InfoMoksha releases industry-first automated financial period close application

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InfoMoksha, a financial period close process management and orchestration application company, today announced the release of version 3 of its Powerclose application with an industry-first automated period close functionality.

The new version provides the capability to schedule close activities including dependency-based task triggers thus enabling companies to have Powerclose execute financial period close through a series of automated tasks with email and/or SMS notification of completion or issues requiring resolution.

Fully integrated with all versions of Oracle EBS through both cloud and on-premise models, Powerclose is the only application in the market today offering automated close functionality. This will not only enable customers to save time and resources on routine system related close activities and shorten overall close cycle time, but also provide much-needed bandwidth to focus on analysis, policies and procedures, and compliance.

According to Nathan Swaminathan, founder and CEO of InfoMoksha, "We are delighted to be first to market with such critical and advanced productivity enhancement capability.”

Some of the key features of Powerclose include, in addition to automated task execution, built-in process management workflow, integration to all modules of Oracle EBS, Balance Sheet account reconciliation management with built-in Excel integration with version control and full Oracle drill-down, cross entity dependency management, and MS Office, Outlook and Google Docs integration. With icon based user interface and discussion and messaging platforms, PowerClose transforms enterprise application user experience on par with social apps.

About InfoMoksha
Based in Los Altos, California, InfoMoksha is an enterprise software company offering business process software applications and consulting services. For more information, visit us on the web at http://www.infomoksha.com.

Media Contact: Swami Varadan - 408-893-8294 or email at contact(at)infomoksha(dot)com

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Bhiman Swaminathan
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