"By standardizing the consolidation cycle across multiple business divisions with Oracle Planning and Budgeting Cloud, we enhanced data accuracy and shortened the time to prepare our forecast and budget reviews. Our managers can now focus on analyzing business results and make faster decisions."
YMCA NSW Enhances Control for Budget Review Process and Supports Better Decisions with Oracle Cloud.
YMCA NSW is a profit-for-purpose organization that supports more than 40 local communities in New South Wales and the Australian Capital Territory. It runs recreation centers and sports stadiums facilities; children’s services; and outdoor education and camping programs. YMCA NSW believes in the power of inspired young people and pursues a range of impact activities that builds their capacity in employment, education, well-being, and mental health.
Previously, each budget owner needed to download and consolidate data from the main accounting system into spreadsheets. The process was cumbersome and error-prone, making it difficult for managers to analyze the underlying business drivers. YMCA NSW wanted to simplify the entire process and enable users to make more informed decisions.
"We chose Oracle Planning and Budgeting Cloud for its comprehensive reporting features, integration capabilities with other data sources, and proven stability."
YMCA NSW insured fast, attainable results that align with their finance transformation goals with Qubix's Journey to Cloud methodology — a proven best-practice approach that combines our deep industry and technical expertise to design, implement and manage your migration to cloud.
The Qubix Group (Qubix), a leading Oracle Platinum Partner, assisted YMCA NSW to configure Oracle Planning and Budgeting Cloud in accordance with the requirements of each business division. Qubix also delivered training to the Financial Planning and Analysis team. YMCA NSW initially went live with the new platform to support Q2 forecasting and then started the full financial year budgeting process four months later.
“Oracle Planning and Budgeting Cloud is a powerful tool for analysis and decision making. To optimize its capabilities, it is important to carefully plan and define the right data structures, understand what information is required and will be used, and critically, how the data will be extracted via reporting.”
“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.”
- John DeVitis, Financial Planning and Analysis Manager
About YMCA NSW:
NSW—Established in 1853 as the YMCA of Sydney, YMCA NSW has a long
and successful history of helping to create healthier and more connected communities. In addition to its dedicated community and children’s services, YMCA NSW also manages 40 fitness and indoor sports centers — such as gymnastics and aquatics — outdoor education and camping facilities, and over 60 out-of-school-hours care centers across multiple locations.
HQ: Parramatta, New South Wales, Australia
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