Oracle Hyperion Financial Close Management helps companies define, execute, and report on the interdependent activities of a financial close period. It provides centralized monitoring of all close process tasks and provides a visible, automated, repeatable system of record for running close processes.
Functionality includes:
Defining the close tasks and schedule to ensure the correct flow of tasks
Automating the management of the close to track the status of close tasks and provide notifications and alerts
Integration with product tasks
End user notifications
Monitoring the overall close status from a central dashboard
Acting on errors or delays with close tasks
Analyzing the effectiveness of the close