FINANCIALS

CLOUD

Oracle Financials Cloud

Modern Finance

Modern Finance

Technology is fueling a
change in finance.
Cloud computing is a vision that is turning into a reality
for companies, both big and small. Visionary finance leaders
view applications and technology as a service. The service
must be secure, reliable, scalable, and available from any
device and at any time all while it lowers costs and
minimizes integration complexity.
Oracle has leveraged its vast applications experience to
simplify and optimize the finance user experience, while
making it easier to control and analyze your business in realtime. Todays finance organization is expected to be a key
strategic player in decision making and therefore requires
access to more information across the enterprise, greater
analytical acuity, and real-time reporting that results in better
business decisions.

The Oracle Financial Suite

Receivables

Assets
Cash
Management

Accounts
Payable
Procurement

General Ledger

Planning and
Budgeting

Social

Mobile

Integration

Analytics

Reporting and
Analytics

Oracle is committed to helping customers optimize their

financial business processes
with a comprehensive cloud solution that is designed to automate and streamline an organizations financial management
processes end-to-end.

Simplify

Simplify
You need solutions that work seamlessly and
simplify your existing business process flows.
Oracle has created a modern user experience where
processes and tasks are simplified for all users by
leveraging intuitive user interfaces, robust integration,
embedded intelligence within the applications, and
collaborative features that support your work flows.

Analyze

Simplify

Optimize

Control

Simplify

Simplify | 2
Oracle delivers an intuitive user interface that provides
real-time information about common financial activities,
pinpoints issues that require attention, and helps you
prioritize your day-to-day activities.
Simple configuration allows your users to focus on
strategic initiatives and offer insights into the internal
and external business environment.
Users can easily identify underperforming lines of
businesses, areas with excessive expenses, and
perform cash flow projections to help them expand
into new geographies or lines of business.
Pages are configurable and support easy drilldowns
to underlying transactions, reports, and application
functions that quickly help you gain additional insight
and resolve problems.

Simplify

Simplify | 3
Supplier invoice entry should be completely touchless.
You can scan invoices with intelligent document recognition,
which are then completed, matched, approved, paid, and
posted to the general ledger without any user intervention.
This allows you to:
R
 educe

transaction processing costs and data entry errors by

eliminating paper

S
 ave

money by taking advantage of early pay discounts and

avoiding penalties

E
 liminate

the need for costly third-party solutions that require

custom integration

E
 xpedite

invoice approvals and audits by being able to access

the invoice image throughout the invoices lifecycle

M
 aximize

productivity with an automated workflow

With Oracle, we process

600,000 monthly commission payments 5x faster,
increased our capacity
to innovate by 50% and
reduced system management costs by 29%.

ANDREW MCGEE

IT Manager, Australian Finance Group Ltd.

Analyze

Analyze
Companies are pressured to analyze and deliver results more
quickly and accurately than ever before. Oracles unique
reporting platform provides accurate and timely information
to help you make better business decisions.
Your balances are multidimensional. When you post
transactions, your balances are aggregated at every possible
point of summarization across your date-effective hierarchies,
ensuring immediate access to financial data and eliminating
the need for an external data warehouse.

Multidimensional
Scalable
Immediate
Results

Oracle provides us with a complete

solution with integrated components
and excellent transactional and reporting capabilities that fully address our
business requirements. The Oracle Cloud
solution also ensures that we can scale
cost-effectively to meet scheduled business growth, and offers the lowest total
cost of ownership over five years.

SAMIR MAYANI
Khaleefa Butti Bin Omair Group

Analyze

Analyze | 2
Large quantities of data can be accessed and analyzed rapidly
on any device. Financial statements are both boardroom ready
and highly interactive.
The Sunburst reporting tool allows you to analyze account
balances across business dimensions and easily visualize
trends represented by size and color.
Oracle Financials Cloud reporting gives you the industrys
best tools to analyze your data in real-time, anywhere,
and on any device.

Oracle Enterprise Resource Planning Cloud really

helped modernize our business. We now have a
360-degree view of our entire organization and
have greatly expanded our reporting capabilitiesall with the convenience, reliability, and
scalability of Oracles cloud-based platform.

