Case Study: Promise Healthcare achieves faster financial close and real-time financial visibility with Oracle ERP Cloud

Promise Healthcare Improves Financial Processes with Oracle ERP Cloud

Promise Healthcare, a specialty post‑acute care system with 20 facilities and 5,000 staff, needed a modern, single view of financial data to replace fragmented, spreadsheet‑based processes. The organization sought to standardize and streamline financial and supply‑chain workflows across all sites, improve visibility for timely decision‑making, and shorten a month‑end close that exceeded 20 business days.

Promise deployed Oracle ERP Cloud (including Oracle Financials Cloud), going live in March 2017, to centralize financials and automate cash management, fixed‑asset tracking, payroll, invoice scanning/AP, and supply‑chain processes. The rollout delivered real‑time financial data for faster decisions, eliminated manual spreadsheet work (saving each of four accountants two days), cut payroll and processing time by hours per month, reduced shipping costs, sped accounts‑payable transactions, and moved the organization toward its goal of a sub‑10‑day financial close.

Promise Healthcare

Stan Grabish

Senior Vice President, Strategic Planning and Financial Analysis