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Oracle Revenue Management Cloud Service (RMCS) Integration with EBS Oracle General Ledger

edited Mar 13, 2018 12:41AM in General Ledger - EBS (MOSC)

Oracle Revenue Management Cloud Service (RMCS) co-existence feature enables one to deploy a uniform, centralized and comprehensive view of contracts with customers, unifying the details tracked in a variety of sales cycle systems such as Oracle Order Management, Oracle Service Contracts and Billing Systems.

It is a centralized, automated revenue management product that enables you to address revenue as defined in the ASC 606 and IFRS 15 accounting standard for Revenue from Contracts with Customers.

Oracle Revenue Management Cloud is a Service which is part of Oracle Enterprise Resource Planning (ERP) Cloud Service and has the capability to work with any source application. The Service accesses data from and publishes to both Oracle ERP Cloud Service and with Oracle E-Business Suite. Sales cycle data from various source systems is processed and managed centrally in Oracle Revenue Management Cloud.

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