An Out-of-the-Box Consolidation and Close Process

Posted by Steve Berry

Jul 12, 2018 10:42:00 AM

Compared to Excel-based manual processes, Oracle Financial Consolidation and Close Cloud Service (Oracle FCCS) dramatically reduces the time and effort needed to do a financial close. 

At Strafford we like to think of the Oracle Financial Consolidation and Close Cloud Service (FCCS) as an out-of-the-box consolidation and close process. That’s because, unlike

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Topics: Consolidation and Close, Oracle FCCS, Finance Operations

Oracle FCCS Q2 2018 Updates – See What’s New

Posted by Pam Gazley

Jun 28, 2018 11:39:16 AM

We are committed to keeping our Oracle clients updated on Oracle Cloud product features and enhancements. In case you missed it, here's a recap of the Q2 2018 Oracle FCCS Updates.

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Topics: Consolidation and Close, Financial Reporting, Oracle FCCS, Oracle Products

Your Financial Close Impacts Enterprise Performance

Posted by Steve Berry

Jun 25, 2018 12:15:00 PM

It’s not just the financial numbers that show how well you perform as an organization — but also how well and how fast you can obtain those numbers and how the financial close impacts EPM processes.

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Topics: Consolidation and Close, Cloud EPM, Oracle FCCS, Finance Best Practices, Enterprise Performance Management (EPM)

Oracle FCCS – What’s New: Quarterly Recap

Posted by Pam Gazley

Mar 27, 2018 11:57:33 AM

We are committed to keeping our Oracle clients updated on Oracle Cloud product features and enhancements. In case you missed it, here's a recap of the Q1 2018 Oracle FCCS product announcements.

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Topics: Consolidation and Close, Financial Reporting, Oracle FCCS, Oracle Products

Standardization of Your Chart of Accounts Using Oracle FCCS or HFM

Posted by Hyperion Consultant

Nov 17, 2017 12:40:23 PM

You’ve acquired a new company and they have their own GL system. How do you bring in your newly acquired company and have them map to your ERP chart of accounts while maintaining flexibility and ease of maintenance? And, more importantly, how can you encourage standardization of your chart of accounts across the organization?

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Topics: Hyperion Financial Management (HFM), Oracle FCCS, Finance Best Practices, Oracle Products

What is Managed Application Hosting?

Posted by Deborah Jelley

Oct 25, 2017 9:48:39 AM

What is Managed Application Hosting (MAH) and why would you want to consider using MAH for your Oracle Hyperion products?

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Topics: Cloud Hosting, Oracle PBCS, Oracle FCCS, Managed Services, Managed Application Services (MAH)

Oracle FCCS: Where did my Income Statement hierarchy go?

Posted by Deborah Jelley

Jun 14, 2017 11:29:37 AM

 

Who wants “Best Practice Consolidation Out of the Box”? You do (along with a large bowl of sea salt caramel ice cream; but I digress). Am I right? Wouldn’t it be just peachy to have best practice for the consolidation cycle preconfigured for you? Yes, yes it would. It’s a good thing. Don’t get all snarky about “Best practice is just another hackneyed marketing term.” Give this post a serious eyeball before you swipe left, or click away; then if you must go out for ice cream, I won’t stop you.   

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Topics: Consolidation and Close, Financial Reporting, Hyperion Financial Management (HFM), Oracle FCCS, Oracle Products

Consolidating and Closing in the Cloud – Is it right for you?

Posted by Michele Morrill

May 24, 2016 12:31:41 PM

If you’re not bogged down by the month-end close, by now you must have heard the buzz about Oracle EPM Cloud. Oracle has been hyping their cloud products for quite some time now, the first EPM related cloud product, Oracle PBCS (Planning & Budgeting Cloud Service), was introduced in 2014. Now in 2016, other Oracle Cloud EPM products are starting to pick

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Topics: Consolidation and Close, Financial Reporting, Cloud Hosting, Hyperion Financial Management (HFM), Oracle FCCS, Oracle Products