About the client
Leading precision oncology company dedicated to helping conquer cancer globally through the use of its proprietary blood tests, vast data sets, and advanced analytics.
Business Requirements
- Tightly Integrated solution with Oracle Financial cloud ,HRMS and ADP with EPBCS.
- Driver based budgeting and planning solution.
- Planning and Budgeting with what-if analysis.
- Real-time financial reporting on group level and entity level
- Real-time variance on Actual vs Budget vs Plan
- Workforce planning and budgeting solution
- Benefits calculation for workforce
- Projection for To be Hire(TBH)
- Covert Excel-based budgeting and forecasting into a centralized solution
Business Challenges
- Unsuccessful attempt of Oracle EPBCS implementation by another vendor
- Dependency on Oracle Financial Cloud environment
- Need to deliver the project before the budget cycle ends
- Limited budgeting and forecasting methodology
- 15-month rolling forecasting methodology needs to meet business requirements
- Metadata dimensions not properly defined
The Solution
- Integration between Hyperion and Oracle Financial Cloud through Data Management
- Complete control and ownership of Finance and Budget team
- Improved decision making: management visibility to various entities and corporate level
- Provided end-to-end securities of data and artifacts
- Provided proper training to users on Oracle Smart View
- Provided user manuals for bank users and technical team
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