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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Quickly establish your operations with integrated best practice features, which include dynamic calculations. Minimize the need for extensive customization, as essential financial statements like cash flow, balance sheet, and income statement are calculated automatically, along with rollovers and calls to action. Streamline the process of meeting global reporting standards, such as International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP), by utilizing a ready-made consolidation model. Enhance the accuracy and efficiency of your closing process by reclassifying, adjusting, and eliminating data across any hierarchy, thanks to built-in consolidation capabilities. Effortlessly manage the complexities of legal and management rollups that may have distinct calculation and reporting needs. Take control of the closing process by automatically monitoring critical metrics throughout the organization. You have the option to utilize pre-existing calculations or effortlessly develop bespoke solutions tailored to your business's unique requirements, ensuring that all aspects of your financial reporting are handled efficiently and effectively. This ensures that you can focus on strategic decision-making while maintaining compliance with necessary standards.

Description

Enhance the efficiency of even the most intricate closing cycles while ensuring compliance with regulatory demands and financial reporting criteria. The SAP Financial Closing cockpit allows users to boost productivity through centralized oversight and improved automation. By accelerating and refining accounting close procedures, this tool employs event-driven execution integrated seamlessly with SAP's financial solutions to automate various closing activities. It fosters effective collaboration among task owners via a user-friendly cockpit interface. Additionally, it keeps a comprehensive record of all financial closing tasks, including their histories and the individuals who executed them. Users can monitor closing processes at every phase, encompassing manual steps, transactions, programs, jobs, workflows, and remote tasks. With straightforward configuration and robust administrative tools, the implementation of the SAP Financial Closing cockpit is swift and efficient. Furthermore, it enables organizations to adopt a template-driven approach that standardizes closing processes in alignment with industry best practices for optimal results. Embracing this system ensures a more cohesive and streamlined financial closing experience.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Artificio Yes 
SAP Cloud Platform No 
SAP Joule No 

Integrations

Artificio No 
SAP Cloud Platform Yes 
SAP Joule Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

Oracle

Country

United States

Website

www.oracle.com/performance-management/financial-consolidation-close/

Vendor Details

Company Name

SAP

Country

Germany

Website

www.sap.com/products/closing-cockpit.html

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