Case Study: IAC achieves scalable global growth and streamlined financial reporting with Oracle Managed Cloud Services

IAC scales for international growth while supporting more than 150 media and internet properties

IAC is a global media and internet company that operates more than 150 brands with over a billion monthly visits across 30+ countries. Rapid growth, frequent acquisitions and divestitures, diverse reporting needs, global regulatory requirements, and the need to minimize system redundancy and downtime created a complex finance and IT challenge: enable multiple views of financial data, scale quickly for new entities, and integrate cloud and on‑premises systems while preserving performance and reliability.

IAC implemented Oracle Managed Cloud Services—Oracle Financials Managed Cloud Service, Oracle Hyperion Planning and Oracle Essbase—to deliver a single, scalable financial platform. The solution reduced monthly close time by a business day, cut new‑entity rollout from 90 to 30 days, improved system performance and reduced administration and downtime, and integrated with in‑house and third‑party apps to provide unified, multi‑hierarchy financial visibility that supports faster, data‑driven decisions.

IAC

Paul Scribano

Vice President, Financial Operations