Oracle Financials ERP Cloud is a cloud-based, end-to-end business management solution designed for midsized to enterprise-level customers. It offers a suite of applications including material planning, financial accounting, and business intelligence.
In addition to GL, analytics, and self-service reporting, Oracle’s accounting features include a powerful business intelligence module to identify trends from enterprise data. Billing departments have access to a payables and assets dashboard where they can reconcile statements, track supplier invoices and payments, account for fixed assets, manage multiple bank accounts, and more.
Expenses can be entered via mobile devices and are updated in real-time. Invoice imaging is integrated, so supplier invoices and other documents are scanned and posted automatically.
To cut down on implementation time and costs, Oracle Financials ERP Cloud uses “Rapid Implementation” technology, which enables quick data migration from a currently used system. Users can also integrate Oracle ERP Cloud with their current solution and leverage the Oracle technologies to unite all business processes into a single view.
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