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Fixed-Income Capital Markets Firm

Challenge

The organization's legacy finance systems were outdated, with heavy reliance on spreadsheets for modelling and inefficient, manual processes.

Solution

Creoal, now part of SMX, implemented Oracle EPM Cloud (Planning, Profitability and Cost Management, and Financial Consolidation and Close) and Oracle ERP Cloud.

Result

The company achieved more efficient forecasting, with transparency into details along with better visibility and accuracy due to a single, integrated platform for long-range financial, workforce, project, and CapEx planning and reporting. The single metadata across GL and the planning system eliminated confusion and reduced maintenance requirements.

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