From Kishore's Desk..

Background (What is Accounting Hub Cloud?) Oracle Fusion Cloud Accounting Hub is a robust accounting engine that integrates and aligns information from virtually any source system to consistently enforce accounting policies and meet multiple reporting requirements, giving you the agility, control, and insight needed to run your business. As an integrated accounting platform, Accounting Hub standardizes the accounting from multiple third party transactional systems to consistently enforce accounting policies and meet multiple reporting requirements in an automated and controlled fashion, and with minimal disruption to existing financial processes. The core capability of Accounting Hub is the robust accounting engine, delivering flexible configuration that captures rich elements from your existing business systems Accounting Hub improves the agility of finance organizations with a simple process for integrating source systems into one enterprise-wide accounting platform and reco...

Usecase We often see that many organizations may not be in a position to adopt entire suite of Oracle SaaS applications and completely replace their existing application portfolio, rather organizations can successfully pursue coexistence strategies by selective uptake of cloud offerings that serve as a logical extension to their existing solutions. Oracle Sourcing is the next generation application for smarter negotiations with the suppliers.  Sourcing cloud is an integral part of the Procurement Cloud and is generally implemented with other Procurement cloud products like Purchasing and Supplier Portal. Sourcing cloud can also be implemented as a standalone offering with other cloud/on-premise Procurement applications, that makes an ideal coexistence scenario. In such coexistence scenarios, organizations across the world face typical challenges as how to create/synchronize master data and transactional data across different systems within the organization. Supplier data can flow ...