Case Study: Allied Irish Banks achieves faster, more accurate financial planning with Oracle Cloud EPM

Allied Irish Banks positions for growth using Oracle Cloud EPM

Allied Irish Banks, a financial services group with more than 170 branches across Ireland and the United Kingdom, struggled with large and complex spreadsheet models across its business units. This made data consolidation slow and difficult, limited collaboration, and created version-control risks for scenario planning, submissions, and reporting. The bank wanted a better way to improve planning, budgeting, and forecasting, and chose Oracle Cloud EPM to support its growth strategy.

Oracle implemented Oracle Cloud EPM Planning for Allied Irish Banks, with Qubix as the implementation partner, helping the bank scale its multiregional planning process and replace spreadsheet-heavy workflows. The result was a 40% increase in financial planning efficiency, a 60% reduction in manual processes, and a 30% reduction in manpower effort. Oracle also helped AIB improve data accuracy, standardize assumptions, increase transparency, and produce monthly rolling forecasts at the required business level.

Allied Irish Banks

Cyril Brennan

Head of Planning & Forecasting, Group Finance