Oracle Financial Consolidation and Close Cloud Service is an accounting and financial consolidation solution that enables the rapid and reliable generation of financial reports considering a variety of scenarios such as changing GAAPs, intercompany operations, currency conversion, etc. Built entirely with technology website and designed to be used and maintained by the finance team, provides financial managers with the ability to quickly consolidate and report financial results, meet global regulatory requirements, reduce the cost of compliance, and provide reliability to accurate figures.

In addition, this tool will help you manage all the tasks of the financial cycle, including accounting and reporting, data loading and mapping, financial consolidation, reconciliation of accounts, fiscal / treasury, and internal and external communication processes, and any task associated with the year-end closing.