Story
Oracle
AdeptAdept Uses Oracle Cloud Infrastructure for Financial Close
Adept, an information technology organization in the United States, uses Oracle Cloud Infrastructure from Oracle to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Capability | Controllers and shared services work from the same Oracle Cloud Infrastructure record for financial close |
| Capability | Financial close can be reviewed without waiting on a personal export |
| Capability | Named workflow replaces ad hoc routing for financial close |
Story
Inside Adept, record to report used to depend on whoever still had the latest file. That pattern is common in information technology groups working out of the United States. Controllers and shared services needed a system that would still make sense after the original project team moved on.
Adept uses Oracle Cloud Infrastructure from Oracle as the working layer for financial close. Oracle delivers enterprise applications, databases, and cloud infrastructure, including Fusion Cloud ERP and Oracle Cloud Infrastructure. The practical change is simple: record to report has a home, and reviews happen there instead of in a forwarded thread.
Nothing in this writeup invents a savings number. What Adept gets from Oracle is a durable place to run record to report and a way for controllers and shared services to see the same financial close at the same time.
