Reporting Options at a Glance in Oracle

Fusion Financials
 Published on July 24, 2015

Surinder Singh
Manager-Consulting at Deloitte India
6 articles Follow

Reporting Options at a Glance in Fusion Financials

This article on Fusion Financials Reporting will briefly explain you reporting capabilities in
Fusion Financials which are very handy to use. Let us look at brief overview of different types of
Reporting available in Fusion Applications and we will try to understand these Reporting
Options. These are- 
Oracle Transactional Business Intelligence for Financials
Referred to as OTBI, and allows users to build ad hoc queries or reports using views on
transactional business objects. With Fusion Financials, users can build their own reports using
the OBIEE tool and subject areas delivered with Fusion.  With simple drag and drop
functionality, one can build a report (or ad hoc query) on any transaction without the need for a
developer.  There are some pre-built reports delivered in OTBI for Fusion Financials.

 BI Publisher
There are cases where a very specific format is required such as printed checks.  BI Publisher is
the perfect tool for this, but is has many other great uses.  There are some pre-built reports
delivered via BIP as part of Fusion Financials.

Financial Reports
Financial Reports are used to reports that look solely at GL balances.  These reports utilize the
Essbase cube to present financial data in a real-time environment without having to run a report. 
These reports are defined using the Financial Reporting Studio tool which has many features
including hierarchy expansion and drilldown.

Smart View
Smart View is an excel add-in that allows users to query GL Balance data real-time within
Excel.  There's a previous blog post here that provides more information.

Oracle Business Intelligence Analytics

OBIA as we typically call it provides information from the pre-built data warehouse. The data
here is not real-time based as with the other solutions.  Of all of these solutions, OBIA is not
required and is separately licensed.

Below are the different Features and Benefits of Reporting Options-

Reporting Platform with Embedded Multi-Dimensional Data Model-

 Store and organize large quantities of data in a very efficient way that
can be accessed and analyzed quickly for intuitive and immediate
decision support.
 Perform multi-dimensional analysis from the same system used for
operational accounting
 Eliminate the need for a separate, costly data warehouse where data is
only as up-to-date as the last-time data was transferred
 Real-time Updates to Multi-Dimensional Balances

 Always work with the most up-to-the-second data; multidimensional

balances are updated when transactions and journals are posted
 Ensure queries, reports, and analysis are extremely fast as balances are
pre-aggregated at every possible summarization level
 Eliminate the need for dual maintenance of chart of accounts; whenever
users create or modify chart of accounts and hierarchies, the changes
are automatically updated in the corresponding cubeThis

Self-Service Reporting

 Get the right information when you need it

 Securely distribute and access live or pre-published financial reports
from a central location
 Reduce dependence on IT

General Accounting Dashboard

 Obtain comprehensive view across functional areas from a central page

(i.e., journals requiring attention, intercompany transactions that are
incomplete, account balances that have exceeded their thresholds, close
status of subledgers and ledgers, etc.)
 Increase user productivity by reducing multiple searches and the need
to navigate to multiple pages
 Track the status of self-monitoring processes to help you quickly
resolve exceptions, garner approvals and focus on analyzing results

Account Monitor

 Continuously be alerted to sudden changes in account balances based

on thresholds you define so you can take corrective action sooner
 Quickly drill down through multiple levels of summarized balances,
view different perspectives of the balance, and even drill back to the
originating transaction to investigate the root cause

Account Inspector
  Intuitively create complex allocation formulas with the graphical
allocation wizard that helps users step by step
 Significantly improve performance by allocating pre-summarized
balances
 Retain control and an audit trail
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Published by

Surinder Singh
Manager-Consulting at Deloitte India
Published • 5y
5y
Nice, thnx for sharing this Surinder
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ORACLE FUSION FINANCIAL REPORTING CENTER: PART 2

Surinder Singh on LinkedIn


  ORACLE FUSION FINANCIAL REPORTING CENTER: PART 1
Surinder Singh on LinkedIn

FUSION FUNCTIONAL SETUP MANAGER AND FUSION MULTI ORG

STRUCTURE
Surinder Singh on LinkedIn

FUSION ACCOUNTING HUB OVERVIEW

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