STEVEN VAN HOUTEN

CFO, The Rancon Group

Optimize

Optimize
You want solutions that adapt to the way your organization and
its people work. Oracle Financials Cloud provides standardized
business processes tailored to industry needs and business
process flows.
Shared Services
Oracles approach to shared services is to standardize business
processes across global operations, centralize and consolidate
functions and systems, and automate everywhere to reduce
rework and errors. Centralized payments in Payables and
Receivables allows a single business unit to consolidate supplier
or customer payments for multiple business units thereby
reducing costs and increasing operational efficiency.
Global Support
Oracle Cloud Applications support 24 languages in more
than 50 countries. Oracles globalization support enables you
to process and retrieve data in native languages. Database
utilities, error messages, date, time, and monetary conventions
automatically adapt to any native language and locale.

Optimize

Optimize | 2
Whether its tracking your procurement operations or managing
sales, Oracle offers end-to-end automation to connect the
many business functions required to optimize and streamline
your business.
Complete Process Management
For companies that are process-oriented and global in nature,
optimizing the global supply chain is a priority. The integration
between Oracle Supply Chain Management Cloud and Oracle
Financials Cloud ensures accurate accounting of orders,
inventory, manufacturing and fulfillment activities. The integrated
solution supports direct material processes across demand and
supply planning, forecasting, purchasing, production, inventory,
receiving, shipping, and invoice processingto complete the full
order to cash, procure to pay and plan to produce cycles.
Spreadsheet Integration
Oracle offers extensive spreadsheet integration across
business processes to allow accountants to work in the
environment they prefer. You can enter journals, invoices,
expense reports, assets data, report and analyze financial
results, and more all from a spreadsheet.

Optimize

Optimize | 3
Industry Tailored Solutions
Oracle delivers effective solutions to meet your industry
specific requirements.
Public Sector, Higher Education, and Research
Budgetary Control and Encumbrance Accounting enables
organizations to control spending at any budget level or time
interval. Operational users who enter transactions can easily
observe the status of budget checks and reservations online.
Intuitive error messages and warnings enable them to quickly
identify and resolve exceptions. Budget managers can easily
monitor consumption rates and view budget, commitment,
obligation, expenditure, and funds available balances and
supporting transactions in a single view.

Consumption
Rates

Budget

Oracle ERP Cloud stood out as a mature,

reliable cloud solution. We are eager to
experience the many benefits, including
greater agility to adapt to the changing
dynamics in higher education.

JO ELLEN DINUCCI

Associate Vice President of Finance and

Administration, Boise State University
Expenditure

Commitment
Obligation

Funds

Optimize
FROM

7-10 days
1-2 days

Optimize | 4
Technology and Communications
Organizations need the confidence that reported revenue is
materially accurate. Oracles Revenue Management Cloud
Service simplifies revenue accounting with robust automation,
audit, and control capabilities for compliance with the latest
revenue recognition accounting standards.
Financial Services
For Financial Services industries that require average balance
sheets to meet regulatory requirements, General Ledger
provides the ability to track average and end-of-day balances,
report average balance sheets, and create custom reports using
both standard and average balances. Both standard and average
balances are stored in the multidimensional data model that is
automatically synchronized to allow you to quickly analyze and
report on average balances daily, monthly, quarterly, and yearly.

TO

to billing

Frontera was growing fast, and we were pursuing

global expansion. So we needed things like intercompany billing, multi-currency, global analytics, and
service lines. But we were still doing manual billing.
With the Oracle Project Portfolio Management Cloud,
weve been able to spend less on billing. We now
spend more time analyzing the business and having
strategic conversations about the data. The statistics
are really amazing. Time to billing used to take 7-10
days; it now takes 1-2 days. Weve freed up one
person entirely to better support sales operations.
Also expanding to new regions is exponentially easier
because we dont need a new country-specific
instance of the software for currency and resources.

HEIDI ZEE
Founding Partner, Frontera Consulting

Optimize

Optimize | 5
Professional Services
Companies that are project-centric, such as professional
services, will benefit from the integration between Oracle
Financials Cloud and Project Portfolio Management Cloud.
Project delivery is accelerated and profitability is increased
through standardized project cost control, integrated time
and expense capture, streamlined project contract compliance,
revenue recognition and timely project billing.

