Marel is a leading global manufacturer of integrated fish, poultry, and meat processing equipment for the food industry. The company’s innovative machines and systems enable customers to maximize yield and throughput while optimizing product quality and cutting labor costs. Marel operates manufacturing facilities in 16 locations in Europe, the United States, Latin America, and Asia Pacific, and it has offices in 30 countries on six continents.
Marel chose Oracle Hyperion Financial Management because it had a proven, 10-year track record with Stork Food Systems. Oracle was the logical choice to consolidate reporting and KPI monitoring across the merged business through a single source of uniform data.
"Oracle Hyperion Financial Management gave us the insights we needed to become the customers’ choice in supplying integrated systems, products, and services to the fish, meat, and poultry industries,” said Ronald Wijnveld, manager, consolidation, Marel.
Marel worked with Oracle Specialized Partner Finext, which had implemented and managed Oracle Hyperion Financial Management for Stork Food Systems, to redesign the solution to meet the needs of the merged business. Finext gathered input from existing and potential users and built a prototype that would meet the needs of financial teams and business managers of all levels and functions. Finext continues to provide technical expertise and management for the Oracle Hyperion financial consolidation platform.
"Finext’s expertise and experience with Oracle Hyperion was critical to our transformation from a fragmented organization to a centrally-managed, market-centric business," said Ronald Wijnveld, manager, consolidation, Marel.