Oracle FCCS consulting and implementation. A faster, accurate close, run directly by an Oracle ACE Pro.

Oracle Financial Consolidation and Close automates the end-to-end close: intercompany eliminations, currency translation, ownership, and multi-GAAP reporting across entities. I implement FCCS, reengineer the systems where close still drags, and migrate HFM to the cloud. Senior-led throughout.

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Delivered by: Oracle ACE Pro · Oracle Planning (PBCS) Certified · Oracle FCC Certified · Oracle PCM Certified · Toronto, Canada. Serving clients worldwide
When this is for you

When the close still takes too long

If you have FCC and close is slow, the problem is usually the rules, the data flow, or the ownership structure.

Oracle Financial Consolidation and Close, also known as FCCS, handles intercompany eliminations, currency translations, minority interests, and regulatory reporting across multiple entities and accounting standards. It is powerful when it is configured well.

If close is still taking longer than it should, a targeted reengineering pass on the elimination logic, data loads, and close tasks typically cuts cycle time significantly, without rebuilding the application.

Industry benchmark

Organizations running FCC inefficiently typically achieve a 40 to 50 percent reduction in close cycle time after a targeted reengineering pass. Most of the lost time sits in manual journal entries, broken elimination logic, and data loads that could be automated but are not.

Oracle FCCS

What Oracle FCCS consulting covers

Implementation, consolidation reengineering, multi-GAAP, integration, and HFM migration across the full close process.

FCC FCCS IFRS US GAAP Intercompany Multi-currency Data Management EPM Automate HFM migration

From a new FCCS implementation to fixing a close that drags. The same senior consultant stays with the work from scope to handover.

What's included

New implementation

End-to-end FCCS setup: entity and ownership structure, consolidation and elimination rules, currency, close tasks, and reporting, through to go-live.

Consolidation reengineering

Review of entity structure, ownership hierarchy, intercompany logic, and elimination rules. Fix what is slowing the close down.

Multi-GAAP configuration

Parallel IFRS and US GAAP reporting, including adjustments, reclassifications, and statutory versus management views. Configured or refined.

Source system integration

Data load from ERP, GL, and subsidiary systems using Data Management and EPM Automate. Scheduled, validated, and auditable.

Close task automation

Close task lists, workflow, and sign-off, replacing email chains and spreadsheet trackers.

HFM to FCCS migration

Migration from on-premise Hyperion Financial Management to Oracle Cloud FCCS, mapping consolidation rules and custom calculations.

Reporting and supplemental data

Financial reports, flux analysis, and supplemental data collection, built or rebuilt depending on current state.

First-close support

Hands-on support through the first month-end or quarter-end close on the new system, when it meets real volume.

Typical timeline: 10 to 16 weeks for a full implementation, 3 to 8 weeks for focused reengineering. HFM migrations vary with entity count and GAAP requirements.

How an engagement works

From first conversation through your first close

1

Discovery

We walk through your entity structure, current close process, and the reporting you have to produce.

2

Scope and plan

A clear scope with deliverables, timeline, and the data and access I will need. Fixed where it can be.

3

Build or fix

Hands-on work on rules, eliminations, integrations, and reporting, validated against your numbers as we go.

4

First close and handover

Support through the first live close, then training, documentation, and a clean handover to your team.

Related

Other Oracle EPM work

Consolidation usually sits next to planning and profitability. Here is where the related work lives:

Oracle FCCS consulting. Frequently asked.

Straight answers to what buyers and finance teams ask most.

What is Oracle Financial Consolidation and Close (FCC and FCCS)?+
It is Oracle's cloud application for the consolidation and close process. It handles intercompany eliminations, currency translation, ownership and minority interest, and statutory and management reporting across multiple entities and accounting standards. FCC and FCCS refer to the same cloud product.
How long does an Oracle FCCS implementation take?+
A focused implementation usually runs 10 to 16 weeks, depending on entity count, ownership complexity, and GAAP requirements. Reengineering an existing FCC application is shorter, often 3 to 8 weeks. The timeline is tied to confirmed scope.
Our close is still slow on FCC. What can be done?+
Most slow closes trace to elimination logic, manual journals, or data loads that should be automated. A targeted reengineering pass on those areas typically cuts cycle time by a meaningful margin without rebuilding the application.
Can you migrate HFM to Oracle Cloud FCCS?+
Yes. I migrate on-premise Hyperion Financial Management to Oracle Cloud FCCS, mapping existing consolidation rules, ownership, and custom calculations, and validating results against the legacy system before cutover.
Can FCCS handle parallel IFRS and US GAAP reporting?+
Yes. FCCS supports multiple GAAPs in parallel, with adjustments and reclassifications kept separate and auditable, so you can produce statutory and management views from one consolidation.
Do you support intercompany eliminations and multi-currency?+
Yes. Intercompany matching and elimination, currency translation, and multi-currency reporting are core to most engagements, whether I am implementing FCCS or fixing an existing setup.

Implementing FCCS, or trying to shorten the close?

Tell me about your entities and where the close gets stuck. I will tell you straight whether I can help.

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