Oracle Cloud EPM Account Reconciliation

Intelligent Transaction Matching

Automate High-Volume Reconciliations

Handle large-scale, labor-intensive reconciliations with ease using a powerful auto-match engine capable of processing millions of transactions in minutes. Seamlessly integrated with period-end reconciliations, it ensures timely compliance and provides clear audit trails.

Validate Suggested Matches

Accelerate your workflow with intelligent match suggestions that you can review, confirm, or reject—streamlining the reconciliation process.

Use Flexible Matching Rules

Enhance performance with customizable matching rules for one-to-one, many-to-one, or many-to-many transaction relationships.

Handle Complex Reconciliations with Ease

Support even the most intricate reconciliations with unlimited data sources and attributes per source, tailored to your organization’s needs.

Automate Journal Creation

Automatically generate journal entries to address discrepancies uncovered during the matching process, saving time and reducing manual effort.

Streamlined Reconciliation Compliance

Flexible Reconciliation Formats

Adapt to your organization’s specific reconciliation strategy using best-practice pre-built formats or create custom templates to match your unique requirements.

Efficient Process Management

Monitor the entire reconciliation workflow with built-in tracking and notifications. Easily view reconciliation status, approvals, and deadlines to stay in control from close through disclosure.

Custom Rules and Profiles

Create tailored account profiles with risk ratings, workflows, currencies, and auto-reconciliation rules—no coding required, just simple point-and-click configuration.

Automate Routine Certifications

Save time by automating repetitive reconciliations such as zero-balance accounts, low-activity ledgers, or sub-ledger matches, without sacrificing accuracy.

Simplify Intercompany Reconciliations

Eliminate manual efforts with automation that ensures timely and accurate intercompany reconciliation.

Optimize the Close Process

Gain insight into reconciliation performance with dashboards that track deadlines, variances, and compliance against internal policies.

Focus on Outliers

Leverage automated variance reporting to quickly identify and address reconciliations that require attention, minimizing delays.

Strengthen Audit Readiness

Ensure transparency and accountability with a secure document repository and audit logs, offering full traceability and compliance support.

A Seamlessly Connected Financial Close

Modernize Your Financial Close with Oracle Cloud EPM

Account Reconciliation is not a standalone tool—it’s fully integrated with Oracle Cloud EPM, including financial consolidation, close, and narrative reporting, delivering a complete, end-to-end financial close solution.

Effortless Data Integration

Easily connect to Oracle Cloud ERP, E-Business Suite, SAP ERP, and other systems. Pull data and metadata from multiple sources—including spreadsheets—maximizing the value of your current IT investments.

Simplify Journal Management

Streamline journal creation, review, and posting with Oracle Cloud EPM’s enterprise journal capabilities. Automatically post reconciliation adjustments to your cloud or on-prem ERP and track journal status from a centralized dashboard.