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The Art of Implementing Financial Close Manager (FCM) and Account Reconciliation Manager (ARM) at an Oil & Gas Client
Topic: Financial Close
Owner: Tina Tymczak
Date: 2014-07-16
Subtopic: Case Studies

Implementation of FCM at an independent Oil and Gas company presented unique challenges as this triggered financial infrastructure and business process redesign. See a real-world example of how FCM can now effectively track the close process as well as the account reconciliation process. Some important requirements include the ability to quickly identify the roadblock during the close process, identify the challenges with specific account reconciliations, and effectively and efficiently manage the entire close process from beginning to end. This is particularly beneficial when trying to increase the effectiveness and efficiency of the entire close process. The solution includes the seamless integration of FDM EE, HFM, ARM, and the Pioneer Natural Resources Data warehouse.

Download File   ttymczak.TheArt.pdf

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