Financial Close & Consolidation

Elements of Financial Close & Consolidation

With fierce competition in today’s dynamic marketplace, there is no leeway for mistakes, inefficiency or lack of compliance in your organization. With these factors in mind, accuracy and reliability are the most important hallmarks of a consolidation solution.

Creating repeatable processes is fundamental to improving reliability and driving accuracy. At PARC, we purpose-build our close and consolidation solutions to meet your company’s specific needs. These successful implementations improve budget cycle times, increase regulatory compliance, reduce business risk and external audit costs.

Consolidation

Optimize required time for accounting’s financial close calendar by automating process and related activities

Account Reconciliation

Efficiently manage and improve global account reconciliation by exploiting automation and comprehensively addressing security and risk typically associated with the process

Tax Provisioning

Enhance efficiency by combining information from corporate ERP and financial consolidation systems to address US GAAP, IFRS, and statutory tax reporting requirements

Reporting

Increase transparency in your financial close process by simplifying your management and regulatory reporting process

Insights

Oracle EPM Cloud Update – May’21 (21.05)

May 5, 2021 Posted by: PARC Oracle EPM Team Categories: Cloud Computing, Oracle No Comments Posted by: PARC’s Oracle EPM Team Each month PARC analyzes Oracle’s EPM Cloud updates with an eye toward our customers’ ability to take full advantage of them. The monthly updates include things like bug fixes, modest changes, and even powerful

Hybrid Remote Work Model v2 with CompleteCloud

April 28, 2021 Posted by: Rich Pepe Categories: Cloud Computing, Innovation No Comments Hybrid Remote Work Model v2 with CompleteCloud   The only constant is change… not long ago, employers were resistant to employees working from home and now their business depends on it. If we learned one thing in 2020, it is that business

Leveraging the Oracle Integration Agent

April 14, 2021 Posted by: PARC Oracle EPM Team Categories: Cloud Computing, Oracle No Comments Posted by: PARC’s Oracle EPM Team Ever since Oracle’s EPM (formerly Hyperion) products have existed, an important consideration has been integrating data and metadata from (and back to) these external data sources. For many years organizations either used Oracle-based data

Partners

Oracle Gold Partner Cloud Standard

How can we help you?