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Closing the Cloud: a view of month-end and fiscal year close in Oracle Cloud

Session Number: 5880
Track: FIN: Budget and Planning
Sub-Categorization: N/A
Session Type: Presentation
Tags: Cloud
Primary Presenter: Jana Blick [Assistant Controller - Vanderbilt University]
Co-Presenter: Nicole Oeser [Senior Director - Huron Consulting Group]
Co-Presenter 2: Kristy Stone [Accounting Manager - Vanderbilt University]
Time(s):
Wed, Mar 06, 2019 (09:15 AM - 10:15 AM)

Session Length (Approved): Regular Length
Session Submission Type: Member Institution
Knowledge level : Intermediate
Target Audience: Functional
Learning Objective 1: Learn how subledgers close in Oracle Cloud
Learning Objective 2: Understand the dependencies of subledgers in the closing process
Learning Objective 3: Hear how to resolve issues during close
Prerequisites : None
Advance preparation: No Advance Preparation Required
Product: Oracle Cloud
Version Presenting: N/A
Level of Customization: None or N/A
Level of Partner Integration: Shared Institution/Partner
Project Phase: Production
Project Go Live: Q1 2018
Your Training in this Area: Certified Public Accountant - Tennessee
Element(s) of Engagement: Group discussion
CPE Approved Session: Yes

Description:  Vanderbilt University successfully implemented Release 12 of Oracle Cloud applications for Finance, Research Administration, HR, Budgeting/Planning, and BI Reporting in January 2018 and carried out their first successful fiscal year end close in record time in July 2018! Come hear their thoughts on how closing in the cloud is all new with the highly integrated landscape of Procure-to-Pay, PPM, HCM, etc. in Oracle Cloud!

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