Oracle Financials is a group or family of modules within Oracle E-Business Suite that are geared towards managing financial information.
Main objective of Oracle Financials is
- to capture and analyze financial data
- to manage business to the targets that are announced to stakeholders.
- to enable management report to stakeholders.
- to meet obligations in:
• Compliance
• Financial Control
• Regulatory Reporting
• Cost Containment
• Risk Management
Main modules that are part of Oracle Financials include:
- Oracle General Ledger
- Oracle Payables
- Oracle Receivables
- Oracle Assets
- Oracle Cash Management
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