requirements.
You will be able to implement Oracle Applications by business process, product, and feature. You will be
able to copy setup data across database instances, such as from a development instance to a production
Accelerate
instance. This allows you to achieve a fast ROI (Return on Investment) and save on implementation costs.
Using SmartReceipts, if a customer receipt cannot not have been obvious by just looking at numbers.
Collaborate
be automatically applied by the system, then the For example, you can view quarterly regional sales
system offers matching recommendations, based and identify sales trends that are visually represented
Control on the rules you define, to intelligently apply the by size and color to indicate whether that region’s
receipt against the invoice. The system keeps track sales increased or decreased over the quarter.
of past reasons why receipts were not automatically
Additional Options applied to improve the hit rate of automatic receipt
applications in the future.
Why Oracle?
Oracle’s mobile reporting support makes it easy to
access information from your tablet or desktop. The
Get Started simplified interface for mobile support leverages
the Essbase cube to support multidimensional
analysis and reporting capabilities. Additionally,
the new Sunburst visualization tool allows you to
interact with your account balances across various
business dimensions to view balances from Click image to enlarge
different perspectives. Based on your selections,
you can quickly identify problem areas that might
6
Additional Options
Oracle offers a flexible approach to system adoption allowing you to adopt Oracle Financials Cloud
in an evolutionary manner at a pace you are comfortable with.
Introduction
• Oracle Accounting Hub Reporting Cloud provides exceptional reporting and analytics on top of
your existing general ledger systems with minimal implementation effort and disruption to your
Simplify current financial management processes.The tight integration with Oracle R12 E-Business Suite
continuously streams balances from its general ledgers to the Accounting Hub Reporting Cloud
Accelerate Service, with complete drill-downs to the E-Business Suite detail balances, journal lines, and
subledger transactions.

Collaborate • Oracle Revenue Management Cloud Service enables E-Business Suite customers to manage
revenue compliance, configure and automate revenue scheduling to meet complex revenue
recognition rules, and to automate revenue reallocation for multiple-element arrangements
Control
based on fair-market value, such as Vendor Specific Object Evidence (VSOE),Third Party Evidence
(TPE), or Best Estimate of Selling Price (BESP).
Additional Options

Why Oracle?

Get Started

7
Why Oracle?
Oracle Financials Cloud Service offers an integrated financial management suite that is designed to
automate, streamline, and control an organization’s financial management processes end to end.
Introduction
Oracle has the broadest cloud portfolio in the industry, delivering a complete range of production-
level, cross-functional business applications for each part of your organization. Oracle applications
Simplify support 23 languages and multiple industries and geographies. Business users have the latest
innovations at their fingertips across sales and marketing, customer service, finance and accounting,
Accelerate supply chain management, human capital and talent management—all enriched with social
engagement and collaboration tools and an intuitive user interface that works on any mobile device.

Collaborate These applications have been architected on a modern and open service-oriented platform to
simplify integration needs and lower an organization’s total cost of ownership.

Control

Additional Options

Why Oracle?

Get Started

8
Get Started
To learn more about how Oracle Financials Cloud can help empower modern finance and help
you simplify your business process, accelerate your decision making, enable collaboration with
Introduction social business objects, and control your costs, visit: Oracle Financial Cloud Service online or call
1-800-633-0738 to speak with an Oracle representative.

Simplify Learn More:


Oracle Financial Cloud Documentation
Oracle Applications Customer Connect Community
Accelerate

Collaborate

Control

Additional Options

Why Oracle?

Get Started

9
Follow us at:
cloud.oracle.com
Enterprise Resource Planning Solutions

Oracle Financial Cloud on Facebook Oracle Financial Cloud on Twitter Oracle Financial Cloud on Linkedin

Copyright © 2014 Oracle and/or its affiliates. Oracle is a registered trademark of Oracle and/or its affiliates. All rights reserved. Other names may be registered
trademarks of their respective owners. Oracle disclaims any warranties or representations as to the accuracy or completeness of this recording, demonstration,
and/or written materials (the “Materials”). The Materials are provided “as is” without any warranty of any kind, either express or implied, including without
limitation warranties or merchantability, fitness for a particular purpose, and non-infringement.

Final_v2
Click screen to go back

11

You might also like