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ECM Industries partners with Inoapps and Oracle for 50% reduction in month-end close turnaround time

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Manage episode 347206388 series 2953451
Content provided by Jodi Greenberg and Oracle Partner Team. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jodi Greenberg and Oracle Partner Team or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

ECM Industries, a global manufacturer and supplier of electrical products, achieved significant growth through acquisitions, resulting in multiple divisions, brands, product lines, and sales channels. The company’s on-premises financial system had no consistent way to consolidate its operating units, which relied heavily on manual consolidations and preparation of cash flow statements stored in decentralized systems. Join us for a conversation with Inoapps Vice President of Enterprise Performance Management, Matt Rollings, to hear how they deployed Oracle Fusion Cloud Enterprise Performance Management (EPM), enabling ECM Industries to rapidly integrate acquisitions and realize a faster, stronger close process. With Oracle Fusion Cloud EPM, the company cut turnaround time for month-end close by 50%, reduced external reporting time by 20 business days, and cut the consolidated monthly close process by half.

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53 episodes

Artwork
iconShare
 
Manage episode 347206388 series 2953451
Content provided by Jodi Greenberg and Oracle Partner Team. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jodi Greenberg and Oracle Partner Team or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

ECM Industries, a global manufacturer and supplier of electrical products, achieved significant growth through acquisitions, resulting in multiple divisions, brands, product lines, and sales channels. The company’s on-premises financial system had no consistent way to consolidate its operating units, which relied heavily on manual consolidations and preparation of cash flow statements stored in decentralized systems. Join us for a conversation with Inoapps Vice President of Enterprise Performance Management, Matt Rollings, to hear how they deployed Oracle Fusion Cloud Enterprise Performance Management (EPM), enabling ECM Industries to rapidly integrate acquisitions and realize a faster, stronger close process. With Oracle Fusion Cloud EPM, the company cut turnaround time for month-end close by 50%, reduced external reporting time by 20 business days, and cut the consolidated monthly close process by half.

Learn More:

  continue reading

53 episodes

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