Cash Management
Controlling cash balances and accurately forecasting cash positions
is made simple with Cash Management. The cash management
dashboard pinpoints issues related to bank account balances,
missing bank statements, unreconciled statement lines and
transactions, and cash forecasts. You can anticipate short-term cash
requirements and reduce liquidity risk by viewing the 5-day cash
forecast across all your legal entities. You can also transfer balances
between banks to take immediate action to address any shortfall.
Asset Management
Oracle Assets simplifies fixed asset accounting with automated
asset management. Standard management tasks, such as asset
additions, asset transfers, disposals, reclassifications, financial
adjustments, impairments, revaluations, retirements, and legacy
data conversions can be streamlined with automated business
flows. You can also take physical counts of your asset inventory and
load them in a spreadsheet; the system then reconciles the results
of this file against the actual data and recommends the necessary
actions to ensure the accuracy and control of your fixed assets.