Introduction to Oracle Financials Cloud Course Overview

To ensure a successful training experience in the Introduction to Oracle Financials Cloud course, students should meet the following minimum prerequisites:

• Basic understanding of financial concepts and processes such as general ledger, payables, receivables, cash management, and asset tracking.
• Familiarity with enterprise resource planning (ERP) systems, especially in the context of financials and accounting.
• Comfort with using web-based applications and navigating through user interfaces.
• Basic computer literacy, including proficiency with office productivity tools such as Microsoft Excel, as some Oracle Financials Cloud features integrate with these tools.
• Good analytical and problem-solving skills to understand and apply the concepts taught in the course.
• Effective communication skills to interact with the training material and engage in discussions during the course.

These prerequisites are designed to provide a foundation for learners to grasp the course material effectively and are not intended to be barriers to entry. Prior exposure to Oracle applications or cloud-based solutions is helpful but not mandatory.

Target Audience for Introduction to Oracle Financials Cloud

The Introduction to Oracle Financials Cloud course offers comprehensive training on Oracle's financial suite for financial management professionals.

• Financial Analysts
• Accounts Payable/Receivable Managers
• General Ledger Accountants
• Financial Controllers
• Revenue Managers
• Cash Managers
• Asset Managers
• Expense Supervisors
• Advanced Collection Specialists
• ERP Consultants
• IT Professionals working on financial software integrations
• Business Intelligence Analysts
• Financial Reporting Specialists
• Oracle Technical Developers and Implementers
• Finance Transformation Managers
• CFOs and Finance Executives exploring cloud-based financial solutions

Learning Objectives - What you will Learn in this Introduction to Oracle Financials Cloud?

Introduction to Oracle Financials Cloud Course Learning Outcomes

Gain a comprehensive understanding of Oracle Financials Cloud, mastering navigation, reporting tools, and the functionalities of key financial modules to optimize your organization's financial processes and data analysis.

Learning Objectives and Outcomes:

• Understand the core concepts and architecture of Oracle Financials Cloud, including its modules and functionalities.
• Navigate confidently within Oracle Fusion Applications using the Navigator and other UI elements.
• Utilize Application Development Framework Desktop Integration (ADFdi) to efficiently manage and upload data.
• Interpret and customize infolets and infotiles to summarize key financial information at a glance.
• Work with dashboards and workareas for effective monitoring and management of financial tasks.
• Comprehend the functionalities and processes within the General Ledger, including journal entries, allocations, and consolidations.
• Manage accounts payable processes, including invoice creation, payment processing, and vendor management.
• Handle accounts receivable activities, such as billing, collections, and customer account maintenance.
• Apply Revenue Management principles to recognize, account for, and analyze revenue transactions.
• Execute Cash Management tasks, including bank reconciliations, cash forecasting, and liquidity analysis.
• Oversee fixed assets lifecycle from acquisition to retirement and manage depreciation calculations.
• Streamline expense reporting and approval workflows to control costs and ensure policy compliance.
• Utilize Advanced Collections to improve the effectiveness of debt collection activities.
• Create and interpret financial reports using the suite's reporting tools, including Financial Reporting, OTBI, and BI Publisher.
• Employ Account Monitor and Account Inspector for real-time financial position monitoring and detailed account analysis.