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The Oracle E-Business Suite is a complete set of business applications that enables corporations to efficiently track detailed business transaction data and turn it into decision making information using a system built on a unified information architecture.
Oracle Financials applications are a subset of this suite and are a family of products designed to capture and analyze your financial data on a worldwide basis. Use Oracle Financials applications to better manage business to the targets that are announced to investors. Management can better report to investors and colleagues. Oracle Financials applications also help you to meet your obligations in key areas surrounding the numbers, such as:
The Oracle Financials Concepts Guide introduces you to the fundamental concepts involved in setting up and using Oracle Financials applications.
Oracle Financials Applications are part of Release 12, “The Global Business Release”. We think of global both as relating to or involving the entire earth and facilitating your worldwide operations by being comprehensive and including everything you need.
The Oracle Financials suite of applications is comprised of the following subfamilies, organized by standard business flow, to support your firm’s financial processes:
The applications support and closely match these native business flows. The key to exploiting the features implicit in the flows is, more than anything else, to understand the conceptual architecture of Oracle Financials applications.
The objective of this document is to present following: