How fast, automated and reliable is your Oracle financial close process? Is dirty data contaminating your Oracle financials? Subsidiary closing often late or incomplete? Is consolidation too slow, or do your departmental managers frequently point out errors in reports caused by your Oracle financial implementation process?
It’s hard to escape these challenges. The financial period close process is a vital, non-negotiable business process, but completing that close process is tough. It usually involves a great many manual steps, owing to the multiple dependencies between processes.
It’s time for action.
The CA solution for Oracle E-Business Suite Close eliminates all manual input required by the Oracle financial period close process. By automating Oracle financial close functions that typically require manual input such as non-SRS processes and parameter entry, then creating dependencies between ledgers, CA Automic Workload Automation increases the efficiency of the financial period close process. The result is much shorter period-end closings.
Intelligent business automation from CA provides IT with the agility to automate financial close, it allows external data to be consumed for analytics and decision making within the close. Its unified interface allows the automation technology to be shared with the casual users of Finance IT systems. These shared endeavors remove days from the closing cycle every month.
This results in more time for analysis, faster feedback to the board and less risk of a poor audit statement. Moreover, accelerated financial close enhances your interim financial reporting and shifts your business from historical performance reporting to timely analysis that anticipates future trends.
CA also provides full documentation of process flows and procedures, assures compliance with government and corporate regulations and enables you to deliver close reports on time, every time.