Case Study: Âncora Consórcios achieves faster financial planning and closing with Oracle Cloud EPM

Âncora Consórcios accelerates financial planning with Oracle Cloud EPM

Âncora Consórcios, a Brazilian financial services company that manages consortiums, needed a more scalable way to handle financial planning and reporting as it grew. Its processes were heavily dependent on spreadsheets linked to database and ERP systems, which limited flexibility and made planning and closing slower. The company turned to Oracle Cloud EPM to improve forecasting and give executives a clearer view of operations.

Oracle implemented Oracle Fusion Cloud EPM for Âncora Consórcios, adding stronger financial management capabilities, predictive algorithms for fixed expenses and tax calculations, and more efficient reporting. As a result, monthly planning and financial closings became much faster, with planning completed in 6 hours and closings in 48 hours, while the company also gained more accurate analysis of business opportunities.

Âncora Consórcios

Ricardo Dias

Controllership Analyst