Story
Oracle
BASFBASF Standardizes Financial Close on Oracle
BASF, a materials organization in Germany, uses Oracle Database from Oracle to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Capability | Financial close can be reviewed without waiting on a personal export |
| Capability | Named workflow replaces ad hoc routing for financial close |
| Capability | Record to report stays visible to adjacent teams through Oracle Database |
Story
Materials work at BASF spans more than one site, even when headquarters sits in Germany. Financial close was splitting across regional habits. Controllers and shared services asked for a shared way to run record to report without freezing local judgment.
Oracle (Oracle Database) is what they standardized on. Oracle delivers enterprise applications, databases, and cloud infrastructure, including Fusion Cloud ERP and Oracle Cloud Infrastructure. BASF uses it as the system of record for financial close, with controllers and shared services as the primary operators and other groups coming in through the same queue.
Leaders get a picture they can actually walk. Teams get fewer mystery statuses. The story is about operating change, not an unpublished percentage.
