Case Study: ConnectOne Bank achieves faster month-end closes and personalized customer service with Oracle Cloud

ConnectOne Bank Delivers Personalized Service and Manages Business Growth

ConnectOne Bank, a customer-focused regional bank, needed to preserve fast, personalized service while managing business growth and tighter regulatory scrutiny. Its finance and IT teams faced manually intensive processes, fragile data integrity, slow month-end and regulatory reporting, and a need for timely management information to support quick decisions.

Partnering with Oracle and IBM Global Business Services, ConnectOne moved to a cloud-based Oracle stack—including Financials Cloud, Planning & Budgeting, BI, and a DBaaS hub—and introduced extensive process automation and system integration. The transformation cut seven days from the monthly close, saved weeks on regulatory/SEC reporting, removed 17 hours/month of manual reconciliations, sped audits by 10% (saving thousands annually), improved reporting granularity and drilldowns, and delivered scalable, lean IT operations to support continued growth.

ConnectOne Bank

Neil Martucci

Senior Vice President and Controller