Hybrid EBS & ERP Cloud enables local statutory compliance & real-time reporting at Multinational High Tech Company
Business Challenges Localization and Statutory Requirements – Multinational organization with locations in China, Korea, Japan, Singapore, LATAM and EMEA Global Delivery/Rollout – Different cultures and time zones (Asia and US) made collaboration and project organization a key requirement for success Time Sensitive – Requested an aggressive timeline, needing to implement faster than any previous Oracle […]
Oracle ERP Cloud centralizes accounting and automates customer billing & fixed assets depreciation for Renewable Energy Company
Business Challenges Lack of Integration in Tracking Tools – The finance team tracked all portfolio transactions through QuickBooks, while all fixed assets were tracked in Excel Cumbersome Reporting – Difficult to generate Financial and Management Reports due to reporting limitations across the Chart of Accounts and various desired management views of the portfolio Scalability – […]
Cloud solution improves accounting and FP&A at emerging Biotech company
Business Challenges Siloed Systems – Employees manually aggregated data from various systems for reporting purposes, leaving no time for value-added analysis Labor Intensive FP&A – No systematic way to process finance and accounting data Planning and Analysis processes were manually intensive and significant effort was required to maintain offline Excel models; information was not readily […]
Oracle ERP Cloud prepares emerging biopharma company for hyper growth
Business Challenges Readiness of ERP System for Company Growth – Prior technology was implemented before company was primed for commercialization and had several limitations such as: flexibility of chart of accounts, data model restrictions, and limited capabilities for multi-country/multi-GAAP Lack of Integrated Platform – Growing from a pre-revenue company to a multi-billion dollar one brought […]
Cloud solution improves procurement process and reporting capabilities at cancer treatment developer
Business Challenges Disparate, Stand-Alone Systems – Drain on finance team’s productivity to aggregate and analyze data from various systems for reporting purposes, leaving little to no time for value-added analysis Labor Intensive Purchase Order Process – No systematic way to create purchase orders from requisitions without constant manual intervention Poor Subledger to General Ledger Reconciliation […]
Oracle ERP Cloud and PaaS transforms processes and creates leverage at large Global Energy Transportation company
Business Challenges Reporting Limitations – International Seaway’s Finance team struggled with inflexible E-Business Suite reporting tools that did not sufficiently support the business Changing Business Structure – After a divesture, International Seaway’s on-premise solution did not optimally meet the needs of the organization for scalability and flexibility Solution Oracle ERP Cloud – Digitally transformed their […]
Oracle ERP Cloud enables renewable energy company to realize a centralized ledger and automate fixed assets depreciation
Business Challenges Lack of Integration in Tracking Tools – The finance team tracked all portfolio transactions through QuickBooks, while all fixed assets were tracked in Excel Cumbersome Reporting – Difficult to generate Financial and Management Reports due to reporting limitations across the Chart of Accounts and various desired management views of the portfolio Scalability – […]