WhatisOracleFinancials? Oracle Financials is a powerful and dynamic Financial Reporting Tool.

Oracle Financials has become the choice for blue-chips companies, multi-nationals and multisites organisations.This is an E-business Suite, fully integrated and heavy-duty application of more than 70 software modules tailored-made for: Financial management; Internet procurement; Business intelligence; Supply chain management; Manufacturing; Project systems; Human recourses; and Sales and service management.

These products and modules are available for mainframes, minicomputers, personal computers, network computers and personal digital assistants, enabling organizations to integrate different computers, different operating systems, different networks, and even different database management systems, into a single, unified computing and information resource. Oracle Financials was developed by the Oracle Corporation, the leading developers and marketer of integrated line of software products for information and database management, decision support and office automation. Oracle Corporation offers its database, tools and application products, along with other consulting, education and support services. Oracle Financials products provide organizations with solutions to a wide range of longand short-term accounting system issues. Regardless of the size of the business, Oracle Financials can meet accounting management demands with: Oracle Assets: Ensures that an organization's property and equipment investment is accurate and that the correct asset tax accounting strategies are chosen. Oracle General Ledger: Offers a complete solution to journal entry, budgeting, allocations, consolidation, and financial reporting needs. Oracle Inventory: Helps an organization make better inventory decisions by minimizing stock and maximizing cash flow. Oracle Order Entry: Provides organizations with a sophisticated order entry system for managing customer commitments. Oracle Payables: Lets an organization process more invoices with fewer staff members and tighter controls. Helps save money through maximum discounts, bank float, and prevention of duplicate payment. Oracle Personnel: Improves the management of employee- related issues by retaining and making available every form of personnel data. Oracle Purchasing: Improves buying power, helps negotiate bigger discounts, eliminates paper flow, increases financial controls, and increases productivity. Oracle Receivables:. Improves cash flow by letting an organization process more payments faster, without off-line research. Helps correctly account for cash, reduce outstanding receivables, and improve collection effectiveness. Oracle Revenue Accounting Gives an organization timely and accurate revenue and flexible commissions reporting. Oracle Sales Analysis: Allows for better forecasting, planning. and reporting of sales information.

WhatisthemostimportantmoduleinOracleFinancials? The General Ledger (GL) module is the basis for all other Oracle Financial modules. All other modules provide information to it. If you implement Oracle Financials, you

should switch your current GL system first.GL is relatively easy to implement. You should go live with it first to give your implementation team a chance to be familiar with Oracle Financials. Implementation of Oracle Financial This is a summary of the tasks that a typical implementation of an Oracle Financial suite involves:

1. Project Initiation - taking instruction from and approval from the client; 2. Definition of the project's scope and boundary - in terms of overall structure and
costs;

3. Feasibility Study - involving a business plan, organizations operations and

management chart flow;

4. Requirement Capture / Redefinition - review of draft implementation report and 5. 6. 7. 8. 9. 10. 11.
planning; Getting Requirement Specification signed off - Implementation report and processes approved; Analysis - Operational and management workflow-enable processes set-up guide and documentation; Design - Setting the flex fields, segment values, chart of accounts, accounting calendar, currency, etc; Build and Developed; Testing; Go live - competition Support and advice - post implementation.

Oracle Financial Analyzer Oracle Financial Analyzer is a complete application for financial reporting, analysis, budgeting, and planning. Integrating a central source of management data with powerful analytical tools, Financial Analyzer allows businesses to make, manage, and measure decisions across the enterprise. The system provides businesses with everything they need to control costs, analyze performance, evaluate opportunities, and formulate future direction. Oracle Financial Analyzer is part of the Oracle E-Business Suite, an integrated set of applications, which is designed to transform your business to an e-business. Distributed Budgeting and Forecasting

Financial Analyzer handles budget and forecast creation, review, modification, and communication within the same system. The product coordinates and streamlines the budgeting process, whether organizations use top-down, bottom-up, or mixed budgeting methodologies. Financial Analyzer can allocate budget objectives from high levels--such as quarter and division--to lower levels, such as month and department. Users can copy last year's actual into this year's budget and grow certain balances by specified percentages or amounts. Volumes can be entered to drive costs, or marketing expenses to forecast revenues. A number of data collection tools, including spreadsheets and Web browsers, enable controlled acquisition of budget data. Users can store slices of the corporate financial database on personal computers to take their budgets and forecasts on the road. At the close of the budget cycle, the finalized budget is consolidated to provide enterprise access, and is locked to prohibit additional modification.

