McDonald’s Automates With Oracle’s Account Reconciliations – Transaction Matching
Retail & CPG
Challenge
Time consuming, error prone, manual reconciliation processes across international locations
Audit & Compliance risks due to irregularities in reconciliations
Lengthy close cycle due to bottlenecks in account reconciliation
Inability to track progress in excel based approach
EPM Solution
Account Reconciliations – Transaction Matching
Explore options in automating high volume account transactions
Result
Supported consistent process across new transactional systems (Doordash, Uber Eats, etc.)
Enabled controllership with tools to enforce compliance and standardization
Critical project to remotely close the books, including 34,000 reconciliations
Enabled accounting leadership to standardize reconciliations across global locations
Reduction in monthly close cycle
%
Automation of reconciliations with OOB product capabilities
Discover the art of the possible.

