Oracle Financial Management Application

An Oracle Financial Management Application is an enterprise financials application that is an Oracle application.

• • …
• Counter-Example(s):
  • SAP Financials.
  • Microsoft Dynamics GP.
• See: Oracle Cash Management, Business, Business Process, Oracle Payables, Oracle Receivables, Oracle Applications.

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References

2015

• (Wikipedia, 2015) ⇒ http://en.wikipedia.org/wiki/Oracle_Applications#Oracle_Financial_Applications Retrieved:2015-7-11.
  • The Oracle E-Business Suite provides a set of financial applications used internationally in businesses. Oracle Corporation groups these applications into "suites", which it defines as sets of common, integrated applications designed to execute specific business processes.

    Oracle Financials refers to the closely related financial modules such as:

    • Oracle Assets
    • Oracle General Ledger
    • Oracle Payables.
    • Oracle Receivables.
    • Oracle Cash Management.
    • Oracle Tabs
  • The key business processes enabled by the Financial Applications include:

    ♦ Procure-to-Pay business process flow involving activities such as procurement, purchasing, making payment to Suppliers and subsequent accounting.

    ♦ Order-to-Cash business process flow involves activities such as Customer Orders, Order fulfillment, receiving payment from Customers & subsequent accounting.

• http://www.oracle.com/us/solutions/financial-management/index.html

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