Securing the Financial Close

If you are running Oracle's EPM/Hyperion Solution and Oracle Applications, the Risks between the Applications should be on your list to review on an ongoing basis.

Oracle's EPM tool allows for the successful budgeting and planning of your Organization's processes and the Financial Close. Integrated with your ERP Applications it allows for the transfer of data and process between the two.

As your Organization approaches the Financial Close process, the number of transactions and processes between the two become ever more complex and frequent. With pressure on your Organization for earnings expectations and competition, the temptation by staff to alter Financial Statements should be a key priority for those wishing to mitigate this Risk.

Weak internal controls can lead to Errors and Fraud in your Financial Processes, and with integrated systems there is a need to analyze the Transactions as they span these Applications.

Examples of controls include: Creating Journals and Posting Journals, and Open and Close Periods.

Seecuring has an extensive Rule set that covers your ERP/HCM Applications and your EPM/Hyperion Environments. The platform can compare access across these Applications, which is crucial for today's environments.


The Process

Seecuring is Technology and a Service, we are dedicated to helping you overcome your Security and Configuration issues to get better control over your Applications. Our subscription based approach ensures that you get ongoing support, including reports and recommendations for remediation, ongoing updates to your Segregation of Duties matrix, training and other support.

To find out more you can contact us using one of the methods below:



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Resources

Understanding Role Delegations in Oracle ERP/HCM Cloud

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Fraud and Data Loss - one and the same?

Securing the Financial Close