Oracle FCCS dramatically reduces the time and cost to complete a close. It provides a pre-configured consolidation model that makes it easy to meet global reporting requirements like IFRS and GAAP while driving significant cost and time savings, a complete end-to-end solution that gives visibility into the entire close, consolidation, data collection, and reporting activities, financial consolidation data with pre-built cash flow, balance sheet, and income statement, and built-in connectivity to core source systems such as ERP and others, for consolidation and close needs.
In this webinar, see how FCCS combines best practices for close and consolidation built for the cloud. Attendees will see how FCCS, with its best practice, out-of-the box functionality for quick deployments, including dynamic calculations, with limited need for customization, allows users to guide and monitor the close from start to finish. The webinar also highlights how key performance indicators can be used to automatically track key metrics across the organization and how FCCS provides a strong compliance framework including auditing, segregation of duties, and transparent calculations and easily leverages multi-GAAP driven applications with full currency support, intercompany eliminations, equity eliminations, adjustments, and detailed data tracking.