Case Study: Vesta Real Estate achieves faster reporting and cost savings with Oracle Cloud

Vesta cuts financial reporting costs by 78% in Oracle Cloud

Vesta Real Estate, a growing real estate company, faced significant challenges in tracking its expanding portfolio of over 200 customized industrial properties. The strain of managing multiple, disparate systems for planning, scheduling, and invoicing was pushing its workforce to the brink. To address this, the company turned to Oracle Cloud, implementing a suite of products including Oracle Cloud ERP, EPM, and HCM.

The solution from Oracle consolidated Vesta's key systems onto a single platform, integrating enterprise applications with project management tools. This allowed for easy forecasting of operating expenditures and cash flow. The measurable results were substantial; Oracle Cloud ERP reduced the cost of generating critical reports by 78% and slashed the reporting time from 45 days to mere seconds, while also speeding up invoicing and payment processes.

Vesta Real Estate

Ivan Saavedra Maufras

Project Manager