Energy Services Fortune 100 Company
A forward-thinking leadership added Cloud to their E-Business Suite footprint and saved 2-4% in indirect spending in the first year. With a long-term plan to adopt Cloud end-to-end, this company is realizing the benefits modern solutions can deliver.
A Fortune 100 company providing aviation, marine and land energy, logistics, and technology solutions to customers and suppliers around the world. With a global team of local professionals, they deliver innovative products and services at more than 8,000 global locations.
This Fortune 100 energy company is a global enterprise with a large trading partner network. However, they lacked a formal procurement solution with full integration capabilities for trading partners and with compliance controls to govern corporate spending. They also had a highly customized ERP system that required an upgrade. Management also wanted to lower overall costs by reducing expenses on items such as custom development. This led them to a Cloud solution, integrated to on-premise ERP, and a long term roadmap to incorporate SaaS as their main infrastructure.
The ArganoCSS Approach
Leveraging the company’s recognition that a SaaS model was the forward-thinking solution they needed, ArganoCSS worked with management to implement Oracle’s Cloud Procure-To-Pay solution globally, including 7 sites in the UK, integrated with on-premise Oracle E-Business Suite, and developed a roadmap for them to take their ERP platform entirely to the Cloud down the road. With a project plan led by ArganoCSS, the solution replaced manual processed, provided formal procurement controls, and leveraged both on-premise and Cloud integration capabilities to deliver Financials, Self-Service Procurement, Sourcing and Contracts; and Supplier Portal.
In the first year, the company saved 2-4% on indirect spend, which equaled $4 million. In addition, rogue spending has been significantly reduced and there marked improvement in increased visibility into spend backed by real-time data analytics, supplier assessments, and new strategies for high-spend categories and suppliers. This project allows the organization to mitigate risk by implementing components of functionality at the right pace. And Cloud functionality and ease of use allowed for high user adoption. The company is on its way to a full Oracle Cloud footprint but is able to leverage on-premise integration to the Cloud while they get there. Other benefits included the reduction of rogue spending, continuous delivery of innovation with scheduled upgrades, lower investment in infrastructure and improved user efficiency.
What our client says
“Our long-term Cloud strategy will no doubt help the company reach our growth, communication, and revenue objectives. With help from ArganoCSS, we were able to implement an integrated solution and develop a long term SaaS plan that will give us the modern technology we needed.”
– Vice President Business Architecture