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 quite a few transactions in different modules
in an Excel spreadsheet template. So in receivables, you can create customer
receipts. In AP, you can create supplier invoices from a spreadsheet template
that Oracle provides. This extensive spreadsheet integration also defining
setups, such as GL setups, banking setups, etc.
Embedded Oracle
Transactional Business Intelligence (OTBI). Oracle delivers OTBI reports,
but you can also create your own OTBI objects to answer daily business
questions. This would be a reporting tool available to all of the the subledger
applications, like Revenue Management and receivables, payables, cash
management, etc.
Infolets and
Infotiles. They help our users see what needs to be done on a day-to-day
basis. These mini dashboards improve efficiency and guides the end-users
through the daily processes that need their attention.
Imaging integration
for Payables. You can create a supplier invoice based on an image. So that
image of that invoice, a PDF document or a document ending in an extension like
JPEG, JPEG can be sent to an email account that Oracle provides, and then we
use technology to read the images in that document and create a supplier
invoice.
Role based dashboards.
These are navigational components that allow a user to do a number of functions
related to their jobs in one navigational component, multiple links, multiple
sections in a page, and that increases efficiencies. It reduces the number of
clicks are they have to do.