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

PBCS and EPBCS – 3 Key Differences

3 Key Differences between PBCS and EPBCS We often have our clients ask us about the differences between Oracle’s Planning and Budgeting Cloud Service (PBCS) and Enterprise Planning and Budgeting Cloud Service (EPBCS). In this blog post, we will explore 3 of the main differences. Pre-built Content The first difference is in pre-built content. When

Visit PARC Consulting at the 2019 Verint Engage Conference

Visit PARC Consulting at the 2019 Verint Engage Conference Keeping technology running smoothly requires constant, experienced attention and the availability of a skilled staff. Why struggle to meet the demand on your own? Embark on the Managed Services movement and save yourself and company the burden of finding, training, and retaining resources. Verint’s annual Engage

Managed Services – Part 3

Benefits of Managed Services Managed Services offers a great deal of benefits, with the most apparent being proactive discovery and resolution of problems before they can impact your business. Cost: Most managed service offerings are on a contractual, flat fee pricing system. This allows you to set a predictable budget at a lower cost than

Partners

Oracle Gold Partner Cloud Standard

How can we help you?