Clover Infotech is among the few companies in the world that has implemented Oracle Financials Cloud for its customers and for itself.
Common Oracle Financials cloud implementation involves accessing tasks that are available in multiple offerings (or products or product families) to manage process flows. Example : Using the Financials offering, your enterprise can configure how you manage financial flows, including assets, ledgers, cash cycle etc.
Business Transformation; NOT just another technology implementation
Oracle Financials Cloud implementation is a business transformation and NOT a technology implementation. It can change the way you channel and focus your core resources to handle important aspects of your business operations.
When you decide to implement Oracle Financials Cloud, Oracle takes the responsibility of provisioning the Cloud infrastructure and documentation of the same. Oracle manages its cloud and with it a set of challenges you might face including management of cloud infrastructure, data security, availability of applications etc.
Your key personnel can then focus on aligning the benefits of Oracle Financials Cloud with business and creating solutions to leverage optimum returns on your Oracle Financials Cloud investments.
Adoption, NOT implementation
We believe implementing Oracle Financials Cloud is more than just a technology implementation. It’s a tectonic shift in your organizational culture and thought process. The company needs to adopt and embrace this move to realize its actual benefits. The company must allocate human resources, spend time and conduct periodic reviews to leverage the best from the Oracle Financials Cloud bouquet.
While you have already saved on CAPEX by deciding to migrate, have you thought about how the decision will help improve operational efficiency, business metrics and most importantly, the bottom line?
We do exactly that. And a little more
At Clover Infotech, our Oracle Financials Cloud services is based on helping companies to adopt the Oracle financials cloud and leverage it to gain strategic business advantage.
Our team spends adequate time to understand your business, your short-term and long-term goals, in documentation and training etc. Our services are designed to guide and empower you with four measurable benefits as below:
Advanced Financial Controls
It includes Oracle Advanced Financial Controls, which implements models and controls that evaluate Financial transactions for fraud, error, or other risk.
Enhanced business user productivity
You can quickly see the performance of your organization up-to-the-minute data to help you answer your key business questions, prioritize and provide useful input into strategic decisions from any device.
Augmented data insight for strategic decision makers
Enables better insight into the general ledger, allows other functional units to understand product or customer profitability, provides visibility into performance against budget, and highlights how staffing costs and employee or supplier performance correlate with increased revenue and customer satisfaction.
Ubiquitous and secure availability of data
Ensure access to the data in a secure manner across channels such as mobile phones, tablet, and laptops. What’s more, Oracle Financials Cloud seamlessly integrates with existing applications by using the Oracle Application Development Framework (Oracle ADF Services), ADF Desktop Integration, File-Based Data Import, and reporting tools. The tool can also build workflows for seamless approval management and faster processing of payments.
Accounts Payables Automation can be done on Oracle Financials Cloud to enable automatic processing of Invoice Work area.
These objectives require substantial engagement duration of at a year. Thus it is recommended to engage with us for full cycle of Financial Cloud Adoption. The full cycle consists of:
- Ground Preparation Phase - Working on your business outcome wish-list
- Adoption Phase - Data migration, user adoption
- Stabilization Phase - Performance improvements, security hardening
- Cool-down period - Deliberate embargo period to check application resilience
- Enhancement Phase - Mobility, Integration with other systems, Analytics
- Enrichment Phase - Automation