Finance innovation with Oracle Financials
Give your finance team better data to increase forecasting accuracy, shorten reporting cycles, simplify decision-making, and better manage risk and compliance. Oracle Fusion Cloud Financials is a global financial platform that connects and automates your financial management processes, including payables, receivables, fixed assets, expenses, and reporting, for a clear view into your total financial health.
Pivot forward and define your future.
Find out why Oracle was named a Leader in the 2022 Magic Quadrant™ for Cloud ERP for Product-Centric Enterprises—for the 4th consecutive time.**
Automate more than 80% of your financial processes, including accounting for intercompany tax, and transfer pricing journals. Eliminate manual effort, create more accurate tax reports, and close your books faster.
Continually improve exception handling based on past actions and quickly identify issues that present business and audit risks.
Standardize your chart of accounts, business processes, data model, security and compliance controls to unify your business for coordinated decisions and action.
Simplify calculation of partner shares to produce more accurate invoices and make your joint ventures easier to manage and measure.
Adopt new business models globally, oversee global operations and support M&A activities without additional investments in technology or bolt-on solutions.
Define and manage budgets and spending with increased visibility into commitments, obligations, and expenditures.
Easily create, settle, and report on your intercompany transactions and reduce mismatches in intercompany accounting with automatic intercompany balancing.
Gain efficiencies with highly automated financial processing and increase enterprise visibility with the fastest and most scalable general ledger on the market.
Establish a strong foundation for financial processes, corporate accounting, and financial reporting with this enterprise accounting and finance platform.
Harmonize accounting from disparate ERP and transactional systems. Create consistent, standardized accounting for disparate ERP systems using an enterprise-wide chart of accounts.
Create a single source of financial truth that your corporate accounting and fp&a teams can rely on.
Quickly adapt centralized accounting rules as company policies evolve and new accounting standards take effect.
Provide deep insight into operational results by analyzing financial information from many sources, including ledgers, subledgers, and supporting references.
Handle high transaction volumes with a powerful and centralized accounting engine that delivers unmatched processing speed.
Put excess cash to work faster by offering dynamic discounts for early payment to recommended suppliers, powered by integrated Oracle AI apps for ERP.
Eliminate the time-consuming drudgery and errors of manual invoice entry and matching.
Eliminate redundant payables services with centralized invoice and payment processing.
Simplify expense reporting with digital assistant, mobile expense entry, automated spend controls and smart auditing.
Optimize cash management and generate timely insights into your cash position by automating cash-intensive financial processes and speeding up invoice processing with automatic invoice matching.
Get rid of monthly, spreadsheet-based cash forecasts and use predictive algorithms to automatically generate a daily cash forecast.
Upgrade your customer experience with self-service billing, tailored payment options, credit scores and profiles, as well as collections strategies.
Configure the right mix of products or services and create accurate, professional quotes.
Manage Subscriptions, renewals and upgrades with a fully integrated, cloud-based subscription management system.
Meet IFRS 15/ASC 606 standards and avoid headaches from determining when to recognize revenue and for how much.
Move from manual to automation in managing asset acquisition, capitalization, depreciation, and retirement.
Minimize your tax burden while meeting regulatory tax requirements, including IFRS, GAAP, federal, state, AMT, and more.
Meet ASC 842 and IFRS 16 standards throughout the lifecycles of right-of-use assets and leases, including inception, amendments, and terminations.
Improve accounting accuracy by automating manual, error-prone processes to meet federal standards.
Increase data confidence and promote clean audits with built-in audit and security controls.
Speed up payment processing with automated treasury exchanges and increase visibility into payment activities.
Automate and eliminate the manual business processes that keep finance teams in a constant state of reaction to business demands. With Oracle Financials, built-in artificial intelligence automates up to 96% of standard transactions while increasing transaction accuracy. Spend more time taking action with real-time KPIs powered by machine learning that identify opportunities to improve results.
Cash liquidity dictates longevity and sustainability for all companies. Accurately forecasting cash needs is often hindered by disconnected business processes and siloed data. With Oracle Financials, you can continuously forecast with real-time, unified financial data. Automate cash-intensive financial processes with artificial intelligence and machine learning to speed up cash inflows and reduce outflows—decreasing the sneaky cash leaks that can have big consequences.
Making major business decisions to go global, launch a new business model, or undertake a merger or acquisition, oftentimes rests on the confidence you have in your existing financials systems’ ability to scale. With customers in more than 116 countries, Oracle Financials has the extensive global and accounting capabilities to confidently make game-changing decisions. And, with built-in artificial intelligence and machine learning, you’ll know the best times to make your moves.
Good insights into the financial health of your business should never be hard to get. Oracle Financials makes it easy to get good answers fast with configurable dashboards, simple data visualizations, and graphical views of real-time financial data.
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* Gartner, Inc., Magic Quadrant for Cloud ERP for Service-Centric Enterprises. John Van Decker, Denis Torii, Tim Faith, Sam Grinter, Patrick Connaughton, 12th July 2022
** Gartner, Inc., Magic Quadrant for Cloud ERP for Product-Centric Enterprises, Greg Leiter, Dixie John, Robert Anderson, Tim Faith, September 26, 2022.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
The graphics were published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request. GARTNER and MAGIC QUADRANT are registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.