Case Study Overview
A global restaurant company struggling with ineffective, disparate account reconciliation processes sought a solution to streamline its monthly close cycle. As a strategic partner, the SC&H Oracle EPM Solutions team helped the client optimize its existing Oracle Account Reconciliation application.
Through a collaborative, iterative implementation process, SC&H cut the average time needed to complete reconciliations by 75%, eliminated tedious manual reconciliations through automation, and simplified the change request process.
- Cut the average time needed to complete reconciliations by 75%
- Saved 1-2 business days per monthly close by automating reconciliations
- Completed 71% more reconciliations on time through a simplified reconciliation process
- Increased accuracy and efficiency with a with a flexible, scalable system that allows for users to make changes easily and requires minimal ongoing maintenance