Case Study: MTN Group achieves 50% faster budget preparation and more accurate financial reporting with Oracle Cloud EPM (Oracle)

MTN Group masters financial reporting with Oracle Cloud EPM

MTN Group, a Johannesburg-based mobile telecom serving about 300 million subscribers across 23 African and Middle Eastern countries, faced slow, error-prone financial processes driven by heavy reliance on emailed spreadsheets. Data-entry mistakes, inconsistent calculations, and fragmented numbers hampered budgeting, financial reporting, and tax compliance, prompting a need to simplify the application portfolio and standardize processes for greater speed and accuracy.

MTN standardized on Oracle Cloud Enterprise Performance Management (part of Oracle Cloud ERP) to create a single, cloud-based platform for planning, reporting, and tax provisioning. The move cut head-office budget preparation time by about 50%, delivered a single source of truth for executives, moved tax provisioning and comparisons to a monthly cycle, and reduced maintenance costs while strengthening tax oversight across its 23 operating geographies.

MTN Group

Chris Badenhorst

Senior Manager, Systems