Oracle Financial Consolidation Hub brings together financial data from disparate sources to create a single, global view of financial information across the entire enterprise. By providing one consistent view of your enterprise's financial position across complex organizational boundaries, you can more confidently comply with financial reporting requirements, adapt to changing business conditions, and establish a basis for ongoing, enterprise-wide performance management. (See more key benefits).
Oracle Financial Consolidation Hub is a member of the Oracle Fusion Middleware family of products, which bring greater agility, better decision-making, and reduced cost and risk to diverse IT environments today.
Compliance-Driven Consolidation, Reporting, and Analysis
Oracle Financial Consolidation Hub is a key component of the Oracle Corporate Performance Management family of applications, and integrates with Oracle General Ledger and Enterprise Planning and Budgeting for a complete financial control and reporting solution.
Oracle Financial Consolidation Hub Lets You:
- Comply with Financial Reporting Requirements
Faster processing and deeper visibility into a single source of consolidated results will help you meet accelerated reporting deadlines and expanded disclosure requirements - with confidence.
- Quickly Adapt to Dynamic and Complex Business Conditions
An open architecture that rationalizes data from disparate systems into a single, actionable source of truth will allow you to adapt to changing business requirements - quickly and seamlessly.
- Provide a Basis for Enterprise-Wide Performance Management
A single, enterprise view of your company's financial position will provide a foundation for evaluating business strategies, and aligning strategies with operational plans.