Without the ability to digitize risk and compliance activities, organizations cannot rise to calls for greater accountability, nor can they evaluate and manage potential threats to the business, while keeping resources and costs in check. Finance teams are challenged by labor-intensive, disparate, spreadsheet-driven tasks to meet new and existing compliance requirements. Given the increased focus on individual accountability for wrongdoing, this manual approach can create significant new risks for organizations. Oracle Financial Reporting Compliance Cloud Service (PDF) is designed to simplify and automate compliance tasks and to provide reliable and responsive compliance oversight.
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