Create detailed salary and expenditure budgets with built-in functions, like spread, copy, and grow. Comprehensive Reporting and Analysis

The power behind Financial Analyzer is the Express multidimensional data model, which stores data in the way that managers think about their business. Financial Analyzer leverages the Express Web Agent to provide instant, secure access to multidimensional data over corporate intranets and the World Wide Web. Key information may be viewed across any combination of dimensions--line items, time periods, products, geographical regions, and cost centers. Multidimensional data navigation tools allow users to isolate the source of a variance quickly. These tools make it easy to query the financial performance of a profit center by product, channel, and time period. Specialized tools, like Financial Analyzer's Selector, offer querying and exception-based analyses. With multidimensional analysis, users can control and analyze financial data, as well as design and save personal reports and graphs, without having to involve IS staff.

Perform data queries through the application interface or over corporate intranets using the powerful Selector tool. Extensive Financial Modeling Financial Analyzer supports a wide variety of financial management tasks with its modeling tools. Results of what-if analyses display immediately. An extensive library of built-in functions helps users create forecasts and calculate performance ratios. Users can incorporate general ledger and non-general ledger data into analyses to derive, and then share, new financial data. Models are characterized by controlled independence, which allows users to establish different detailed equations for particular organizations and scenarios, while consistent calculations are kept for universal or consolidated items. Seamless Spreadsheet Links

Financial Analyzer leverages users' knowledge of spreadsheet applications. The system links directly with industry-standard spreadsheets so that users can submit, view and report Financial Analyzer data from those spreadsheets. This link also provides spreadsheets with access to the powerful data query tools of the

Selector. Access the centralized data and application power of Financial Analyzer through desktop tools, like Microsoft Excel. Flexible Data Loading With its extensive loading capabilities, Financial Analyzer can easily accept and validate data from general ledgers, spreadsheets, relational databases, and other operational systems. Decision-making with ERP Integration

Financial Analyzer seamlessly integrates with Oracle General Ledger. This integration eliminates the need for duplicate data entry and structural maintenance, and thereby provides a more cost-effective financial management solution. General Ledger information easily maps to Financial Analyzer where it is reported, analyzed, combined with other non-general ledger data, and used as the basis for budgets, forecasts, and plans. General Ledger account balances are reflected in Financial Analyzer. With a permanent link between the two applications, modifications to hierarchies and other structures performed in the General Ledger flow through to Financial Analyzer without additional maintenance. Data and structures can be automatically refreshed on a regular basis so that data control and integrity are preserved. Budgets created in Financial Analyzer can be written back to Oracle General Ledger and stored for comparative general ledger reporting. Analysis is made clearer with drill-through to the Oracle General Ledger, allowing Financial Analyzer users to see detail behind analysis.Controlled Data Access Ensuring consistent and reliable financial information is key to Financial Analyzer. The product maintains the integrity of financial data in a central source and ensures that users are able to access the data they need, both locally and at remote sites via the client or a Web browser. Access controls allow the administrator to determine, by user, which financial data can be viewed and edited. Users see and manage only the information that is pertinent to their responsibilities and interests. Senior

executives might receive summarized data tailored to their needs, while departmental managers might receive both detail and summary data.

Display an income statement and drill into the details of report data without having to know the data's location. Adaptable Business Model

Businesses do not have to change their perspectives and processes to conform to Financial Analyzer; the product can reflect any existing business. Financial Analyzer adapts to any organization's business structures, such as cost centers, products, services, and retail outlets. Additionally, the product's models and data can be modified quickly to reflect new or potential business scenarios as well as organizational changes. Scalable to meet the data capacity requirements of your growing business, Financial Analyzer reduces the amount of time required for data management, affording users more time to focus on qualitative analysis. Flexible Network Architecture Today's financial management systems are most effective when they can be utilized by more than just the members of the Finance department. Organizations need to provide financial information to, and collect data from, a variety of users across networks and around the globe. Internet-enabled, Financial Analyzer delivers financial data and robust data analysis and collection tools throughout the organization. The variety of clients provided, accessible from users' desktops, can be Financial Analyzer specific, spreadsheet-based, or Web-based, offering flexibility to suit any organization's needs. The various system configuration options allows administrators to tailor the Financial Analyzer's unique, distributed architecture to the needs and location of financial managers. Flexible access and scalable architecture provide a networked application with the processing power, speed, and control required to handle the data volumes and complexity of current and future financial management challenges.