Case Study: Irving Materials achieves 93% faster financial statement refreshes and reduced IT complexity with Oracle Financials Cloud

Irving Materials Refreshes Financial Statements 93% Faster, Reduces IT Complexity, and Gains Rapid Access to New Functionality with Cloud Solution

Irving Materials, Inc., a regional supplier of concrete and aggregate operating across six states, needed a more scalable, reliable finance platform to support rapid organic growth and acquisitions. The company faced complex multi‑state financial management requirements, high availability and performance expectations, and a desire to reduce IT management costs and avoid large infrastructure investments while gaining faster access to new functionality.

IMI migrated to Oracle Financials Cloud (with KPMG as implementation partner) in a 10‑week project—bringing over seven years of history and using a train‑the‑trainer rollout—to streamline operations. The cloud solution cut financial‑statement refresh time from 30 minutes to 2 minutes (a 93% improvement), improved reporting accuracy and drill‑down visibility via Oracle Hyperion Smart View and embedded Essbase, eliminated third‑party middleware and related licensing, reduced IT complexity, freed IT to focus on strategic initiatives, and simplified future upgrades and maintenance.

Irving Materials

Chad Kelley

Controller