Organizations today rarely consist of a single entity. More likely, they have complex ownership structures including numerous subsidiaries, joint ventures, and partnerships in multiple jurisdictions. For these organizations, getting a single, consolidated view of operational and financial positions is often a manual, time-consuming, and resource-intensive process. Rapidly changing business environments, combined with increased regulatory and management reporting requirements, mean that organizations must deliver information more quickly than ever, along with visibility back to source data and complete audit trails.
Oracle's PeopleSoft Global Consolidations brings together financial data from disparate sources to create a single, global view of financial information across the entire enterprise. With one consistent view of your enterprise's financial position across complex organizational boundaries, you can more confidently comply with financial reporting requirements, adapt to changing business conditions, and establish a basis for ongoing enterprise-wide performance management.
Single Source of Financial Data
Manage disparate sources of data with automated mapping for consolidating charts of accounts and calendars.
Consolidate financial information based on regulatory or management structures within your organization.
Load data from Oracle's PeopleSoft Enterprise, JD Edwards EnterpriseOne, and JD Edwards World sources, using preconfigured maps.
Automated Consolidation Process
Streamline the financial consolidation process by using configurable rules to define ownership structures, eliminations, and noncontrolling interest.
Process data more rapidly using pro-forma consolidations and parallel processing.
Monitor the consolidation process with on-demand, interactive views that allow online drill-down inquiries and audit trails.
Decentralize the financial close responsibilities, yet have global visibility into both the source and resulting consolidated information.
Make faster, more informed decisions using consolidated information previously buried in disparate systems around the world.
Improve your financial intelligence by adding new dimensions to your corporate-wide analysis.
Rapid Return on Investment
Consolidate and report against financial information held in any PeopleSoft or non-PeopleSoft accounting system using comprehensive data acquisition and mapping capabilities.
Leverage an open reporting solution that includes prepackaged analysis and multidimensional reporting templates, business-relevant measures, complex derived metrics, templates tailored to individual roles, and functions that are applicable to your business.
Run PeopleSoft Global Consolidations on a variety of database and operating system platforms, including UNIX, NT, and MVS.