Success Story | Abu Dhabi University

Abu Dhabi University reduces budgeting cycle by 60%

About Abu Dhabi University

Abu Dhabi University is a prestigious educational institution located in the United Arab Emirates. With campuses in Abu Dhabi and Al Ain, it offers a wide range of undergraduate and postgraduate programs across various disciplines. The university is committed to providing high-quality education, fostering research and innovation, and preparing students to excel in their chosen fields.

Company

Abu Dhabi University

Location

United Arab Emirates

Industry

Education

Azdan Solution

Oracle Enterprise Performance Management

Employees

500+ Employees

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Business Situation

In the higher organization sector it is not easy to support the operational and financial planning process. However, until recently, ADU had no integrated system for budget analysis and execution, relying exclusively on Excel sheets.

Solution

Azdan helped ADU to implement Enterprise Performance Management (EPM) solution to improve the core process of planning and forecasting. The university now eliminates time-consuming, error-prone spreadsheets where a missing formula or a mistaken data assumption could require days to re-run profitability and cost calculations.

Results

  • Abu Dhabi University successfully achieved the goals of its five-year strategic plan.
  • With the implementation of sophisticated forecasting techniques, the university achieved an impressive forecasting accuracy of 95%.
  • The budgeting and reporting cycle was reduced by more than 60%.
  • The streamlined budgeting process enhanced efficiency and decision-making.