Oracle Financials Cloud: Modern Finance 1 | Page 16

Control

Control | 3
Collections
Staying on top of overdue invoices can make or break
profitability for many organizations. Oracle Advanced
Collections’ metrics provide the ability to measure
and view the performance of your collections activities
at various levels. It uses industry standard formulas
to measure and calculate these metrics’ current and
historical performance.
Risk Management
Achieving the right balance of control and agility starts with
laying a foundation of audit-ready Financials Cloud processes
and configurations. It then comes to life when you activate
Oracle’s integrated Risk Management Cloud. Automate
and streamline the labor-intensive process of documenting
and assessing business practices to satisfy your financial
reporting compliance regulations, such as Sarbanes-Oxley
and equivalent laws worldwide. Then add advanced financial
controls that automatically identify unusual transactions,
help you predict unanticipated risks, and demonstrate
control effectiveness.