Oracle Financials Automation Challenge

Does it take your company more than 6 days to close the business at the end of each accounting period?

Are you concerned about the integrity and accuracy of the information provided by the financial systems?

Is there a need for your accounting procedures to satisfy governance or compliance regulations such as Sarbanes-Oxley or Basel II?

Does staff need to manually enter depreciation values for fixed assets each month?

Is your month end processing delayed waiting for invoices to be matched?

Would your financial accounting procedures be challenged scaling to support extra business demand driven by a company acquisition or divisional re-organisation?

Are you required to produce accounts in more than one currency or for more than one organisational unit each month?

Do you rely upon customized Oracle Financials code to manage your month-end close processes?

Have there been occasions when you have needed to run your preliminary close process more than once?

Do you depend upon receiving information via external systems to close your books?

Are senior financial administrators ever required to manually correct errors in sub-ledgers?

Are there occasions when the delivery of up-to-date accounting reports to senior management is delayed?

Does satisfying financial statement generation requests consume a significant amount time?

Are accounting procedures ever delayed waiting on data supplied from external sources?

Have business decisions in your company ever been adversely affected by erroneous financial reports?