Community Lender Improves Process Speed and SOX Compliance with Oracle ERP Cloud
Before Datavail helped our client, a Community Development Financial Institution (CDFI) that helps financially underserved markets gain access to affordable credit, they were overwhelmed with their accounts payable (AP) invoices, wasting hours on slow, error-prone manual processes in their enterprise resource planning application, Oracle ERP Cloud. Additionally, the client also had a number of other IT pain points, including lax data security for SOX compliance, report generation crashing on large datasets, and lack of integrations with third-party systems and software.
In this case study, we’ll discuss how Datavail helped our client solve these challenges, along with several others, by making enhancements and customizations in Oracle ERP Cloud including:
- Eliminating untold hours of manual effort by switching to automated AP invoicing.
- Integrating Oracle ERP with third-party systems and software that are essential to the client’s operations.
- Developing automatic rules and business logic for the bank reconciliation process.
By automating and modernizing the client’s Oracle ERP deployment, Datavail’s improvements to the client’s IT systems have dramatically increased productivity. Employees can spend less time stressing out about their tedious, error-prone manual processes, and more time focusing on the big picture.
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