The client, an industry-leading manufacturer of building products and innovative solutions, had been relying on a 30-year-old legacy mainframe system and associated “offline” reporting and analytics features for managing assets. The organization needed to reduce the manual maintenance and operations associated with its aging mainframe system and business processes for the recording and reporting of fixed assets.
The client sought to implement a modern cloud fixed assets management solution with full integration with its financial and project accounting functions on eBusiness Suite. The primary objectives of this engagement were to optimize business processes associated with the management of fixed assets and to ensure scalability with 30,000+ assets.
Partnering with AST helped a leading manufacturer retire a 30-year-old mainframe system with no business disruption. The modern, integrated cloud financials solution with built-in asset management provides comprehensive reporting across assets, valuation, and depreciation.
Mike Milner Regional Sales Director, AST LLCPartnering with AST helped a leading manufacturer retire a 30-year-old mainframe system with no business disruption. The modern, integrated cloud financials solution with built-in asset management provides comprehensive reporting across assets, valuation, and depreciation.
Mike Milner Regional Sales Director, AST LLCAST’s close partnership with Oracle and decades of experience modernizing financial and asset operations allowed a seamless and effective migration to the cloud. AST provided a thorough assessment and strategic roadmap for a complete cloud migration, establishing best practices to automate financial processes. The project included the implementation of Oracle Fixed Assets Cloud, providing the client with comprehensive reporting across assets, valuation, and depreciation, as well as a roadmap for a full EBS migration to Oracle Cloud.
Additionally, the client has realized the following benefits:
AST’s deep expertise in modernizing Manufacturing operations and asset management with modern cloud technology has led to valuable automation and greater efficiency in the clients’ accounting and business operations.
