FUSION ACCOUNTING HUB || REPORTING PLATFORM

FAH includes several new and exciting components like:

The Fusion General Ledger, for example, combines traditional general ledger functionality with an embedded Oracle Essbase.

When users create their chart of accounts, the application automatically creates the Oracle Essbase cube

If a cost center is added or a date-effective hierarchy is modified, Fusion General Ledger automatically creates or modifies the corresponding cube hierarchy in Essbase.

Then, as transactions or journals are posted, Fusion General Ledger updates the multi-dimensional balances to ensure data is always in sync and up-to-the-minute accurate.

The result is extremely fast reports and queries that are refreshed on the fly without having to run a process or program.

The Financial Reporting Center allows users to design and view traditional financial reports, but there’s no need to run the report. Just open it and real time balances are automatically shown. It allows you to drill down from reports to GL, publish reports in a variety of formats, and can be used for professional quality, boardroom ready financial statements

In addition to FAH’s low cost and minimal implementation effort – resulting in no disruption to current financial processes – there are actually many pros to consider.

Users can take advantage of Fusion Accounting Hub’s exceptional reporting and analytics.

For example, an account hierarchy used to summarize cost of goods has different accounts for 2011 and 2010. This is based on changes in the business operations and newly added chart of accounts values. Charts of accounts’ values can be associated with multiple hierarchies by defining multiple trees.

This allows you to create financial reports for different target audiences. You can use different hierarchies, for example, to track cost centers either by geography or line of business.


Fusion is Oracle’s rainbow bridge into more dynamic financial reporting – the stability of your existing Oracle r12 GL application with seamless integration into a wealth of useful features and tools.