Global Restaurant Group reduces IT reliance by integrating retail and strategic planning with Oracle EPM Cloud
Business Challenges
- Outdated Systems – Needed to “Lift and Shift” their current on premise Hyperion Planning application to Oracle EPM Cloud
- Inefficient Processes – Financial processes for their Annual Budget and Quarterly Forecasts were inefficient
Solution
- Migrated Hyperion Planning application to Oracle EPM Cloud – Enabled two environments (Dev/QA and Product) via EPM Cloud for planning and reporting
- Enabled Easy Adoption – Supported the end-users as they adopted the solution and its related reporting and analytic functions by conducting User Acceptance Testing
- Automated Processes – Converted data load processes to FDMEE and all batches to EPM Automate to automate previously manual and time-consuming processes
Impact
- Reduced Reliance on IT Infrastructure – Eliminated the need to support and maintain hardware and associated services with the on premise solution
- Scalable, Extensible Solution – Oracle EPM Cloud can be leveraged as the organization and processing needs grow
- Easily Administered Solution – Ensured the solution can be maintained by the organization on a go-forward basis
- Improved Forecast Accuracy – Oracle EPM Cloud supports Financial Planning Processes for Annual Budget and Quarterly Forecast
