GK - Oracle EPM Specialists

PETROFAC
CASE
STUDY

“In GK we found a partner that was experienced in Oracle EPM delivery as well as understanding Finance processes, an effective combination.”
Petrofac bringing the right energy to drive superior performance

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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GK is a certified Oracle Sell Partner for Enterprise Performance Management in Western Europe
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