Case Study: Europe's largest aerospace parts manufacturer achieves 70% faster financial close with Hexaware's Oracle R12 implementation

70% faster financial closure process for Europe's largest aerospace parts manufacturer through Oracle R12 Implementation

Europe's Largest Aerospace Parts Manufacturing Company faced fragmented financial operations—decentralized invoice and payment processing, constrained management reporting, multiple country-specific third‑party systems, and a need for global financial processes and a Chart of Accounts redesign. The customer engaged Hexaware to address these challenges and implement Oracle E‑Business Suite (Oracle R12/12.2.4) Financials across its operating units.

Hexaware redesigned a global COA for 14 business units across the UK, France, Poland and India, implemented Oracle EBS R12.2.4 integrated with third‑party SCM, migrated four years of trial balances, built 100+ CEMLIs and enabled AGIS for intercompany reconciliation. As a result, Hexaware delivered a 70% faster financial close (3 days versus 10), consolidated reporting and processing into a single system, centralized UK invoice/payment processing, eliminated inter‑company reconciliation and achieved cost savings of approximately £10k.