Gain control over your financials by unifying financial data from multiple accounting systems and simplifying processes. Oracle Fusion Accounting Hub is a cloud application that unifies data from different financial systems, giving your finance teams a complete view of financial data to increase forecasting accuracy, shorten reporting cycles, and simplify decision-making.
Vendor
Oracle
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Accounting Hub features
Unify your accounting data
Create one enterprise-wide accounting platform Create consistent, standardized accounting for disparate ERP systems using an enterprise-wide chart of accounts. Keep existing investments in place Standardize your accounting into a central system without having to rip and replace existing third-party systems and disrupt current business processes.
Make financial decisions with confidence
Establish a trusted source for your financial information Create a single source of financial truth that your corporate accounting and FP&A teams can rely on. Uncover insights with analysis and reporting Provide deep insight into operational results by analyzing financial information from many sources, including ledgers, subledgers, and supporting references. Leverage a powerful accounting engine Handle high transaction volumes with a powerful and centralized accounting engine that delivers unmatched processing speed.
Simplify compliance and auditability
Simplify governance Comply with GAAP and industry accounting requirements by using flexible configurations and a single source of accounting truth for all external systems. Adapt to evolving accounting standards Quickly adapt to new and evolving accounting standards with a centrally managed set of accounting rules. Create auditable accounting entries Create complete and accurate journal entries by simplifying and automating otherwise lengthy and manual reconciliation.
Accounting Hub benefits
Make smart financial decisions with a comprehensive business view
Get an accurate, near-real-time view across your business without having to spend hours collecting data from disparate accounting systems.
Simplify governance and compliance
Meet compliance requirements more easily by having a financial system that helps you to adhere to controls and mandates as transactions happen.
Move forward with cloud ERP without disrupting your business
Easily connect existing financial systems so you can begin transitioning to the cloud without disrupting existing financial platforms.