Oracle Financial Consolidation and Close Expert
Based on our demonstrated expertise, we are ideally positioned to guide your Oracle FCC implementation.
Our experience includes a successful deployment for a large US insurance company, where we implemented FCC for both US GAAP and STAT reporting.
We expertly handled complex consolidation rules, intercompany eliminations, and the integration of data from multiple source systems. Our proficiency ensures a robust and efficient FCC implementation tailored to your specific consolidation and reporting requirements.
What we are providing
For our Oracle FCCS customers, we provide unparalleled expertise stemming from over two decades of deep understanding in both IFRS and US GAAP accounting standards. This ensures your consolidation and reporting processes are not only compliant but also reflect best practices. Our proficiency extends to operational transfer pricing, allowing us to architect FCCS solutions that seamlessly integrate your transfer pricing policies.
Beyond technical expertise, we bring the invaluable insights of seasoned financial leadership, including experience as a CFO and Regional Controller for the EMEA region, as well as a Global Operational Transfer Pricing executive. This real-world experience enables us to understand the strategic and operational nuances of your business, ensuring your FCCS implementation addresses your specific challenges and objectives from a practical, executive perspective. Our holistic approach delivers a robust and efficient consolidation and reporting solution, informed by both deep accounting knowledge and significant financial leadership experience.
Oracle FCC Implementation Expert
US GAAP and IFRS Expertise
SOX Compliance and Process Orchestration
Enterprise Journals
How do we work
We partner closely with our FCCS customers, employing a collaborative and results-oriented approach tailored to their unique consolidation and reporting needs. Our methodology involves:
- Comprehensive Discovery: We initiate the engagement with an in-depth assessment of your current consolidation processes, reporting requirements (under both IFRS and US GAAP), organizational structure, and the complexities of your intercompany relationships. We also delve into your transfer pricing policies to ensure seamless integration.
- Strategic Design: Leveraging our extensive experience, including insights from seasoned CFO and Regional Controller roles, as well as global operational transfer pricing leadership, we architect a customized FCCS solution. This design takes into account your specific consolidation rules, intercompany elimination logic, multi-currency requirements, and reporting objectives.
- Seamless Integration: We expertly integrate FCCS with your various source systems, ensuring accurate and efficient data flow. Our experience handling complex data integrations minimizes disruption and maximizes data integrity.
- Tailored Configuration: We meticulously configure FCCS to align with your specific consolidation and reporting needs, including the setup of consolidation rules, intercompany eliminations, currency translations, and the creation of custom calculations. Our deep understanding of both IFRS and US GAAP ensures compliance and best practices are embedded in the configuration.
- Knowledge Transfer and Training: We provide comprehensive training to empower your finance team to effectively use and maintain the FCCS environment. Our training is tailored to different user roles, ensuring everyone has the necessary skills.
- Ongoing Support and Optimization: Our partnership extends beyond the initial implementation. We offer ongoing support to address any questions or issues and provide recommendations for continuous optimization of your FCCS environment as your business evolves.
Essentially, we act as an extension of your finance team, bringing our deep technical expertise and practical financial leadership experience to ensure a successful FCCS implementation that streamlines your consolidation and reporting processes, enhances accuracy, and provides valuable insights for decision-making.
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