Transforming Finance Operations at Oracle with Oracle Cloud ERP
Why transformation now?
At Oracle, like at hundreds of other companies around the world, we have undergone a massive technology transformation to enable exceptional experiences for our customers and our employees. We have realized that in order to keep up with the pace of change, we have to modernize fast. We made the decision to migrateour internal systems to Oracle Cloud and are seeing incredible benefits.
As enterprise leaders contemplate moving traditional on-premises applications to the cloud, one of the key questions they must answer is, “Where do we start?” The instinct of many executives is to first send general business applications, such as email or file-sharing platforms, to the cloud, while keeping mission-critical platforms, such as enterprise resource planning (ERP) systems, on premises. At Oracle, we have seen the benefits taking the leap and migrating our ERP systems to the cloud first-hand. This migration has allowed us to:
The transformation of our finance operations has been an integral part of our transition from a product-focused to a service-focused provider. To achieve our goal of serving as a strategic partner to our customers, we needed to move beyond our ongoing goal of driving operational efficiency to a new goal for driving operational excellence. This required that our finance team become a predictive powerhouse that steers the business and leads the way forward.