The newly introduced technology assists companies to drive significant improvements in shareholder value, through efficient and standardized sub-ledger accounting, improved financial services analytics capabilities and more efficient risk management.
Oracle global financial services industry leader Greg Midtbo said that due to the changed regulatory environment, it has been essential for firms to upgrade with finance function and unifying the management process with risk-adjusted performance tools.
The technology will be made available across the globe through Oracle and member firms of Deloitte Touche Tohmatsu, the company said.
Deloitte delivers access to over 12,000 Oracle-focused practitioners as well as thousands of professionals with capabilities in tax, finance, human resources, risk, and business consulting.
