Overview of Financial Consolidation and Close

Financial Consolidation and Close is a subscription-based consolidation and reporting solution built for and deployed on Oracle Cloud. It provides a simple and quick deployment for users who want fast implementation with no hardware and minimal IT support. It provides a user-friendly and intuitive interface along with built-in functionality for consolidation and close process tasks.

Financial Consolidation and Close provides these features:

  • Simplified tablet user interface

  • Native dashboarding and analysis

  • Predefined dimensions for detailed analysis

  • Flexible application configuration with pre-built forms and reports

  • Currency translations and FX adjustment calculations

  • Automated cash flow

  • Dynamic out-of-box calculations with limited need for customization

  • Simplified Consolidation dimension for easy audit

  • Close calendar task management and workflow

  • Supplemental schedule data management

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