“In GK we found a partner that was experienced in Oracle EPM delivery as well as understanding Finance processes, an effective combination.”
AT A GLANCE Challenges
Challenges
Line of Sight Consolidation
Reliable Finance Processes
Building trust in the reports
Specialised Expertise
Outcomes
Single Source of Truth
Accurate Forecasts
Increased Automation
Move to the Cloud
“As with any major transformation programme it is never straightforward, and we were pleased with GK’s flexibility and professionalism, especially when the business restructured midway through the project.
I would recommend GK to companies on a similar journey.”
Dece Claverie
Senior Manager Finance Transformation
AT A GLANCE Challenges
Implementation of an integrated Oracle EPM cloud solution incorporating Consolidation, Planning and Reporting solutions with integration to Oracle ERP and Oracle E-Business Suite.
SOLUTIONS
We partnered with GK to deliver the Oracle Planning module, they also supported the Tax and Financial Consolidation and Close implementation and go-live.
The team at GK are skilled at implementation and have the added benefit of a background in finance and accountancy, this enabled them to understand our core challenges and find effective ways for us to overcome them.
BENEFITS
Single Source of the Truth
Actual numbers collated and consolidated from all of Petrofac’s source General Ledgers
Accurate Forecasts
Build trust in the numbers by running a consistent process and using the system to calculate Cash Flows and KPIs.
Increased Automation
Reduction in labour to put the numbers together, releasing time for value adding analysis and saving manual errors.
Move to the Cloud
Decommission on-premises Hyperion solutions, update their processes to best practices and move to the cloud.
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