Blue Owl Upgrades Monthly Close, Reporting, and Data Governance with Oracle Cloud EPM
- Private Equity
Challenge
Private Equity firm wanted to improve monthly close, reporting and data governance
Floqast Task Manager
Rapid acquisitions and divestitures caused data hierarchy maintenance issues
Recent IPO required SEC compliant financial statements & reports
EPM Solution
Oracle Financial Consolidation & Close | Enterprise Data Management
Designed application to accommodate high data volume & change
Leverage EPMI accelerators to streamline project delivery for Private Equity firms
Result
Built calculations to reconcile minority ownership, intercompany transactions, and currency translation
Aligned Oracle ERP and FCC data hierarchies
Implemented data governance workflows to enable self-service maintenance
Streamline financial reporting for P&L, Balance Sheet, Cash Flow
Let's Collaborate
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