Integrated Accounting Modernization to Enable Faster Close
summary
Pre-built integration between Financial Services Data Foundation and Oracle ERP Cloud loads source systems into a staging area, applies normalization and quality checks, then pushes aggregated data to Accounting Hub Cloud Service where rules generate GL entries and balances feed back into staging so ledger and transaction-level data reconcile. The result is a claimed faster close, far fewer custom Excel reconciliations, unified analytics from top-down drilldown, consistent statutory reporting, and a white-box architecture that lets existing apps coexist.
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chapters (5)
- 0:00Start
- 2:26How Does Oracle Solution Lead to Resolving all of these Types of Challenges
- 4:00How Does Oracle's Solution Work
- 6:27Overall Reference Architecture
- 9:31Oracle Analytics Cloud
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