A leading civil engineering firm, with a history of over 130 years, partnered with Buchanan Technologies to streamline its complex financial operations.
The firm, known for its multidisciplinary expertise in delivering innovative projects across sectors such as Transportation, Infrastructure, Property, Environment, Water, Mining, and Metals, relied heavily on Oracle Financial. Efficient management of these systems was crucial to their operations.
Following a migration from Oracle E-Business Suite (EBS) to Fusion Applications for finance, the firm encountered performance bottlenecks in its invoice-to-cash process. Processing times reached approximately 50 hours, creating operational inefficiencies.
With a significant presence in the engineering and civil sectors, processing 10,000 to 12,000 invoices weekly in its operating unit, the firm needed to address this invoicing challenge to ensure a smooth North American rollout of Fusion Apps finance.
Buchanan Technologies conducted a thorough analysis of the firm’s invoice-to-cash process (procure-to-pay) to identify inefficiencies. We then re-engineered their Oracle ERP Cloud invoicing process, reducing processing time to 2 hours, from 50 hours.
The optimizations implemented by Buchanan Technologies included:
Through in-depth assessments and targeted optimizations, Buchanan Technologies reduced the top-rank engineering company’s invoice-to-cash processing time from 50 hours to 2 hours. This represents a 96% improvement, significantly enhancing the firm’s operational efficiency.
This transformation also removed the obstacle that had been preventing the company from expanding its use of Fusion Apps finance outside Canada. By streamlining this critical financial process, Buchanan Technologies enabled the industry-leading firm to:
Eliminate downtime and optimize performance across your enterprise applications. Buchanan Technologies delivers application performance tuning and system integration to help you achieve seamless operations.
