What is Oracle Financials?

Posted by Hasan Mir on 14 July, 2009
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This item was filled under [ 1- Oracle Financials Concepts ]

Oracle FinancialsOracle Financials is a group or family of modules within Oracle E-Business Suite that are geared towards managing financial information.

Main objective of Oracle Financials is

  • to capture and analyze financial data
  • to manage business to the targets that are announced to stakeholders.
  • to enable management report to stakeholders.
  • to meet obligations in:
    • Compliance
    • Financial Control
    • Regulatory Reporting
    • Cost Containment
    • Risk Management

Main modules that are part of Oracle Financials include:

  • Oracle General Ledger
  • Oracle Payables
  • Oracle Receivables
  • Oracle Assets
  • Oracle Cash Management
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