TCS Fusion Accounting Hub Solution

Enterprise Solutions

Stiff competition, evolving regulations, and industry demands have compelled the
organizations finance function to evolve. With financial disclosures and regulatory
reporting becoming more complex, IT support for finance teams needs to extend beyond
operations to compliance and even the core business strategy. Enterprise-wide visibility,
analytical insights, and near real-time reporting are essential to drive timely and accurate
decision making. To retain competitive advantage, organizations need to standardize,
automate, and integrate their operational processes with financial reporting and analysis,
backed by superior IT solutions.
Tata Consultancy Services (TCS) Fusion Accounting Hub (FAH) solution leverages the
Oracle Fusion Accounting Hub and serves as a complete accounting integration and
financial reporting platform. It helps the finance department streamline processes such as
planning, budgeting, forecasting, financial close, and costing and profitability to ensure
sustained business growth.
Overview
Organizations often struggle to support the different
enterprise resource planning (ERP) applications that are
part of the IT landscape. Diverse application platforms
affect data movement across systems, are challenging to
maintain, and hinder the period-end financial closing
and reporting processes. Disparate systems also offer
lesser scope for modernization, and often result in data
inconsistencies that affect reporting accuracy.
Additionally, stringent regulatory requirements and
global accounting standards require companies to
regularly update the accounting rules in all affected
systems - a complex and time consuming task.
Consolidating and updating these tools and
applicationspurchased, built in-house, or obtained
through acquisitionsis a challenge, and requires a cost
effective and robust IT strategy.
TCS Fusion Accounting Hub solution effectively
consolidates various financial processes, without
disrupting business operations, and helps achieve
greater business value. Our consulting and
implementation of the Oracle Financial Accounting Hub
helps enable the transformation of accounting
integration and reporting needs. Our offering provides a
framework for quick and cost effective implementation
of FAH functionality, enabling CFOs to move to a single
accounting platform. With TCS FAH solution, you can

gain timely access to financial information and provide

exceptional reporting and analytics capabilities to
business users.

Our Solution
TCS FAH solution offers rule-based financial accounting
consolidation on a single platform, supporting all
financial management and analytical needs. A flexible
solution, which configures accounting rules based on
any attribute of a transaction, it is designed to work with
both non-Oracle and Oracle systems. Our solution offers
users across organization functions real-time access to
financial information across disparate ledgers and
source systems, helping them make better decisions on
a day-to-day basis. TCS FAH provides a framework for
quicker and cost effective implementation of Oracle
Financial Accounting Hub, amidst countless accounting
environment changes. Our solution comprises:
Accounting Integration Platform: Performs accounting
transformations and efficiently creates detailed,
auditable, and reconcilable accounting for transactions
from third party non-Oracle external applications in the
FAH.
Reporting Platform: Transfers Oracle E-Business Suite
and PeopleSoft General Ledger balances to the Oracle

Oracle Hyperion
Planning Fusion Edition

Oracle Hyperion
Financial Management,
Fusion Edition

Oracle Fusion Accounting Hub

Oracle JD Edwards
and Other
General Ledger

Oracle Fusion
Sub Ledger Accounting

Oracle Fusion
General Ledger

Non Oracle External

Applications
Oracle Fusion
Sub Ledgers
Application Co-existence Integration

Oracle People Soft

General Ledger

Oracle E Business
Suite
General Ledger

Financial Accounting Hub to leverage multi-dimensional

financial reporting tools and real-time analytics.

Single system to support all

Financial management and
analytical needs, consisting of
n
Fusion General Ledger
n
Fusion Sub Ledger Accounting
n
Allocation Manager
n
Financial Reporting Center
n
Financial Reporting
n
Adhoc Analysis
n
Account Reconciliation
n
Dashboard and Online
Enquiry

Oracle Hyperion
Data Relationship
Management

Benefits

Simplify issue resolution with process optimization:

Proactively monitor account balances, and notify users
of sudden spikes or drops based on user-defined
thresholds.

TCS solution enables you to:

The TCS Advantage

Gain real-time access to live financial data and

reports: Provide users with self-service access to live
financial reports that they are authorized to view.
Offer boardroom-ready financial statements and
departmental reports in the output format of choice.

The TCS FAH solution enhances business efficiency

while reducing your total cost of ownership (TCO).
Our offering is differentiated by:

Store analytic information with accounting for

reconciliation and reporting: Leverage the rules
repository to define and maintain accounting rules.
Create, validate, and store accounting journals with a
rules transformation engine; and reconcile to source
systems with a detailed accounting repository.
Meet compliance standards: Ensure adherence to
compliance and industry accounting requirements
through a single source of accounting truth for all
external and legacy systems.
Rapidly integrate data of companies acquired
through mergers: Seamlessly integrate new industryspecific systems or recently acquired companies into
your existing environment with reduced risk.

A standard guided process flow: A demo storyboard

reduces your future system design time by providing
you with a pre-created platform to help decide on the
required future process flow.
A detailed questionnaire: Our Discovery Questionnaire
ensures that the system design does not overlook any
related or impacted area, reducing the number of
iterations required to finalize the design and expedite
system implementation and time to value.
Ready-to-use primary test scripts: TCS proven test
scripts help reduce testing time and ensure complete
scope coverage, leading to faster user acceptance
through more robust testing.

About TCS Enterprise Solutions

With one of the most powerful IT consulting and services portfolios in the world, TCS' Enterprise
Solutions help companies optimize data and workflow, manage risk and compliance, increase
operational efficiency and productivity, and reach peak performance.
TCS Enterprise Solutions drive business transformations, empowering our clients to take
advantage of emerging opportunities and market dynamics. From IT strategy and
transformation to enterprise-wide software applications, we optimize technology and business
processes. Through our Centers of Excellence and Innovation Labs, coupled with our functional
business expertise, we develop custom industry solutions and accelerators. Our proven,
repeatable and scalable methodology enables enterprises to realize the maximum business
value from investments.
Our success is bolstered by long-term strategic alliances with the worlds most advanced
business software companies, helping us deliver better, faster, and more cost-effective
solutions.

Contact
To know more about the TCS Fusion Accounting Hub Solution, contact
Entsol.OracleCoE@tcs.com

About Tata Consultancy Services Ltd (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that
delivers real results to global business, ensuring a level of certainty no other firm can match.
TCS offers a consulting-led, integrated portfolio of IT and IT-enabled infrastructure, engineering
and assurance services. This is delivered through its unique Global Network Delivery ModelTM,
recognized as the benchmark of excellence in software development. A part of the Tata Group,
Indias largest industrial conglomerate, TCS has a global footprint and is listed on the National
Stock Exchange and Bombay Stock Exchange in India.

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