Oracle Fusion Financials Modules
Oracle Fusion Financials offers a comprehensive suite of modules that cover various aspects of financial management and enable organizations to streamline their financial processes. Here are the primary modules available in Oracle Fusion Financials:
General Ledger (GL): Manages financial accounts, chart of accounts, journal entries, and financial reporting.
Accounts Payable (AP): Handles supplier invoices, payment processing, vendor management, and expense reimbursements.
Accounts Receivable (AR): Manages customer invoices, receipts, collections, and credit management.
Cash Management (CM): Tracks and manages cash flows, bank accounts, cash positions, and bank reconciliations.
Fixed Assets (FA): Manages and tracks fixed assets, including asset acquisition, depreciation, retirement, and transfers.
Expense Management (EXP): Handles employee expense management, including expense reports, reimbursement, and policy compliance.
Revenue Management (REV): Manages revenue recognition, contract management, and revenue forecasting.
Tax Management (TAX): Handles tax calculations, tax compliance, and tax reporting.
Advanced Collections (AC): Streamlines the collections process by automating collection activities and providing insights into customer payment behavior.
Advanced Global Intercompany System (AGIS): Facilitates intercompany transactions and reconciliations across multiple legal entities.
Advanced Financial Controls (AFC): Helps organizations monitor and enforce financial controls to ensure compliance with regulatory requirements and internal policies.
Financials Accounting Hub (FAH): Provides a centralized accounting hub to support the integration and consolidation of financial data from disparate systems.
In-Memory Cost Management (IMCM): Enables organizations to calculate and manage cost information for products and services more efficiently.
Advanced Profitability and Cost Management (APCM): Offers enhanced profitability analysis and cost allocation capabilities to analyze product, customer, and channel profitability.
These modules are designed to work together and provide end-to-end financial management capabilities for organizations of various sizes and industries. Organizations can choose to implement the modules that best suit their business needs and gradually expand their usage as required.
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