Case Study: Aditya Birla Nuvo reduces consolidation cycle time by 25% and standardizes financial reporting with Oracle Hyperion Financial Management (Oracle)

Aditya Birla Nuvo Reduces Consolidation Cycle Time by 25%, Enhances Financial Data Transparency, and Standardizes Reporting Process

Aditya Birla Nuvo Ltd. (ABNL) is a diversified Indian conglomerate with 50 business units and joint ventures across sectors such as manufacturing, financial services, telecom and IT. Facing legacy financial reporting systems, ABNL needed a single consolidated solution to automate data consolidation across its entities, eliminate manual reconciliations, and meet statutory and management reporting requirements.

ABNL upgraded to Oracle Hyperion Financial Management (integrated with SAP and legacy systems) in staged implementation with partner Deloitte, centralizing chart-of-accounts mapping and enabling ad-hoc reporting via Hyperion Smart View. The result: a 25% faster consolidation cycle (reduced from 20 to 15 days), standardized reporting, improved data transparency and drill-down capability, reduced reconciliation time, and better insight into key performance areas while meeting statutory reporting needs.

Aditya Birla Nuvo

Mahendra Bhandari

Assistant Vice President