Oracle Financials Cloud: Modern Finance 1 | Page 11

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Industry Tailored Solutions
Oracle delivers effective solutions to meet your industry
specific requirements.
Public Sector, Higher Education, and Research
Budgetary Control and Encumbrance Accounting enables
organizations to control spending at any budget level or time
interval. Operational users who enter transactions can easily
observe the status of budget checks and reservations online.
Intuitive error messages and warnings enable them to quickly
identify and resolve exceptions. Budget managers can easily
monitor consumption rates and view budget, commitment,
obligation, expenditure, and funds available balances and
supporting transactions in a single view.

Consumption
Rates

Budget

“

Oracle ERP Cloud stood out as a mature,
reliable cloud solution. We are eager to
experience the many benefits, including
greater agility to adapt to the changing
dynamics in higher education.

— JO ELLEN DINUCCI

”

Associate Vice President of Finance and
Administration, Boise State University
Expenditure

Commitment
Obligation

Funds