Success Story | Abu Dhabi Development Holding (ADQ)
ADQ Achieves Financial Efficiency With Oracle EPM
About Abu Dhabi Development Holding (ADQ)
Abu Dhabi Development Holding is founded in 2018 in Abu Dhabi, It is a prominent holding company with extensive local and international investments. As both an asset owner and investor, ADQ's diverse portfolio includes major enterprises across key sectors such as energy, utilities, food, agriculture, healthcare, pharma, and mobility. As a key ally of the Abu Dhabi government, ADQ is dedicated to expediting the emirate's evolution into a globally competitive economy based on knowledge and innovation.
Company
Abu Dhabi Development Holding (ADQ)
Location
United Arab Emirates
Industry
Investment
Azdan Solution
Oracle Enterprise Performance Management
Employees
200-500 Employees
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Business Situation
Before Oracle EPM implementation, Abu Dhabi Development Holding faced challenges in performance management, budgeting, and forecasting. Financial processes were unstreamlined, leading to inefficiencies. The organization identified a crucial need to enhance data transparency. This underscored the decision to implement Oracle EPM for improved financial operations, accurate budgeting, forecasting, and increased data clarity.
Solution
Azdan addresses ADQ's challenges by implementing Oracle EPM and by providing advanced tools for streamlined performance management, integrated financial processes, and enhanced budgeting and forecasting. Oracle EPM ensures comprehensive solutions for Abu Dhabi Development Holding's financial and operational needs. Scalable and user-friendly, the platform facilitates user adoption and training, positioning Abu Dhabi Development Holding for more effective and data-driven decision-making as the organization grows.
Results
The implementation of Oracle EPM to ADQ has resulted in significant improvements:
