Case Study: CACTUS Communications achieves faster financial close and greater efficiency with Oracle Cloud ERP

CACTUS Communications Closes Books Faster With Oracle Cloud

CACTUS Communications, a global technology company serving academia, life sciences, and publishing, was growing rapidly and expanding into new countries, which made its finance processes harder to manage. After previously consolidating financial activities on Oracle E-Business Suite, the company needed a more scalable, cloud-based way to support faster reporting, better decision-making, and less manual maintenance, so it chose Oracle Cloud ERP.

Oracle implemented Oracle Cloud ERP, including the procurement module, to automate and standardize finance and purchasing workflows, streamline vendor onboarding, and improve real-time visibility with dashboards. As a result, CACTUS closed its books four days earlier each month, expects to cut procurement-related finance effort by 20%, and may avoid hiring three additional finance employees. Oracle also helped CACTUS reduce unapproved and non-PO payments while improving team morale and operational efficiency.

CACTUS Communications

Karthik Balakrishnan

Assistant Vice President, Finance and Accounts