Control

Control
Control is a critical element of any financial solution. Not only
do you need to control your costs, but you also need to control
your financial processes and security to manage risk and
validate that your internal controls are robust. Oracle Financials
Cloud helps ensure strong internal controls and enhances risk
management in multiple ways
Security
Controlling who can access specific functions and data is
critical for any software deployment. Unauthorized access can
lead to deliberate or inadvertent fraud. Oracle Financials Cloud
delivers a robust security model that is pervasive across all
levels: the application, middleware, and database levels.
All delivered job roles leverage role-based access control
combined with segregation of duty policies that determine
which functions and data a job role can access.

Control

Control | 2
Cash Management
Controlling cash balances and accurately forecasting cash positions
is made simple with Cash Management. The cash management
dashboard pinpoints issues related to bank account balances,
missing bank statements, unreconciled statement lines and
transactions, and cash forecasts. You can anticipate short-term cash
requirements and reduce liquidity risk by viewing the 5-day cash
forecast across all your legal entities. You can also transfer balances
between banks to take immediate action to address any shortfall.
Asset Management
Oracle Assets simplifies fixed asset accounting with automated
asset management. Standard management tasks, such as asset
additions, asset transfers, disposals, reclassifications, financial
adjustments, impairments, revaluations, retirements, and legacy
data conversions can be streamlined with automated business
flows. You can also take physical counts of your asset inventory and
load them in a spreadsheet; the system then reconciles the results
of this file against the actual data and recommends the necessary
actions to ensure the accuracy and control of your fixed assets.

Bringing in advanced technology,

such as Oracle Financials Cloud,
will not only make us more profitable,
it will accelerate the business cycle.
We can create asset portfolios faster,
and we have the data that carriers
require at our fingertips. We are a
much stronger organization with
Oracle Financials Cloud.

MICHAEL MCLAUGHLIN
CFO, Tower Ventures LLC

Control

Control | 3
Collections
Staying on top of overdue invoices can make or break
profitability for many organizations. Oracle Advanced
Collections metrics provide the ability to measure
and view the performance of your collections activities
at various levels. It uses industry standard formulas
to measure and calculate these metrics current and
historical performance.
Risk Management
Achieving the right balance of control and agility starts with
laying a foundation of audit-ready Financials Cloud processes
and configurations. It then comes to life when you activate
Oracles integrated Risk Management Cloud. Automate
and streamline the labor-intensive process of documenting
and assessing business practices to satisfy your financial
reporting compliance regulations, such as Sarbanes-Oxley
and equivalent laws worldwide. Then add advanced financial
controls that automatically identify unusual transactions,
help you predict unanticipated risks, and demonstrate
control effectiveness.

Control

Control | 4
Planning and Budgeting
Proactively monitoring and controlling spending requires
discipline and strong processes. Oracle Planning and
Budgeting Cloud is integrated with Oracle Financials Cloud to
provide a complete solution to enforce closed-loop processes
for planning, budgeting, transacting, and measuring budget
versus actual results. You can load high volumes of budget
and planning data from legacy or third-party applications to
Oracle Planning and Budgeting Cloud Service and then report
on budgets versus actual balances from there or in Oracle
Financials Cloud.
ERP Analytics
Creating visibility into direct and indirect spending across
global accounts helps identify opportunities for consolidation
and cost reduction. Oracle Financials Cloud integrates with
ERP Analytics Cloud and Spend Analytics to help provide
transparency and better decision making across finance,
operations and procurement.

Oracle Planning and Budgeting

Cloud Service reduces our
reliance on spreadsheets and
puts critical information into the
hands of critical decision-makers.
It provides us with in-depth
holistic data from all parts of the
business, allowing us to streamline our operational planning
process without sacrificing visibility into key operational metrics.

TIM OAKES
Chief Financial Officer,
Edgewater Technology, Inc.

Mobilize

Mobilize
You can access real-time financial results any time,
anywhere, from your mobile device or desktop with
the Financial Reporting Center.
All financial reports have embedded collaboration that
allows you to open up communications to discuss the
contents of a report and add annotations, promoting
teamwork during the financial reporting review process.

Mobilize

Mobilize | 2
The Oracle Business Intelligence Mobile Application
Designer empowers business users to easily create
interactive analytical apps that can be shared with
any mobile device. The responsive Web engine of the
BI Mobile App Designer detects the device screen size
and automatically adjusts the app display, so the same
app can be opened on any device.
The Mobile Application Designer allows you to effortlessly
drag-and-drop app components to pixel-perfect positioning
with flexibility to meet unique needs. Filtering, searching,
and navigating through data relationships can be done quickly
on mobile devices anytime and anywhere.

