Story
Oracle
Microchip TechnologyMicrochip Technology Adopts Oracle for Record to Report
Microchip Technology, an information technology organization in the United States, uses NetSuite 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 NetSuite 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
Microchip Technology did not need another dashboard that nobody opened. It needed record to report to move. In the United States, controllers and shared services already knew where financial close went wrong: too many copies, too little ownership, and a close process that waited on the loudest inbox.
NetSuite from Oracle is now in that path. Oracle delivers enterprise applications, databases, and cloud infrastructure, including Fusion Cloud ERP and Oracle Cloud Infrastructure. The company treats it as production tooling for record to report, which is why controllers and shared services live in it rather than exporting from it once a quarter.
Microchip Technology can show how financial close is handled today. That is the value: a repeatable way to run record to report on software the rest of the industry already recognizes.
