Case study

Planning and FCC

Implementation of an integrated Oracle EPM cloud solution incorporating Consolidation, Planning and Reporting solutions with integration to Oracle ERP and Oracle E-Business Suite.

“In GK we found a partner that was experienced in Oracle EPM delivery as well as understanding Finance processes, an effective combination.”

Dece Claverie – Senior Manager Finance Transformation

Petrofac bringing the right energy to drive superior performance

Project summary

Outcomes

Project Objectives

Implementation of an integrated Oracle EPM cloud solution incorporating Consolidation, Planning and Reporting solutions with integration to Oracle ERP and Oracle E-Business Suite.

“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

What we did

Accurate forecats process and controls

Build trust in the numbers by running a consistent process and using the system to calculate Cash Flows and KPIs.

Single source of truth

Actual numbers collated and consolidated from all of Petrofac’s source general ledgers

Increased automation

Reduction in labour to put the numbers together, releasing time for value adding analysis and saving manual errors.

Moved to cloud

Decommission on-premises Hyperion solutions, update their processes to best practices and move to the cloud.

Deployed

Made the system live and provided hyper care to the users during go-live with on-site support.

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