Oracle Financial Consolidation and Close Cloud Service (FCCS) is a complete end-to end solution for businesses
managing the complex financial consolidation and close process. FCCS allows you to integrate a consolidation
solution for any size organization with the ability to customize for a modern financial close. FCCS solutions are
streamlined, efficient, reliable, transparent, and auditable. They make it easy to send organization performance
reports to the CFO, who can perform continuous improvements. FCCS provides reporting and data management
like its predecessor Hyperion Financial Management (HFM), now with the ease and simplicity of the Cloud and zero
capital expenditure on infrastructure.
Key Features of FCCS
FCCS enables fast-growing and strategically focused companies to implement a world-class Financial Consolidation
and Close Solution:
Inter-Company Eliminations
Journals with workflow
Currency Translation
Built in foreign Exchange/Currency Translation
Built in Translation Adjustment Calculations
Automated Cash Flow Reporting
Detailed Data Source Tracking
Multi-GAAP Reporting
Adjustment Calculations
Hybrid Cloud Deployments
Application Creation Wizard Upgradeable Framework
Close Process Management
Supplemental Details
Office Integration
Cloud-based Deployment Model with Subscription Pricing
Business Benefits of FCCS
A Configurable and Upgradable Consolidation and Close Framework to Tailor the Solution to Specific
Requirements
Fully Customizable and owned by Lines of Business
Migrate from disconnected planning tools and spreadsheets
Seamless monthly patching
End-To-End Consolidation and Close Solution Which Provides Transparency to the Process, Accurate
Results and Better Visibility into the Entire Close, Consolidation, Data Collection, and Reporting Activities
Best Practices Out-of-the-Box to get up and running quickly
Brings Transparency to Financial Reporting Easier Audit Process
Minimize Financial Risk
Powerful Analytics, Dashboards, Reports, and Analysis for Unparalleled Insight
Easy to Use, Maintain and Scale Quick Deployments and Reduced Upfront Deployment Costs
No Infrastructure Investments Required
Addresses Management and Legal Entity Consolidation Needs for a Broad Spectrum of Customers
Key Benefits of Driving Applications from on-Premises to Cloud
EPM in the Cloud
Oracle’s Financial Consolidation and Cloud Service (FCCS) provides top-graded solutions to successfully
emerge and compete with decision-making insights. It provides insight of an organizations’ health and offers
solutions to financial risks. With zero infrastructure costs and flexible deployment options, FCCS saves you
time and money.
Jade Global EPM Offering
Jade Global offers a secure, tuned, and customized EPM platform for your EPM applications that drive
you into the Cloud with accelerators. Our offerings include expert support, application development and
infrastructure management.
Minimum Costs to Move from an Existing Single Financial Consolidation and Close Application from
an On-Premises or Hosted Solution to an Oracle FCCS Environment
Provides Development and Production Environments in a FCCS Pod
Provides Custom Web Forms and Financial Reports
Security Model for Users
Customizing Data Loading Rules
Integration of Data from Various Sources in the Planning Database in the Cloud
Trainings on Metadata Maintenance, how to use the Simplified Interface, My Services Security
Management, Application Management and Backups, and overall best FCCS practices
Administrator training encompassing the application management of security, metadata, reporting,
troubleshooting, and storage
Cloud Benefits
Improved Workflow and Financial Team Collaboration
Flexibility to Make Changes to Business Rules and Templates
FCCS Out-of-the-Box Framework; less Custom Modification
FCCS Provides Built-in Forms, Reports and Dashboards
No Upfront Cost for Hardware or Software
Less IT Involvement
No Annual Maintenance Costs
Access Application from Anywhere through Tablets and Phones
Patches/Upgrades, Regular Backups at
No Additional Cost No Additional Tools
24X7 Oracle Service Support at No Cost
