Introduction To Oracle Financials

An overview of what is Oracle Financials:

Oracle Financials products provide organizations with solutions to a wide range of long and short-term accounting system issues. Regardless of the size of the business, Oracle Financials can meet accounting management demands with: 

Oracle Assets: 

Ensures that an organization's property and equipment investment is accurate and that the correct asset tax accounting strategies are chosen. 

Oracle General Ledger: 

Offers a complete solution to journal entry, budgeting, allocations, consolidation, and financial reporting needs. 

Oracle Inventory: 

Helps an organization make better inventory decisions by minimizing stock and maximizing cash flow. 

Oracle Order Entry: 

Provides organizations with a sophisticated order entry system for managing customer commitments. 

Oracle Payables: 

Lets an organization process more invoices with fewer staff members and tighter controls. Helps save money through maximum discounts, bank float, and prevention of duplicate payments. 

Oracle Cash Management: 

Lets you perform bank reconciliation and cash forecasting. 

Oracle Personnel: 

Improves the management of employee- related issues by retaining and making available every form of personnel data. 

Oracle Purchasing: 

Improves buying power, helps negotiate bigger discounts, eliminates paper flow, increases financial controls, and increases productivity. 

Oracle Receivables:

Improves cash flow by letting an organization process more payments faster, without off-line research. Helps correctly account for cash, reduce outstanding receivables, and improve collection effectiveness. 

Oracle Revenue Accounting:

Gives an organization timely and accurate revenue and flexible commissions reporting. 

Oracle Sales Analysis: 

Allows for better forecasting, planning. and reporting of sales information. 

Oracle Database

See Also
Currency Translation GL R12

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