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What is eprentise?

Eprentise's consolidation software empowers organizations to merge several instances of Oracle® E-Business Suite (EBS) into a single, cohesive database that includes all relevant data and historical records from the original systems. The company received a patent for its unique consolidation approach in 2012, designated as US 8,103,704. By utilizing its extensive expertise in Oracle® EBS, eprentise presents an effective and cost-efficient solution for integrating different instances, which is especially advantageous during mergers, acquisitions, or shifts to a centralized data framework. This software automates the consolidation process, generating all necessary code to ensure data uniformity, rectify discrepancies, align setup parameters, and integrate business functions across various EBS versions. As a result, it produces a unified database that consolidates all source EBS instances while aligning them with the organization's current strategic goals. This streamlined integration not only boosts operational efficiency but also offers a more comprehensive view of business performance, ultimately aiding in informed decision-making and strategic planning. Organizations can therefore rely on this solution to navigate complex data environments with greater ease and effectiveness.

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.

Media

Media

Integrations Supported

Oracle E-Business Suite

Integrations Supported

Oracle E-Business Suite

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
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

eprentise

Date Founded

2006

Company Location

United States

Company Website

www.eprentise.com

Company Facts

Organization Name

Oracle

Company Location

United States

Company Website

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

Categories and Features

Financial Reporting

"What If" Scenarios
Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

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