
Taysols & Oracle quickly became the preferred solution
Facing the end-of-life for their HFM solution, EDL recognised the risk presented to operational continuity by an aging and unsupported finance system.
Through consultation with Taysols, EDL chose to move from on-premise HFM to Oracle’s Cloud Enterprise Performance suite.
Oracle could integrate right out-of-the-box
Oracle offered a compartmentalised solution that could seamlessly link underlying processes like Account Reconciliations, Financial Close & Consolidations, and Planning & Budgeting together without compromising the provenance or integrity of sensitive finance functions.
Standardised functionality across the organisation
Thanks to Oracle Cloud EPM, EDL now operates with an always up-to-date, world-class solution.
Together with Taysols, EDL significantly streamlined their hierarchy of accounts, enhancing P&L reporting, and standising functionality across the organisation.
Oracle EPM reduced the cost and risk presented by HFM, improving security and operational capabilities thanks to new functionalities only available in Oracle EPM.
"Taysols’ guidance, knowledge, and expertise was invaluable in
ensuring the successful replacement of HFM and implementation
of FCCS. The team from Taysols was instrumental in the project’s
success.
Geoff Allen Group Corporate Controller, EDL
