Success Story | umniah
Umniah: Best 2 Time Reduction Results by Oracle EPM and Azdan
About umniah
Umniah is officially established in 2005, it swiftly established a notable presence in one of the region's fiercely competitive markets. As a subsidiary of Batelco Bahrain, their company has effectively positioned itself as a thriving telecommunications provider in Jordan. They specialize in delivering top-notch integrated services, encompassing mobile, Internet, and business solutions, offering exceptional value and keeping up with the latest industry advancements.
Company
umniah
Location
Jordan
Industry
Telecommunication
Azdan Solution
Oracle Enterprise Performance Management
Employees
1,000+ Employees
Business Situation
Umniah faced several business challenges. These included difficulties in managing and consolidating financial data, limited visibility into financial performance, manual and time-consuming budgeting and planning processes, and a lack of real-time insights for informed decision-making. Umniah recognized the need for a comprehensive and efficient solution to address these challenges and improve their financial management processes.
Solution
Azdan implemented all types of financial planning and budgeting reports crafted for telecommunication such as different revenue streams such as Postpaid and Prepaid per each product. and expenses planning for equipment and maintenance costs, IT and Network Operation Expenses.
Results
The implementation of Oracle Cloud EPM resulted in a remarkable time reduction for generating financial reports, decreasing the time required:
