Скачать или смотреть Inspirage Customer Testimonial: Mortgage Originator

Our client, a large bank mortgage originator and savings bank, is a classic example of a do-it-all bank, offering retirement savings plans, personal money management, wealth management services, estate planning services, annuities, and even insurance policies. Its vast tapestry of financial services and products has helped it to become the rising star that it is today, with more than 250 branches and mortgage locations, and approximately 4,000 employees. But to get to the next level, our client wanted to tighten some loose ends as it pertained to their enterprise performance management software.

Oracle Fusion Cloud Enterprise Performance Management is an all-in-one solution that is true to its name. Ideal for businesses in many different industries, Oracle EPM enables business leaders to perform more effectively through a robust suite of EPM tools, including planning, financial consolidation and close, account reconciliation, narrative reporting, profitability, cost management, and much more. For our client to leverage these benefits, we needed to perform a full-scale redesign. Oracle Cloud EPM would fix a lot of the inefficiencies they were encountering by reducing manual errors, improving accuracy, streamlining their budgeting and planning processes, consolidating data (through Dynamic Cloud Business Rules), and deploying best practices in Income Statement and Balance Sheet reporting. Additionally, with the Cloud Native Data Push, our client would be able to map and send data from one cube (i.e., workforce, reporting, allocations, etc.) to another in real-time, rather than the inefficient partitioning of data under the on-prem framework.

With the new Oracle Cloud EPM solution in place, our client experienced better business results almost immediately. By centralizing its data in the Oracle Cloud, the bank was able to standardize reporting, improve profitability, lower costs, centralize support to one app, allow for easier scaling of the business should it expand, and reduce its legacy technology footprint. Plus, by being in the cloud, staff do not have to be on-site to access data. In short, this bank is in a stronger position relative to its competitors by establishing the efficient workflows and maximum flexibility that businesses need to succeed and drive productivity.