Case Study: SRAM achieves faster, more efficient financial consolidation with Oracle Cloud EPM

Bicycle components maker SRAM spins its business forward with Oracle Cloud EPM

SRAM, the world’s second-largest bicycle component manufacturer, needed a simpler way to manage financial consolidation and close while moving away from its on-premises Hyperion Financial Management system. Maintaining the old setup would have required more time, resources, customization, and database investment, so the company chose Oracle Cloud EPM Financial Consolidation and Close.

Oracle implemented Oracle Cloud EPM Financial Consolidation and Close for SRAM, with support from Oracle Partner Huron Consulting, enabling a faster deployment, no additional training, and seamless integration with SRAM’s SAP ERP system. The results included cost savings, no application downtime, less customization, faster month-end consolidation, easier routine tasks, and more time for higher-value work, while also giving the team deeper business insights and scalable performance as data grew.

SRAM

Mulubwa Munkanta

Financial Planning and Analysis Manager