What is Oracle Cloud Financial

Oracle Financial Consolidation and Close Cloud

Oracle Financial Consolidation and Close Cloud Service (FCCS) is a cloud solution for optimizing the financial close. FCCS serves to minimize the risk, to guarantee process transparency and the correctness of the results.

The most important functions at a glance:

  • Application Creation Wizard - reduces the time required to configure and implement the solution,
  • Upgrade framework - configure and extend the solution,
  • Easy upgrades - configurations are easy to implement,
  • Intercompany eliminations - Automatic intercompany eliminations at the push of a button,
  • Currency conversion - automatic currency conversion at the push of a button,
  • Workflow support,
  • Automated cash flow reporting,
  • Close process management,
  • Hybrid cloud implementations - deep integration with cloud and on-premise systems.

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