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Oracle Financials 11i Accounting Services

Oracle Financials 11i - Main Features

• The presence of the Assets Module that forms a part of the Oracle Financial 11i services, ensures that the company is on the right track when it comes to managing its property and fixed assets, that may range anything from gathering data about the warehouse locations and the amount of money spent in order to maintain these warehouses that form a major part of the fixed cost of any firm. The asset module also takes care of the taxes that have to be paid by the firm so that there are no illegitimate issues regarding the firm's performance. This payment of tax also involves taking into consideration the entire fixed assets of the firm, land, machinery, the cost of each equipment that has to be tracked down by the software, so that tax payments are made accurate and are relevant to the amount of holdings the firm actually possess.
  
  
• The Ledger Module also comes standard with the Oracle Financial package and aims at maintaining ledger notes of people, money allocation and budgeting so that the funding is directed to operations that the firm has identified to be the most profitable. This module also serves the purpose of generating financial reports that contains balance sheet records and profit and loss statements that are a necessity for investors and the general public to show that the firm has made particular levels of progress in a certain period of time.
  
  
• Inventory and Order Entry Modules are some of the most refined portions of the Oracle Financial 11i services because, the software manages to alert suppliers and distributors about low inventory levels whenever the inventory drops below a point that is either pre-defined by the user or taken as a default entry by the software after estimating the levels of flow of products, to and from the warehouses. Order entry ensures that accurate entry to the levels of demand are made so that the inventory module can have information as to how much of the inventory has to spread out among the warehouses in order to meet the service requirements of the public and also ensuring reduced system wide costs.
  

Oracle Financials 11i - Key Advantages

• Single point of contact of information is created here, where authorized people from anywhere in the globe can access the firms performance.
• The operations are as streamlined as possible such that very little delay is received both at the receiver and supplier end.
• The financial report generation utilities are highly optimized along with total product life cycle management where everything from production to distribution is taken care of efficiently by the software.

High-End ERP Solutions

• Oracle Financials 11i
• SAP FICO etc.