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Business Challenges Outdated Systems – Needed to “Lift and Shift” their current on premise Hyperion Planning application to Oracle EPM Cloud Inefficient Processes – Financial processes for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 […]
Leading US Used-car Retailer reduces actuals processing time to 30 minutes with Oracle Cloud
Business Challenges Multiple On-Premise Tools to Support Planning Process – Used a mixed environment of on-premise planning tools and Excel to complete Annual Budgeting, Quarterly Forecast and Long-Range Planning Multiple Hierarchies – Legacy environment utilized a custom built GL Data Mart as the source for data and hierarchies which posed numerous challenges to the FP&A […]
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Business Challenge Limited Flexibility and Antiquated Process – Outdated Budget process based in Excel led to corrupted files and lack of knowledge transfer Labor Intensive Offline Planning Process – 40+ managers involved in the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 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 […]
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 […]
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 […]