Case Study: Sanmar Denizcilik speeds up financial planning with Oracle Cloud EPM

Sanmar Denizcilik speeds up financial planning with Oracle Cloud EPM

Sanmar Denizcilik, a Turkish tugboat builder and operator, needed a better way to manage vessel-centric financial planning, forecasting, and revenue recognition across longer planning horizons. Its spreadsheet-based process made it hard to consolidate data, work collaboratively, and plan beyond one year, so the company turned to Oracle and Oracle Cloud EPM.

Oracle implemented Oracle Cloud EPM in a six-month, on-time, under-budget rollout to connect finance with vessel construction lifecycles and automate multiyear planning. The result was the ability to build detailed three-year budgets with monthly forecasts, reduce manual errors, run scenario modeling faster, and improve financial consolidation, decision-making, and resource planning.

Sanmar Denizcilik

Kerim Kazgan

Chief Financial Officer