Oracle® Federal Financials is a Commercial Off The Shelf (COTS) financial management solution.
Using “Off The Shelf” functionality as a baseline, the Interior Business Center implements and maintains a pre-configured version of Oracle® Federal Financials that incorporates processes common to Federal agencies. The application is hosted in a shared environment.
In addition to the integrated modules that make up the core financials solution, the pre-configured version supported by the Interior Business Center also includes a set of standard reports, which provides general data elements that are used by most Federal agencies.
The Interior Business Center supports Oracle® Federal Financials for non-DOI customers.
Oracle® Federal Financials Modules:
Federal Administrator, Purchasing, iProcurement, Procurement Contracts, Accounts Payable, Project Costing and Billing, Assets, Receivables, General Ledger, Discoverer, Daily Business Intelligence.
Contract Lifecycle Management:
Contract Lifecycle Management (CLM), a comprehensive contract management solution, builds on the advanced procurement capabilities within the Oracle E-Business Suite 12.1. Oracle Contract Lifecycle Management delivers clear visibility into procurement contracts helping to achieve compliance with federal mandates.