Case Study

Oracle EPM Cloud Implementation for a large Middle Eastern Bank

Sector: Banking


Oracle EPM Cloud Implementation for a large Middle Eastern Bank - Fusion Practices

Digital transformation initiative to build an
agile and connected Finance Department

  • Performance Management
  • Analytics and Visualisation
  • Robotic Process Automations

Dubai government-owned bank, one of the largest banking groups in the Middle East in terms of assets. Total assets managed as on 31st December 2020, AED 698 billion.


  • RExcel-based planning and consolidation, multiple versions, risk prone to errors
  • RMost of the Finance team largely engaged in audits or planning and forecasting cycles throughout the year. Audit cycles were time and resource intensive due to a lack of audit traceability and systems
  • RLack of intelligent analytics impeded future growth decisions. Finance team engrossed in repetitive, routine, and traditional responsibilities
  • RProcess standardisation, compliance and risk a major challenge

Benefits to Business

Integration between planning and consolidation was seamless as master data was aligned

Automation of planning and consolidation processes led to substantial time savings in planning cycles, and month-end close process

Robust audit trails and reporting capabilities provided in the system enabled better IFRS and management reporting.

Single, unified EPM Cloud platform, Enterprise Planning and Budgeting Cloud Service (EPBCS) implemented and Chart of Accounts (CoA) standardised. Unified COA was used in Financial Consolidation and Close Service (FCCS) as well

System maintenance streamlined using single platform,
significant process improvisations led to reduced manual intervention mitigating risk

What do Customers value in our partnership?

Our solutions are designed with a
customer first approach

We take care of end-to-end
implementation and offer
comprehensive support service

We are proven, trusted partners of top-tier companies across sectors such as finance, banking, insurance, and retail

Our experience in transforming mission critical applications for Fortune 500 companies including finance, banking and insurance, and retail companies across the globe makes us one of the leaders and trusted partners for Oracle Cloud implementations.