Deploying Oracle Cloud EPM Financial Close and Consolidation (FCC) Rather Than "Consolidating" in Oracle Cloud EPM Planning
Wednesday, June 19, 2024 02:15 PM - 03:15 PM
PDT
Sorrento (Promenade Level)
Cloud EPM
Customer Case Study
All Industries, Technical/Functional
Lecture, User / Customer
Financial Close and Account Reconcillation
Listen to Flagstar Bank share its successful transition from using Oracle Planning to utilizing Oracle Financial Consolidation and Close (FCC) for their financial consolidation and close processes. Discover the challenges faced, lessons learned, and the transformative impact on the financial consolidation process. Gain valuable insights into their strategic and tactical decision-making, implementation strategies, and the key benefits realized by Flagstar Bank in achieving a more efficient and simplified financial consolidation.
Learning Objective 1: Explore the specific challenges and limitations that prompted Flagstar Bank to transition from Oracle Planning to Oracle FCC for consolidations.
Learning Objective 2: Understand the real-world challenges encountered by Flagstar Bank during the transition, and understand the lessons learned throughout the process.
Learning Objective 3:Examine the step-by-step process Flagstar Bank undertook to migrate from Oracle Planning to Oracle FCC.
