Oracle Financial Consolidation and Close Cloud Service (FCCS)
Financial and Management Consolidation in the Cloud
Oracle Financial Consolidation and Close Cloud Service (FCCS) provides a cloud-based end to end solution for efficiently managing financial consolidation and close processes. Designed to meet management and statutory reporting needs, Oracle FCCS builds on 30 years of Hyperion expertise to deliver reliable consolidation and reporting with a SaaS model.
Oracle FCCS offers a true Consolidation in the Cloud user experience. Built-in financial intelligence and pre-configured components fast-track the time to value. Integration with on-premise and cloud sources enables timely and transparent collection, processing and reporting of financial management information.
Oracle Financial Consolidation and Close Cloud Service provides a low-cost Enterprise-class financial consolidation and reporting solution for small to mid-size companies that reduces the cost of compliance.
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Best practices out-of-the-box to get up and running quickly
Pre-configured consolidation model making it easy to meet global reporting requirements such as IFRS and local GAAP, helping drive significant cost and time savings
Financial consolidation data with pre-built cash flow, balance sheet, and income statement lets you report with confidence
Built-in connectivity to core source systems, such as ERP and others, for consolidation and close needs
Provide enterprise level collaboration with dynamic, data-driven approval orchestration
Provide real-time insight and access to data with interactive process and financial dashboards out of the box
Present a tablet-friendly user experience for easy, on-the-go data access
No infrastructure investments required
Shift from traditional capex models to a SaaS-based license model. Avoid costly upgrades or ongoing IT management expense.