Azdan Case Study

Ittihad Investment shorten their financial close cycle

Ittihad Investement

Industry

Investment

Country

United Arab Emirates

Client Website

https://www.ittihadinvestment.ae

Solutions Deployed

Oracle Enterprise Performance Management

Business Situation

Ittihad investment operates a diversified portfolio of companies in UAE under 5 different verticals. the leading investor was suffering from lack of accurate consolidated financial statements for the 16 subsidiaries.

Solution

Azdan implemented Oracle Financial Consolidation Cloud Service across the 16 subsidiaries and improved the financial and business analytics for the group finance office.

Results

Satisfied management and stakeholder expectations by reducing the time required to produce monthly and quarterly reporting by more than 60%.

Knowledge really is power

Azdan Planning Resources

Are you doing planning right? Quiz

The Financial Consolidation Guide - Infographic

9 types of planning & Budgeting - EBook