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ORACLE DATA SHEETORACLE FUSION FINANCIALS CLOUDSERVICETHE NEW STANDARD FOR FINANCEKEY FEATURES Innovative embedded multi-dimensionalreporting platform Simultaneous accounting of multiplereporting requirementsOracle Fusion Financials Cloud Service is a complete and integratedfinancial management solution with automated financial processing, effectivemanagement control, and real-time visibility to financial results. Now you haveeverything you need to make better decisions, meet financial compliance andimprove your bottom line. Role-based dashboards push issuesand work to users Embedded transactional intelligenceguide users’ decisions Imaging integration for supplier invoices Extensive spreadsheet integrationacross finance functionsKEY BENEFITS Gain real-time access to live financialdata Comply with global accountingstandards and multiple legislative,industry or geographic requirementsComplete Financial Management SolutionOracle Fusion Financials Cloud Service offers an integrated financial management suite that isdesigned to automate, streamline, and control financial processes end-to-end withoutexpensive hardware and system management overhead costs.The Oracle Cloud offers self-service business applications delivered on an integrateddevelopment and deployment platform with tools to rapidly extend and create new services.The Oracle Cloud is ideal for customers seeking subscription-based access to leading Oracleapplications, middleware and database services, all hosted and expertly managed by Oracle.The application services are designed for ease-of-use, enabling business users to manage thesolution directly with no IT involvement. Proactive issue resolution for automatedprocessing Improve decision-making and increaseaccuracy during transaction entry Reduce transaction processing costsand data entry errorsFigure 1: Oracle Fusion Financials Cloud ServiceOracle Fusion Financials Cloud Service transforms process automation and informationaccess to simplify controls, increase productivity and improve business decisions.It includes a broad suite of capabilities including general ledger, accounts payable, accountsreceivable, fixed assets, expenses, collections and cash management as well as centralizedaccounting, tax, payment and intercompany engines.Stay Informed and Stay in ControlToday, companies are under increasing pressure to provide accurate and reliable information

ORACLE DATA SHEETfaster and more efficiently to both internal and external decision makers. Oracle FusionFinancials Cloud Service supports all financial reporting and analysis needs from a singlesystem.Oracle Fusion Financials Cloud Service delivers a unique reporting platform that is built witha multi-dimensional data model – embedded within Fusion General Ledger. Summarizedbalances are maintained in real-time making reports, online queries and multi-dimensionalanalysis extremely fast. This architecture allows for pivot and drilldowns to any level as wellas unlimited hierarchies for comparison and roll up.Self-Service Reporting Delivers Financial Reports When You Need ItThe Oracle Fusion Financial Reporting Center provides a single location to securely distributeand access reports based on real-time accounting information, complete with drilldowns tolive transactions.Board quality financial statements and departmental reports can be viewed the way youchoose – HTML, PDF, or MS Office. CFOs can export financial statements to MS Officeproducts, such as PowerPoint, Excel or Word, and refresh the results within those desktopapplications with a single click.Figure 2: Oracle Fusion Financial Reporting CenterSelf-Monitoring Accounts Alert Users to ExceptionsResearching anomalies in account balances can be cumbersome and time-consuming. Whenexceptions are identified, it often may be too late to take corrective actions.The Account Monitor automatically detects unexpected changes in account balances based onthresholds that you define. You can compare monthly, quarterly, and yearly balances for boththe current and previous years as well as their percentage change to assess whether thevariance is favorable or unfavorable. You can quickly drill through multiple levels ofsummarized balances, view different perspectives of the balance, and even drill back to theoriginating transaction to investigate the root cause of exceptions.Improve Insight and Make Better DecisionsOracle Fusion Financials Cloud Service does more of the thinking for you by providingembedded intelligence within the context of business transactions to guide users’ decisions.Real time intelligence is displayed in the same window where users enter transactions so theydo not have to drill down or navigate to a separate page.For example, in Receivables matching customer payments to outstanding invoices and2

