Oracle EPM Cloud
– Account Reconciliation
• Manage account reconciliation processes at any level required by the business.
• Track the preparer and approver assignments for each reconciliation.
• Design workflows to distribute the account reconciliation process among teams.
• Use pre-defined or custom reconciliation formats.
• Flexible environment.
• Rule-based thresholds for automated certification and risk assessments.
• Check the progress and status of the process by using signoffs and approvals.
• Automated performance of high volume reconciliation.
• Save time, improve quality and reduce risk of reconciliation.
• Flexible rules for matching with custom thresholds.
• Suggested and custom matching.
• Manage variance and resolution of adjustments.
• Period-end balancing reports accomplishing compliance requirements.
Conform Changes Across Different Business Perspectives
• Ability to validate a request or the entire viewpoint in real time.
• Comparison and rationalization of different perspectives to analyse differences.
• Visual and rich user interface.
Consume Changes Among Downstream Business Applications
• Integration with connected applications with the ability to export dimensions and mappings.
• Ability to export files and download viewpoints.
• Collaborate and share, maintain files offline.
• Automated integrations via REST API.
• Available history for audit purposes.