Mobilize

Mobilize | 3
You can quickly enter and submit expenses directly from
your iPhone and Android devices with Oracle Expenses
mobile applications.
Oracle Mobile Expenses is a comprehensive solution that
supports common features such as photo capture of receipts,
voice capture to record expenses, supporting multi-currency
and mileage tracking based on your GPS location. Other
innovative features use your contacts and calendar on your
smartphone to select attendees for a meal or other expense
while capturing the receipt on the spot.
Additionally, managers can review all approvals pending
their action and quickly approve each one with a single swipe.
They can drill down to each report and view all expenses and
policy violations.

Collaborate

Collaborate
Oracle Financials Cloud offers robust, standardized business
processes that are highly automated, but what happens
when exceptions occur and you need immediate
assistance? Email is not effective when you need to
resolve issues quickly.
Oracle Financials Cloud provides embedded collaboration
throughout all business processes within the context of a
specific transaction or report. Collaboration with approvers
of supplier invoices, expense reports, journals, etc. to
expedite approvals is made simple. You can communicate
with your finance team in real-time from your desktop
or mobile device to resolve close issues during the
time-sensitive close process.
Embedded collaboration makes it easy to involve the right
people in the right decisions at the right time to resolve
exceptions in real-time.

Collaborate

Oracle Finance Cloud

offers real-time
collaboration anytime,
anywhere.

Inform

Discuss the contents

of a report or transaction and promote
teamwork during the
review process.

Share

Produce and review

critical content in a
shared environment
with powerful webbased document
viewing and annotation.

Integrate

Integrate
Oracle Financials Cloud provides seamless integration across
business processes, but you may have the need to integrate
with your existing systems or extend Oracle Financials
Cloud to suit your needs.
External web services allow you to load data from external
sources and third-party applications using pre-defined
templates to load data files into the application tables in
Oracle Financials Cloud.
Oracle Financials Cloud can also be extended to work with
the business applications and professional services
offered on Oracle Cloud Marketplaces online store.
All of the applications and services delivered are created
by expert Oracle Partners and approved by Oracle.

Five years ago we were a $100M company. Now we are

$1b+ in revenue. Our 200 employees have grown to 2000.
We went from no mergers and acquisitions to three this
year. Were trying to go global, while staying focused on
scaling the business and setting the foundation for the
future. Our past environment had 10-15 fragmented systems with a lot of manual effort, a lot of different vendor
relationships, and a lot of integration points. I wanted
to move to an environment that could do everything we
needed today and scale with us into the future. I wanted to
provide management information and data on a much faster basis, versus cobbling together Excel reports with view
lookups. This was a key driver for us in picking Oracle ERP.

TIM REGAN
VP Finance Controller,
Pandora Media

Why Oracle

Why Oracle?

Complete
Most

complete, best of breed

financial functionality

Deep

global and industry capabilities

Fully

integrated with Oracle Human

Capital Management (HCM) and
Customer Relationship Management
(CRM) solutions

Vibrant

Cloud Marketplace that

includes system integrators and
independent software vendors
that interoperate with Oracle
Financials Cloud

Modern

Proven

Contemporary

user experience
focuses on simplifying your
business processes

Momentum

Immersive

Adoption

mobile experience that

allows you to access information
anytime and anywhere

Visualization
Embedded

and intuitive analytics

social collaboration to
involve the right people in the right
decisions at the right time

across numerous
industries, languages, geographies
and company sizes
by new customers,
upgraded customers and companies
coexisting in cloud and on-premise

Live

and referenceable customers

Copyright 2016 Oracle and/or its affiliates. Oracle is a registered trademark of Oracle and/or its affiliates. All rights reserved. Other names may be registered trademarks of their
respective owners. Oracle disclaims any warranties or representations as to the accuracy or completeness of this recording, demonstration, and/or written materials (the Materials).
The Materials are provided as is without any warranty of any kind, either express or implied, including without limitation warranties or merchantability, fitness for a particular purpose,
and non-infringement.

Get Started

Learn More
To learn more about how Oracle Financials Cloud can
help empower modern finance and help you simplify
your business process, optimize your decision making, enable collaboration, and control your costs, visit
Oracle Financials Cloud online or call 1-800-633-0738
to speak with an Oracle representative.

Get Documentation
Oracle Financial Cloud Documentation

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