Hyde, which celebrated its 50th anniversary in 2017, provides homes at prices people can afford to buy or rent on long tenancies in London, the south east and the east of England. Hyde puts a roof over the heads of people who otherwise would not have one, providing them with easy-to-use modern landlord services. Hyde Housing is one of the largest UK providers of social housing in London.
Hyde's on-premises Hyperion Planning, implemented in 2010, was fast approaching end of support and performance was degrading due to its ageing infrastructure. Not only was this harming user confidence, it also presented Hyde with considerable technical risk. On top of this, the planning application had not been optimized for Hyde’s evolving business requirements. This resulted in users departing from the planning system to perform key planning tasks in siloed spreadsheets. It also meant data had to be manually added to the system rather than flowing through the system processes.
It was clear to Hyde its current technology platform was increasing business risk, process inefficiency as well as costs. Internal changes, including an IT rationalization and cost reduction initiative, also furthered the need to simplify their finance systems landscape. Hyde needed a connected, reliable and scalable platform to enable its users to focus on generating insight and driving business efficiency.
"By moving from on-premises Hyperion Planning to Oracle Planning and Budgeting Cloud, we streamlined our application, reduced the amount of manual tasks and improved performance of the application. Our users can now focus on analyzing business results and make faster decisions."
Qubix was brought in to help de-risk and streamline Hyde's technology platform. Our team migrated Hyde's core on-premises planning and budgeting processes to Oracle EPM Planning Cloud. Qubix Cloudbridge was also implemented to improve data management and integration between the planning application, ERP system and other source systems to ensure Hyde was able to fully leverage the value of its data moving forward. This engagement utilized Qubix Boarding Pass to Cloud - our best practice methodology to planning, budgeting and forecasting that draws on industry experience, prior project success and intelligent solution design principles. This enabled Qubix to provide Hyde with a rapid, cost-effective and highly capable solution in rapid 3 week timeframe.
"Oracle Planning and Budgeting Cloud is far more robust, stable and easier to manage than our old on premise solution. Having the monthly updates is great. Knowing we can rely on it is brilliant."
Why did Hyde choose Qubix?
" The quality of Qubix’s development work was very high. Their developers were also responsive to our requests and understood our business requirements, which was critical to the successful implementation. "
Finance Systems Manager
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