Case Study: American Video Delivery Technology and Services Company achieves 30% TCO savings with FloData and Oracle Fusion Cloud

30% Savings in TCO with Back-Office Modernization using Oracle Fusion Cloud

An American video delivery technology and services company faced significant challenges with its outdated on-premise Oracle systems, including a lengthy month-end closing process, manual handling of French GAAP requirements, and difficulties managing its chart of accounts. To modernize its infrastructure and reduce costs, the company partnered with FloData and Forsys for a migration to Oracle Fusion Cloud.

FloData implemented a hybrid cloud-on-premise landscape, executing a phased migration that began with finance modules. This solution included data conversion, integration of master data, and the creation of a new financial reporting center. The results were substantial, with the client achieving a 30% savings in total cost of ownership and reducing its month-end closing process from four days to just one.