Oracle Cloud EPM Financial Consolidation and Close

Accelerate Success with Pre-Built Best Practices

Get Started Quickly

Launch faster with built-in best practices and dynamic, ready-to-use calculations.

Minimize Customization Effort

Eliminate the need for extensive customization—automated calculations cover key areas like cash flow, balance sheet, income statement, and actionable insights.

Simplify Global Compliance

Easily comply with international standards such as IFRS and GAAP using a preconfigured consolidation model designed to streamline global reporting.

Advanced Global Consolidation and Close

Streamline Complex Consolidations

Enhance accuracy and accelerate the close process with built-in tools for reclassification, adjustments, and eliminations across any hierarchy. Easily manage even the most intricate legal and management rollups with unique reporting and calculation needs.

Monitor Key Metrics

Track and manage close performance with automated KPI monitoring. Use built-in metrics or create custom ones tailored to your business requirements.

Automate Intercompany Eliminations

Reduce manual effort with standard automated intercompany eliminations, with flexibility to customize as needed.

Handle Currency Translations with Precision

Improve consolidation accuracy using built-in or tailored currency translation capabilities.

Support Global Consolidation Requirements

Consolidate across your global enterprise using GAAP-compliant applications that offer full support for currencies, eliminations, equity adjustments, data tracking, and more.

Intelligent Performance Management (IPM)

Automate Consolidation with AI

Boost efficiency by leveraging AI and machine learning to handle consolidations automatically—eliminating repetitive manual tasks.

Enable a Seamless, Continuous Close

Simplify the entire close process through automated monitoring, integrated workflows, and centralized journal management that posts directly to any general ledger.

Generate Smart Report Narratives

Save time and enhance reporting with generative AI that automatically produces insightful narrative commentary.

Compliance and Transparency

Ensure Audit Readiness

Maintain full transparency and support audit compliance with enforced segregation of duties, traceable data changes, visible calculations, and complete user activity logs—so you always know what was changed, when, and by whom.

Add Context with Supplemental Data

Enhance financial statement clarity by collecting supporting details. Use customizable templates for validations, signoffs, and drill-backs to source data—enabling footnotes, statement analysis, and detailed tracking.