Financial Consolidation and Close Cloud Service (FCCS)
is among the latest of Oracle Enterprise Performance Management (EPM) Cloud offerings.
Oracle's Hyperion Financial Management has been one of the top tools in the market for Financial Consolidation and Reporting processes because
of its expansive functionality, including its ability to quickly close and report financial data and its ability to easily integrate with all
Hyperion tools. However, Oracle has begun transposing its Hyperion tools and applications to the cloud; with that has come the introduction of
Financial Consolidation and Close Cloud.
Oracle Financial Consolidation and Close Cloud is a cloud subscription-based solution for the consolidation and close process tasks.
It comes out-of-the-box with built-in functionality to accomplish the necessary consolidation and reporting tasks while boasting a
user-friendly interface and without requiring hardware or substantial IT support.
In addition, FCCS has the capability to facilitate various data management tasks.
FCCS has a couple of the inherent features beneficial to administrators, such as its upgradeable framework and its ease of use & set up.
Within the application is built-in functionality that is then easily customized to fit the consolidation and close needs of the customer,
thus making the deployment of this solution within a company's framework quick and easy.
Wh's more, the original content within FCCS is designed from best practices and is continually being enhanced.
These enhancements come in the form of upgradeable new releases from Oracle, thus making this solution an ever evolving one as it continues
to positively grow and develop during the lifetime of its employment. Additional features of FCCS that make it a top choice consolidation and
close solution include, but aren't limited to, its various out-of-the-box reporting proficiencies, its currency translation functionality,
its intercompany eliminations capabilities, and its journals.
With particular depth of expertise in Financial Consolidations, Reporting, and Financial Close,
MindStream Analytics brings our clients the best practices in financial management to your cloud applications.
When it comes to a new venture into the cloud, or transitioning from an on-premise solution to the cloud, you can count on MindStream Analytics
as your implementation partner.
Financial Consolidation and Close Cloud (FCCS) seeks to offer an out-of-the-box consolidations solution, with pre-configured consolidation model to
quickly and easily comport with global reporting requirements, like IFS and GAAP.
Dramatically reduce the time and cost to complete a close with Financial Consolidation and Close Cloud, which comes with pre-built cash flow, balance sheet, and
income statement for reporting with confidence. The complete end-to-end solution provides visibility into the entire close, consolidation, data collection, and reporting
As part of Oracle cloud EPM, data integration is integrated, with built-in connectivity to core source systems for consolidation and close needs.
Connect to virtually any source ERP applications and EPM applications such as Planning and Budgeting, and Enterprise Performance Reporting.
Finally, as part of the Oracle EPM Cloud, getting started is a breeze. The cloud-driven application means a quick start. Because Oracle Financial Consolidation and Close Cloud eliminates the need for on-premise hardware, operating systems, databases, and other technology, new applications can be deployed in weeks (versus months for on-premises applications)!
Contact us today to let us know that you're interested in learning more about Financial Consolidation and Close Cloud!
Out-of-the-box solution, incorporating best practices in consolidations
End-to-end visibility into the entire process, including approvals
Enhanced user experience
Financial Consolidation and Close Cloud (FCCS) includes the following:
Are you ready to talk to us about how Oracle Enterprise Performance Reporting Cloud Service (EPRCS) can transform your reporting process? Are you ready to move from on-premise to a cloud solution? Take the first steps: fill out the form below to start the discussion about how Enterprise Performance Reporting Cloud Service can fit your organization's needs.
The Mindstream Advantage
But MindStream goes beyond world-class planning. Leveraging MindStream's Enterprise Performance Management (EPM) expertise, MindStream developed Planning Xtream,
our Planning and Budgeting Cloud Service (PBCS) offering. We combined the benefits of PBCS with our award-winning, unlimited 24/7 dedicated support MindStream AppCare.
For one low monthly fee, your Planning and Budgeting needs and application managed services are taken care of! With PBCS, the benefits of world-class planning becomes
accessible across the enterprise. With Planning Xtream, MindStream maximizes your investments!
Want to know more about MindStream Analytics. Fill the form below.
The MindStream team offers the best of application expertise and data security and system redundancy. It's the ideal solution for our needs.
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Savant is a voice-enabled querying tool built to extract financial information from OLAP databases. It is pillared on speed, flexibility and ease of use, using natural language as its primary method for extraction.
MindStream Analytics is a leading consulting firm focused on helping clients improve business understanding and decision making. With years of experience in the analytics and Business Performance Management area, MindStream offers services ranging from software selection and implementation to best practices for financial planning.
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