ORACLE DATA SHEETmanaging payment exceptions are key activities within Finance. SmartReceipts within FusionReceivables uses payment information to apply receipts and recommends matches forexceptions. A prioritized list of invoices is recommended, complete with a weighted referencescore and reason, based on the matching rules you define. Using the calculated score, you canquickly decide which payments to apply and which exception recommendations to use.A history of the reasons why receipts were not automatically applied is maintained so you canupdate your matching rules and improve the hit rate of automatic receipt applications in thefuture. SmartReceipts increases the number of payments that are applied automaticallymaking your receivables processes faster and more consistent.Figure 3: SmartReceipts in Oracle Fusion ReceivablesRole-Based Dashboards Deliver Work to YouRole-based dashboards that deliver information from multiple work areas, worklists, andwatch lists serve as centralized cockpits to manage key accounting activities. They proactivelymonitor processes, raise exceptions that occur during processing, and push work to users.Instead of running multiple queries or identifying tasks, users simply need to log into theirdashboards and work areas to see what they need to do that day.For example, the Payables Manager Dashboard alerts you to exceptions, like missingexchange rates that occur during automated invoice and payment processing. It also tracks thestatus of supplier invoices and identifies which invoices require approval, as well as whichinvoices and payments are on hold and more. With a single click you can connect with otherusers to follow up on pending items and get actions completed faster.Remember users can personalize their own dashboards by adding, moving or removingportlets to meet their needs.Increase Productivity and be More ProfitableOracle Fusion Financials Cloud Service supports multiple productivity tools that help youcapture transactions with greater efficiency and lower costs for resource-intensive taskswithout compromising controls.3

ORACLE DATA SHEETOracle Fusion delivers extensive spreadsheet integration across multiple finance functions,allowing finance users to work in a familiar environment. Spreadsheets are seamlesslyintegrated with the applications for high volume data entry and one-click uploads. Thefollowing are just some examples of where spreadsheets are used: Fusion General Ledger: You can enter journals, correct journal import errors, andupload currency conversion rates within a spreadsheet. Fusion Payables: You can enter supplier invoices and correct invoice importerrors. Fusion Assets: You can prepare asset source lines and complete asset detailswithin a spreadsheet and then import them. Fusion Expenses: Your employees can enter their expense reports in Excel. Fusion Receivables: You can process customers’ receipts and remittanceinformation.In addition, all reports and transactional tables can be exported to Excel for further analysisand easier viewing of large amounts of data.Close Your Books FasterWhen you are under pressure to close your books faster and complete your financial reportingsooner, it is important to know where you are in the close process.Using the Close Status region of the General Accounting Manager dashboard within FusionGeneral Ledger, you can immediately identify which subledgers have not closed yet.Now you have complete visibility and centralized control of the close status of subledgers,such as Projects, Payables, Receivables, Assets, and ledgers in General Ledger. Authorizedusers also have direct access to the period status pages to open and close periods to controltransaction entry.The Subledger Outstanding Transactions list allows you to predict whether you’ll close ontime and, if not, what you can do to fix any problems. You can see how many transactions areunaccounted, or accounted but not posted, as well as transactions with errors or in draft status.Best of all, you’re able to fix these issues directly by drilling-down to the original transactions.By knowing your close status at all times, you can resolve issues quicker and close your booksfaster, giving you more time to focus on what really matters: your financial performance.4

ORACLE DATA SHEETORACLE FUSIONFINANCIALS PRODUCTSOracle Fusion FinancialsCloud Service is a completefinancial managementsolution that includes thefollowing products: Fusion Assets Fusion AdvancedCollections Fusion Cash Management Fusion Common Modules Fusion Expenses Fusion Financial ReportingCenter Fusion General Ledger Fusion Payables Fusion Payments Fusion Receivables Fusion SubledgerAccounting Fusion TaxRELATED PRODUCTS Fusion Risk and ControlManagement CloudServiceFigure 4: General Accounting Dashboard and Close StatusThe reconciliation process is expedited with interactive reconciliation reports that compareopen receivables and open payables balances to the corresponding balance in Fusion GeneralLedger. If differences exist, Oracle Fusion Financials Cloud Service automatically performsthe labor-intensive process of matching each transaction to its respective accounting entry andfinds all transactions and accounting entries that contribute to the out-of-balance total.Accountants can drill down directly to the transactions to investigate discrepancies. Oracle Hyperion PlanningPlus Cloud ServiceFigure 5: Subledger to General Ledger Reconciliation SummaryComplete Financial ManagementOracle Fusion Financials Cloud Service is a complete, comprehensive, and integrated suite ofapplications built on open standards using a service-oriented architecture and a commonfinancial platform. Oracle’s solutions work together with centralized components foraccounting, customer and supplier data, tax, payments, and intercompany accounting to helpcompanies accelerate financial processes, enforce compliance, and free resources to grow thebusiness.External Data Integration Services for Oracle CloudOracle Fusion Financials offers External Data Integration Services for Oracle Cloud to enableexternal data integration infrastructure and services. This integration supports file-based data5