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Overview Operational Excellence Finance Modernization and Agility
Action Plan

Action Plan

Based on feedback from Oracle ERP customers participating in our Value Realization Program, we have identified 8 best practices that were instrumental in helping these companies modernize their finance function.

CUSTOMER PERSPECTIVE

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One of our objectives was to use the best practice and the idea of ‘no customization’, and we really stuck to that in our implementation. Now we have more efficiency and booking manual journal entries via Oracle ERP cloud is enhanced.

1
Simplify and Standardize Your Environment
Do this as much as possible before embarking on digital transformation. For instance, all customers interviewed eliminated customizations.
2
Emphasize Change Management
Build expertise in creating a culture of change management. To help drive adoption, for example, identify and activate “super users.”
3
Communicate, Communicate, Communicate
Use innovative communication methods such as collaboration platforms, e-learning systems, gamification, challenges, and pop-up stands to disseminate key information.
4
Get Executive Buy-In
Customers interviewed had a clear champion—typically the line-of-business executive and/or the CEO.
5
Set Up Local Goals and Accountability
The most successful customers ensured that business leaders across geographies were responsible and accountable for targets.
6
Implement in Phases
By minimizing disruption with a phased approach, customers gained a clear understanding of product capabilities and deployment timescales before implementation.
7
Automate Data Integration
Make knowledge easily accessible with a single location for employee profiles, company news, learning opportunities, and more.
8
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Meet Our Customers

instacart
builds an agile and scalable
finance platform
Royal_Bank
moves toward zero-touch
forecasting
water
slashes costs across its
organization
Oracle ERP Cloud
Participation in our Value Realization program will help customers realize cloud success and
achieve the full potential of their investment. Are you ready to realize your value?
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Finance Modernization and Agility