What it is?
- Account Reconciliation Manager.
- One of the modules of Oracle Hyperion Financial Close Management.
- It is a module dedicated to the management of account reconciliations.
What it will do?
- It helps to identify the accounts which are out of balance and adjustments made to them in order to be reconciled.
- It enables balance integration using Oracle Hyperion Financial Data Quality Management ERP Integration Adapter for Oracle Applications and has mapping features to summarize low-level balances to the level appropriate for reconciliation.
How it will help us?
- It helps companies reduce risk by providing real-time visibility into the performance of reconciliations and ensuring that all reconciliations prepared are properly qualified.
- It helps companies streamline and optimize performance by automating certain reconciliation tasks and supporting risk-based reconciliation cycles.
What are the features it
has?
- Provide central repository for storage.
- Provide pre-built dashboards.
- Provide monitoring status, aging, performance metrics, and compliance metrics.
- We can easily import all kind of accounts spreadsheets into ARM.
- We can monitor the users who are repeatedly late to review.
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