Case Study: EFG Hermes Holding cuts budgeting cycles from months to weeks with Oracle Cloud EPM

EFG Hermes Holding cuts months from the budget cycle with Oracle Cloud

EFG Hermes Holding, a leading financial services corporation operating across 13 countries, faced a highly manual and decentralized budgeting process that relied on spreadsheets and email. This made it difficult to consolidate data, maintain visibility, and complete budget preparation and approvals on time. The company turned to Oracle Cloud EPM to improve planning, budgeting, and forecasting, along with Oracle Analytics Cloud for better reporting and insight.

With Oracle, EFG Hermes Holding streamlined its financial planning process and gained stronger visibility and collaboration across business units. The result was a major reduction in the budgeting cycle from months to weeks, along with improved accuracy, control, and faster data-driven decision-making.

EFG Hermes Holding

Mohamed Fathy

Chief Information Officer