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
The Financial Consolidation Guide - Infographic
