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Oracle Financial Reporting Compliance Cloud

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Last updated on

Company health

Employee growth
5% increase in the last year
Web traffic
7% decrease in the last quarter

Ratings

G2
4.6/5
(9)
Glassdoor
3.8/5
(55086)

Oracle Financial Reporting Compliance Cloud description

Oracle Financial Reporting Compliance Cloud is part of Oracle's ERP Cloud and helps mid-size to large businesses manage financial risk. It provides automated monitoring of user access to financial data, flags potential separation of duties conflicts, and tracks changes to critical configurations. Its continuous transaction monitoring uses AI to detect fraud, errors, and policy violations. The software also streamlines compliance efforts, like SOX, by managing internal controls documentation, testing, and certification. This helps companies demonstrate a secure financial reporting environment to auditors.


Who is Oracle Financial Reporting Compliance Cloud best for

Oracle Financial Reporting Compliance Cloud helps mid-size to large businesses manage financial risk and compliance. It automates user access monitoring, flags separation of duties conflicts, and tracks configuration changes. AI-powered transaction monitoring detects fraud and errors. The software also streamlines compliance efforts like SOX.

  • Ideal for medium to large enterprises (100-1000+ employees), especially in finance and IT.

  • Best fit for Finance, Banking & Insurance and Software/IT.


Oracle Financial Reporting Compliance Cloud features

Supported

Provides automated monitoring of user access, including sensitive access, to help manage risk and ensure compliance.

Supported

Automates the detection and management of SoD conflicts to prevent fraud and ensure compliance.

Supported

Monitors changes to critical configurations to identify unauthorized or suspicious activity.

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Employs AI for continuous transaction monitoring to detect fraud, errors, and policy violations.

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Streamlines compliance efforts by managing internal controls documentation, testing, and certification.

Supported

Simplifies compliance with regulations like SOX through automated reporting and controls management.

Supported

Provides a library of pre-built security rules and allows customization to meet specific needs.


Oracle Financial Reporting Compliance Cloud pricing

See the Oracle Financial Reporting Compliance Cloud pricing page.


Oracle Financial Reporting Compliance Cloud alternatives

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    Connects business processes, automates tasks, sharpens insights, and scales with you.
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  • Logo of Oracle Project Management Cloud
    Oracle Project Management Cloud
    Plan, track, and deliver projects on time and within budget.
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  • Logo of Pirani
    Pirani
    Streamlines risk management, simplifying compliance and boosting security.
    Read more
  • Logo of Oracle Cloud Platform Data Management
    Oracle Cloud Platform Data Management
    Connects, cleans, and secures business data for smarter decisions.
    Read more
  • Logo of Oracle Financial Crime and Compliance Management
    Oracle Financial Crime and Compliance Management
    Stops financial crime, automates compliance, reduces risk.
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  • Logo of Fastpath
    Fastpath
    Effortless access control management for secure and compliant business apps.
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Oracle Financial Reporting Compliance Cloud FAQ

  • What is Oracle Financial Reporting Compliance Cloud and what does Oracle Financial Reporting Compliance Cloud do?

    Oracle Financial Reporting Compliance Cloud, part of Oracle ERP Cloud, helps businesses manage financial risk and compliance. It automates user access monitoring, detects separation of duties conflicts, tracks configuration changes, and uses AI to identify fraud and errors. The software streamlines compliance efforts like SOX through automated reporting and controls management.

  • How does Oracle Financial Reporting Compliance Cloud integrate with other tools?

    Oracle Financial Reporting Compliance Cloud integrates seamlessly with Oracle ERP Cloud and other Oracle applications. It leverages AI and automation for transaction monitoring, and helps manage compliance with regulations like SOX. No information was found regarding integrations with non-Oracle products.

  • What the main competitors of Oracle Financial Reporting Compliance Cloud?

    Alternatives to Oracle Financial Reporting Compliance Cloud include Fastpath, Pirani, and Oracle Financial Crime and Compliance Management. These competitors offer similar features for risk management, compliance automation, and security enhancement.

  • Is Oracle Financial Reporting Compliance Cloud legit?

    Oracle Financial Reporting Compliance Cloud is a legitimate product offered by Oracle as part of their ERP Cloud suite. It helps businesses manage financial risk and compliance through automated monitoring, AI-powered transaction analysis, and streamlined controls management. It's a safe and viable option for businesses seeking to enhance their financial security and regulatory compliance.

  • How much does Oracle Financial Reporting Compliance Cloud cost?

    I cannot find pricing details for Oracle Financial Reporting Compliance Cloud. Contact Oracle sales for product pricing and to determine if it's worth it for your financial reporting compliance needs.

  • Is Oracle Financial Reporting Compliance Cloud customer service good?

    Customer service experiences are mixed. While some users found the service helpful, others noted the need for frequent escalation and long wait times, occasionally taking weeks to resolve issues.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.