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 EPM platform drives greater efficiency at $6B Global Financial Services firm
Business Challenges Planning and Reporting Support – Previous system did not appropriately support all the needs of the IT finance division and had scalability concerns in becoming a corporate-wide tool Manually Intensive – All planning-related tasks were conducted offline in Excel, including data entry and calculations Lack of Integration – Disconnected data feeds made planning […]
Cloud solution helps streamline and enhance the planning process for $300M Dairy co-op
Business Challenges Lack Analytical Insights – Existing technology did not provide the ability to derive underlying insights into the business Manually Intensive Process – Financial planning process relied entirely on Excel spreadsheets Solution Enterprise-Level Planning – Utilized best-in-class technology and business processes to replace the Excel-driven planning process with a solution that included: Custom Chart […]
Executive dashboards and reporting improves insights through Oracle Analytics Cloud for $2B commercial Real Estate firm
Business Challenges Inefficient Process – Significantmanual effort required to produce consolidated reporting across all lines of business, including key operational drivers Siloed Reporting and Analytics – Lacked a central repository for customer mapping and global consolidated customer reporting across all LOBs Difficulty “Drilling Down” – Lacked ability for FP&A to drill from account level data […]
Enterprise planning and budgeting cloud solution (EPBCS) helps insurance firm make faster, more informed decisions
Business Challenges Manual Planning Process – Limited time for value-added analysis due to cumbersome manual efforts Limited Integration with Existing Systems – Legacy ERP integration with planning and reporting process was sub-optimal and did not support future growth of the firm Disparate Non-Scalable Models – Lacked a centralized planning and reporting model to provide a […]
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 […]
Financial Consolidation and Close Cloud Solution (FCCS) enables “one version of the truth” reporting at $18B private equity firm
Business Challenges Manually Intensive Process – Close and consolidation processes were heavily dependent on multiple Excel workbooks Lack of Transparency – Limited visibility into base level entity financials Disconnected Systems – Consolidations and reporting systems lacked proper integration Solution Implemented Integrated Solution – Used Oracle Financial Consolidation and Close Cloud (FCCS) to streamline reporting Enhanced […]
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 […]
EPM Cloud platform improves resource planning, budgeting and close process at global Risk Management Insurance firm
Business Challenges Excel-Based Manual Processes – Planning and close processes dependent on multiple Excel workbooks No Process Integration – Lack of integration between budgeting, consolidations, and reporting processes Limited Automation and Standardization – Calculation and allocation reporting inconsistencies led to inaccurate and non-repeatable financial processes Solution Integrated Cloud-Based Solution (Oracle FCCS and EPBCS) – Budgeting, forecasting, and […]
Use of cloud shortens close cycle and provides detailed financial reporting for global leader in Precision Data and Recording company
Business Challenges Manually Intensive Process – Heavy reliance on manual processes and Excel to perform consolidations and other close activities, such as foreign currency translation, intercompany eliminations, and cash flow Lengthy Monthly Close – Lack of data integration and reporting tools extended the monthly close process Solution Enhanced Data and Reporting Capabilities – Supported generation […]