Case Study: Edgewater Technology, Inc. achieves accurate quarterly rolling forecasts with Oracle Planning and Budgeting Cloud Service

Edgewater Technology Performs Quarterly Rolling Forecasts in the Cloud

Edgewater Technology, Inc., a 400-employee strategic consulting firm based in Wakefield, Massachusetts, relied on manual, spreadsheet-driven planning that was time-consuming, error-prone, and inflexible. Leadership needed automated, driver-based forecasting, scenario analysis, longer-range trend visibility, and broader manager access to financial data to improve accuracy, speed, and accountability across the business.

Edgewater implemented Oracle Planning and Budgeting Cloud Service in about four weeks, replacing manual consolidations with a collaborative, rolling-forecast framework. The cloud solution delivered real-time P&L reporting, quarter-over-quarter and scenario analysis, improved forecasting accuracy by tracking headcount, utilization, and margins, and enabled more managers to participate through secured access—producing immediate improvements in timeliness, granularity, and decision-making.

Edgewater Technology, Inc.

Tim Oakes

Chief Financial Officer