Case Study: Ngern Tid Lor achieves faster financial close and greater flexibility with Oracle Cloud ERP

Ngern Tid Lor gains flexibility with Oracle Cloud

Ngern Tid Lor, a Thai microcredit leader with more than 1,000 branches, needed a modern financial platform that could support rapid growth, reduce manual reporting, and replace its legacy on-premises system. The company turned to Oracle and Oracle Fusion Cloud ERP to gain more up-to-date functionality, better scalability, and minimal IT maintenance.

Oracle implemented Oracle Cloud ERP, with Oracle Consulting supporting the rollout, helping Ngern Tid Lor simplify its general ledger and chart of accounts, improve finance period close control, and tighten purchase order approval controls for audit compliance. As a result, the company reduced labor-intensive security and compliance work through auto reconciliation, gained better visibility to identify anomalies and predict outcomes, and achieved a faster, simpler financial close while staying agile as the business grows.

Ngern Tid Lor

Bernard Tso

Executive Vice President, Head of Marketing and Business Development