Oracle Hyperion Financial Close Management is a new addition to Oracle’s financial close solutions that enables organizations to manage and improve their entire financial close process, from sub-ledger close to the submission of final regulatory reports and filings.
Oracle Hyperion Financial Close Management centralizes management of all period-end close activities, replacing traditional, manually maintained checklists with dynamic dashboards that give users the ability to immediately view and act on information. Supported close-cycle processes include ledger and subledger close, data loading and mapping, financial consolidation, 10K/10Q creation, reconciliations, tax/treasury-in fact, any task associated with the extended financial close.
Customers can define, prioritize and schedule close tasks and track their status using notifications and alerts. And by using the central dashboard to monitor the process, customers can immediately act on errors and delays, as well as analzye processes to evaluate and improve close-cycle effectiveness.
Analytical Master Data Management
Create an enterprise view of analytical dimensions, reporting structures, performance measures and their related attributes and hierarchies using Oracle Hyperion Data Relationship Management’s data model-agnostic foundation. Construct departmental perspectives that bear referential integrity and consistency with master data constructs based on validations and business rules that enforce enterprise governance policies. Synchronize master data with downstream systems including business intelligence (BI)/enterprise performance management (EPM) systems, data warehouses and data marts to gain trustworthy insight.
Oracle Hyperion Financial Close Management’s common foundation and tight integration with other Oracle performance management applications reduces the total cost of ownership by providing a single point of maintenance-a feature that point solutions and non-integrated EPM suites cannot match.
Optimized close process – Users can analyze closing cycle processes to drive out inefficiencies and delays, resulting in significant reductions in close time.
Increased collaboration – Advanced workflow features notify users of tasks and and enable systemwide communication.
Enhanced user productivity – Full integration with Microsoft Office means that users are familiar with the technology and can easily manage tasks in their chosen calendar.
Improved transparency and compliance – Assigned tasks and extensive task reporting help reduce the cost of compliance.
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Oracle System 11 Hyperion Financial Close Management
Oracle Hyperion Financial Close Management
Oracle Hyperion Financial Close Management is a new addition to Oracle’s financial close solutions that enables organizations to manage and improve their entire financial close process, from sub-ledger close to the submission of final regulatory reports and filings.
Oracle Hyperion Financial Close Management centralizes management of all period-end close activities, replacing traditional, manually maintained checklists with dynamic dashboards that give users the ability to immediately view and act on information. Supported close-cycle processes include ledger and subledger close, data loading and mapping, financial consolidation, 10K/10Q creation, reconciliations, tax/treasury-in fact, any task associated with the extended financial close.
Customers can define, prioritize and schedule close tasks and track their status using notifications and alerts. And by using the central dashboard to monitor the process, customers can immediately act on errors and delays, as well as analzye processes to evaluate and improve close-cycle effectiveness.
Analytical Master Data Management
Create an enterprise view of analytical dimensions, reporting structures, performance measures and their related attributes and hierarchies using Oracle Hyperion Data Relationship Management’s data model-agnostic foundation. Construct departmental perspectives that bear referential integrity and consistency with master data constructs based on validations and business rules that enforce enterprise governance policies. Synchronize master data with downstream systems including business intelligence (BI)/enterprise performance management (EPM) systems, data warehouses and data marts to gain trustworthy insight.
Oracle Hyperion Financial Close Management’s common foundation and tight integration with other Oracle performance management applications reduces the total cost of ownership by providing a single point of maintenance-a feature that point solutions and non-integrated EPM suites cannot match.
Oracle Hyperion Financial Close Management Datasheet
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