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 – […]
Non-Profit Health Center’s shift to EPM Cloud reduces Budget cycle by 40%
Business Challenge Limited Flexibility and Antiquated Process – Outdated Budget process based in Excel led to corrupted files and lack of knowledge transfer Labor Intensive Offline Planning Process – 40+ managers involved in the budgeting process led to long lead time and inconsistency in data collection Siloed Processes – Lack of integration between departments, data […]
Cloud solution standardizes enterprise-wide clinical trial forecasting and increases accuracy at multinational pharmaceuticals company
Business Challenges Enterprise Gap – In-flight finance transformation initiative had a gap with respect to clinical trials forecasting; major need to quickly create cloud-based application to fill capability gap Siloed Business Processes – Knowledge of forecasting methodologies siloed and not consistent across the enterprise Poor User Experience – Difficulties with user experience in current solutions […]
P&L, workforce planning and shared cost allocations help $3B+ Insurance company achieve faster budgeting and reporting
Business Challenges Disconnected P&L and Workforce Planning (M&A) – Planning was a decentralized process with a combination of Excel spreadsheets and siloed data entry stemming from dozens of acquisitions Excessive Consolidation & Reporting Time – Herculean effort to produce manual reconciliations, consolidations, and reporting in legacy Cognos system Manual Allocations – Manual allocation process required […]
Connected data enables better reporting and forecasting at $1.6B construction products technology company
Business Challenges M&A Tracking – Manual Excel templates were not keeping pace with M&A activity; FP&A riddled with version, performance and data consistency issues and took large amounts of effort and time to validate and coordinate Disconnected Planning, Backwards Looking – Planning across the organization was decentralized, requiring extensive manual reconciliation and consolidation efforts and […]
Cloud solution enables Not-for-Profit Higher Ed to simplify and accelerate Demand, Workforce, and Operational and Financial Planning
Business Challenges System Scalability to Accommodate Massive Growth – Unlocking the online market, the university saw student enrollment growth of 433% over a 5-year period and as a result experienced challenges with outdated systems and processes. Lack of Data Transparency and Collaboration – Disparate systems and data sets created a silo-ed structure in which collaboration […]
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 […]
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 […]
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 – […]