Financial Consolidation and Close Cloud Solution (FCCS) enables “one version of the truth” reporting at $18B private equity firm

Business Challenges

  • Manually Intensive Process – Close and consolidation processes were heavily dependent on multiple Excel workbooks
  • Lack of Transparency – Limited visibility into base level entity financials
  • Disconnected Systems – Consolidations and reporting systems lacked proper integration


  • Implemented Integrated Solution – Used Oracle Financial Consolidation and Close Cloud (FCCS) to streamline reporting
  • Enhanced Capabilities – Built system integration to help support accurate and repeatable financial processes
  • Standardized Process – Automated intercompany eliminations and cash flow reporting
  • Streamlined Reporting – Consolidated reporting for balance sheet, income statement, and cash flow
  • Integrated System – Mapped actuals data with data forms built for adjustments


  • Centralized Data – “One version of the truth” reporting by standardizing mappings throughout the company
  • Scalability – Established a foundation for future growth and scalability by providing the ability to accurately and consistently report and analyze financials
  • Increased Efficiency – Faster and more accurate consolidations and reporting processes

Complimentary Discovery Briefing

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