us-analytics.png
Ask an Expert
blog-Hero.jpg

Oracle EPM & BI Blog

Account Analysis Reconciliation in Oracle Hyperion ARCS & ARM

 

Oracle Hyperion's reconciliation solutions provide two different methods: balance comparison and account analysis. In a previous blog post, we covered the balance comparison method and how ARM and ARCS enable auto reconciliation of balance comparison accounts. The account analysis reconciliation method will be discussed in this blog.

Account analysis is the reconciliation method that requires a balance explanation for balance sheet accounts for an accounting period. Examples of an account analysis reconciliation include accounts receivable, accounts payable, and fixed asset reconciliations.

Read More

Balance Comparison Reconciliation in Oracle Hyperion ARCS and ARM

As the latest offering in Oracle Hyperion’s cloud-based solutions, Oracle Account Reconciliation Cloud Service (ARCS) enables mid-sized companies with limited IT resources to leverage technology to integrate their ERP and automate reconciliations. Oracle’s on-premises alterative is Account Reconciliation Manager (ARM). ARCS looks and functions like the 11.1.2.4 version of ARM, with a few exceptions.

Overcoming the knowledge gap before the start of design sessions is key in kicking off a successful Oracle Hyperion ARCS or ARM implementation. A large part of the discussion revolves around how the reconciliation process works in an integrated application. Taking time for knowledge transfer in this stage of the project allows for productive design sessions and enables the company to explore ways to enforce their accounting policy with the technology that Oracle Hyperion ARCS and ARM offers.

First, let’s take a look at the nuts and bolts of the reconciliation process and how ARCS and ARM can help.

Read More

Introducing Oracle Account Reconciliation Cloud Service: How Is ARCS Different From ARM?

Account Reconciliation Cloud Service (ARCS), the most recent addition to Oracle’s suite of EPM cloud products, is now available! Boasting the sophisticated functionality of its on-premises counterpart, Oracle Account Reconciliation Manager (ARM), ARCS adds in the advantages of the cloud — dramatically reducing the time and cost of deployment and administration.

ARCS is a great option for many reasons:

  • Low monthly per user license cost
  • Minimal hardware investment for a hosted solution
  • Minimal client IT resource involvement
  • Oracle application support

ARCS looks and functions like the 11.1.2.4 version of ARM; however, there are a few noticeable differences.

Read More

How to Migrate Off a Subscription-Based Account Reconciliation Model

In today’s economy, many companies are tempted by the option of moving their account reconciliation tasks to a SaaS solution. Providers of these solutions are known to offer a low first-year price point, but renewing the subscription is a different story: it’s not uncommon for year-over-year rates to increase by 10–20%. 

Read More

3 Keys to Successfully Deploying Oracle Account Reconciliation Manager (ARM)

 

We’ve talked about why Oracle Account Reconciliation Manager (ARM) is a popular tool among leading finance departments — because organizations are automating their time-consuming, manual account reconciliation processes to reduce risk and increase efficiency. Oracle ARM not only automates the process but fully integrates it with the financial close workflow for optimal performance.

Making the most of Oracle ARM requires an implementation that sufficiently prepares the organization for new and improved processes. Below are three must-haves for a successful ARM implementation. 

Read More

Subscribe to Email Updates

Browse by Topic

See All