Delivering Financial Close Transparency: Financial Consolidation, Reporting, and Analysis Solutions for Federal Agencies
The budget and financial reports provide information that the citizenry can use to hold the Government accountable, reporting on how and how well the Government has obtained, used, and managed its financial and other resources. President Obama's Analytical Perspectives. Today's Federal civilian agencies face a vast range of complex financial reporting and consolidation requirements, as well as ever increasing scrutiny by OMB, FASAB, auditors, and the public. Oracle Hyperion Financial Close Suite (OHFCS) for Federal civilian agencies provides a financial consolidation, reporting, and analysis solution that can add significant value to Enterprise Resource Planning systems (ERP), legacy, or other transaction systems. This solution enables flexible, accurate, auditable and rapid reporting along with integration to any technical infrastructure.