Financial Consolidation Close Cloud Oracle Confidential – Internal/Restricted/Highly 2 Restricted .

Customer Issues:  Lengthy and cumbersome closes  Accuracy and Efficiency issues  Difficulty with reporting and analysis  Increasing collaborations and to ensure responsibilities.  Manual interventions  Comply to Statutory requirements  No control over the process  Too many disconnected spreadsheets …AUDIT ISSUES Oracle Confidential – Internal/Restricted/Highly 3 Restricted .

Financial Consolidation and Close Cloud Service(FCCS) FCCS provides you an effective and efficient end to end application for Solving Financial Consolidation and consolidation and close process Reporting Issues With ‘Out-of-The-Box’ Oracle Financial Consolidation and Close Cloud Service(FCCS) Oracle Confidential – Internal/Restricted/Highly 4 Restricted .

Forms. SECURE AND AUDITABLE Oracle Confidential – Internal/Restricted/Highly 5 Restricted . Movements. Account hierarchy. ensures Accuracy • Prebuilt Dashboards.Key Highlights • Dramatically reduce the time and cost to complete the financial close • Data Load From ERP. Close Calendar • Ensure clear responsibilities and timescales • Built in Financial Intelligence • No Hardware/software required • Implement processes that are integrated. Task Lists.

Financial Consolidation and Close Cloud Service Features • Automatic Multi currency Translation and FX adjustments • Cash flow analysis • Multi-GAAP Support • Tracks Key Performance Indicators and Data Source • Automated Backups and system update • Enable Journal Adjustments with Approval workflow • Security Controls • Includes features for Automatic INTER COMPANY Elimination and Matching Reports Oracle Confidential – Internal/Restricted/Highly 6 Restricted .

Tasks Built in Close Manager Task Responsibilities and Workflow Timelines and calendars aligned with the close Reflects due date Assignments Notifications based on work status and due dates sent on mail Oracle Confidential – Internal/Restricted/Highly 7 Restricted .

Data Forms  Data Forms can be recorded by Web or through Smart View  Smart View is a comprehensive tool for accessing and integrating FCCS content from Microsoft Office products  Drill through is possible from forms  Composite and Ad hoc forms are also available Oracle Confidential – Internal/Restricted/Highly 8 Restricted .

Managing Journals  List of journal entries entered  Status of Workflow  Auto Filter Option  Submit/ Reject options  Automatically numbered Oracle Confidential – Internal/Restricted/Highly 9 Restricted .

Dashboards Pre-configured Dashboards • Close Dashboard  Displays tasks. journals and supplemental data  Ability to navigate anywhere you want to • Compliance  Compliance  Supplemental Compliance • Financial  Balance Sheet  Income Statement  Cash Flow Oracle Confidential – Internal/Restricted/Highly 10 Restricted .

Financials and more in XLS. PDF and HTML view Oracle Confidential – Internal/Restricted/Highly 11 Restricted . Reports • Journal Reports.

Financial Reports Oracle Confidential – Internal/Restricted/Highly 12 Restricted .

Trace if there are any out of balance between entities Report generation on the basis of plug accounts Oracle Confidential – Internal/Restricted/Highly 13 Restricted . Intercompany Reports Automatically generates Matching Reports with the partner transaction side by side.

Period 4.Year Oracle Confidential – Internal/Restricted/Highly 14 Restricted .Data Source 8.Currency 6. Dimensions 11 Seeded Dimensions 1.Movement 9.Account 3.Entity 7.Intercompan y 10.Scenario 2.Consolidate 5.View 11.

Importing Data Types of Data Trial Balances Journals Import via Flat Files Oracle Confidential – Internal/Restricted/Highly 15 Restricted .

Importing Data Submission of Process for Uploading Templates Oracle Confidential – Internal/Restricted/Highly 16 Restricted .

Monitoring Data Load • You can monitor Data Load in Process Details Page • Also Data Load Work Bench provide you the details on the request Oracle Confidential – Internal/Restricted/Highly Restricted 17 .

Subsidiary Status In Data Analysis. with Prebuilt in Form ‘Data Status’ we can consolidate data from any period/ range and the work status of the subsidiaries can also be traced from this report Oracle Confidential – Internal/Restricted/Highly 18 Restricted .

segregation of duties and • Journal Entry with approval workflow transparent calculations • Supplemental Schedules for Data • Automated Cash flow Collection • Data Source detail tracking with drill • Custom calculations with member through capability formulas • Application with role based tasks and data access rights Oracle Confidential – Internal/Restricted/Highly 19 Restricted . Summary of FCCS Functionality Close and Consolidation • Guide and monitor the close from start to • Present a tablet friendly user finish experience • Standard Consolidation and • Narrative Reporting Enabled eliminations • Connect to any source of ERP • Built in KPI Ratios analysis applications and quickly • Currency Translations and FX integrate data from multiple calculations sources including spreadsheets. • Multi.GAAP support • Intercompany Matching • Auditing.