Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Sage Intacct Reviews & Ratings
    8,776 Ratings
    Company Website
  • Xero Reviews & Ratings
    5,952 Ratings
    Company Website
  • SAP S/4HANA Cloud Public Edition Reviews & Ratings
    4,559 Ratings
    Company Website
  • RunMyJobs by Redwood Reviews & Ratings
    424 Ratings
    Company Website
  • NaviPlan Reviews & Ratings
    Company Website
  • KonstructIQ Reviews & Ratings
    7 Ratings
    Company Website
  • Dynamo Software Reviews & Ratings
    71 Ratings
    Company Website
  • wp2print Reviews & Ratings
    7,598 Ratings
    Company Website
  • Docmosis Reviews & Ratings
    51 Ratings
    Company Website
  • Nasdaq Metrio Reviews & Ratings
    14 Ratings
    Company Website

What is Oracle Financial Consolidation and Close?

Quickly set up your operations with integrated features that exemplify best practices, including real-time calculations. Reduce the need for extensive adjustments, as key financial reports like cash flow, balance sheet, and income statement are generated automatically, along with actionable insights and rollovers. Simplify the adherence to international reporting standards, such as International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP), by leveraging a pre-built consolidation model. Improve the accuracy and efficiency of your closing process by reclassifying, adjusting, and eliminating data across various hierarchies, made possible by integrated consolidation functions. Manage the intricacies of legal and management rollups that may have unique calculation and reporting requirements with ease. Gain control over the closing process by continuously monitoring crucial metrics throughout your organization. You can either employ existing calculations or easily create customized solutions that cater to your business's specific needs, ensuring all facets of your financial reporting are managed efficiently. This allows you to concentrate on strategic decision-making while ensuring compliance with required standards. Ultimately, this streamlined approach enhances overall operational effectiveness and empowers you to respond swiftly to evolving business needs.

What is Greatwill?

Greatwill is a software solution from Finland designed to facilitate the development of consolidated financial statements that adhere to the Finnish Accounting Act (FAS, Finnish GAAP). By structuring the consolidation process into distinct group events, each linked to a specific form, it enables the automatic generation of necessary elimination entries, reconciliations, and the overall consolidation worksheet from the data inputted into these forms. Every group event features its own specialized form that addresses various scenarios, including the establishment and acquisition of subsidiaries, managing intra-group transactions, handling receivables and payables, accounting for unrealized profits in inventory and fixed assets, and managing intra-group dividends, along with the translation differences for foreign subsidiaries. The software also oversees minority interests, facilitates the transfer of depreciation variations and tax reserves to equity, accounts for deferred tax implications, and employs equity-method accounting for associated entities, as well as transactions related to the sale or merger of subsidiaries. Each form is intentionally designed to collect only essential information, while simultaneously automating the management of factors such as exchange rates, tax consequences, and minority interests, thereby promoting efficiency. This all-encompassing strategy not only streamlines the process but also minimizes the potential for errors in financial reporting, ultimately leading to more reliable financial statements. With its user-friendly interface, Greatwill further enhances usability for financial professionals.

Media

Media

No images available

Integrations Supported

Artificio

Integrations Supported

Artificio

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

$3,500/year
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Oracle

Company Location

United States

Company Website

www.oracle.com/performance-management/financial-consolidation-close/

Company Facts

Organization Name

Greatwill Oy

Date Founded

2024

Company Location

Finland

Company Website

greatwill.fi

Categories and Features

Categories and Features

Popular Alternatives

FinAlyzer Reviews & Ratings

FinAlyzer

Beyond Square Solutions

Popular Alternatives

Talentia CPM Reviews & Ratings

Talentia CPM

Talentia Software
Talentia CPM Reviews & Ratings

Talentia CPM

Talentia Software
Longview Close Reviews & Ratings

Longview Close

insightsoftware