Case Study: Community Development Financial Institutions Fund achieves faster AP processing and SOX compliance with Datavail

Community Lender Improves Process Speed and SOX Compliance with Oracle ERP Cloud

Community Development Financial Institutions Fund, a CDFI serving financially underserved vehicle buyers, struggled with slow, error-prone manual accounts payable processes, large-report crashes, weak access controls, and SOX compliance gaps in their Oracle ERP Cloud environment. They engaged Datavail to modernize and secure their Oracle ERP deployment and to automate tedious accounting and procurement workflows.

Datavail implemented automated AP invoicing (ACH and bank-driven check printing), Oracle WebCenter Forms Recognition/Intelligent Document Recognition for automated data capture, linked purchase orders to invoices, introduced SOX‑compliant approval workflows and tighter access controls, improved reporting by breaking large jobs into smaller parts, and integrated Oracle ERP with third‑party systems and BAI2 bank reconciliation. As a result, Datavail eliminated untold hours of manual effort, accelerated invoice processing and reconciliations, improved audit/report reliability and SOX readiness, and streamlined the client’s end‑to‑end accounting operations.

Community Development Financial Institutions Fund