Financial System Modernization

Enhancing an Oracle E-Business Suite environment to automate complex financial reconciliations and multi-currency reporting.

Client

MNTG Group, South Africa

Year

2020

Industry

Telecom

Services

EBS Extension Development, OIC

Overview

About the project.

A large-scale enterprise was struggling with the "last mile" of their financial close. We extended their Oracle EBS R12 environment with custom PL/SQL packages and automated OIC (Oracle Integration Cloud) flows.

The Challenge

What we set out to solve.

The client operated across three continents with varying tax laws. Manual reconciliation was taking 10 days every month, delaying strategic decision-making for leadership.

Our Approach

How we got there.

Technical Audit & Bottleneck Identification.

Developing custom concurrent programs and automated OIC triggers for cross-platform data validation.
We chose to build custom EBS extensions rather than a third-party tool to keep all data within the Oracle Ecosystem

Outcome

Dramatically accelerated the monthly financial close and improved audit compliance

50%

Fast Monthly Close

100%

Audit Compliance

Global Regions Unified

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