Challenge
- Legacy finance systems were outdated
- Heavy reliance on spreadsheets for modelling
- Manual processes were cumbersome
Solution
- Oracle EPM Cloud
- Planning
- Profitability and Cost Management
- Financial Consolidation and Close
- Oracle ERP Cloud
Benefits
- Efficient forecasting with transparency into details
- Better visibility and accuracy due to single, integrated platform for long-range financial, workforce, project, and capex planning, as well as reporting
- Single metadata across GL and planning system eliminates confusion and reduces maintenance requirements