Our customer purchased an eight-year agreement for Cloud Financials, Procurement, Expenses and PBCS. The project is set to go live in May 2017.
They selected this solution as it meets their financial and reporting requirements; including the ability to manage intercompany transactions, utilize multiple currencies and manage a complex legal entity structure. The reports available will give the business full financial visibility of its multi-layered organization, eliminating many manual steps, as well as provide comprehensive planning and budgeting functionality - with common tools for transactional as well as forecast data. Drilldown allows for detailed planning, reporting and analysis of data and because the PBCS solution requires limited IT resource the Finance team can slice and dice the data on an ad hoc basis to get access to information when it is needed. We have removed the 'spreadsheet chaos' linked to gathering and analyzing data, which has streamlined the planning and budgeting process and improved the
accuracy of results.
The solution offered by Inoapps and Oracle will enable our customer to adopt practices to improve the speed of the quarterly close. Inoapps’ extensive multi-pillar Cloud implementation experience means it offers solutions for seamlessly integrating Cloud applications with the client’s legacy Workday HCM solution, ensuring quick time-to-value from the implementation and preserving the value of our customer’s existing IT investments.
The solutions are user-friendly and easy to navigate so that all staff, irrespective of their level of accounting and IT knowledge, will be able to quickly get up to speed; meeting another important criterion in the selection process.
