Ittihad Investment shorten their financial close cycle
United Arab Emirates
Oracle Enterprise Performance Management
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.
Azdan implemented Oracle Financial Consolidation Cloud Service across the 16 subsidiaries and improved the financial and business analytics for the group finance office.
Satisfied management and stakeholder expectations by reducing the time required to produce monthly and quarterly reporting by more than 60%.