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Oracle Financial Reporting Compliance Cloud description
Oracle Financial Reporting Compliance Cloud is part of Oracle's ERP Cloud and helps mid-size to large businesses manage financial risk. It provides automated monitoring of user access to financial data, flags potential separation of duties conflicts, and tracks changes to critical configurations. Its continuous transaction monitoring uses AI to detect fraud, errors, and policy violations. The software also streamlines compliance efforts, like SOX, by managing internal controls documentation, testing, and certification. This helps companies demonstrate a secure financial reporting environment to auditors.
Who is Oracle Financial Reporting Compliance Cloud best for
Oracle Financial Reporting Compliance Cloud is ideal for mid-sized to large businesses, especially those in finance and IT, that need to manage financial risk and compliance. We find it's particularly effective for companies with over 1,000 employees. It helps automate monitoring of user access to financial data, detect fraud, and streamline compliance efforts.
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It's a strong fit for companies with over 1,000 employees, offering robust financial risk management and compliance.
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We've seen it work wonders in finance, banking, insurance, software, IT, and telecommunications – industries with complex compliance needs.
Oracle Financial Reporting Compliance Cloud features
Supported Custom role design: Allows to define custom roles and ensure that they comply with the segregation of duties before going live. |
Supported Self-service access requests: Enables users to request access and automatically checks for segregation of duty conflicts. |
Supported Automated user access reviews: Automates the process of reviewing and certifying user access, ensuring compliance with audit requirements. |
Supported Configuration change monitoring: Monitors changes to critical system configurations to detect unauthorized or suspicious modifications. |
Supported Continuous transaction monitoring: Continuously monitors financial transactions to identify fraud, errors, and policy violations. |
Supported Procure-to-pay assurance: Provides assurance over the procure-to-pay process by monitoring user access and activity. |
Supported Record-to-report assurance: Offers assurance for the record-to-report process by monitoring user access and activity. |
Oracle Financial Reporting Compliance Cloud pricing
See the Oracle Financial Reporting Compliance Cloud pricing page.
Oracle Financial Reporting Compliance Cloud alternatives
Oracle Cloud Enterprise Resource Planning (ERP)Connects business processes, automates tasks, sharpens insights, and scales with you.Read more
Oracle Project Management CloudPlan, track, and deliver projects on time and within budget.Read more
Oracle Cloud Platform Data ManagementConnects, cleans, and secures business data for smarter decisions.Read more
Oracle Financial Crime and Compliance ManagementStops financial crime, automates compliance, reduces risk.Read more
Oracle Financial Reporting Compliance Cloud FAQ
Oracle Financial Reporting Compliance Cloud, part of Oracle ERP Cloud, helps businesses manage financial risk. It automates access monitoring, detects segregation of duties conflicts, and tracks configuration changes. It also uses AI to monitor transactions, flagging potential fraud and errors, and streamlining compliance efforts like SOX.
What is Oracle Financial Reporting Compliance Cloud and what does Oracle Financial Reporting Compliance Cloud do?
Oracle Financial Reporting Compliance Cloud, part of Oracle ERP Cloud, helps businesses manage financial risk. It automates access monitoring, detects segregation of duties conflicts, and tracks configuration changes. It also uses AI to monitor transactions, flagging potential fraud and errors, and streamlining compliance efforts like SOX.
Oracle Financial Reporting Compliance Cloud integrates seamlessly with Oracle ERP Cloud and other Oracle applications. It also works with identity management systems for streamlined user provisioning and access control. No information was found about integrations with non-Oracle products.
How does Oracle Financial Reporting Compliance Cloud integrate with other tools?
Oracle Financial Reporting Compliance Cloud integrates seamlessly with Oracle ERP Cloud and other Oracle applications. It also works with identity management systems for streamlined user provisioning and access control. No information was found about integrations with non-Oracle products.
We find Fastpath and Pirani to be good alternatives. Oracle also offers several related products like Oracle Cloud ERP, Project Management Cloud, Data Management, and Financial Crime and Compliance Management that may serve similar needs.
What the main competitors of Oracle Financial Reporting Compliance Cloud?
We find Fastpath and Pirani to be good alternatives. Oracle also offers several related products like Oracle Cloud ERP, Project Management Cloud, Data Management, and Financial Crime and Compliance Management that may serve similar needs.
Yes, Oracle Financial Reporting Compliance Cloud is a legitimate product offered by Oracle as part of their ERP Cloud suite. It's designed to help businesses manage financial risk and compliance, particularly for medium to large enterprises.
Is Oracle Financial Reporting Compliance Cloud legit?
Yes, Oracle Financial Reporting Compliance Cloud is a legitimate product offered by Oracle as part of their ERP Cloud suite. It's designed to help businesses manage financial risk and compliance, particularly for medium to large enterprises.
I couldn't find any pricing details for Oracle Financial Reporting Compliance Cloud. Contact Oracle directly to get a quote tailored to your needs.
How much does Oracle Financial Reporting Compliance Cloud cost?
I couldn't find any pricing details for Oracle Financial Reporting Compliance Cloud. Contact Oracle directly to get a quote tailored to your needs.
We find that customer service is generally helpful. While some users found the service slow at times and requiring escalation, they ultimately had their issues resolved. Others mentioned easy implementation and readily available support with quick solutions.
Is Oracle Financial Reporting Compliance Cloud customer service good?
We find that customer service is generally helpful. While some users found the service slow at times and requiring escalation, they ultimately had their issues resolved. Others mentioned easy implementation and readily available support with quick solutions.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
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