Financial Services

Regional Bank Account Reconciliation

This community bank, established in 1901, has over $4 billion in assets and 340+ locations. It faced challenges with manual reconciliation processes. Implementing Oracle Cloud EPM improved accuracy and speed, reducing the close process from 2.5 weeks to one week by automating data loads and reconciliation tasks.

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Regional Bank Cloud EPM Migration

This community bank, established in 1901, has over $4 billion in assets and 340+ locations. Facing challenges with aging on-premise applications, they migrated to Oracle Cloud EPM. This transition improved functionality, reduced IT maintenance, and enabled faster data access by consolidating 14 applications into 8 hybrid-mode cloud applications.

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Financial Services Planning

This financial services holding company operates through various subsidiaries, including a Texas-based bank and a national home lender. Facing challenges with manual financial reporting, it implemented Oracle Cloud EPM Planning. This solution automated reporting, reducing time spent on monthly packages and standardizing forecasting and planning across different time horizons.

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National Mortgage Lender Reporting

This Dallas-based mortgage company, established in 1986, offers diverse home loan products nationwide. Facing challenges with Excel-based reporting for 250 branches, they implemented Hyperion Essbase, sourcing data from a new SQL Server-based warehouse. This solution enabled on-demand reporting and automated over 1,000 monthly reports, enhancing efficiency and analysis.

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Private Equity Consolidation

A leading asset manager improved financial reporting and monthly close processes using Oracle Cloud EPM, addressing complex ownership structures and SEC compliance post-IPO, enhancing accuracy and efficiency.

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Mortgage Company Support Services

The client faced challenges with member management, error logs, and backups in their on premise system. Our team provided specialized remote support, improving administrative efficiency by managing member synchronization, monitoring error logs, and ensuring regular backups. This resulted in a stable, well-functioning system and enhanced operational reliability for the company.

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Energy

Oil & Gas Services Change Management

A global energy services leader, founded in 1919, faced challenges with an outdated system. Our consultants managed the complex migration, providing extensive testing and change management. The successful roll-out of upgraded applications ensured minimal downtime and high user satisfaction, positioning the organization for future growth and scalability.

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Oil & Gas Cloud Migration

This company, specializing in midstream natural gas and NGLs, operates extensive pipelines and storage facilities. Facing challenges with an outdated HFM application, they implemented Oracle EPM Cloud Close and Consolidation. This solution improved data accuracy, streamlined processes, and reduced maintenance efforts, enhancing overall efficiency and adaptability to future changes.

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Utilities Workforce Planning

We addressed the client’s administrative challenges by creating a comprehensive guide to streamline tasks and improve employee transfer processes. This resulted in more efficient operations, smoother employee movements, and a more organized, productive work environment, enhancing overall operational efficiency.

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Manufacturing

Manufacturing Consolidation & Close

A global agricultural systems leader improved financial reporting efficiency and accuracy by implementing Oracle Cloud EPM Consolidation and Close and Planning, enhancing auditability and reducing manual effort.

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Worldwide Building Materials Oracle Cloud EPM Assessment

A multi-national building materials group needed validation for their Oracle EPM implementation pre-go-live. Utilizing rapid assessment, Olympus documented the existing application, identified performance issues, and provided a timeline for improvements. Key concerns were addressed, reducing FCCS consolidation time from 6 minutes to below 1 minute and minimizing maintenance efforts.

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Retail

Truck Dealership FCC and Planning

This commercial fleet solutions company, with 37 locations across nine states, faced expansion challenges. They implemented Oracle for consolidation and budgeting, automating financials and variance analysis. The integrated solution enabled nightly data loads, quick month-end closes, and streamlined budgeting and management reporting, supporting their rapid growth from 9 to 40 dealerships.

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Car Dealership Group Reporting

This family-owned automotive franchise group, operating in Southern California, Texas, and Florida, faced challenges with manual financial reporting. Implementing Oracle Cloud EPM Planning automated their financial statements, integrating data from all dealerships. This solution provided comprehensive reporting, frequent data updates, and ad hoc reporting capabilities across the enterprise.

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National Retailer Support Services

A customer lost critical data due to a metadata issue. The solution involved restoring data from Oracle archives, identifying the root cause, and creating load members to prevent future loss. The customer’s system efficiency was improved, and no further issues have been reported since.

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Technology

Encrypted Workday Integration

This global provider of managed network and security services faced GDPR challenges with HR data integration. Implementing Groovy with Oracle Cloud EPM enabled encrypted data handling, loading 300,000 cells in under 20 seconds. This solution streamlined processes, meeting stringent IT security requirements and simplifying administration with a single-click operation.

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High Tech Security Cloud EPM Migration

The organization faced complex Hyperion Planning management and structural changes. After assessing cloud compatibility, a successful proof of concept showed a 600% performance boost. They migrated to Oracle Cloud EPM Enterprise, facilitating their IPO and spin-off, ensuring seamless operations and positioning for future growth.

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