Oracle Fusion Financial Reporting: The Key to Accurate and Efficient Financial Statements With Orbit GL Sense

Enterprises around the world are facing a unique challenge when it comes to financial reporting: the need for quick and accurate financial statements that adhere to the necessary reporting obligations. Unfortunately, many organizations rely on a mix of multiple reports to gather the data they need, often struggling to analyze and explain the data. This leads to a lack of transparency and inefficiency in financial reporting. This is where the Oracle Fusion Financial Reporting solution comes in.

With Oracle Fusion Financial Reporting , you can leverage a unified, streamlined approach to financial reporting. Tools like orbit GL Sense Cloud Reporting and Oracle Fusion Financial Analytics ensure all your financial information is centralized, enabling real-time financial reporting with enhanced accuracy and efficiency. Whether you are managing financial data through Oracle Fusion Cloud ERP or exploring an Oracle EBS Reporting Tool, orbit GL Sense delivers powerful financial reporting solutions for ERP tailored to meet the needs of modern enterprises.

Step into a world of unified reporting for Oracle ERP with Orbit GL Sense and transform your financial reporting process with greater transparency, automation, and precision.

Simplify your Oracle Fusion Financial Reporting for Oracle Fusion Cloud and Oracle EBS

When creating Excel financial statements, Oracle Fusion Cloud ERP and Oracle EBS Financial Reporting tool can be complex. Fortunately, with the help of Orbit GL Sense, this process can be simplified and streamlined.

Orbit GL Sense is designed to provide insightful financial data in Microsoft Excel, making it easier for business users to build financial statements and update all General Ledger (GL) balances. With the Orbit GL Sense cloud reporting, business users can analyze layers of details by drilling into balances, journals, and sub-ledger details. It also provides various features to break through traditional financial analysis barriers associated with reporting. Data is pulled directly from the Oracle Fusion Cloud ERP so that users can access their balance data, chart of accounts, periods, DFFs and KFFs, custom hierarchies, and more.

Overall, Orbit GL sense features and capabilities make it an invaluable Oracle EBS reporting tool for any user looking to simplify and automate their financial reporting solutions for ERP in Excel without the help of IT. Moreover, it reduces the complexity of the process, cuts down time spent on reporting, and provides users with accurate and timely information.

Understanding GLSense

Orbit GL sense offers an integrated solution for companies seeking to streamline their financial reporting process. With GLSense, data retrieval is simplified through its compatibility with Oracle EBS and Oracle Finance Cloud, and the ability to automate month-end reporting. Sharing GLSense workbooks maintains consistency and simplifies account analysis by allowing users to drill down to journal and sub-ledger details, achieving uniformity across the organization. Additionally, scheduling, distribution, and bursting of reports optimize performance.

Why do you need GLSense?

Orbit GL sense lets you map your business goals and requirements to your finances. Orbit GL sense for Oracle Fusion Financial Reporting provides a comprehensive, unified view of your organization’s financial performance. It offers powerful insights that help you drive effective business decisions and maximize financial performance.

• Ease of use: Generate quick financial reports with greater accuracy using existing data stored in Excel. Get direct access to Excel data with the capability possible to analyze the journal activity by creating charts, applying filters, and using conditional formatting.
• Automatic drill down to details: Gain an intuitive ability to drill down from balances to sub-ledger, ensuring seamless access to detailed financial data by eliminating the need for users to switch between applications.
• Multiple deployment options: With the availability of multiple deployment options, you can opt for a SaaS-based model, a private cloud, or even an on-premise deployment, depending on your organization’s current needs. The flexibility of GLSense allows you to adapt to your unique requirements and enables you to stay ahead of the competition.
• Unified financial reporting and analysis from Oracle Fusion Cloud ERP and legacy EBS: Orbit GL sense cloud reporting empowers you to consolidate data stored in multiple sources and eliminate the need for different tools, saving time and resources for finance teams. It also breaks data silos and creates a single source of truth (SSOT).
• Data governance: Get GLSense’s custom-built data security models that are tailored to meet the unique needs of your company. These models are designed to consider your company’s specific security policies, threat assessments, and other factors that are distinct to your organization.
• Data Security:As an Oracle Gold Partner, Orbit’s GL sense can leverage the same data security setups as unified reporting for Oracle Cloud ERP. This integration with Oracle Fusion enables accurate reporting without technical knowledge, intuitive user authentication and data governance..

How does GLSense work?

Orbit GL sense is a financial reporting module of the Orbit Reporting + Analytics application. It comes with an Excel add-in for end-to-end Financial Reporting. The tool extracts data from Oracle EBS, Fusion Cloud ERP, and NetSuite, which is then transferred to a Financial Cube. This cube includes all the necessary dimensions and facts related to financial balances. The GLSense architecture enables finance business users to access data from a single platform without leaving Excel. Business users can gain direct access to financial statements, conduct reconciliations, compare budgets vs actuals, and even drill down into sub-ledgers of ERP applications for more details.

Upgrade to GLSense for Simplified Financial Reporting and Maximized Performance

In conclusion, Orbit GL Sense’s innovative features allow you to quickly retrieve data from Oracle EBS and Oracle Finance Cloud, automate month-end reporting, and share workbooks to maintain consistency in reporting. With Orbit GL Sense cloud reporting, you will gain powerful insights to help you make effective business decisions and maximize financial performance.

But that’s not all! The tool also provides an automatic drill down to details, making it easy to analyze journal activity by creating charts, applying filters, and using conditional formatting without leaving your legacy reporting system. With Orbit GL Sense, you will enjoy a streamlined oracle fusion financial reporting process that saves time, reduces complexity, and provides accurate and timely information.

Don’t let manual financial reporting hold you back any longer. Get Demo Link!

Watch GLSense for Oracle Fusion Financial Reporting in action