Free press releases distribution network?

More news: Software
Agency / Source: Oracle Corporation

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Oracle Announces Oracle Hyperion Tax Provision - In order to help customers increase efficiency, achieve stronger internal controls and improve transparency between book and tax data, Oracle announced Oracle Hyperion Tax Provision (NASDAQ: ORCL) - Oracle.com
Oracle Announces Oracle Hyperion Tax Provision

 

PRZOOM - /newswire/ - Redwood Shores, CA, United States, 2013/02/13 - In order to help customers increase efficiency, achieve stronger internal controls and improve transparency between book and tax data, Oracle announced Oracle Hyperion Tax Provision (NASDAQ: ORCL) - Oracle.com. NYSE, NASDAQ: ORCL

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Oracle Hyperion Tax Provision allows customers to collect, calculate and report on the consolidated tax provision and more closely align tax with financial reporting.

Built on the Hyperion Financial Close Suite, Oracle Hyperion Tax Provision is a web-based tax application that addresses the full scope of the global tax provision process.

Oracle Hyperion Tax Provision replaces the highly manual methods used by most organizations with an automated and standardized process that increases efficiency. Furthermore, it integrates with tax compliance software and improves the overall compliance process by providing a more streamlined book-to-tax process.

Integrated with Oracle Hyperion Financial Management, Oracle Hyperion Tax Provision is based on the same technology trusted by thousands of finance organizations to ensure the accuracy of financial reporting.
The calculation of the income tax provision is a key part of an organization’s financial close process. Therefore, a stronger alignment of the tax provision with the financial close process benefits both tax and finance by helping to eliminate redundant processes and increasing transparency of the broader financial reporting process.

Oracle Hyperion Tax Provision helps Oracle, and its partners, add more value for their customers; delivering a more comprehensive solution that helps address the needs of both tax and finance executives.
Oracle Hyperion Tax Provision is available in North America and the United Kingdom.

Addressing the Corporate Tax Provision
Hyperion Tax Provision integrates with the Hyperion Financial Close suite and offers the following benefits:

Efficiency, Speed & Data Integrity: Integration of the tax provision with the financial process helps ensure that tax and finance data reconcile at all times, and eliminates the need for redundant maintenance of data and metadata. This allows tax to always work with the latest financial data. Tax can spend less time on data and more time on analysis.

Autonomy: Tax can realize the efficiencies of being more closely integrated with the financial close process, but both finance and tax still retain the autonomy that is necessary to meet their individual reporting needs.

Enterprise-quality Tax Reporting: The corporate tax department is empowered with the same robust reporting tools as used by finance. This allows for easy drill-down and variance reporting (e.g. actual vs. history, actual vs. forecast). It also leads to economies in training and on-boarding new users. This includes both Oracle Hyperion Financial Reporting and Oracle Hyperion Smart View for Office (Microsoft Office Add-in).

Stronger controls & easier access for users: Regional controllers that submit data to both corporate finance and corporate tax during the financial close can work from the same easy to use interface instead of switching between two different solutions. This results in a stronger control environment enabling regional controllers to perform efficiently and quickly instead of reconciling data between two separate systems.
Transparency between book and tax data: Finance has better transparency between book and tax data especially for tax journal entry, disclosures and key metrics such as effective tax rate.

Supporting Quotes
“Today’s globalized economy requires more agility and transparency in financial reporting,” said Hari Sankar, vice president of product management at Oracle. “Tax provisioning is a key step in the financial close process, yet in most corporations tax and financial reporting are not well integrated. With Oracle Hyperion Tax Provision, customers can use their investments in Oracle Hyperion Financial Management to collect, calculate and report on the global consolidated tax provision, and integrate it with their financial reporting.”

“We believe that a corporate tax provision process that is not closely aligned with the financial reporting process may expose companies to unnecessary risk and inefficiencies. Aligning corporate tax and finance systems may greatly enhance the ability of tax departments to execute their responsibilities more effectively,” said Michael J. Johnson, performance management technology leader for Deloitte’s Tax Management Consulting Practice.

About Oracle
Oracle (oracle.com) engineers hardware and software to work together in the cloud and in your data center.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact: Seema Kalra, Oracle
P: +1 650-506-2925 - E: seema.kalra[.]oracle.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Oracle Corporation

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Oracle Announces Oracle Hyperion Tax Provision

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Oracle Corporation |
Contact: Letty Ledbetter - Oracle.com 
650-506-8071 letty.ledbetter[.]oracle.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Oracle Corporation securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Oracle Corporation / Company Profile


Read Software Most Recent Related Press Releases:

LDiscovery Completes Acquisition of Kroll Ontrack
SYSPRO Opens a New Office in Nairobi, Kenya
Rocket Servergraph Professional Now Supports IBM i
JDA Solutions Selected by Coca-Cola FEMSA Mexico to Support its Innovative Supply Chain
CommutAir Leverages The Weather Company, an IBM Business, to Harness the Power of Big Data from the Tarmac
Leading Independent Research Firm Cites TIBCO as a Strong Performer in Insight Platform Report
Saba Named a Leader in Learning and Performance Management
Infor Recognized as Top Retail Software Provider in 2016 RIS News LeaderBoard
IBM Debuts Blockchain Ecosystem to Help Accelerate Growth of Networks on Hyperledger Fabric
Permanent TSB to Improve Contact Centre Performance and Compliance with Noble Systems Composer Real-Time Speech Analytics

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today