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Implementing OFC Financials for a Fortune 100 global enterprise

Implementing OFC Financials for a Fortune 100 global enterprise

Client Summary

This Fortune 100 energy company is a global enterprise with a large trading partner network.

Client Challenge

The company lacked a formal procurement solution with full integration capabilities for trading partners and with compliance controls to govern corporate spend. 

They also had a highly customized ERP system that required an upgrade. Management also wanted to lower overall costs by reducing expenses on items such as custom development. This led them to a Cloud solution, integrated to on-premise ERP, and a long-term roadmap to incorporate SaaS as their main infrastructure.

CHT Engagement

CHT collaborated with client management in recognizing that a SaaS model was the forward-thinking solution they needed. We partnered in the implementation of Oracle’s Cloud Procure-To-Pay solution, integrated with on-premise Oracle E-Business Suite, and developed a roadmap for them to take their ERP platform entirely to the Cloud down the road. 

With a project plan led by CHT, the solution replaced manual processing, provided formal procurement controls and leveraged both on-premise and Cloud integration capabilities to deliver Financials, Self-Service Procurement, Sourcing and Contracts; and Supplier Portal.

Success Outcomes

Today the company is on its way to a full Oracle Cloud footprint, while leveraging on-premise integration to the Cloud while they get there.