Solution scalability drives growth with Oracle Cloud

Region: North America

Technology solutions

• Oracle SaaS (Financials, Procurement, EPM- FCCS)
• Oracle Integration Cloud Service

Business need

• Client needed to advance existing ecosystem and drew out a digital roadmap to bring greater efficiency in operations
• Needed to manage a scalable platform that would move in tandem with its mergers and acquisitions
• Extensive exercise of transforming existing systems to a better ERP solution to handle the specific requirements
• Revised processes would need to be built to minimize the change impacts for the large shared-services team
• Required different development, enhancement, and release cycles for critical business processes across six third-party solutions, including HighRadius, Billtrust, , Metastore, TMS), Core Commission, and Planning
• Logistics drove significant data volumes per day, including: 2,000 customers, 6,000 AR invoices, 3,000 receipts, 7,000 AP invoices, and 2,000 credit checks per day
• Needed to complete document transfer between systems including invoice PDFs, proof of delivery PDFs, and check images
• For cases where shippers are suppliers, they needed a flexible and dynamic AP payment terms and discounts.

Solution

• Assessed client’s current IT landscape and designed transformational journey
• Proposed scalable solution using Oracle Cloud Financials and Oracle Procurement Cloud. The solution included the Financial Consolidation and Close (FCCS) module and cloud-based integration architecture (Oracle Integration Cloud)
• Leveraged proven CloudNow Transform methodology to deliver benefit-focused solutions and offered a highly collaborative experience designed to eliminate risks
• Built an industry-specific PaaS solution for AP factoring, ensuring the latest technology stack for back-office support (operations) and a scalable platform to aid the client’s mergers and acquisitions goals
• Provided automation services for 80 test cases for regression testing
• Oracle Integration Cloud (OIC) was used for 54 integrations with nine third-party systems
• File-Based Data Import (FBDI) and HCM Data Loader (HDL) for Historical Data Conversion
• Converted 11 entities with 1.3 million records in setups and transactions

Benefits

• Built using the latest Oracle Cloud technology, a step towards a cloud-technology landscape
• Offers scalability to bring acquisitions and mergers on the same platform
• Unique industry solution for AP factoring that was not out-of-the-box from Oracle
• Error and audit log as-a-service for integrations
• Industry-standard automated processes with no manual intervention
• Enabling end-to-end procure-to-pay process, which was managed manually
• Seamless integration between Oracle Cloud and third-party applications