SuperVia Determines Fares 5x Faster, Increases Data Reliability, and Accelerates Financial Forecasting and Reporting
 
 

SuperVia Determines Fares 5x Faster, Increases Data Reliability, and Accelerates Financial Forecasting and Reporting

SuperVia has operated the commuter rail service in the Rio de Janeiro metropolitan region since 1998. In 2010, Odebrecht TransPort—an Organização Odebrecht company that is focused on urban mobility, road concessions, integrated logistics, and airports—assumed control of SuperVia.

The company operates a 270-kilometer rail network with eight lines and 102 stations. Its routes cross Rio de Janeiro and 11 other cities in the metropolitan region. SuperVia trains transport an average of 540,000 passengers each business day. On June 11, 2013, the rail service hit its record of 596,388 passengers.

 
 

 
 

Challenges

A word from SuperVia

  • “Oracle Hyperion Planning helps us identify revenue-generating units more quickly, measure operational costs, and make financial forecasts more intelligently to achieve better results.” – Edson Assunção, Controller, SuperVia

  • Obtain a more detailed view of operational expenses to identify costs by rail line and station and the units that generate the most revenue for more certainty in decision-making
  • Accelerate financial forecasting by creating different economic scenarios that enable the company to evaluate the potential of future investments
  • Replace spreadsheet-based practices and automate report generation, avoiding data inconsistencies that could impair performance monitoring

Solutions

  • Implemented Oracle Hyperion Planning and accelerated time for financial information extraction, especially for quarterly budgets and monitoring performance results of rail lines and stations
  • Automated financial data entry, eliminating manual work on spreadsheets, increasing data reliability, accelerating management report generation by five days, and making financial projections in less than half the time
  • Gained more reliability in information reported to shareholders by replacing approximately 100 spreadsheets with a process that enables SuperVia to standardize calculations and accelerate fare-setting processes from five hours to just one hour
  • Decentralized cost and expense data entry in the company’s business management system giving departmental autonomy in the budgeting process, freeing up controllership staff from this task, and raising productivity
  • Accelerated the quarterly budget review process for 400 cost-center employees
  • Improved analytical abilities by using Oracle Hyperion Smart View for Office to view data, such as to determine revenue per train station and lines that transport the most passengers, enabling the company to better distribute resources and provide Odebrecht Transport stockholders with more detailed financial analyses
  • Deployed Oracle Hyperion Financial Data Quality Management to integrate Oracle E-Business Suite with Oracle Hyperion Planning, standardize financial information, and accelerate the time to consolidate financial information and deliver quarterly budgets

Why Oracle

“We chose Oracle Hyperion Planning due to its flexibility in financial calculations so we could design them according to our needs. In addition, Oracle Hyperion Smart View for Office enabled us to quickly view projections and reports, even with our large data volume,” said Edson Assunção, controller, SuperVia.

Implementation Process

“Our Oracle Hyperion Planning implementation project was very simple. The integration with Oracle E-Business Suite was easy and came together without major obstacles. In addition, the easy-to-use tool enabled rapid adoption among our 80 internal users,” Assunção said.

Partner

“We worked with Oracle Platinum Partner, CIS Corporate, in implementing Oracle Hyperion Planning, and we achieved greater data reliability with the ability to create financial reports five days faster. We put the system into production on the 12th calendar day of the month without interrupting the company’s routine operations,” Assunção said.