About Oracle Fusion Financials Overview

Oracle's Fusion Financial Management is a complete and integrated Financial Management solution that sets the foundation for good governance and consistent growth while helping today's fast-growing and dynamic organizations make better decisions, increase efficiency, reduce costs, and continuously innovate. Only Oracle combines the best of the best capabilities across Oracle's financial solutions to deliver a comprehensive solution that arms finance professionals with the right information at the right time, increases productivity, and accelerates business performance.

Fusion Financials - The New Standard for Finance

Oracle Fusion Financials revolutionizes productivity and information access with native, real-time intelligence. Oracle Fusion Financials is a complete financial management solution. It includes a broad suite of capabilities including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, and Cash Management.

It also includes Expense and Collections Management that all sit on top of a 100% open, standards-based platform to help customers increase business agility and standardize business processes.

• Deliver real-time, accurate information to users at all levels
• Increase productivity with role-based dashboards that bring work, information, and relevant tasks directly to finance users' desktops
• Ensure all users work from the same source of information with a single data source
• Make better decisions when entering transactions with embedded transactional intelligence
• Increase shared services efficiency with a scalable, global platform
• Enforce regulatory compliance and corporate policies across business processes with automated workflows and approvals
• Manage enterprise risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance
• Plan and forecast with better precision and close your books faster with delivered integration with the market-leading planning and consolidation solutions
• Adopt Fusion Financials with your choice of deployment options, such as On-Premise, Private Cloud, Public Cloud, or a Hybrid Approach.

Fusion Financials Products
Oracle Fusion Financials includes the following applications:

• Fusion General Ledger
• Fusion Assets
• Fusion Advanced Collections
• Fusion Cash Management
• Fusion Expenses
• Fusion Financial Reporting Center
• Fusion Payables
• Fusion Payments
• Fusion Receivables
• Fusion Subledger Accounting
• Fusion Tax

Other related applications include:

• Fusion Accounting Hub
• Fusion Analytics
• Fusion Governance, Risk and Compliance
• Oracle Enterprise Performance Management

Fusion Financials Features

Fusion Accounting Hub – The Complete Accounting Integration and Financial Reporting Platform

Oracle Fusion Applications is designed to work alongside both Non-Oracle and Oracle Systems without forcing customers to perform a full-scale upgrade. A key component of this co-existence strategy is Oracle Fusion Accounting Hub (FAH). FAH is both an accounting Integration platform and a Reporting platform.

Accounting Integration Platform:

Fusion Accounting Hub's accounting integration platform allows customers to integrate and standardize accounting from non-Oracle transactional systems to create accounting entries in any general ledger (e.g., Fusion, E-Business Suite, PeopleSoft or other non-Oracle general ledger systems. The highly configurable and centralized rules engine transforms transaction information from third party systems to create accurate, detailed, and auditable accounting entries to meet statutory, corporate, regulatory, and management reporting needs.

Reporting Platform:

Fusion Accounting Hub's unique reporting platform allows E-Business Suite and PeopleSoft customers to adopt the next generation of financial applications in a step-by-step fashion with minimal costs and immediate improvements in information access and day-to-day decision making. The reporting platform that has an embedded multi-dimensional data model offers E-Business Suite and PeopleSoft customers exceptional reporting and analytics without disrupting their current financial processes, such as their procure-to-pay or credit-to-cash process.

Financial Reporting and Analytics

The unique reporting platform that is natively built on top of a multi-dimensional data model offers real-time access to financial results with robust analytics and drilldowns. Self-service access to live reports provides users with the right information when they need it.

Fusion Financial Reports Center:

Oracle Fusion Financial Reports Center delivers a unique multi-dimensional reporting and analysis platform that provides real-time access to financial information. Users can quickly report and analyze data from different perspectives from the same system that is used for operational accounting.

Oracle Transactional Business Intelligence (OTBI) for Financials:

Fusion Transactional Business Intelligence for Financials is a real time, self-service reporting solution for Oracle Fusion Financial transactions. With Oracle Business Intelligence Enterprise Edition (Oracle BI EE) as the standard Oracle query and reporting tool, business users are provided an easy-to-use interface to perform current state analysis in Fusion Financials. In ad-hoc reports, business users can also easily drill on predefined hierarchies, enable action links, compose a dashboard, schedule reports or export the data or reports – all in real-time

Oracle Financial Analytics:

Financial Reporting and Analytics provide accurate and reliable financial information to both internal and external stakeholders to help them make better decisions. Oracle took the best of the best capabilities across Oracle's product lines to deliver exceptional reporting and analysis that go way beyond typical finance systems.

Customer Options:

Customers have different options when considering a Financials implementation. Depending on the needs of the business, users can choose to continue with their current on-premise financials applications (like PeopleSoft/E-Business Suite), integrate select Fusion Financials modules with PeopleSoft/eBS financials, or implement Fusion Financials as a new implementation. Following the co-existence approach, users can enhance their PeopleSoft/eBS Financials with applications like Fusion Accounting Hub or Fusion Analytics and gain additional features and functionalities without disrupting their current business.