Financial Management - PSFT (MOSC)

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New GL 9.2 In-Memory Financial Allocations Analyzer Info Center Live [1607780.2]

edited Jan 12, 2014 2:52PM in Financial Management - PSFT (MOSC) 1 comment

 One of the largest tasks of every finance and accounting group is to make sure that every dollar of costs and revenues is accounted for. All organizations make changes to the administrative costs and to the structure of the organization on a more regular basis. These have profound impact on the financial world. Finance has to quickly determine the effects of costing out:

  • Reorganizations of any and all parts of the company.
  • Acquisitions that must be implemented.
  • New IT projects.
Oracle plans to offer a revolutionary solution: the PeopleSoft In-Memory Financial Allocations Analyzer. The new solution will allow users to take what is in their production environment in terms of allocation rules, balances as well as third party data and model scenarios of possible changes. They can compare scenarios to establish which is most beneficial to meet the stated need. The old reality can be replaced by the revolutionary solution whereby Finance can meet the challenge of modeling complex allocations quickly and easily as business needs arise.

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