Financial Management
Chief Financial Officers look for an intelligent system dealing with actionable business drivers in interactive data visualization for transactional/operational reporting to offer rich insights in cost control and agility. And developing such a system is complex given the dynamic constraints in maintaining a General Ledger or real-time financial analysis.
Challenges
- Manual entry of invoices leading to lack of process data and insights
- 55.8% time spent in transaction processing
- 66% CFOs lack visibility into key business insight areas
- Cutting down operational costs to increase profitability
- 75% CFOs are not well-positioned to meet the demands of tomorrow’s digital business
We, at Aspire, understand that smart businesses cannot afford subpar processes in financial management. And that’s why we provide our clients two robust Oracle Financial Solutions: Oracle EBS Financials and Oracle Fusion Financials (Oracle Financials Cloud)


Benefits
- Managing intra and inter-company transactions through recorded journal transactions maintained in a General Ledger
- Real-time visibility into transactions & processes for prioritization of day-to-day activities with integrated document scanning of invoices
- Customers can gain visibility into critical asset locations, utilization and operational health in real-time
- Increase real-time insight into transactional data with stunning visualizations and custom ad hoc reports
Case Study
"The precision and cohesion with which Aspire implemented migration to Oracle ERP Financial Cloud and custom-built a targeted solution was no less than changing a jet engine without a hitch while it is mid-flight"
Migration to Oracle ERP Financial Cloud resulted in over 90% increase in efficiency and automation across verticals
Aspire offered a custom-built solution to streamline, automate and integrate general ledger, accounts payable, fixed asset and cash management modules using Oracle ERP Finance. This made BRD's core business processes more resilient and agile, and positioned the client for a more sustainable growth with reduced costs and sharper forecasts.