ClearView Wealth saved two full-time equivalents in the collation of a large number of statutory and financial reports, such as profit and loss statements for the life insurance business, by using Oracle ERP Cloud.
After moving to Oracle ERP Cloud, APN Outdoor Group Ltd. processed invoice approval for outdoor advertising 3x faster—from 100 invoices to 300 invoices per day—without adding headcount by automating a broad range of financial functions, such as accounts payable and receivables.
Irving Materials gained the ability to refresh financial statements in 2 minutes instead of 30
minutes after migrating from an on-premises platform to Oracle ERP Cloud, allowing the firm to address issues rapidly and close books faster.
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Accelerate ERP Modernization with Cloud Migration
Modern, cloud-based ERP solutions deliver what growing companies need—greater agility and efficiency—at a lower cost. This is why future-looking Oracle
E-Business Suite (EBS), PeopleSoft, and JD Edwards(JDE) customers are moving to Oracle ERP Cloud.
To stay ahead of the competition, you need more. You need embedded best practices, up-to-date functionality, and the latest transformative technologies.
New technologies are changing how finance operates: AI, machine learning, chatbots, process automation, and more. When you migrate to a cloud-based ERP, you can
access these features to gain efficiency and improve decision-making.
Why Modernize? Why Cloud? Why Now with Oracle ERP Cloud? Scroll to find out
Modernize with Oracle ERP Cloud
Why Now?
Why Modernize?
Modern Cloud Financials = Foundation of Growth
Read ebook: - Plotting Your Path to Modern ERP
- Take a Quick Tour
- Request a Demo
- View Customer Successes
- Chat with an ERP Cloud Expert
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On-premises applications need regular upgrades and maintenance. The upgrade cycle will eat up a significant amount of time and resources.
So what happens? Upgrades are pushed to the back-burner.
2/3 of SMBs are runningoutdated versions of
their ERP software.
Cloud-based applications free up time and money for business innovation.
Web-based applications can only operate with an active internet connection
Are limited by- scalability- availability
Innovation
To support a period of rapid growth (10 acquisitions which doubled company revenues), Irving Materials, Inc. migrated from Oracle EBS to Oracle ERP Cloud.
We were very excited about Oracle ERP Cloud because it brought consistency to the table. The terminology was very similar to what we knew from Oracle E-Business Suite 11i, making the transition much easier than we anticipated.
— Chad Kelley, Controller, Irving Materials, Inc.
Why Now with Oracle ERP Cloud?
Future-Ready ERP
Oracle’s next-generation ERP cloud suite is the market’s most comprehensive and scalable and is ranked the market leader by analysts. Oracle ERP Cloud is proven, with thousands of customers across every ERP business process.
Intelligent automation to automate financial
processes
Machine learning for predictive analytics
Secure transactions with blockchain
Easier, human interactions
(chatbots, voice)
AI-enabled planning & decision making
The only ERP Cloud built on machine learning
Most comprehensive, scalable ERP cloud suite
Recognized market leader
Only one that delivers best-in-class ERP capabilities
APN Outdoor Ltd. used Oracle’s legacy JD Edwards financial system and built interfaces with 3rd party solutions. This became expensive and complicated to support. They needed a scalable financial platform to support future business growth.
ClearView Wealth’s finance staff used to have to manually collate reports with Oracle PeopleSoft. It was time-consuming and difficult to provide insight into
business performance, especially in a constantly changing industry.
1 32
IT budget allocation with on-premises applications
90%
10%
Maintenance
Technologies to Transform How Finance Operates
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Why ERP in the Cloud?
- Predictable costs over time
- Cheaper upfront investment
- No additional hardware investments
- Continuous updates
- Proactive maintenance
- Built-in best practices
- Cutting-edge security
- Quicker implementations
- The last upgrade you willever do
- Continuous innovation
“The 8 Ways Version-Locked ERP Damages Your Business,” ERP Hub (blog), Brightstar, August 5, 2015, bspl1.wordpress.com/
https://www.softwareadvice.com/resources/cloud-erp-vs-on-premise
BETTER RETURNS
- 3.2x the return on investment (ROI)
- 2.3x lower total cost of ownership (TCO)
- 2.2x faster payback period
Want to know more?
Want to know more?
Want to know more?