Experian Expands Financial Insight and Agility with Single Enterprise Performance Management Platform
 
 

Experian Expands Financial Insight and Agility with Single Enterprise Performance Management Platform

  • Oracle Customer:  Experian
    Location:  Dublin, Ireland
    Industry:  Professional Services
    Employees:  15,500
    Annual Revenue:  $1 to $5 Billion

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Experian is a leading global information services company, providing data and analytical tools to clients in more than 65 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers, and automate decision-making. Experian also helps individuals to check their credit reports and credit scores and protect against identity theft.

Experian employs approximately 15,500 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, United Kingdom; Costa Mesa, Calif.; and São Paulo, Brazil

 
 

 
 

Challenges

  • Ensure a scalable and flexible environment to meet the unique needs of a diverse and global information services company
  • Create a robust platform for faster integration of acquisitions to the financial systems environment, as the company continues to expand its portfolio of direct marketing and consumer credit services
  • Reduce the overall total cost of ownership for reporting systems

Solutions

Oracle Product and Services

  • Deployed Oracle E-Business Suite Release 12, Oracle Hyperion applications, and Oracle Business Intelligence Enterprise Edition to create a single integrated enterprise performance management platform for the global company
  • Consolidated three Oracle E-Business Suite instances into a single instance of Oracle E-Business Suite Release 12 for improved visibility and streamlined IT management
  • Deployed a single global chart of accounts, which is used across the organization
  • Standardized financial planning and reporting on a single platform, eliminating disparate regional systems and gaining greater visibility, better data integrity, and reduced complexity
  • Reduced monthly regional book closing from as many as five days to two days and ensured consistent currency conversion
  • Gained near real-time information by pulling data from Oracle E-Business Suite to Oracle Essbase cubes every two hours
  • Deployed Oracle Business Intelligence Enterprise Edition for transactional and operational reporting

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