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.
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.
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:
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
Notifications
Composite Pages
EnterpriseOne Pages
Contact us for advice and guidance on JD Edwards Fast Closing.
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