Case Study: FlexiGroup achieves 50% faster month-end closing with Oracle Cloud ERP

FlexiGroup Processes Month-End Closing 50% Faster with Oracle ERP Cloud

FlexiGroup Ltd., a diversified financial services company that offers interest-free cards, payment plans and leasing through a large partner network, outgrew its legacy financial systems after rapid product and acquisition-led growth. The old platform constrained timely reporting, slowed consolidation across more than 60 legal entities and made it difficult to onboard new businesses, so FlexiGroup needed a modern, scalable finance platform to support growth and faster decision-making.

By moving to Oracle Cloud ERP and Oracle Cloud Financials and consolidating six general ledgers into a single system, FlexiGroup halved its month-end close from eight to four days, sped up accounts payable by 40%, and gained real‑time visibility across 60+ entities. The cloud solution automated invoice processing and end‑to‑end finance workflows, simplified integration of acquired entities, improved risk controls and reporting, and freed finance staff to focus on strategic work while ensuring high availability and easier maintenance.

FlexiGroup

Tonderai Maenzanise

Group Financial Controller