Blue Owl Upgrades Monthly Close, Reporting, and Data Governance with Oracle Cloud EPM

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  • Private Equity

Challenge

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Private Equity firm wanted to improve monthly close, reporting and data governance

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Floqast Task Manager
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Rapid acquisitions and divestitures caused data hierarchy maintenance issues
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Recent IPO required SEC compliant financial statements & reports

EPM Solution

Oracle Financial Consolidation & Close | Enterprise Data Management
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Designed application to accommodate high data volume & change
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Leverage EPMI accelerators to streamline project delivery for Private Equity firms

Result

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Built calculations to reconcile minority ownership, intercompany transactions, and currency translation
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Aligned Oracle ERP and FCC data hierarchies
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Implemented data governance workflows to enable self-service maintenance
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Streamline financial reporting for P&L, Balance Sheet, Cash Flow

Let's Collaborate

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