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September 2013

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Oracle Fusion Accounting Hub: The Answer to Multiple Fragmented ERP Systems

What problems are keeping today’s CFOs up at night? One big sleep depriver is the challenge of coping with multiple fragmented feeder systems and general ledgers, which can result in poor data quality and no single source of accounting truth.

New research shows the extent of the integration problem. Fifty-seven percent of CFOs cite integration issues as their greatest technology concern, according to Longitude Research. Another study found that the average organization has more than seven systems that must be integrated with its core accounting application.

Aberdeen research and Oracle are joining forces for an exclusive webcast that will explore this challenge in detail and explain how Oracle Fusion Accounting Hub provides an accounting integration and reporting platform that addresses data integration challenges.

Accounting Integration and Reporting Platform
Oracle Fusion Accounting Hub offers two important components. The first is an integration platform that creates standardized accounting for activities originating in disparate systems, and delivers transparency for corporate, regulatory, and management reporting. The second is a reporting platform that offers centralized daily operational reporting and analysis across multiple general ledgers with minimal disruption to current financial processes. With the complete solution, finance managers can

  • Rapidly integrate new systems to support future business requirements, thanks to an open and scalable accounting integration framework
  • Standardize accounting policies by defining accounting rules once and centrally applying them across multiple feeder systems
  • Establish a single source of accounting truth for external and legacy systems by deploying best practices across global locations for regulatory, corporate, and statutory compliance
  • Make timely decisions with role-based embedded intelligence
  • Provide transparency throughout the organization with a report center optimized for self-service access and distribution
Join the webcast to hear experts from Aberdeen research and Oracle discuss the latest developments in accounting integration and reporting, as well as Oracle Fusion Accounting Hub.

Get additional details about Oracle Fusion Accounting Hub.
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