Our customers (and their business processes) are our focus. Our goal is to make sure that the decision to migrate to a modern Oracle ERP Cloud is the right one, with the right return. When you brush away all the marketing- style jargon, we feel that we are responsible for the success of our high-growth company customer base. The key to facilitating success is helping our small-to-medium business (SMB) customers achieve measurable business outcomes.
Therefore, we gathered up some of these tangible results for Oracle Enterprise Resource Planning (ERP) Cloud. Based on customer evidence we have collected, first-year improvements―in terms of operational excellence―from their implementations of Oracle ERP Cloud were impressive.
With a modern ERP Cloud, our customers have transformed their businesses by increasing efficiency.
Streamlined and automated processes are the key; they reduce personnel, enable faster deployments (which enhances agility), makes for smoother upgrades, lowers maintenance, and provides fewer customizations. The benefit to Oracle’s customers? Reduced costs and improved service quality.
But let’s dig into some of the details:
But that is not all. Our customers also reported reduced audit, risk, and compliance costs, thanks to less time needed for financial audit and compliance activities. In addition, many professional services firms and other companies with large percentages of knowledge workers, reported improved expense reporting, due to their ability to increase the number of expense reports processed and reduce the average expense report processing time.
Finance plays a crucial role in the SMB modernization. It is the foundation that everything else is built on. Operational excellence refers to improvements in quality and responsiveness as well as reductions in production costs and processing time. All are crucial to flexibility, agility, and competitiveness, and a modern ERP Cloud is the platform on which operational excellence is built. With Oracle ERP Cloud, our customers gained double-digit improvements in time and costs. This lead to better access to data, more accurate decisions, and improved performance.