Get REAL-TIME REPORTING,
INTUITIVE DASHBOARDS and
INTEGRATED NOTIFICATIONS to Optimise the Closing Process

The financial close is a core task for businesses across any size or industry. However, this recurring process currently comes with various challenges. MPL has developed Fast Closing: An Oracle JD Edwards solution that supports you with the monthly and annual closing process.

JD Edwards Fast Closing enables you to greatly reduce your month-end and year-end close processes. Built seamlessly into JD Edwards and taking advantage of Oracle´s latest technological offerings such as Orchestration, Notifications, Composite Pages, and EnterpriseOne Pages, JDE Fast Closing is an all-in-one automation, reporting, and analytics tool developed to streamline your closing process, free up resources and deliver significant return on investment.

Learn more and see a Demo

 

 

MANAGE & AUTOMATE YOUR MONTH/YEAR END icon

MANAGE & AUTOMATE YOUR MONTH/YEAR END

SIMPLIFY OPERATIONS. <br>OPTIMISE YOUR PROCESSES icon

SIMPLIFY OPERATIONS.
OPTIMISE YOUR PROCESSES

BUILT AS A MODULE WITHIN JD EDWARDS icon

BUILT AS A MODULE WITHIN JD EDWARDS

Optimise your closing process

The monthly and annual close is a critical and demanding process. Issues tend to accumulate throughout the month and are often only dealt with during the short month-end period.

Also, when completing annual close, this less frequent process often results in more user error, again resulting in an inefficient and inaccurate process.

JDE Fast Closing has been developed to provide insight into the entire closing process. It also greatly improves and simplifies the management of month and year-end closing.

Unique automation features within JDE Fast Closing provide automatic resolutions to common errors and eliminate unnecessary manual tasks. JDE Fast Closing enables ongoing review and resolution, greatly reducing the number of errors that need resolving during the month-end close, whilst dramatically improving the year-end close.

Our team has mastered the challenges, both technical and organizational, of designing and implementing a global ERP template.

Project Director, Redfaire International

Key Benefits

  • Ongoing review and resolution of issues throughout the month avoiding the accumulation of errors to be fixed during the short month end period.
  • Close processes are executed in a logical way following a predefined sequence without user-intervention that includes, validation of daily operations, posting transactions and integrity reports until all errors are cleared.
  • Users are notified on an exception basis, common issues are dealt with automatically.
  • Improved management and visibility of the closing process through a dashboard where users can track progress, view flagged errors and act on the chosen resolution from the ones suggested by the tool.
  • JDE Fast Closing manages corrections deadlines and escalates notifications to the correct user.
  • At the end of the routine existing management reports are produced.

SEAMLESS JD Edwards Integration using all the latest tools

JDE Fast Closing is implemented with minimum impact on your existing JD Edwards configuration. It can be implemented quickly and with minimum disruption.  Fast Closing provides two important JD Edwards Pages:

  • The Fast Closing Panel
  • The Fast Closing Dashboards

These pages give you access to all the applications and configurations needed to use the product as well as managing the closing process. You can use it to view the progress of the closing process, and track both identified and resolved issues. 

The solution takes advantage of all the latest JDE Tools.

Orchestrator

Orchestrator

Notifications

Notifications

Composite Pages

Composite Pages

EnterpriseOne Pages

EnterpriseOne Pages

Request our information pack

Contact us for advice and guidance on JD Edwards Fast Closing.

UK: +44 118 9653 904

IRL: + 353 61 512 840

US: +1 (513) 842-8506

SALES@REDFAIRE.COM

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