We connect accounting and financial management for banks and insurers on Oracle

We implement Oracle ERP Cloud, with a focus on Accounting Hub (AHC/FAH), and Oracle EPM Cloud as a single chain. Our specialists join your consultancy's team or work directly with your institution.

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Where a margin comes from

A mortgage loan, from the core system to the margin

Core systemOracle ERP CloudOracle EPM Cloud

Event detail

Comes from: The loan core system
Records: Contract, product, date and amount of each operation
For example: The daily interest accrual on a loan

Journal entry detail

Rule: Mortgage interest accrual
Debit: Interest receivable
Credit: Interest income
Source: The core event that generated it

Oracle ERP Cloud: Accounting Hub Cloud (AHC)

General ledger detail

Account: Interest income on mortgage loans
Balance: The sum of the period's entries
Source: Each entry, with its event

Oracle ERP Cloud: general ledger

Margin detail

Accounting data: Interest income from the general ledger
Assumption: Cost of funds at the transfer rate
Explained down to: The accounting data and the assumption behind it

Oracle EPM Cloud: Profitability and Cost Management

Schematic. Pick a step to see its detail.

From the transaction to the decision

At each link, what we do with your consultancy and with your institution.

1 Account for the detail of every operation

Every core-system event becomes an entry with centralized rules, traceable to its origin. Without this detail, everything downstream is computed on balances nobody can explain.

Journal entries generated by accounting rule in September

Illustrative example with fictitious figures.

For consultancies

Accounting Hub architect or functional lead inside your team
Accounting rule design by product and event
Integration of core systems as sources

For companies

Assessment of the accounting flow and its rules
Technical review of the AHC/FAH configuration

Oracle platform: Oracle ERP Cloud: Accounting Hub Cloud (AHC) and Financials Accounting Hub (FAH)

2 Record and close with confidence

The general ledger receives the entries, reconciliations are automated and the close is consolidated. Financial and regulatory reports come from a single source.

Monthly close calendar, in business days

Illustrative example with fictitious figures.

For consultancies

Financials functional lead: ledger, payables, receivables, assets and cash
Reconciliation and close implementation in EPM
Testing and go-live of the first close

For companies

Assessment of the close process and manual reconciliations

Oracle platform: Oracle ERP Cloud and Oracle EPM Cloud: Financial Close and Account Reconciliation

3 Measure real profitability

With detail at contract, customer and channel level, revenue, costs and capital are allocated. You know which product earns and which one loses, and why.

Mortgage loan margin in September, in millions

Illustrative example with fictitious figures.

For consultancies

Design of revenue, cost and capital allocation models
Integration of accounting detail with the profitability model
Validation of results by product, customer and channel

For companies

Assessment of current profitability and its assumptions
Implementation of the profitability and cost model

Oracle platform: Oracle EPM Cloud: Profitability and Cost Management

4 Plan and compare against the plan

Budget and forecasts loaded on the same accounting structure, to see real variances and simulate scenarios without rebuilding spreadsheets.

Interest income, actual against plan, in millions

Illustrative example with fictitious figures.

For consultancies

Planning functional lead inside your team
Budget and forecast models on the accounting structure
Scenarios and actual-versus-plan comparison

For companies

Assessment of the budgeting process
Budget and forecast implementation

Oracle platform: Oracle EPM Cloud: Planning

5 Decide with indicators that explain themselves

Management dashboards and close narrative fed by the whole chain.

Close indicators and how far each one is explained

Indicator	September	Explained down to
Interest income	4.82 M	The journal entry and the core event
Net interest margin	2.90 M	The accounting data and the cost-of-funds assumption
Product contribution	1.47 M	The accounting data and the cost allocation
Variance against plan	+0.04 M	The accounting data and the approved budget

Illustrative example with fictitious figures.

For consultancies

Dashboard and KPI design across the whole chain
Regulatory reports from the general ledger
Close narrative for leadership

For companies

KPI definition on the accounting base, with documented lineage
Management dashboards for finance

Oracle platform: Reporting and analytics in Oracle ERP Cloud and Oracle EPM Cloud

Cross-cutting services

Getting there: migration and transformation

Moving from E-Business Suite and FAH to Oracle Cloud, and solution architecture.

Keeping it running: support, optimization and training

Oracle platforms in production: stabilization, improvements, infrastructure migration and autonomous teams.

Two ways to work with Nuvik

For consultancies and Oracle partners

Specialized capacity that plugs into your project teams: by project, by the hour or as team extension. Under a confidentiality agreement and with no direct commercial relationship with your client. Remote work for the whole region, on site when a project milestone calls for it.

Let's talk about your next project

For companies, as a specialist

Assessment and technical review of accounting and close
Training for accounting, finance and technology teams
Support and optimization of Oracle platforms in production
Independent advice on selecting and quality-controlling the integrator

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Understand the business

The financial product and its accounting, before touching a single rule in Oracle.

Manage with method

Scope, risks and timelines with PMP discipline and direct communication with decision makers.

Transfer the knowledge

Documentation and handover so the platform never depends on us.

Projects our specialists have led across the region

They led them as project managers and solution architects.

institutions with Accounting Hub projects: 9
years in finance projects for banking and insurance: +20

Bank, PeruThe full chain: accounting integration of legacy systems, reconciliations, profitability, budgeting and close monitoring.
Bank, MexicoDetailed accounting at contract level, with operational-to-accounting reconciliation at the same level.
Bank, ColombiaAccounting integration of the core applications and automated reconciliations.
Insurers, Peru and GuatemalaAutomated accounting integration of the core insurance applications.
Bank, EcuadorAccounting integration with legacy systems and a balancing and reconciliation module.
Airline, ChileAccounting integration of ticket and cargo sales with Oracle ERP Cloud, under a single set of accounting rules.

Team education and certifications PMP, MBA, Master in Fintech, MIT Professional Education, Computer engineering

Project countries and industries

Source: projects led by our specialists.

Artificial intelligence at every link

AI that already ships with Oracle

We activate it, train it on the client data and govern it.

Ledger agent that flags anomalous entries before close
Anomaly detection in reconciliations with Account Reconciliation
Predictive planning with machine learning in EPM Planning
Intelligent document recognition in payables
Automatic narrative for close and reports

Nuvik's own accelerators

AI-assisted design and documentation of Accounting Hub rules
Test case generation and validation of core-to-accounting mappings
Natural-language questions over the ledger and profitability

Let's talk about your project

Tell us what you need to solve in your finance platform. A first 30-minute meeting is enough to know whether we can help.

Book a meeting Request a proposal

hola@nuvikdigital.com