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

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

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 .

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

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 .

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

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

Intercompany Reports Automatically generates Matching Reports with the partner transaction side by side. 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 .

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

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 .

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 .Subsidiary Status In Data Analysis.

GAAP support • Intercompany Matching • Auditing. • Multi. 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.