Products: Oracle EPM Cloud

Evosys Services: SAP to Oracle Cloud Migration

Industry: Media & Entertainment

Background

Alto Broadcasting System-Chronicle Broadcasting Network (ABS-CBN) Corporation is one of the largest media & entertainment organizations in the Philippines. The company is engaged in the creation and production of content for television, online and radio platforms.

Challenges

  • ABS-CBN wanted to develop a reporting system based on SAP as a source.

  • Report on parameters for which data wasn't present directly viz. Division, LOB, Segments, and Projects.

  • Report based on a change in Nature of Accounts based on Nature of the Profit Center.

  • Decide on the standardized drivers for the complete organization.

Solutions

  • Solution was designed considering SAP data as the source. It helped to process and integrate data as per the reporting requirements. Moreover, we created special taggings and attributes to export data in the format required and defined by ABS-CBN.

  • Conducted sessions with the ABS-CBN teams to decide on the relevant drivers for their budgeting.

Benefits

  • After the implementation of Oracle EPM Cloud, the reporting capabilities for ABS-CBN became robust and agile enough to:

    • Get instant reporting of P&L Statement and reports based on the data entered.

    • Provide quick forecast process.

    • Extract reports based on LOB, Segment, Division and Projects easily.

    • Helped with more detailed budget planning.

  • Oracle EPM Cloud implementation also helped in improving coordination between the Finance Budget team and Finance Officers during the process of budget creation. Hence, it improved their efficiency and productivity.

Value addition by Evosys

As their Oracle Cloud implementation partner, Evosys enabled ABS-CBN by:

  • Providing a quick performance check for the organization and accordingly designing the Oracle EPM solution to be implemented

  • Increasing the productivity by reducing the manhours that went into report creation through automating the process customized to their needs.

  • Helping save the budget on the SAP licenses, thereby creating shorter budget cycle.

Why ABS-CBN chose Evosys?

Evosys brings extensive experience in successful Oracle Cloud implementations globally. We have a dedicated team of certified Oracle consultants and ready mobile employees, who can reach out to clients anytime, anywhere.

Solution Employed

  • Oracle Planning and Budgeting Cloud Service (PBCS)

  • Oracle Financial Consolidation and Close Cloud Service (FCCS)

Learn more about Evosys Services for Oracle EPM Cloud Solutions or contact us now.

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