Case Study: Siam Commercial Bank achieves greater agility and faster financial operations with Oracle Cloud ERP and Oracle Cloud EPM

Siam Commercial Bank Gains End-to-end Integration With Oracle

Siam Commercial Bank, Thailand’s third-largest bank, needed to modernize aging, disconnected legacy systems to support digital banking growth, improve financial planning, and create a single platform for finance, risk, treasury, and performance management. As a longtime Oracle customer, SCB chose Oracle Fusion Cloud ERP and Oracle Cloud EPM to build a consolidated cloud foundation and a single source of truth.

Oracle implemented the cloud solution with Deloitte, helping Siam Commercial Bank streamline back-office operations and strengthen governance and control. The results were measurable: payment processes now take just one day, paper documents were eliminated, and account reconciliation was cut from an hour to 10 minutes, while also reducing days payables outstanding and improving efficiency across accounting and procurement.

Siam Commercial Bank

Boonyasit Mahaboonpeng

Program Director