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Oracle Services
Financials

Enhance Functional Capabilities in Finance

L&T Infotech offers functional capabilities in Finance that cover global expertise and critical local specializations across US, Latin America, Europe, Middle East and Asia- Pacific. Our consultants have in-depth knowledge in local practices, as well as in the norms of global consolidation.

Our Financial Management Solution is tailor-made to handle the financial close of multi-location companies, irrespective of language and currencies. At the operations level, our solutions facilitate - reporting, reconciliations, banks-interfaces, receipt handling and payments.

Our Offerings
  • Simplify complex and stringent requirements of complying with Manufacturing Tax Calculation, using our domain solutions.
  • Automate Dematerialization and Account Payables Process with our multi-option offering.
  • Simplified path to control and accelerate Financial Close process with our Financial Cockpit Solution.
  • Integrate ERP with mobile customer receipt transactions from receipt counters.
  • Handle your bill discounting requirements with automated solution, using configurable options depending on the Banker.
SOLUTIONS

Financial Cockpit

  • The solution is applicable to global / multi-location users, where accounting function and closing is carried out at multiple centers. Developed on native ERP tolls, Financial Cockpit:
  • Provides a real-time dashboard to CFO / Controller on the status of financial close by Country / Business Unit / Domain / Process.
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  • Tracks all Automated / Manual processes & dependencies for periodic close.
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  • Assists Planning and Reporting at every stage of Periodic account closure.

Automatic Account Reconciliation

  • The Solution is developed to reconcile multiple accounts through batch mode, based on user-defined parameters and tolerance limits.
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  • Accounting entries are automated based on tolerance limits, on final run of the reconciliations, and works across multiple ledger types.
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  • The solution is completed with the accompanying Integrity Reports.