Case Study: Dropbox achieves 80% processing-cost reduction and halves financial close time with Oracle Cloud

Dropbox slashes processing costs by 80% with Oracle Cloud

Dropbox, a file‑hosting and collaboration company serving 600 million users globally, needed to scale finance operations to support rapid distributed‑work demand while minimizing cost and risk. The finance team faced high volumes of monthly transactions and manual reconciliation work and wanted a unified, machine‑learning enabled solution to automate and cleanse financial data, speed delivery for analysis, and eliminate thousands of hours of manual labor.

Dropbox expanded its use of Oracle Cloud (ERP, EPM, Infrastructure, Integration, Analytics, Autonomous Data Warehouse and Risk Management) to consolidate invoices, automate data delivery, and enable low‑code integrations and prebuilt adapters. The result: processing costs were slashed by 80%, financial period close time was cut in half, accounts receivable close fell from four days to one, time to market accelerated 4x, and global access controls and analytics now support faster, more accurate financial decision‑making.

Dropbox

Vikram Singhvi

Head of Enterprise Applications