Business Challenges
- Rapid company growth led to no longer capable of keeping up with financials and procurement requirements with the previous outdated and integrated ERP systems
- Outdated ERP system led to unnecessary costs and risks
- No standardized or centralized processes
- Insufficient insight prevents achieving profitability and cost goals
- Limited financial insight and incomplete Chart of Accounts (COA)
Solution
- Oracle ERP Financials Cloud
Impact
- Improved self-service functions for end users including expenses, approvals, and reporting
- Provided real-time results and visibility for the executive team
- Reduced technology spend supporting their back-office functions
- Increased visibility, real-time reporting, and reduced costs