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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 HubiFi?

We help you automate your financial data, providing you with valuable financial insights that empower your decisions. HubiFi’s fully automated accounting functions and continuous reconciliations, seamlessly integrated with your current tools, allow you to close an accounting period in just hours instead of weeks. Our solution is compatible with top accounting software, ERPs, and CRMs, guaranteeing a complete audit trail and lineage from summary reports to operational records, capturing every change along the way. You’ll never have to deal with the phrase "data needs to settle" again. With instant access to real-time insights into your company's financial status, finance leaders can seize growth and revenue opportunities instead of just playing catch-up. Additionally, you will maintain compliance with GAAP standards during the entire process. You can explore detailed data and answer questions on the spot, while also producing financial reports in real-time. Featuring intra-month monitoring and alert notifications, our platform connects with various financial and operational systems, as well as multiple data sources, providing a thorough financial management experience. This integration not only simplifies your accounting operations but also boosts overall business efficiency, enabling better decision-making and strategic planning for the future. As your financial processes become more streamlined, you can focus on driving your business forward with confidence.

Media

Media

Integrations Supported

ADP DataCloud
BigCommerce
Braintree
Chargebee
ClickHouse
Google Ads
Google Cloud BigQuery
Google Cloud Platform
Google Sheets
HubSpot CRM
Keka HR
Microsoft Excel
NetSuite
Ordway
SAP ERP
Sage Intacct
Snapchat Ads
Tableau
TikTok Ads
Workday Extend

Integrations Supported

ADP DataCloud
BigCommerce
Braintree
Chargebee
ClickHouse
Google Ads
Google Cloud BigQuery
Google Cloud Platform
Google Sheets
HubSpot CRM
Keka HR
Microsoft Excel
NetSuite
Ordway
SAP ERP
Sage Intacct
Snapchat Ads
Tableau
TikTok Ads
Workday Extend

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$1,900 per month
Free Trial Offered?
Free Version

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

HubiFi

Company Location

United States

Company Website

www.hubifi.com

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