Key features of Oracle Financials Cloud
Centralized Setup using FSM: Centralized implementation experience using FSM. Central place to enter all setups across products like Financials, SCM, PPM. Revenue Recognition Compliance: Centralized and automated revenue management to address revenue as per ASC 606 and IFRS 15 accounting standard with ability to recognize revenue independent of billing Multi-dimensional reporting . This is a key feature for general ledger. General ledger in the Financials Cloud integrates with Essbase, a multidimensional database that can generate financial statement reports. You can use the data from Essbase using Oracle Financial Studio reports, using Smart View, a spreadsheet tool so accountants can retrieve these reports in a very familiar environment, in Microsoft Excel. File Based Data Import: Seeded functionality to upload high volumes of data. Data conversion can be done using FBDI templates in Cloud without any technical knowledge. Extensive spreadsheet integration . You can create q...