If your finance team “closes” the books but spends the next 10 days cleaning up mismatches, chasing approvals, and rebuilding reports in Excel — you don’t have a close problem. You have an exception management problem.

Year-end makes it worse:

• accruals spike

• audit evidence is demanded immediately

• intercompany gets messy

• reconciliations multiply

• management wants numbers yesterday

Oracle Fusion Financials can compress the close dramatically but only when it’s designed as a controlled process, not a collection of modules.

At Digile, we implement Oracle Financials with one objective:
Turn month-end and year-end close into a predictable system, driven by workflows, controls, and real-time reconciliation, not heroics.

Why Enterprise Close Cycles Stay Long (Even After “ERP Implementation”)

Most organizations lose days at close because of these repeat offenders:

1. Late subledger accounting (AP/AR/Assets/Projects not fully posted)

2. Manual accruals and reversals living in spreadsheets

3. Bank + clearing reconciliations dependent on individuals

4. Intercompany balancing and eliminations done at the last minute

5. No structured close ownership (tasks are “tribal knowledge”)

6. Reporting built after close instead of embedded into the process

The fix isn’t “work harder.”
The fix is designing the close.

Digile’s Close Acceleration Playbook in Oracle Fusion

1) Make Close a Managed Workflow (Not an Email Chain)

Oracle capability: Close orchestration + role-based controls + dashboards

Digile sets up:

- A standardized close calendar (monthly + quarter + year-end)

- Ownership per activity (AP close, AR close, FA close, GL close, reporting)

- Dependencies (you cannot finalize step B until step A is completed)

- Real-time visibility for controllers and CFOs

Result: close progress is trackable; delays surface early; accountability is clear.

2) Keep Subledgers “Close-Ready” — So GL Isn’t Waiting

Oracle capability: Subledger Accounting (SLA), automated accounting, transfer to GL, exception monitoring

Digile configures:

- Clean accounting rules (SLA) and posting cadence

- Controls to prevent “stuck transactions” from quietly piling up

- Exception-based monitoring (focus only where something broke)

Result: GL isn’t a month-end garbage collector. It becomes a final consolidation layer.

3) Reduce Manual Journals with Journal Automation + Governance

Oracle capability: recurring journals, auto-reversal, journal workflows, spreadsheet upload controls, audit trails

Digile designs:

- Recurring journal schedules for predictable entries

- Auto-reversal policies for accruals (so reversals are not “forgotten”)

- Approval routing based on materiality, ledger, cost center, business unit

- Validations to catch wrong accounts, invalid segments, or incomplete support

Result: fewer manual errors, faster approvals, and cleaner audit evidence.

4) Move From Spreadsheet Reconciliations to System Reconciliations

Oracle capability: bank reconciliation and reconciliation governance (often paired with Oracle EPM Account Reconciliation in mature close programs)

Digile enables:

- Standard reconciliation templates by account type (bank, clearing, payroll, tax, intercompany, GR/IR)

- Assignment of owners and approvers

- Aging and exception tracking

- Attachment of supporting evidence and audit trail

Result: reconciliation becomes continuous. Month-end becomes confirmation, not detective work.

5) Fix Intercompany at the Process Level, Not at the End

Oracle capability: intercompany processing, balancing, automated settlements, consistent segment structures

Digile implements:

- Intercompany rules and “how it should flow” across entities

- Automated balancing and controlled settlement timing

- Reporting that highlights mismatches early, not after close

Result: fewer last-minute intercompany disputes and faster consolidated reporting.

6) Deliver Reporting the Moment Close Happens — Not a Week Later

Oracle capability: real-time financial reporting, drill-down from statements to transactions, BI Publisher packs, analytics

Digile builds:

- CFO-ready close packs (P&L, BS, cash, variance, working capital)

Drill-down capability for controllers and auditors

- Standard definitions (so every entity reports with the same logic)

Result: reporting becomes a product of the close, not an additional project after close.

Industry Focus: What This Looks Like in the Real World

Manufacturing: Close Killers We Remove

Manufacturers typically bleed time on:

- GR/IR and clearing accounts

- Inventory valuation and cost movements

- Asset-heavy depreciation cycles

- Multi-plant, multi-ledger postings

- Freight, duty, landed cost allocations

How Oracle + Digile helps:

- Controlled GR/IR and clearing governance

- Clean accounting through SLA and automated posting cadence

- Close dashboards showing exactly what is pending by plant/entity

- Reconciliation ownership + evidence for audit

Impact: faster close with fewer “where did this variance come from?” escalations.

Real Estate / EPC / Projects: Close Killers We Remove

Real estate groups lose time on:

- Project cost allocation and capitalization logic

- Revenue recognition timing and adjustments

- Lease accounting treatments

- Multi-entity reporting and consolidation

- Investor and lender reporting deadlines

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How Oracle + Digile helps:

- Structured project close activities and approvals

- Automated accruals + reversals for project-driven accounting

- Econciliations that preserve evidence and sign-off trails

- Close packs built to align with investor/audit asks

Impact: faster, cleaner reporting with audit-ready control.

What Enterprises Get When Digile Implements Oracle for Close Acceleration

This is not “module go-live and good luck.” Digile delivers:

- A defined close calendar with ownership

- Aclose dashboard for leadership visibility

- Reduction of manual journals via automation policies

- Reconciliation governance and evidence management

- Subledger-to-GL stability and exception tracking

- Reporting packs that are ready immediately after close

The goal: fewer late nights, fewer surprises, fewer audit issues — and faster financial decisions.

A Quick Self-Check: Are You Ready for a Faster Close?

If you answer “yes” to 3 or more, your close is leaking time:

- We rely on spreadsheets to track close status

- We post major accruals in the last 48 hours

- Intercompany mismatches are resolved after period end

- Reconciliations depend on specific individuals

- Reporting takes multiple days after close

- Auditors request evidence that takes days to compile

Oracle Fusion can fix this — if implemented with close design as the priority.

Year-End Is the Right Time to Fix This

Year-end reveals what month-end hides. If your close cycle is long, error-prone, or exhausting, it’s not a staffing problem — it’s a system + governance problem.

Digile helps enterprises use Oracle Fusion Financials to turn close into a predictable, controlled process that scales with the business.

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Want a Close Acceleration Assessment?

Digile can review your current close pain points and map them to Oracle Fusion capabilities to reduce close time, speed reconciliation, and improve reporting turnaround.

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