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DOI: https://doi.org/10.63345/ijrmeet.org.v13.i5.130505
Kavita Thakur
Independent Researcher
Gurgaon, India
Abstract
The rapid evolution of cloud computing has reshaped the financial landscape, enabling multi-national corporations to enhance their financial consolidation and reporting processes. Oracle Cloud, as a leader in enterprise cloud solutions, has significantly influenced how organizations integrate data from multiple jurisdictions, streamline reporting workflows, and ensure regulatory compliance. This manuscript examines Oracle Cloud’s role in improving data accuracy, accelerating reporting cycles, and reducing operational costs. Through a comprehensive literature review and a mixed-methods approach combining quantitative performance metrics and qualitative insights, this study evaluates the impact of Oracle Cloud on financial consolidation practices across global enterprises.
The findings highlight that Oracle Cloud not only promotes efficiency and transparency but also offers strategic advantages in managing financial complexities inherent in multi-national operations. Finally, the paper discusses the implications of these findings for practitioners and future research directions.
Keywords
Oracle Cloud, Financial Consolidation, Reporting, Multi-National Corporations, Cloud Computing
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