Case Study: Flagstar Bank achieves 8X faster financial processes with Oracle Cloud EPM

Flagstar Bank runs routine financial processes 8X faster with Oracle Cloud EPM

Flagstar Bank, one of the largest U.S. mortgage originators and savings banks, had long used Oracle Hyperion Planning on-premises but found the system increasingly slow, cumbersome, and reliant on manual workarounds as the bank grew. These inefficiencies limited data visibility, reduced productivity, and made budgeting, planning, and reporting time-consuming. To address these challenges, Flagstar Bank turned to Oracle Cloud EPM.

Oracle implemented Oracle Cloud EPM for Flagstar Bank to centralize finance data, streamline planning and budgeting, and improve reporting, analytics, scalability, and user experience. The results were immediate: financial planning processes became 4X faster overall, and routine tasks like Fund Transfer Pricing and expense allocations ran 8X faster. Oracle Cloud EPM also reduced manual errors, lowered costs, improved profitability, and gave Flagstar Bank near real-time visibility into financial performance.

Flagstar Bank

Damon Hrydziuszko

First Vice President