NEW FEATURES IN ORACLE FUSION FINANCIALS

Here are some of the features and capabilities that were part of Oracle Fusion Financials :

1. Unified Financial Management: Oracle Fusion Financials provided a comprehensive suite of financial management solutions, integrating various aspects such as general ledger, accounts payable, accounts receivable, cash management, and asset management into a unified platform.
2. Real-Time Financial Reporting: Fusion Financials offers real-time reporting and analytics, allowing users to access up-to-date financial information and generate reports quickly and accurately.
3. Role-Based Dashboards: Users could access personalized dashboards tailored to their roles, providing relevant financial insights and tasks. This helped improve productivity and decision-making.
4. Embedded Analytics: Fusion Financials included embedded analytics that allowed users to analyze financial data within the application without needing external reporting tools.
5. Configurable Workflows: Users could configure and customize financial workflows, approvals, and business processes to align with their organization’s requirements.
6. Automated Expense Management: The application included automated expense reporting and management features, streamlining the expense reimbursement process.
7. Multi-Currency and Multi-Ledger Support: Fusion Financials supported multiple currencies and ledgers, enabling organizations to manage their financials across different operating units and countries.
8. Risk Management and Compliance: The system included features for risk management, internal controls, and compliance, helping organizations adhere to regulatory and financial reporting requirements.
9. Supplier Portal: Fusion Financials provided a portal for efficient communication and collaboration with suppliers, enabling them to access relevant information and perform self-service tasks.
10. Mobile Access: Users could access Fusion Financials via mobile devices, allowing them to perform financial tasks and approvals on the go.
11. Cloud-Based Deployment: Oracle Fusion Financials was built on a cloud-based architecture, offering benefits such as scalability, accessibility, and automatic updates.
12. Integration Capabilities: Fusion Financials could be integrated with other Oracle Cloud services and third-party applications, facilitating seamless data exchange and end-to-end business processes.