乐鱼(Leyu)体育官网

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Smooth sailing on a powerful growth journey

乐鱼(Leyu)体育官网 helped a renewable energy supplier integrate the financial systems of 40+ decentralized legal entities with Oracle technology.

Client

Latin American utility

Sector

Energy

Project

Finance transformation enabled by Oracle Cloud

Client challenge

Growing rapidly as a distributor of natural renewable energy鈥攈ydro and wind power鈥攖his Latin American utility is anticipating future growth opportunities. It was clear that the company needed a step-change from where they were, in order to utilize the cloud to deliver finance leading practices and support future initiatives.

They set two immediate goals: better financial visibility and operational control, and the ability to harness their own human potential. The key to both goals was to integrate the financial systems of more than 40 decentralized legal entities on a single Oracle Cloud platform, and they sought an implementation partner to guide the process and help prepare the company for smooth sailing as they embark on a powerful growth journey.

The pre-configured components of 乐鱼(Leyu)体育官网 Powered Enterprise provided for rapid alignment of process models, controls, organizational model, roles descriptions, and performance management.

Approach

乐鱼(Leyu)体育官网 combined the preconfigured components and leading practices embedded in its Powered Enterprise project approach to rapidly implement an Oracle Cloud solution across all of the utility鈥檚 legal entities. 乐鱼(Leyu)体育官网:

1

Used preconfigured components of Powered Enterprise to align Oracle Cloud solutions to the company鈥檚 business model and strategy, including process models, controls, organizational model, roles descriptions, and performance management.

2

Streamlined end-to-end process workflows across the enterprise (e.g., procure-to-pay), including automated data entry and approvals.

3

Established a uniform data governance framework to support faster period closes and reporting cycles, based on more reliable and consistent data.

4

Used Powered Enterprise鈥檚 tested technology solutions and next-generation delivery methods to frame and drive accelerated migration to a single Oracle Cloud platform.

Benefits to client

The 乐鱼(Leyu)体育官网 Powered Enterprise Finance solution together with Oracle Cloud ERP/EPM delivered a number of specific benefits, including:

1

Multiple financial processes and systems now standardized, automated and integrated on a single platform.

2

An ROI-driven technology configuration that delivers increased efficiency, controls, and financial clarity to the organization.

3

Real-time performance and operating reports for management, coupled with daily transaction-support tools to free employees from intensive manual activity.

4

Data collection and governance standardized across the enterprise, to produce more timely, consistent, accurate, and dependable data.

5

Scalable solutions in place to support the company as it pursues an aggressive M&A-driven growth strategy; newly acquired entities are able to quickly 鈥減lug in鈥� to the platform.

乐鱼(Leyu)体育官网 insights

  • Ambitious technology and process redesign initiatives should be based on strong business cases

    Building strong business cases at the outset of technology projects, defined by clear, ROI-defined success metrics, keep priorities intact and stakeholders aligned.

  • Decisive leaders want to move quickly

    The Powered Enterprise approach is explicitly designed to generate rapid, measurable results. It distills experience and insight into prebuilt components, so clients can leapfrog generic issues and move confidently toward their objectives from day one.

Meet our team

Image of Rodrigo Tricate
Rodrigo Tricate
Partner, Advisory, 乐鱼(Leyu)体育官网 Brazil

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