Case Study: Seguros Alfa achieves 80% faster budget consolidation with Oracle Cloud EPM

Seguros Alfa reduces budget consolidation times by 80% with Oracle Cloud EPM

Seguros Alfa, a leading Colombian insurance company, needed a more robust and intelligent tool for projection and budget planning. To address this challenge, it selected Oracle Fusion Cloud Enterprise Performance Management (EPM) for its security, flexibility, and broad capabilities.

With Oracle Cloud EPM, Seguros Alfa automated budget management and built its own projection models. Oracle helped the company consolidate budgets across all divisions, automate payroll, and reduce budget consolidation time by 80%, while also cutting the time to consolidate and prepare expense and project reports by 81%.

Seguros Alfa

Pablo Pinilla

Senior Financial Manager