Oracle E-Business Suite Financials
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Only Oracle E-Business Suite Financials
- Meets global financial reporting and tax requirements with one accounting, tax, banking and payments model
- Makes it easy to operate shared services across businesses and regions
- Delivers pre-integrated financial and industry-specific processes
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- "Oracle is refining its strategy in the financial applications market through a number of product enhancements that aim to boost the global appeal and usability factor for both PeopleSoft Enterprise and Oracle E-Business Suite customers." (IDC, Worldwide Financial Applications 2006-2010 Forecast and 2005 Vendor Shares, Dec. 2006)
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| Leverage |
Gain |
Accomplish |
- Highly scalable global shared services
- Flexible Ledger Architecture
- Best practice ERP and industry solutions
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The Most Scalable and Adaptable Financial Processes |
- Reduce costs by automating, centralizing, and standardizing global transactional processes - often through shared services
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- Comprehensive GRC applications
- Best-in-class GRC infrastructure
- Integrated business insight
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The Most Complete Governance, Risk and Compliance Solution |
- Manage enterprise risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance
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- Consistent financial and operational information
- Dynamic planning, budgeting and forecasting
- Multi-dimensional profitability analysis
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The Most Integrated Performance Management |
- Make the right investments in the business with integrated performance management and business intelligence
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| Key Financial Process Benchmarks |
Median |
Best |
| Accounts Payable |
Cost per invoice processed |
$5.18 |
$2.64 |
| # of invoices processed per FTE per year |
7,583 |
12,122 |
| Cost per payment |
$14.66 |
$9.26 |
| Credit to Cash |
Cost per remittance processed |
$4.88 |
$1.84 |
| % of invoices with inquiries |
$3.53 |
$1.30 |
| Days sales outstanding (DSO) |
46 |
30 |
| Travel & Expense |
T&E department cost per expense report |
$15.00 |
$7.35 |
| # of expense reports processed per FTE per year |
2,500 |
5,800 |
| Financial Control & Reporting |
Days to close the books (month-end) |
7 |
5 |
| % of system generated entries |
80% |
94% |
| Financial Analytics |
Budgeting & analysis cost as % of revenue |
0.11% |
0.04% |
| Days to prepare budgets |
75 |
45 |
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1 Source: PricewaterhouseCoopers Global Best Practices
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- The Finance Challenge of Aligning The Business With Strategic Goals (MP3, 13 min.)
- The Latest on Oracle's Applications Strategy - February 28, 2008 - Update from Ed Abbo, SVP, Oracle's Applications (MP3, 9 Min.)
- Listen to an interview with Terrence Wampler, Vice President for Oracle's Financials Product Strategy, discuss the architectural changes in Release 12 as well as how EBS Financials Release provides simplification, standardization and process efficiencies for customers (MP3, 13 Min.)
- Listen to Murali Subramanian, Group Vice President and General Manager of Oracle's E-Business Suite Applications, discuss the latest updates to Oracle's E-Business Suite Release 12 including benefits to all customers and why customers should consider upgrading (MP3, 8 mins.)
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