Session ID: 10856
Abstract: Thayer Lodging, the first organization to go live with Oracle Financial Consolidation and Close Cloud Service and implement a joint ERP and EPM cloud solution, made the shift to the cloud to revamp its end-to-end financial close and reporting process, from subsidiary ledgers and data collection all the way through financial reporting. In this session learn how the rapidly growing global hospitality and investment company’s financial overhaul knocked 50 percent off of its average time to close.
Objective 1: Understand the challenges faced by large organizations related to the end-to-end financial close and reporting process
Objective 2: Review an end-to-end implementation timeline for an Oracle cloud based Enterprise Resource Planning (ERP) and Enterprise Performance Management (EPM) solution
Objective 3: Break down the software selection process including why Oracle was chosen over other vendors
Objective 4: Evaluate the realized benefits from the deployment of Oracle ERP Cloud Financials and Oracle Financial Consolidation and Close Cloud Service (FCCS)
Audience: Project Manager