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Get Your Finance Team Grooving with EPM FCCS

Datavail White Paper

Financial consolidation and closing are critical for organizations, but they can be time-consuming and resource-intensive, diverting attention from strategic initiatives. Oracle Financial Consolidation and Close (FCCS) in Oracle Fusion Cloud Enterprise Performance Management (EPM) suite streamlines and optimizes the process, ensuring accurate financial reporting regardless of company size.

This whitepaper delves into the main features and benefits of EPM Cloud FCCS, highlighting how FCCS serves as an all-inclusive solution for the close process. It not only provides a top-notch consolidation solution but also offers a means to effectively manage and oversee the entire close process.

Key highlights from the whitepaper –

Best Practices for Accurate and Flexible Financial Close: The whitepaper outlines key practices for enhancing and automating the financial close process, including managing the extended close process, focusing on critical enhancements, establishing a visible close schedule for transparency, utilizing intelligent process automation and machine learning, and delivering self-service reporting promptly.

Leveraging EPM Financial Consolidation and Close (FCCS): How organizations can leverage FCCS to simplify and accelerate the financial consolidation and close process. It highlights features such as advanced consolidation and close, automated intelligent processes, transparency, and regulatory compliance.

Transformation story: Real world use case of a leading global provider of networking and communications equipment that implemented FCCS to streamline its financial consolidation and reporting processes. They realized significant benefits that included using fewer spreadsheets, improved efficiency from tax and finance working from the same software, improved automation of the transfer pricing process for compliance, better data transparency and controls around tax reporting, and more.

Download our comprehensive whitepaper, Get Your Finance Team Grooving with EPM FCCS, to maximize the potential of your organization’s financial consolidation and close process. Unlock valuable insights into how Oracle EPM FCCS can revolutionize and enhance your close process, ensuring transparent, streamlined, efficient, compliant, and auditable financial ta reporting. Fill out the form and take the first step towards transforming your consolidation and close practices today.

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