Simply Market Reduces IT Costs with Automated Financial Management
 
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Simply Market Reduces IT Costs with Automated Financial Management

Simply Market, a French supermarket brand founded in 2005, is a subsidiary of the Auchan Group, an international retail group with a market presence in 12 countries. With its new supermarket food discount concept for high-quality, fresh products at low cost, SimplyMarket has a retail presence in five European countries. The chain includes 759 stores directly operated by Auchan Group and 1,653 supermarkets operated as franchises. The grocery chain is currently experiencing high growth is eastern and central Europe, particularly in Poland.

 
 

 
 

Challenges

A word from Simply Market

  • “Oracle enabled us to review and automate our key accounting processes, in compliance with the Polish tax system. The Oracle Managed Cloud Services model frees us from technical limitations for our operations and guarantees a disaster recovery plan suitable for our business challenges. We look forward to rolling out the platform to our other European branches.” – Pascal Fénart, IT Systems Manager, Simply Market

  • Replace an end-of-life accounting solution that did not provide the scalability and functionality, such as automated banking reconciliation, to support the growing regional supermarket group
  • Build a new core model dedicated to financials that the company can easily deploy across the retailer’s European grocery stores and operations, minimizing technological and applications-specific developments
  • Extend existing investments in Oracle Financial Solution within the parent wholesale distribution company, Auchan
  • Review and automate core accounting processes, such as client and industrial-supplier invoicing, bank reconciliation, and asset management to increase productivity
  • Deploy a hosted solution to optimize the use of internal IT resources for other strategic initiatives

Solutions

  • Deployed with Oracle Partners Sopra and Exorigo, Oracle E-Business Suite Release 12 On Demand, hosted by Oracle Managed Cloud Services, for Simply Market’s operations in Poland, creating a solid foundation for a new financial management system within the retailer’s European grocery stores and re-engineering and automating its accounting processes
  • Automated key accounting management processes for the company’s clients, industrial suppliers, and organic grocery products suppliers, as well as banking reconciliation processes, enabling faster clearance of pending payables and receivables
  • Enhanced productivity for accounting, the treasurer, and financial staff, enabling value-added management tasks, thanks to Oracle E- Business Suite Release 12 process automation
  • Optimized financial and accounting data quality and met strict Polish accounting and tax system regulations, via Oracle Financials On Demand
  • Freed internal IT team members for other strategic projects, thanks to Oracle Managed Cloud Services
  • Ensured 24/6 system operation and 99.9% application availability―which are important in the retail sector―thanks to Oracle Managed Cloud Services’ high-performance environment and disaster recovery capabilities
  • Created a scalable platform that can easily roll out to the company’s other stores and operations across Europe, including Russia

Why Oracle

Oracle has been Auchan Group’s strategic choice for IT infrastructure for more than 10 years. “Oracle E-Business Suite provides the services and functionality our users expect. And, with Oracle Managed Cloud Services, we can ensure high availability for our financial applications while freeing our IT team to focus on other priorities” said Pascal Fénart, chief information officer, ATAC AuchanSuper.

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