Case Study: Rancon Group achieves nearly doubled growth and 55% faster financial close with Oracle Cloud ERP

Rancon Group Nearly Doubles Growth With Oracle Cloud

Rancon Group, a Canadian real estate developer managing more than 100 legal entities, needed to simplify, standardize, and accelerate finance processes to support rapid diversification into new sectors while minimizing upfront investment. The company sought a scalable, flexible ERP to enable enterprise‑level financial management, faster decision making, and quicker time to value.

Rancon deployed Oracle Cloud ERP (with implementation support from RJT Solution Beacon) in seven months, standardizing on a master chart of accounts and automating key processes. The result: a 55% faster monthly close (22→15 days) with an additional five days saved via treasury automation, an ~80% reduction in manual journal entries, a 30–50% faster time‑to‑pay and roughly 50% lower invoice processing cost, near‑100% business growth support with only two added accounting staff, and real‑time visibility into cash and loans.

The Rancon Group

Steven Van Houten

CFO, The Rancon Group