By Admin / October 27, 2020
About The Customer
The customer is a leading manufacturer of engineering, mining and construction productions. With an extensive business presence spread across 7 regions in North America, they had implemented Oracle Enterprise Performance Management (EPM) Cloud and JD Edwards Enterprise One solution.
Business Requirement
The business was facing issues with the budgeting and planning functions. Previously, the functions were dependent on manual processing such as spreadsheets and outdated budgeting apps. This caused an unclear visibility of accounts leading to faulty decision making and numerous other inconsistencies. The business approached Apple Consulting Group (ACG) for a total revamp of their solution that could help them forecast more effectively. Given our vast experience in professional Oracle EPM services in US, we helped the business in safe and skillful resolution.
Approach
The ACG teams engaged into a series of discussions with the customers to learn their process landscape. Since it was a hybrid model of JDE and Oracle EPM cloud, we performed rigorous gap analysis before finalizing upon the most efficient tool. We concluded the following essential pointers –
The business needed to reduce the system consolidation time
The business needed to completely eliminate manual processes
More effective planning and budgeting integration with EPM needed
Solution Implementation
ACG integrated the business system’s General Ledger accounting from JDE to Oracle EPBCS. This would help the business streamline the planning processes and thereby achieve greater visibility all across the enterprise verticals.
The customer was able to fully leverage the benefits of the Oracle EPM cloud with synchronization with the JDE functions. As the Oracle EPM cloud gains wider spread in the system, the customer would benefit from a contemporary approach finance management and stay in compliance with the trends for upcoming years.
As an expert Oracle EPM Cloud services provider, we performed an end-to-end implementation of the solution in less than 5 weeks of time. Not to miss, proper emphasis was laid on minimum hindrance to the current system in processing while the integration as being done.
Post Implementation Benefits
With a completely improvised management process in place, the customer was able to seamlessly replace cumbersome manual processes of tracking multiple spreadsheets. This not only helped in risk mitigation but also produced lesser errors. Not to miss, the solution helped the business reduce the total cost of ownership while providing a modern platform for the business leaders to drive critical decisions.