Snapshot

Little Real Estate gains real time, cuts budgeting and planning cycle time, and enhances business decisions with Oracle EPM Cloud. The organisation wanted to eliminate manual data reconciliation from multiple sources and minimise data integrity issues by providing 
a purpose-built, integrated cloud application for staff to easily access and track revenue against budget across all real estate offices.

Challenge

• Eliminate manual data reconciliation from multiple sources and minimise data integrity issues
• Improve staff accountability by enabling cost centre owners to view and update data directly in the system without relying on the finance team to provide the information
• Increase finance team productivity and satisfaction by automating the budgeting and planning processes and freeing up time for staff to focus on more strategic projects

Solution

• Oracle Planning
• Oracle JD Edwards
• Technical support and collaboration

Results

• Cut planning cycle time by allowing Little Real Estate’s finance staff to view real-time data via Oracle Planning’s SmartView feature
• Enhanced decision making to build multiple revenue and expense models
• Lowered headcount costs by improving the ability to efficiently allocate tasks across team members and complete the same amount of work with one less staff member

“By gaining the integration capability with Oracle Planning, we can easily access real-time data across 23 real estate offices without having to wait until month-end reports are finalised.” 

Rebecca Kerr, chief financial officer, Little Real Estate