From Lag to Light Speed
A global engineering giant’s pursuit for optimized financial operations led to a transformative collaboration with Buchanan Technologies.
Growth through Performance Optimization
Buchanan Technologies partnered to help the client streamline its complex financial operations that relied heavily on Oracle Financial. and had migrated from Oracle E-Business Suite (EBS) to Fusion Applications, but were encountering performance bottlenecks.
Buchanan Technologies reduced the company’s invoice-to-cash processing time to realize a 96% improvement, significantly enhancing the firm’s operational efficiency and overcoming obstacles preventing the company from expanding its use of Fusion Apps finance.
At a Glance
About the Client
A leading civil engineering firm with a history of over 130 years,
Solution
A thorough analysis of the firm’s invoice-to-cash process (procure-to-pay) to identify inefficiencies.
Results
- 96% Improvement
- Re-engineered their Oracle ERP Cloud invoicing process.
- Reduced processing time to 2 hours, from 50 hours.
A Global Force in Engineering Needed Operational Improvements
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.
Re-engineering for Efficiency
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:
- SQL optimization
- Removing serialization points
- Converting from row-by-row processing to bulk processing
- Using parallelism and in-memory processing
- Business process reengineering
Optimize Your Applications with Buchanan
Eliminate downtime and optimize performance across your enterprise applications. Buchanan Technologies delivers application performance tuning and system integration to help you achieve seamless operations.
96% Improvement in Invoice Processing
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:
Where Are You Today?
Where Can You Be Tomorrow?
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Powering Your Future, Today
We deliver application solutions and database services that drive efficiency and innovation for your enterprise applications and databases. We offer a comprehensive suite of solutions that drive real results as shown below. From custom development to system integrations, to fully managed services that ensure seamless operations, enhance efficiency, and drive business growth.Why Buchanan?
- Full-stack provider with expertise in end-to-end infrastructure management, modern workplace services, and application performance management
- Flexible pricing and delivery
- Industry-recognized best practices
- Best-in-class remote monitoring and ticketing tools
- Continuous process improvement methodology
- Customer satisfaction monitoring
- Proven ITIL-based processes
- 100% satisfaction guarantee