Oracle Cloud Revolutionizes onsemi’s Global Planning Footprint

Aimed to ensure alignment with Financial and Operational planning leading practices based on pre-built frameworks

Evolving business requirements prompted a need to connect the annual operating plan (AOP) and forecast with long-term strategic initiatives

Leveraged Oracle EBS, HCM, and Taleo source systems for GL and employee data

Provided new capabilities with trend-based Financial planning and rolling forecasts

Implemented new consolidated Financial reporting cube with drill back

Reinvented Workforce planning with Taleo integration and new quarterly forecasting process

Empowered management with long-term what-if scenario modeling across all financial statements

Replaced homegrown allocation system with cutting-edge EPCM application

Deployed lightweight REST API integration with EBS with EPM Automate

Accelerated user adoption with robust and connected planning in one platform, versus siloed processes

Faster and dynamic planning with new data model for inputs and reporting

Increased user accountability with source data transparency and driver-based processes

Modernized enterprise data flow with self-service automation