On-demand Webcast

Business Finance Transparency Leveraging Oracle Cloud Technology End-to-End

September 2nd, 202030 minsChicago, United States 🇺🇸

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Real life example where Engineered Floors automated their reporting process and streamlined their close process.  

Dave Reilly-Madan, Director at Qubix US, explores how Engineered Floors LLC., one of America's leading floor manufacturing companies, automated and streamlined their reporting and financial close processes using Essbase Cloud analytics and Qubix Cloudbridge.

The Solution:

  • Extracts data from Netsuite and a legacy DB to comingle data for new views
  • Stages and transforms data in Oracle Database Cloud Services
  • Loads and updates an OLAP Cube in Essbase Cloud Services instance
  • Is controlled, scheduled and maintained via CloudBridge (Oracle Cloud Certified Marketplace Product )
  • Allows the OLAP Cube to be exposed via Oracle SmartView, the tool of choice for Finance
  • Automates dynamic P&L Views with actuals versus forecast and other comparisons

Benefits:

  • Significant time gained for performing analysis leading to better decision making
  • Faster time to Close
  • Lights Out One Button Processing - zero dependency on IT
  • Curated and Sanctioned Single Version of the Truth
  • Spreadsheets/Reports Connected Directly to Essbase data "truth layer", no calc / integrity issues
  • Ability to Flex and Scale/Add Entities Resulting from M&A or Growth Initiatives
  • Easy to Administer Master Data and Metadata

 

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  • On-Demand Webcast: Business Finance Transparency Leveraging Oracle Cloud End-to-End

    Webcast Speakers

    Headshot - Dave Madan (small)

    Dave Reilly-Madan

    Managing Director and Country Manager, Qubix US

    Headshot - Roger Cressey

    Roger Cressey

    Director and Business Solutions Architect, Qubix US