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Showing posts from September, 2021

Oracle Account Reconciliation Cloud I Account Reconciliation Cloud I Account Reconciliation Cloud Service (ARCS)

What is included in  Account Reconciliation Cloud Service ? Customers receive everything they need in order to manage a global reconciliation process: Flexible balance mapping rules with an automated completeness check Rules-based thresholds for automatic certification and risk assessment Workflow support for the reconciliation process Audit controls for all activities Reporting, monitoring, and analysis What are the benefits of using ARCS over ARM? ARCS has most of the functionality of its  on-premises counterpart, ARM ; however, there are some major differences, including the benefit of using the cloud’s time-saving and cost-reducing infrastructure. With a low monthly per user license cost, ARCS requires minimal hardware investment, minimal client IT involvement, and minimal Oracle application support. The key advantages of the cloud version are faster time to deployment, reduced up-front deployment costs, and more flexibility to scale quickly to accommodate organizational n...